The investment advisor sold 138,450 shares of The Chefs’ Warehouse, reducing its position by nearly $9 million.
Kennedy Capital Management sold 138,450 shares of The Chefs’ Warehouse (NASDAQ:CHEF) in the first quarter, valued at approximately $8.86 million. The transaction was disclosed in a May 13, 2026 SEC filing, based on the quarterly average share price.
The fund’s remaining stake in CHEF stands at 677,638 shares, down from a prior position that reflected a $10.58 million decline in value. The sale reduced Kennedy Capital’s CHEF holdings to 0.85% of its 13F reportable assets, ranking it fourth among its top positions.
The Chefs’ Warehouse shares closed at $80.00 on May 12, 2026, marking a 29.5% gain over the past year and outperforming the S&P 500 by 2.83 percentage points.