The Cheesecake Factory Incorporated (NASDAQ:CAKE) Shares Bought by Deutsche Bank AG

The Cheesecake Factory Incorporated NASDAQCAKE is a publicly traded company that operates through its subsidiaries as a restaurant chain in the United States. The company's stock is listed on the NASDAQ Global Select Market under the ticker symbol "CAKE".

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. It operates globally and provides a wide range of financial products and services to individuals, corporations, and governments.

In its most recent 13F filing with the Securities & Exchange Commission (SEC), Deutsche Bank AG disclosed that it increased its stake in The Cheesecake Factory Incorporated NASDAQCAKE by 11.8% in the third quarter of 2021. This means that the institutional investor now owns a total of 25,774 shares of the restaurant operator's stock after purchasing an additional 2,713 shares during the period.

The 13F filing is a quarterly report that institutional investors are required to file with the SEC, which discloses their holdings in publicly traded companies as of the end of the quarter. This information can be used by investors and analysts to make informed investment decisions.

It's worth noting that Deutsche Bank AG has been investing in The Cheesecake Factory Incorporated NASDAQCAKE for some time now, as it was already one of the company's largest shareholders before this latest purchase. This increased stake suggests that the institutional investor continues to see value in the restaurant operator and believes that its stock is undervalued.