Aquatic Capital Management’s Shake Shack SHAK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-43,341	Closed	-$4.06M	–	1735
2025 Q3	$4.06M	Sell	43,341 -29,879	-41%	-$3.43M	0.08%	313
2025 Q2	$10.3M	Buy	73,220 +57,323	+361%	+$6.24M	0.21%	128
2025 Q1	$1.4M	Buy	15,897 +3,171	+25%	+$344K	0.04%	512
2024 Q4	$1.65M	Sell	12,726 -41,974	-77%	-$5.14M	0.04%	418
2024 Q3	$5.65M	Buy	54,700 +33,700	+160%	+$3.25M	0.15%	169
2024 Q2	$1.89M	Sell	21,000 -13,200	-39%	-$1.29M	0.07%	274
2024 Q1	$3.56M	Sell	34,200 -54,800	-62%	-$4.8M	0.12%	173
2023 Q4	$6.6M	Buy	89,000 +84,700	+1,970%	+$5.19M	0.17%	138
2023 Q3	$250K	Sell	4,300 -61,600	-93%	-$4.38M	0.01%	629
2023 Q2	$5.12M	Buy	65,900 +25,300	+62%	+$1.63M	0.28%	88
2023 Q1	$2.25M	Sell	40,600 -36,300	-47%	-$2M	0.14%	169
2022 Q4	$3.19M	Buy	76,900 +16,400	+27%	+$799K	0.23%	103
2022 Q3	$2.72M	Buy	60,500 +45,300	+298%	+$2.17M	0.27%	95
2022 Q2	$600K	Buy	15,200 +14,600	+2,433%	+$745K	0.2%	141
2022 Q1	$41K	Buy	600 +200	+50%	+$13.8K	0.06%	325
2021 Q4	$29K	Buy	+400	New	+$30.4K	0.06%	484