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Shake Shack

212 hedge funds and large institutions have $1.8B invested in Shake Shack in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 58 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 58

9% less call options, than puts

Call options by funds: $125M | Put options by funds: $137M

12% less funds holding

Funds holding: 241212 (-29)

12.6% less ownership

Funds ownership: 102.04%89.45% (-13%)

37% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 59

41% less capital invested

Capital invested by funds: $3.05B → $1.8B (-$1.25B)

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
212
Holders Change
-29
Holders Change %
-12.03%
% of All Funds
4.18%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.04%
New
37
Increased
80
Reduced
58
Closed
59
Calls
$125M
Puts
$137M
Net Calls
-$12.1M
Net Calls Change
-$36.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
251
Envestnet Asset Management
Illinois
-$281K -2,868 Closed
GM
252
GeoWealth Management
Illinois
-$267K -2,722 Closed
NA
253
NewEdge Advisors
Louisiana
-$261K -2,659 Closed
BFS
254
Bradley Foster & Sargent
Connecticut
-$252K -2,575 Closed
SO
255
STRS Ohio
Ohio
-$245K -2,500 Closed
NA
256
Navellier & Associates
Nevada
-$241K -2,461 Closed
GCP
257
GSA Capital Partners
United Kingdom
-$211K -2,151 Closed
BRWA
258
B. Riley Wealth Advisors
Florida
-$209K -2,130 Closed
NICM
259
Neo Ivy Capital Management
New York
-$184K -1,853 Closed
IA
260
IFP Advisors
Florida
-$107K -1,490 Closed
Northwestern Mutual Wealth Management
261
Northwestern Mutual Wealth Management
Wisconsin
-$86K -1,196 -100%
CMBA
262
C.M. Bidwell & Associates
Hawaii
-$72K -735 Closed
TC
263
Truvestments Capital
Florida
-$54K -550 Closed
PRC
264
Pearl River Capital
Michigan
-$20K -202 Closed
NIC
265
Northwest Investment Counselors
Oregon
-$10K -100 Closed
PFO
266
Pathstone Family Office
New Jersey
-$3K -32 Closed
VCM
267
Versant Capital Management
Arizona
-$1K -12 Closed
CAGAS
268
Capital Advisory Group Advisory Services
Minnesota
-$1K -10 Closed
WWM
269
Willingdon Wealth Management
North Carolina
-$1K -8 Closed
FGAM
270
Financial Gravity Asset Management
Texas
-$1K -7 Closed

SHAK Hedge Fund Activity: Q4 2019 in Review

212 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2019, worth a combined $1.8B — down 41% from $3.05B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of SHAK and 37 opened new positions — a net loss of 22 holders — while 58 trimmed existing stakes and 80 added.

The largest buyer was Eminence Capital, opening a new position worth an estimated $78.3M. The largest seller was Renaissance Technologies, cutting an estimated $88.7M.

  • 212 institutional investors held Shake Shack (SHAK) as of Q4 2019, down from 241 in Q3 2019.
  • Funds reported $1.8B of Shake Shack stock for Q4 2019, down 41% quarter-over-quarter.
  • 37 funds opened new Shake Shack positions in Q4 2019 and 59 closed out, a net change of -22 holders.
  • The largest Shake Shack buyer in Q4 2019 was Eminence Capital, an estimated $78.3M added.
  • The largest Shake Shack seller in Q4 2019 was Renaissance Technologies, an estimated $88.7M sold.

Based on aggregated 13F filings for Q4 2019.