Shake Shack
SHAK
385 hedge funds and large institutions have $6.01B invested in Shake Shack in 2025 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 147 increasing their positions, 116 reducing their positions, and 66 closing their positions.
65% more capital invested
Capital invested by funds: $3.64B → $6.01B (+$2.37B)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
30% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 66
27% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 116
5% more funds holding
Funds holding: 368 → 385 (+17)
3.39% more ownership
Funds ownership: 102.98% → 106.37% (+3.4%)
28% less call options, than puts
Call options by funds: $218M | Put options by funds: $302M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$135M |
| 2 |
Holocene Advisors
New York
|
+$89.4M |
| 3 |
JCM
Junto Capital Management
New York
|
+$66.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$54M |
| 5 |
Morgan Stanley
New York
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$72.9M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$51.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$35.3M |
| 4 |
Renaissance Technologies
New York
|
-$35M |
| 5 |
AC
Armistice Capital
New York
|
-$25.1M |
SHAK Hedge Fund Activity: Q2 2025 in Review
385 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2025, worth a combined $6.01B — up 65% from $3.64B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new SHAK positions and 66 closed out — a net gain of 20 holders — while 147 added to existing stakes and 116 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $135M. The largest seller was Wellington Management Group, cutting an estimated $72.9M.
- 385 institutional investors held Shake Shack (SHAK) as of Q2 2025, up from 368 in Q1 2025.
- Funds reported $6.01B of Shake Shack stock for Q2 2025, up 65% quarter-over-quarter.
- 86 funds opened new Shake Shack positions in Q2 2025 and 66 closed out, a net change of +20 holders.
- The largest Shake Shack buyer in Q2 2025 was D.E. Shaw & Co, an estimated $135M added.
- The largest Shake Shack seller in Q2 2025 was Wellington Management Group, an estimated $72.9M sold.
Based on aggregated 13F filings for Q2 2025.