Shake Shack
SHAK
278 hedge funds and large institutions have $3.16B invested in Shake Shack in 2020 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 80 increasing their positions, 86 reducing their positions, and 31 closing their positions.
90% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 31
31% more capital invested
Capital invested by funds: $2.41B → $3.16B (+$748M)
11% more funds holding
Funds holding: 251 → 278 (+27)
0.63% less ownership
Funds ownership: 97.84% → 97.21% (-0.63%)
6% less call options, than puts
Call options by funds: $167M | Put options by funds: $178M
7% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 86
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$38.8M |
| 2 |
JP Morgan Chase
New York
|
+$10.5M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
+$10.4M |
| 4 |
Millennium Management
New York
|
+$9.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$33.4M |
| 2 |
EC
Eminence Capital
New York
|
-$24.6M |
| 3 |
Renaissance Technologies
New York
|
-$19M |
| 4 |
Select Equity Group
New York
|
-$18.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.1M |
SHAK Hedge Fund Activity: Q4 2020 in Review
278 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2020, worth a combined $3.16B — up 31% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new SHAK positions and 31 closed out — a net gain of 28 holders — while 80 added to existing stakes and 86 trimmed.
The largest buyer was BlackRock, adding an estimated $38.8M. The largest seller was Ameriprise, cutting an estimated $33.4M.
- 278 institutional investors held Shake Shack (SHAK) as of Q4 2020, up from 251 in Q3 2020.
- Funds reported $3.16B of Shake Shack stock for Q4 2020, up 31% quarter-over-quarter.
- 59 funds opened new Shake Shack positions in Q4 2020 and 31 closed out, a net change of +28 holders.
- The largest Shake Shack buyer in Q4 2020 was BlackRock, an estimated $38.8M added.
- The largest Shake Shack seller in Q4 2020 was Ameriprise, an estimated $33.4M sold.
Based on aggregated 13F filings for Q4 2020.