Shake Shack
SHAK
276 hedge funds and large institutions have $4.02B invested in Shake Shack in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 88 increasing their positions, 101 reducing their positions, and 45 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
27% more capital invested
Capital invested by funds: $3.16B → $4.02B (+$863M)
6% more call options, than puts
Call options by funds: $152M | Put options by funds: $144M
4% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 45
1% less funds holding
Funds holding: 278 → 276 (-2)
5.76% less ownership
Funds ownership: 97.21% → 91.45% (-5.8%)
13% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$121M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$61.5M |
| 3 |
Two Sigma Investments
New York
|
+$26.9M |
| 4 |
Renaissance Technologies
New York
|
+$25.5M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$151M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$85M |
| 3 |
1WCM
12 West Capital Management
New York
|
-$63.7M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$42.1M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$31.7M |
SHAK Hedge Fund Activity: Q1 2021 in Review
276 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2021, worth a combined $4.02B — up 27% from $3.16B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SHAK positions and 45 closed out — a net gain of 2 holders — while 88 added to existing stakes and 101 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $121M. The largest seller was Select Equity Group, cutting an estimated $151M.
- 276 institutional investors held Shake Shack (SHAK) as of Q1 2021, down from 278 in Q4 2020.
- Funds reported $4.02B of Shake Shack stock for Q1 2021, up 27% quarter-over-quarter.
- 47 funds opened new Shake Shack positions in Q1 2021 and 45 closed out, a net change of +2 holders.
- The largest Shake Shack buyer in Q1 2021 was Fred Alger Management, an estimated $121M added.
- The largest Shake Shack seller in Q1 2021 was Select Equity Group, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2021.