Shake Shack
SHAK
368 hedge funds and large institutions have $3.64B invested in Shake Shack in 2025 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 134 increasing their positions, 115 reducing their positions, and 66 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 115
3.9% more ownership
Funds ownership: 99.09% → 102.98% (+3.9%)
2% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 66
1% less funds holding
Funds holding: 371 → 368 (-3)
26% less call options, than puts
Call options by funds: $87.2M | Put options by funds: $117M
29% less capital invested
Capital invested by funds: $5.15B → $3.64B (-$1.51B)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$150M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$111M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$50.8M |
| 4 |
Squarepoint
New York
|
+$41.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$70.4M |
| 2 |
Holocene Advisors
New York
|
-$48.7M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$48.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$46.4M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$32.5M |
SHAK Hedge Fund Activity: Q1 2025 in Review
368 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2025, worth a combined $3.64B — down 29% from $5.15B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new SHAK positions and 66 closed out — a net gain of 1 holder — while 134 added to existing stakes and 115 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $150M. The largest seller was Balyasny Asset Management, cutting an estimated $70.4M.
- 368 institutional investors held Shake Shack (SHAK) as of Q1 2025, down from 371 in Q4 2024.
- Funds reported $3.64B of Shake Shack stock for Q1 2025, down 29% quarter-over-quarter.
- 67 funds opened new Shake Shack positions in Q1 2025 and 66 closed out, a net change of +1 holder.
- The largest Shake Shack buyer in Q1 2025 was Wellington Management Group, an estimated $150M added.
- The largest Shake Shack seller in Q1 2025 was Balyasny Asset Management, an estimated $70.4M sold.
Based on aggregated 13F filings for Q1 2025.