Shake Shack
SHAK
285 hedge funds and large institutions have $2.73B invested in Shake Shack in 2023 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 88 increasing their positions, 102 reducing their positions, and 47 closing their positions.
32% more capital invested
Capital invested by funds: $2.07B → $2.73B (+$659M)
3.87% more ownership
Funds ownership: 89.55% → 93.41% (+3.9%)
9% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 47
3% less funds holding
Funds holding: 294 → 285 (-9)
14% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 102
25% less call options, than puts
Call options by funds: $87.5M | Put options by funds: $117M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$32.2M |
| 2 |
Morgan Stanley
New York
|
+$30.9M |
| 3 |
BlackRock
New York
|
+$29.7M |
| 4 |
Man Group
London,
United Kingdom
|
+$25.7M |
| 5 |
Holocene Advisors
New York
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$54.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$27.8M |
| 3 |
D.E. Shaw & Co
New York
|
-$22.6M |
| 4 |
Renaissance Technologies
New York
|
-$15.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$10.7M |
SHAK Hedge Fund Activity: Q4 2023 in Review
285 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2023, worth a combined $2.73B — up 32% from $2.07B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of SHAK and 43 opened new positions — a net loss of 4 holders — while 102 trimmed existing stakes and 88 added.
The largest buyer was Citadel Advisors, adding an estimated $32.2M. The largest seller was Marshall Wace, cutting an estimated $54.2M.
- 285 institutional investors held Shake Shack (SHAK) as of Q4 2023, down from 294 in Q3 2023.
- Funds reported $2.73B of Shake Shack stock for Q4 2023, up 32% quarter-over-quarter.
- 43 funds opened new Shake Shack positions in Q4 2023 and 47 closed out, a net change of -4 holders.
- The largest Shake Shack buyer in Q4 2023 was Citadel Advisors, an estimated $32.2M added.
- The largest Shake Shack seller in Q4 2023 was Marshall Wace, an estimated $54.2M sold.
Based on aggregated 13F filings for Q4 2023.