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Shake Shack

350 hedge funds and large institutions have $3.77B invested in Shake Shack in 2024 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 97 increasing their positions, 111 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

223% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 30

38% more capital invested

Capital invested by funds: $2.73B → $3.77B (+$1.04B)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

23% more funds holding

Funds holding: 285350 (+65)

1.48% less ownership

Funds ownership: 93.41%91.93% (-1.5%)

13% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 111

28% less call options, than puts

Call options by funds: $119M | Put options by funds: $164M

Holders
350
Holders Change
+65
Holders Change %
+22.81%
% of All Funds
5.04%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
97
Increased
97
Reduced
111
Closed
30
Calls
$119M
Puts
$164M
Net Calls
-$45.6M
Net Calls Change
-$16.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TF
326
Tompkins Financial
New York
$5.2K
LFA
327
LGT Financial Advisors
Texas
$5.1K
IA
328
IFS Advisors
Kansas
$3.64K
QL
329
Quarry LP
New York
$3.64K +$3.06K +35 New
RG
330
Retirement Group
California
$3.43K
VWM
331
Venturi Wealth Management
Texas
$3.12K
EC
332
Elequin Capital
New York
$3.12K +$1.66K +19 +173%
S
333
SignatureFD
Georgia
$2.81K +$1.23K +14 +108%
PFBT
334
Parkside Financial Bank & Trust
Missouri
$2.71K -$175 -2 -7%
FMII
335
Farmers & Merchants Investments Inc
Nebraska
$2.71K
SAM
336
Smartleaf Asset Management
Massachusetts
$2.5K +$2.1K +24 New
VCM
337
Versant Capital Management
Arizona
$2.5K
BIA
338
Bell Investment Advisors
California
$2.08K
CAL
339
Capital Advisors Ltd
Ohio
$2K
FFA
340
Farther Finance Advisors
California
$1.59K
BWP
341
Baldwin Wealth Partners
Massachusetts
$1.04K
CA
342
Clearstead Advisors
Ohio
$1.02K +$875 +10 New
VNA
343
Valley National Advisers
Pennsylvania
$1K
IFAM
344
Institutional & Family Asset Management
Colorado
$832 +$700 +8 New
IA
345
IFP Advisors
Florida
$624
ECM
346
Everence Capital Management
Indiana
$539
AWM
347
Abound Wealth Management
Tennessee
$521
AGWCA
348
Annis Gardner Whiting Capital Advisors
Florida
$521
JWA
349
JFS Wealth Advisors
Pennsylvania
$313
TFM
350
TFC Financial Management
Massachusetts
$105 +$88 +1 New

SHAK Hedge Fund Activity: Q1 2024 in Review

350 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2024, worth a combined $3.77B — up 38% from $2.73B a quarter earlier.

Buyers outnumbered sellers: 97 funds opened new SHAK positions and 30 closed out — a net gain of 67 holders — while 97 added to existing stakes and 111 trimmed.

The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $59.2M. The largest seller was Engaged Capital, cutting an estimated $51.9M.

  • 350 institutional investors held Shake Shack (SHAK) as of Q1 2024, up from 285 in Q4 2023.
  • Funds reported $3.77B of Shake Shack stock for Q1 2024, up 38% quarter-over-quarter.
  • 97 funds opened new Shake Shack positions in Q1 2024 and 30 closed out, a net change of +67 holders.
  • The largest Shake Shack buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $59.2M added.
  • The largest Shake Shack seller in Q1 2024 was Engaged Capital, an estimated $51.9M sold.

Based on aggregated 13F filings for Q1 2024.