Shake Shack
SHAK
251 hedge funds and large institutions have $2.41B invested in Shake Shack in 2020 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 77 increasing their positions, 71 reducing their positions, and 39 closing their positions.
31% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 39
18% more capital invested
Capital invested by funds: $2.04B → $2.41B (+$372M)
4% more funds holding
Funds holding: 241 → 251 (+10)
8% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 71
2.99% less ownership
Funds ownership: 100.83% → 97.84% (-3%)
17% less call options, than puts
Call options by funds: $142M | Put options by funds: $172M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$89.9M |
| 2 |
Select Equity Group
New York
|
+$75.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$23.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$13.6M |
| 5 |
CCI
Columbus Circle Investors
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$65.4M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$37.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$32M |
| 4 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
-$30M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.6M |
SHAK Hedge Fund Activity: Q3 2020 in Review
251 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q3 2020, worth a combined $2.41B — up 18% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SHAK positions and 39 closed out — a net gain of 12 holders — while 77 added to existing stakes and 71 trimmed.
The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $89.9M. The largest seller was Eminence Capital, cutting an estimated $65.4M.
- 251 institutional investors held Shake Shack (SHAK) as of Q3 2020, up from 241 in Q2 2020.
- Funds reported $2.41B of Shake Shack stock for Q3 2020, up 18% quarter-over-quarter.
- 51 funds opened new Shake Shack positions in Q3 2020 and 39 closed out, a net change of +12 holders.
- The largest Shake Shack buyer in Q3 2020 was Amundi Asset Management US, an estimated $89.9M added.
- The largest Shake Shack seller in Q3 2020 was Eminence Capital, an estimated $65.4M sold.
Based on aggregated 13F filings for Q3 2020.