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Shake Shack

212 hedge funds and large institutions have $1.8B invested in Shake Shack in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 58 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 58

9% less call options, than puts

Call options by funds: $125M | Put options by funds: $137M

12% less funds holding

Funds holding: 241212 (-29)

12.6% less ownership

Funds ownership: 102.04%89.45% (-13%)

37% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 59

41% less capital invested

Capital invested by funds: $3.05B → $1.8B (-$1.25B)

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
212
Holders Change
-29
Holders Change %
-12.03%
% of All Funds
4.18%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.04%
New
37
Increased
80
Reduced
58
Closed
59
Calls
$125M
Puts
$137M
Net Calls
-$12.1M
Net Calls Change
-$36.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Man Group
51
Man Group
United Kingdom
$3.35M +$3.51M +48,908 +666%
Swiss National Bank
52
Swiss National Bank
Switzerland
$3.31M +$180K +2,500 +5%
WG
53
Winton Group
United Kingdom
$2.98M +$1.58M +21,930 +78%
Prudential Financial
54
Prudential Financial
New Jersey
$2.91M +$52K +723 +2%
KAM
55
Karani Asset Management
New York
$2.87M +$3.46M +48,200 New
AllianceBernstein
56
AllianceBernstein
Tennessee
$2.78M +$18K +250 +0.5%
QT
57
Quantbot Technologies
New York
$2.78M +$3.36M +46,720 New
BCC
58
Bridge City Capital
Oregon
$2.74M
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$2.64M -$64.3K -895 -2%
FAM
60
Fred Alger Management
New York
$2.28M -$13.3M -185,275 -83%
PPA
61
Parametric Portfolio Associates
Washington
$2.26M -$1.63M -22,655 -37%
New York State Teachers Retirement System (NYSTRS)
62
New York State Teachers Retirement System (NYSTRS)
New York
$2.25M -$14.1K -196 -0.5%
Canada Life
63
Canada Life
Manitoba, Canada
$2.2M +$2.67M +37,221 New
State of New Jersey Common Pension Fund D
64
State of New Jersey Common Pension Fund D
New Jersey
$2.12M +$369K +5,134 +17%
Deutsche Bank
65
Deutsche Bank
Germany
$2.04M -$46.6M -647,779 -95%
First Trust Advisors
66
First Trust Advisors
Illinois
$2.02M -$1.3M -18,080 -35%
CS
67
Credit Suisse
Switzerland
$1.84M +$856K +11,913 +63%
Group One Trading
68
Group One Trading
Illinois
$1.8M +$1.49M +20,687 +217%
MG
69
Markel Group
Virginia
$1.8M +$14.4K +200 +0.7%
Ensign Peak Advisors
70
Ensign Peak Advisors
Utah
$1.78M +$2.14M +29,835 New
Comerica Bank
71
Comerica Bank
Texas
$1.69M +$24.9K +347 +1%
AIM
72
Aigen Investment Management
New York
$1.68M +$2.03M +28,222 New
BNP Paribas Financial Markets
73
BNP Paribas Financial Markets
France
$1.56M +$1.51M +21,019 +412%
New York State Common Retirement Fund
74
New York State Common Retirement Fund
New York
$1.55M -$287K -4,000 -13%
Thrivent Financial for Lutherans
75
Thrivent Financial for Lutherans
Minnesota
$1.47M +$30.3K +421 +2%

SHAK Hedge Fund Activity: Q4 2019 in Review

212 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2019, worth a combined $1.8B — down 41% from $3.05B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of SHAK and 37 opened new positions — a net loss of 22 holders — while 58 trimmed existing stakes and 80 added.

The largest buyer was Eminence Capital, opening a new position worth an estimated $78.3M. The largest seller was Renaissance Technologies, cutting an estimated $88.7M.

  • 212 institutional investors held Shake Shack (SHAK) as of Q4 2019, down from 241 in Q3 2019.
  • Funds reported $1.8B of Shake Shack stock for Q4 2019, down 41% quarter-over-quarter.
  • 37 funds opened new Shake Shack positions in Q4 2019 and 59 closed out, a net change of -22 holders.
  • The largest Shake Shack buyer in Q4 2019 was Eminence Capital, an estimated $78.3M added.
  • The largest Shake Shack seller in Q4 2019 was Renaissance Technologies, an estimated $88.7M sold.

Based on aggregated 13F filings for Q4 2019.