Shake Shack
SHAK
204 hedge funds and large institutions have $1.27B invested in Shake Shack in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 72 increasing their positions, 54 reducing their positions, and 48 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 54
8.43% more ownership
Funds ownership: 89.45% → 97.88% (+8.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 212 → 204 (-8)
13% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 48
20% less call options, than puts
Call options by funds: $78.3M | Put options by funds: $97.4M
29% less capital invested
Capital invested by funds: $1.8B → $1.27B (-$527M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$171M |
| 2 |
EC
Eminence Capital
New York
|
+$89M |
| 3 |
Goldman Sachs
New York
|
+$39.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$39.4M |
| 5 |
DCP
Darsana Capital Partners
New York
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$66.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$53.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$33.1M |
| 4 |
Renaissance Technologies
New York
|
-$29.6M |
| 5 |
Morgan Stanley
New York
|
-$24.5M |
SHAK Hedge Fund Activity: Q1 2020 in Review
204 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2020, worth a combined $1.27B — down 29% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of SHAK and 42 opened new positions — a net loss of 6 holders — while 54 trimmed existing stakes and 72 added.
The largest buyer was Select Equity Group, opening a new position worth an estimated $171M. The largest seller was Leonard Green & Partners, exiting entirely with an estimated $66.4M sold.
- 204 institutional investors held Shake Shack (SHAK) as of Q1 2020, down from 212 in Q4 2019.
- Funds reported $1.27B of Shake Shack stock for Q1 2020, down 29% quarter-over-quarter.
- 42 funds opened new Shake Shack positions in Q1 2020 and 48 closed out, a net change of -6 holders.
- The largest Shake Shack buyer in Q1 2020 was Select Equity Group, an estimated $171M added.
- The largest Shake Shack seller in Q1 2020 was Leonard Green & Partners, an estimated $66.4M sold.
Based on aggregated 13F filings for Q1 2020.