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Shake Shack

276 hedge funds and large institutions have $4.02B invested in Shake Shack in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 88 increasing their positions, 101 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

27% more capital invested

Capital invested by funds: $3.16B → $4.02B (+$863M)

6% more call options, than puts

Call options by funds: $152M | Put options by funds: $144M

4% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 45

1% less funds holding

Funds holding: 278276 (-2)

5.76% less ownership

Funds ownership: 97.21%91.45% (-5.8%)

13% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 101

Holders
276
Holders Change
-2
Holders Change %
-0.72%
% of All Funds
4.85%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.11%
New
47
Increased
88
Reduced
101
Closed
45
Calls
$152M
Puts
$144M
Net Calls
+$8.3M
Net Calls Change
+$19.8M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
51
D.E. Shaw & Co
New York
$6.58M +$6.68M +58,389 New
AllianceBernstein
52
AllianceBernstein
Tennessee
$6.57M +$116K +1,013 +2%
Bank of America
53
Bank of America
North Carolina
$6.53M +$3.92M +34,256 +145%
Voloridge Investment Management
54
Voloridge Investment Management
Florida
$6.32M +$6.41M +56,032 New
SEI Investments
55
SEI Investments
Pennsylvania
$6.25M +$1.71M +14,900 +37%
Jane Street
56
Jane Street
New York
$6.17M +$3.95M +34,530 +171%
Wells Fargo
57
Wells Fargo
California
$6.16M -$2.91M -25,446 -32%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$5.97M -$24.9K -218 -0.4%
Marshall Wace
59
Marshall Wace
United Kingdom
$5.94M +$2.65M +23,200 +79%
BAM
60
Bullseye Asset Management
Colorado
$5.82M -$572K -5,000 -9%
NCGI
61
Next Century Growth Investors
Minnesota
$5.78M -$1.41M -12,284 -19%
Barclays
62
Barclays
United Kingdom
$5.6M -$5.18M -45,274 -48%
LC
63
Longitude (Cayman)
Cayman Islands
$5.08M -$1.72M -15,000 -25%
Prudential Financial
64
Prudential Financial
New Jersey
$4.71M +$83.5K +730 +2%
Bank of Montreal
65
Bank of Montreal
Ontario, Canada
$4.64M +$2.08M +18,206 +81%
New York State Common Retirement Fund
66
New York State Common Retirement Fund
New York
$4.41M -$195K -1,705 -4%
Ensign Peak Advisors
67
Ensign Peak Advisors
Utah
$4.23M -$3.2M -28,000 -43%
New York State Teachers Retirement System (NYSTRS)
68
New York State Teachers Retirement System (NYSTRS)
New York
$4.12M -$160K -1,396 -4%
PP
69
PDT Partners
New York
$4.11M -$3.52M -30,796 -46%
UBS AM
70
UBS AM
Illinois
$4.04M +$28.2K +246 +0.7%
FAM
71
Formidable Asset Management
Ohio
$3.92M -$161K -1,410 -4%
Two Sigma Advisers
72
Two Sigma Advisers
New York
$3.86M +$3.91M +34,200 New
BCC
73
Bridge City Capital
Oregon
$3.75M -$929K -8,116 -20%
MAM
74
Madison Asset Management
Wisconsin
$3.68M -$134K -1,173 -3%
NG
75
NWK Group
California
$3.62M -$26K -227 -0.7%

SHAK Hedge Fund Activity: Q1 2021 in Review

276 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2021, worth a combined $4.02B — up 27% from $3.16B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new SHAK positions and 45 closed out — a net gain of 2 holders — while 88 added to existing stakes and 101 trimmed.

The largest buyer was Fred Alger Management, adding an estimated $121M. The largest seller was Select Equity Group, cutting an estimated $151M.

  • 276 institutional investors held Shake Shack (SHAK) as of Q1 2021, down from 278 in Q4 2020.
  • Funds reported $4.02B of Shake Shack stock for Q1 2021, up 27% quarter-over-quarter.
  • 47 funds opened new Shake Shack positions in Q1 2021 and 45 closed out, a net change of +2 holders.
  • The largest Shake Shack buyer in Q1 2021 was Fred Alger Management, an estimated $121M added.
  • The largest Shake Shack seller in Q1 2021 was Select Equity Group, an estimated $151M sold.

Based on aggregated 13F filings for Q1 2021.