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Shake Shack

286 hedge funds and large institutions have $2.74B invested in Shake Shack in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 73 increasing their positions, 94 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 36

39% more capital invested

Capital invested by funds: $1.98B → $2.74B (+$761M)

10% more funds holding

Funds holding: 260286 (+26)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.1% less ownership

Funds ownership: 89.48%89.38% (-0.1%)

22% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 94

32% less call options, than puts

Call options by funds: $90.1M | Put options by funds: $133M

Holders
286
Holders Change
+26
Holders Change %
+10%
% of All Funds
4.49%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
63
Increased
73
Reduced
94
Closed
36
Calls
$90.1M
Puts
$133M
Net Calls
-$42.5M
Net Calls Change
-$14.6M
Name Holding Trade Value Shares
Change
Change in
Stake
SBH
51
Segall Bryant & Hamill
Illinois
$5.74M +$21.5K +335 +0.5%
BA
52
Bridgewater Associates
Connecticut
$5.69M -$279K -4,341 -6%
CS
53
Credit Suisse
Switzerland
$5.55M -$1.44M -22,343 -24%
Public Sector Pension Investment Board (PSP Investments)
54
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.16M +$52.5K +817 +1%
LSA
55
L & S Advisors
California
$5.15M +$4.26M +66,313 New
ACM
56
Aquatic Capital Management
Illinois
$5.12M +$1.63M +25,300 +62%
Macquarie Group
57
Macquarie Group
Australia
$4.94M +$4.08M +63,565 New
MAM
58
Madison Asset Management
Wisconsin
$4.86M -$1.89M -29,481 -32%
WMSA
59
Weiss Multi-Strategy Advisers
New York
$4.64M +$3.84M +59,758 New
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$4.57M +$131K +2,041 +4%
PAM
61
Panagora Asset Management
Massachusetts
$4.56M +$3.77M +58,721 New
HIM
62
Hillsdale Investment Management
Ontario, Canada
$4.43M +$3.66M +56,940 New
Wells Fargo
63
Wells Fargo
California
$4.32M +$107K +1,664 +3%
JP Morgan Chase
64
JP Morgan Chase
New York
$4.12M +$334K +5,197 +11%
EGI
65
EAM Global Investors
California
$4.05M +$3.35M +52,153 New
BAM
66
Bullseye Asset Management
Colorado
$3.94M
Bank of America
67
Bank of America
North Carolina
$3.92M -$1.06M -16,558 -25%
First Trust Advisors
68
First Trust Advisors
Illinois
$3.77M +$3.12M +48,525 New
RJFSA
69
Raymond James Financial Services Advisors
Florida
$3.72M -$310K -4,819 -9%
AllianceBernstein
70
AllianceBernstein
Tennessee
$3.63M
CSS
71
Cubist Systematic Strategies
Connecticut
$3.62M -$2.27M -35,262 -43%
Prudential Financial
72
Prudential Financial
New Jersey
$3.57M +$627K +9,761 +27%
California State Teachers Retirement System (CalSTRS)
73
California State Teachers Retirement System (CalSTRS)
California
$3.53M -$83.3K -1,297 -3%
Barclays
74
Barclays
United Kingdom
$3.53M -$16.4M -255,538 -85%
SFI
75
Susquehanna Fundamental Investments
Pennsylvania
$3.52M

SHAK Hedge Fund Activity: Q2 2023 in Review

286 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2023, worth a combined $2.74B — up 39% from $1.98B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new SHAK positions and 36 closed out — a net gain of 27 holders — while 73 added to existing stakes and 94 trimmed.

The largest buyer was Invesco, adding an estimated $59.5M. The largest seller was Marshall Wace, cutting an estimated $35.5M.

  • 286 institutional investors held Shake Shack (SHAK) as of Q2 2023, up from 260 in Q1 2023.
  • Funds reported $2.74B of Shake Shack stock for Q2 2023, up 39% quarter-over-quarter.
  • 63 funds opened new Shake Shack positions in Q2 2023 and 36 closed out, a net change of +27 holders.
  • The largest Shake Shack buyer in Q2 2023 was Invesco, an estimated $59.5M added.
  • The largest Shake Shack seller in Q2 2023 was Marshall Wace, an estimated $35.5M sold.

Based on aggregated 13F filings for Q2 2023.