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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
Comerica Bank
76
Comerica Bank
Texas
$3.55M -$26.8K -234 -0.7%
Canada Life
77
Canada Life
Manitoba, Canada
$3.52M -$457K -3,996 -11%
SBH
78
Segall Bryant & Hamill
Illinois
$3.47M -$7.42M -64,802 -68%
MC
79
Maverick Capital
Texas
$3.45M -$1.21M -10,593 -26%
MG
80
Markel Group
Virginia
$3.45M
First Trust Advisors
81
First Trust Advisors
Illinois
$3.45M +$2.01M +17,581 +135%
Walleye Trading
82
Walleye Trading
New York
$3.42M -$256K -2,241 -7%
Calamos Advisors
83
Calamos Advisors
Illinois
$3.4M +$3.45M +30,111 New
Thrivent Financial for Lutherans
84
Thrivent Financial for Lutherans
Minnesota
$3.36M +$34.9K +305 +1%
Group One Trading
85
Group One Trading
Illinois
$3.24M -$500K -4,369 -13%
COPPSERS
86
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$3.16M +$42.7K +373 +1%
TPSF
87
Texas Permanent School Fund
Texas
$3.06M -$173K -1,511 -5%
Capital Fund Management (CFM)
88
Capital Fund Management (CFM)
France
$2.91M +$2.95M +25,772 New
AGA
89
Accuvest Global Advisors
Utah
$2.86M +$2.9M +25,362 New
EI
90
EAM Investors
California
$2.84M +$2.88M +25,182 New
ER
91
EVR Research
Virginia
$2.82M -$1.72M -15,000 -38%
SOADOR
92
State of Alaska Department of Revenue
Alaska
$2.77M -$363K -3,170 -11%
RA
93
Rational Advisors
New York
$2.76M +$1.14M +10,000 +69%
VOYA Investment Management
94
VOYA Investment Management
Georgia
$2.59M +$17.9K +156 +0.7%
State of New Jersey Common Pension Fund D
95
State of New Jersey Common Pension Fund D
New Jersey
$2.5M -$942K -8,230 -27%
State of Tennessee, Department of Treasury
96
State of Tennessee, Department of Treasury
Tennessee
$2.37M +$947K +8,273 +65%
PAA
97
Peregrine Asset Advisers
Oregon
$2.23M +$2.26M +19,753 New
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.22M -$144K -1,258 -6%
Axa
99
Axa
France
$2.15M +$2.19M +19,100 New
NA
100
NewEdge Advisors
Louisiana
$2.14M +$294K +2,565 +16%

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.