Shake Shack
SHAK
128 hedge funds and large institutions have $815M invested in Shake Shack in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 22 reducing their positions, and 28 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 22
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more capital invested
Capital invested by funds: $678M → $815M (+$138M)
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
3% more call options, than puts
Call options by funds: $32.9M | Put options by funds: $31.9M
1% more funds holding
Funds holding: 127 → 128 (+1)
19.31% less ownership
Funds ownership: 119.57% → 100.26% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$43.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$26.7M |
| 3 |
FAM
Fred Alger Management
New York
|
+$26.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.9M |
| 5 |
EC
EMS Capital
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$44M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$12.2M |
| 3 |
Select Equity Group
New York
|
-$11.7M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$3.89M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.9M |
SHAK Hedge Fund Activity: Q2 2016 in Review
128 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2016, worth a combined $815M — up 20% from $678M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SHAK positions and 28 closed out — a net gain of 3 holders — while 50 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $43.4M. The largest seller was Leonard Green & Partners, cutting an estimated $44M.
- 128 institutional investors held Shake Shack (SHAK) as of Q2 2016, up from 127 in Q1 2016.
- Funds reported $815M of Shake Shack stock for Q2 2016, up 20% quarter-over-quarter.
- 31 funds opened new Shake Shack positions in Q2 2016 and 28 closed out, a net change of +3 holders.
- The largest Shake Shack buyer in Q2 2016 was Morgan Stanley, an estimated $43.4M added.
- The largest Shake Shack seller in Q2 2016 was Leonard Green & Partners, an estimated $44M sold.
Based on aggregated 13F filings for Q2 2016.