Shake Shack
SHAK
114 hedge funds and large institutions have $664M invested in Shake Shack in 2015 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 39 increasing their positions, 17 reducing their positions, and 18 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 17
111% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 18
20% more funds holding
Funds holding: 95 → 114 (+19)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less call options, than puts
Call options by funds: $26.9M | Put options by funds: $28.9M
6.25% less ownership
Funds ownership: 98.37% → 92.12% (-6.3%)
7% less capital invested
Capital invested by funds: $714M → $664M (-$50.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$53.8M |
| 2 |
Jennison Associates
New York
|
+$46.6M |
| 3 |
ZBI
Ziff Brothers Investments
New York
|
+$17.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.1M |
| 5 |
FAM
Fred Alger Management
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$67.6M |
| 2 |
PP
PDT Partners
New York
|
-$10.1M |
| 3 |
Two Sigma Investments
New York
|
-$4.4M |
| 4 |
Morgan Stanley
New York
|
-$3.83M |
| 5 |
Millennium Management
New York
|
-$3.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWS
126
Glassman Wealth Services
Vienna,
Virginia
| – | -$8K | -140 | Closed |
|
|
RPG
127
Risk Paradigm Group
Austin,
Texas
| – | -$6.03K | -100 | Closed |
|
128
Invesco
Atlanta,
Georgia
| – | -$6K | -99 | Closed |
|
SHAK Hedge Fund Activity: Q3 2015 in Review
114 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q3 2015, worth a combined $664M — down 7.1% from $714M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SHAK positions and 18 closed out — a net gain of 20 holders — while 39 added to existing stakes and 17 trimmed.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $53.8M. The largest seller was Leonard Green & Partners, cutting an estimated $67.6M.
- 114 institutional investors held Shake Shack (SHAK) as of Q3 2015, up from 95 in Q2 2015.
- Funds reported $664M of Shake Shack stock for Q3 2015, down 7.1% quarter-over-quarter.
- 38 funds opened new Shake Shack positions in Q3 2015 and 18 closed out, a net change of +20 holders.
- The largest Shake Shack buyer in Q3 2015 was Gilder Gagnon Howe & Co, an estimated $53.8M added.
- The largest Shake Shack seller in Q3 2015 was Leonard Green & Partners, an estimated $67.6M sold.
Based on aggregated 13F filings for Q3 2015.