Shake Shack
SHAK
354 hedge funds and large institutions have $3.89B invested in Shake Shack in 2025 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 137 increasing their positions, 123 reducing their positions, and 73 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 123
3.23% less ownership
Funds ownership: 106.37% → 103.15% (-3.2%)
8% less funds holding
Funds holding: 385 → 354 (-31)
18% less call options, than puts
Call options by funds: $147M | Put options by funds: $179M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
35% less capital invested
Capital invested by funds: $6.01B → $3.89B (-$2.13B)
37% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$91.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$73.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$49.9M |
| 4 |
JP Morgan Chase
New York
|
+$44.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$135M |
| 2 |
Holocene Advisors
New York
|
-$115M |
| 3 |
JCM
Junto Capital Management
New York
|
-$86.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$84.8M |
| 5 |
MGCM
Mane Global Capital Management
New York
|
-$80.2M |
SHAK Hedge Fund Activity: Q3 2025 in Review
354 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q3 2025, worth a combined $3.89B — down 35% from $6.01B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of SHAK and 46 opened new positions — a net loss of 27 holders — while 123 trimmed existing stakes and 137 added.
The largest buyer was Bank of America, adding an estimated $91.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $135M.
- 354 institutional investors held Shake Shack (SHAK) as of Q3 2025, down from 385 in Q2 2025.
- Funds reported $3.89B of Shake Shack stock for Q3 2025, down 35% quarter-over-quarter.
- 46 funds opened new Shake Shack positions in Q3 2025 and 73 closed out, a net change of -27 holders.
- The largest Shake Shack buyer in Q3 2025 was Bank of America, an estimated $91.7M added.
- The largest Shake Shack seller in Q3 2025 was D.E. Shaw & Co, an estimated $135M sold.
Based on aggregated 13F filings for Q3 2025.