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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
Teacher Retirement System of Texas
176
Teacher Retirement System of Texas
Texas
$416K +$79.2K +692 +23%
BFM
177
Boothbay Fund Management
New York
$402K +$408K +3,562 New
PAG
178
Private Advisor Group
New Jersey
$399K -$68.2K -596 -14%
Rockefeller Capital Management
179
Rockefeller Capital Management
New York
$394K -$28.6K -250 -7%
BCM
180
BlueCrest Capital Management
Jersey
$383K +$389K +3,399 New
Bessemer Group
181
Bessemer Group
New Jersey
$382K -$45K -393 -10%
MAM
182
Meeder Asset Management
Ohio
$369K +$374K +3,272 New
SDAM
183
Shulman DeMeo Asset Management
New York
$345K
EGM
184
Engineers Gate Manager
New York
$338K +$343K +2,996 New
Baird Financial Group
185
Baird Financial Group
Wisconsin
$335K +$8.35K +73 +3%
AIP
186
Ameritas Investment Partners
Nebraska
$322K -$9.73K -85 -3%
TC
187
Truvestments Capital
Florida
$319K +$48.6K +425 +18%
Janney Montgomery Scott
188
Janney Montgomery Scott
Pennsylvania
$308K -$133K -1,165 -30%
ED
189
Exane Derivatives
France
$296K -$26.4K -231 -8%
SO
190
STRS Ohio
Ohio
$293K +$126K +1,100 +73%
Victory Capital Management
191
Victory Capital Management
Texas
$292K -$5.38K -47 -2%
BFS
192
Bradley Foster & Sargent
Connecticut
$288K
II
193
Inspire Investing
Idaho
$281K -$69.1K -604 -19%
VF
194
Virtu Financial
New York
$279K -$102K -890 -26%
CIM
195
CIM Investment Management
Pennsylvania
$278K -$166K -1,452 -37%
SCM
196
Shelton Capital Management
Colorado
$267K +$271K +2,372 New
PAMU
197
Pictet Asset Management (UK)
United Kingdom
$259K -$114K -1,000 -30%
CG
198
Colony Group
Massachusetts
$255K +$259K +2,263 New
CCM
199
Cinctive Capital Management
New York
$250K +$254K +2,217 New
TW
200
TrinityPoint Wealth
Connecticut
$238K +$242K +2,112 New

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.