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Shake Shack

286 hedge funds and large institutions have $2.74B invested in Shake Shack in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 73 increasing their positions, 94 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 36

39% more capital invested

Capital invested by funds: $1.98B → $2.74B (+$761M)

10% more funds holding

Funds holding: 260286 (+26)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.1% less ownership

Funds ownership: 89.48%89.38% (-0.1%)

22% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 94

32% less call options, than puts

Call options by funds: $90.1M | Put options by funds: $133M

Holders
286
Holders Change
+26
Holders Change %
+10%
% of All Funds
4.49%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
63
Increased
73
Reduced
94
Closed
36
Calls
$90.1M
Puts
$133M
Net Calls
-$42.5M
Net Calls Change
-$14.6M
Name Holding Trade Value Shares
Change
Change in
Stake
SRAM
176
Spouting Rock Asset Management
Pennsylvania
$419K -$246K -3,834 -42%
PNC Financial Services Group
177
PNC Financial Services Group
Pennsylvania
$417K -$15.8K -246 -4%
Public Employees Retirement Association of Colorado
178
Public Employees Retirement Association of Colorado
Colorado
$399K
VRS
179
Virginia Retirement Systems
Virginia
$396K +$328K +5,100 New
LFP
180
Leeward Financial Partners
Washington
$370K +$33.5K +521 +12%
AQR Capital Management
181
AQR Capital Management
Connecticut
$360K +$297K +4,627 New
ECM
182
Everence Capital Management
Indiana
$343K
CC
183
Centiva Capital
New York
$338K -$19.3K -300 -6%
RGI
184
River Global Investors
United Kingdom
$337K
Commonwealth Equity Services
185
Commonwealth Equity Services
Massachusetts
$335K +$14.4K +224 +5%
WPC
186
White Pine Capital
Minnesota
$331K +$3.15K +49 +1%
CCIA
187
Campbell & Co Investment Adviser
Maryland
$326K +$269K +4,192 New
II
188
Inspire Investing
Idaho
$315K -$53.5K -833 -17%
BP
189
BBR Partners
New York
$311K
PAMS
190
Pictet Asset Management (Switzerland)
Switzerland
$302K -$26.1K -406 -9%
N
191
Numerai
California
$295K +$244K +3,800 New
OPW
192
Oxler Private Wealth
New York
$281K -$12.4K -193 -5%
TC
193
Truvestments Capital
Florida
$281K +$771 +12 +0.3%
Teacher Retirement System of Texas
194
Teacher Retirement System of Texas
Texas
$280K -$35.5K -553 -13%
SG Americas Securities
195
SG Americas Securities
New York
$272K -$744K -11,574 -77%
Connor, Clark & Lunn Investment Management (CC&L)
196
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$264K +$218K +3,391 New
Cambridge Investment Research Advisors
197
Cambridge Investment Research Advisors
Iowa
$261K -$49.9K -777 -19%
CIM
198
Contravisory Investment Management
Massachusetts
$252K +$208K +3,241 New
CAM
199
Cresset Asset Management
Illinois
$246K +$203K +3,162 New
AIP
200
Ameritas Investment Partners
Nebraska
$243K +$10.4K +162 +5%

SHAK Hedge Fund Activity: Q2 2023 in Review

286 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2023, worth a combined $2.74B — up 39% from $1.98B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new SHAK positions and 36 closed out — a net gain of 27 holders — while 73 added to existing stakes and 94 trimmed.

The largest buyer was Invesco, adding an estimated $59.5M. The largest seller was Marshall Wace, cutting an estimated $35.5M.

  • 286 institutional investors held Shake Shack (SHAK) as of Q2 2023, up from 260 in Q1 2023.
  • Funds reported $2.74B of Shake Shack stock for Q2 2023, up 39% quarter-over-quarter.
  • 63 funds opened new Shake Shack positions in Q2 2023 and 36 closed out, a net change of +27 holders.
  • The largest Shake Shack buyer in Q2 2023 was Invesco, an estimated $59.5M added.
  • The largest Shake Shack seller in Q2 2023 was Marshall Wace, an estimated $35.5M sold.

Based on aggregated 13F filings for Q2 2023.