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Shake Shack

212 hedge funds and large institutions have $1.8B invested in Shake Shack in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 58 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 58

9% less call options, than puts

Call options by funds: $125M | Put options by funds: $137M

12% less funds holding

Funds holding: 241212 (-29)

12.6% less ownership

Funds ownership: 102.04%89.45% (-13%)

37% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 59

41% less capital invested

Capital invested by funds: $3.05B → $1.8B (-$1.25B)

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
212
Holders Change
-29
Holders Change %
-12.03%
% of All Funds
4.18%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.04%
New
37
Increased
80
Reduced
58
Closed
59
Calls
$125M
Puts
$137M
Net Calls
-$12.1M
Net Calls Change
-$36.9M
Name Holding Trade Value Shares
Change
Change in
Stake
HGWM
201
Harvest Group Wealth Management
Massachusetts
$1K
PFBT
202
Parkside Financial Bank & Trust
Missouri
$1K
RCC
203
Red Cedar Capital
Nebraska
$1K
TL
204
TrueWealth LLC
Georgia
$1K
WAP
205
Wealthcare Advisory Partners
Pennsylvania
$1K
CAW
206
Cornerstone Advisors (Washington)
Washington
$1K +$431 +6 +75%
S
207
SignatureFD
Georgia
$1K +$575 +8 +200%
AA
208
Argent Advisors
Louisiana
$1K +$1.8K +25 New
Chevy Chase Trust
209
Chevy Chase Trust
Maryland
$1K +$1.8K +25 New
LFA
210
Lighthouse Financial Advisors
Maryland
$1K +$1.87K +26 New
WQ
211
Wealth Quarterback
New Jersey
$596 +$719 +10 New
1832 Asset Management
212
1832 Asset Management
Ontario, Canada
-$63.2M -676,000 Closed
Point72 Asset Management
213
Point72 Asset Management
Connecticut
-$16.1M -164,132 Closed
BNP Paribas Asset Management
214
BNP Paribas Asset Management
France
-$11.4M -116,582 Closed
ZDA
215
Zweig-DiMenna Associates
New York
-$9.73M -99,299 Closed
QC
216
Quadrature Capital
United Kingdom
-$7.73M -78,879 Closed
EGM
217
Engineers Gate Manager
New York
-$7.58M -77,286 Closed
OAM
218
Oxford Asset Management
United Kingdom
-$2.42M -24,719 Closed
LCG
219
Lisanti Capital Growth
New York
-$2.37M -24,125 Closed
DCM
220
Driehaus Capital Management
Illinois
-$2.2M -22,450 Closed
Federated Hermes
221
Federated Hermes
Pennsylvania
-$2.18M -22,191 Closed
ARTA
222
A.R.T. Advisors
New York
-$2.16M -22,000 Closed
TI
223
Trexquant Investment
Connecticut
-$2.12M -21,595 Closed
EI
224
EAM Investors
California
-$1.96M -20,031 Closed
BAMF
225
BI Asset Management Fondsmaeglerselskab
Denmark
-$1.53M -15,562 Closed

SHAK Hedge Fund Activity: Q4 2019 in Review

212 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2019, worth a combined $1.8B — down 41% from $3.05B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of SHAK and 37 opened new positions — a net loss of 22 holders — while 58 trimmed existing stakes and 80 added.

The largest buyer was Eminence Capital, opening a new position worth an estimated $78.3M. The largest seller was Renaissance Technologies, cutting an estimated $88.7M.

  • 212 institutional investors held Shake Shack (SHAK) as of Q4 2019, down from 241 in Q3 2019.
  • Funds reported $1.8B of Shake Shack stock for Q4 2019, down 41% quarter-over-quarter.
  • 37 funds opened new Shake Shack positions in Q4 2019 and 59 closed out, a net change of -22 holders.
  • The largest Shake Shack buyer in Q4 2019 was Eminence Capital, an estimated $78.3M added.
  • The largest Shake Shack seller in Q4 2019 was Renaissance Technologies, an estimated $88.7M sold.

Based on aggregated 13F filings for Q4 2019.