Shake Shack
SHAK
95 hedge funds and large institutions have $714M invested in Shake Shack in 2015 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 26 closing their positions.
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
17% more capital invested
Capital invested by funds: $613M → $714M (+$102M)
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
8% more funds holding
Funds holding: 88 → 95 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.5% less ownership
Funds ownership: 101.87% → 98.37% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$24.1M |
| 2 |
PP
PDT Partners
New York
|
+$13.4M |
| 3 |
Two Sigma Investments
New York
|
+$7.48M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.23M |
| 5 |
Millennium Management
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$38.2M |
| 2 |
ZBI
Ziff Brothers Investments
New York
|
-$22.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.77M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$5.39M |
| 5 |
Morgan Stanley
New York
|
-$4.83M |
SHAK Hedge Fund Activity: Q2 2015 in Review
95 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2015, worth a combined $714M — up 17% from $613M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SHAK positions and 26 closed out — a net gain of 7 holders — while 27 added to existing stakes and 24 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $24.1M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $38.2M.
- 95 institutional investors held Shake Shack (SHAK) as of Q2 2015, up from 88 in Q1 2015.
- Funds reported $714M of Shake Shack stock for Q2 2015, up 17% quarter-over-quarter.
- 33 funds opened new Shake Shack positions in Q2 2015 and 26 closed out, a net change of +7 holders.
- The largest Shake Shack buyer in Q2 2015 was Lord, Abbett & Co, an estimated $24.1M added.
- The largest Shake Shack seller in Q2 2015 was Gilder Gagnon Howe & Co, an estimated $38.2M sold.
Based on aggregated 13F filings for Q2 2015.