Shake Shack
SHAK
121 hedge funds and large institutions have $727M invested in Shake Shack in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 29 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 29
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
28.63% more ownership
Funds ownership: 92.12% → 120.76% (+29%)
10% more capital invested
Capital invested by funds: $664M → $727M (+$63.4M)
6% more funds holding
Funds holding: 114 → 121 (+7)
30% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $18.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$107M |
| 2 |
WHI
William Harris Investors
Chicago,
Illinois
|
+$61M |
| 3 |
FAM
Fred Alger Management
New York
|
+$16.4M |
| 4 |
1WCM
12 West Capital Management
New York
|
+$13.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$17.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.1M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
-$6.75M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$6.75M |
| 5 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$4.15M |
SHAK Hedge Fund Activity: Q4 2015 in Review
121 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2015, worth a combined $727M — up 9.5% from $664M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SHAK positions and 21 closed out — a net gain of 7 holders — while 42 added to existing stakes and 29 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $107M. The largest seller was Leonard Green & Partners, cutting an estimated $17.6M.
- 121 institutional investors held Shake Shack (SHAK) as of Q4 2015, up from 114 in Q3 2015.
- Funds reported $727M of Shake Shack stock for Q4 2015, up 9.5% quarter-over-quarter.
- 28 funds opened new Shake Shack positions in Q4 2015 and 21 closed out, a net change of +7 holders.
- The largest Shake Shack buyer in Q4 2015 was Select Equity Group, an estimated $107M added.
- The largest Shake Shack seller in Q4 2015 was Leonard Green & Partners, an estimated $17.6M sold.
Based on aggregated 13F filings for Q4 2015.