Shake Shack
SHAK
127 hedge funds and large institutions have $679M invested in Shake Shack in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 25 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
14% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 35
5% more funds holding
Funds holding: 121 → 127 (+6)
4% less call options, than puts
Call options by funds: $28.2M | Put options by funds: $29.6M
1.19% less ownership
Funds ownership: 120.76% → 119.57% (-1.2%)
7% less capital invested
Capital invested by funds: $727M → $679M (-$48.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZBI
Ziff Brothers Investments
New York
|
+$15.1M |
| 2 |
1WCM
12 West Capital Management
New York
|
+$14M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11.8M |
| 4 |
Morgan Stanley
New York
|
+$9.46M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$27M |
| 2 |
Jennison Associates
New York
|
-$15.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.8M |
| 4 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$10.8M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.5M |
SHAK Hedge Fund Activity: Q1 2016 in Review
127 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2016, worth a combined $679M — down 6.7% from $727M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SHAK positions and 25 closed out — a net gain of 7 holders — while 40 added to existing stakes and 35 trimmed.
The largest buyer was Ziff Brothers Investments, adding an estimated $15.1M. The largest seller was Select Equity Group, cutting an estimated $27M.
- 127 institutional investors held Shake Shack (SHAK) as of Q1 2016, up from 121 in Q4 2015.
- Funds reported $679M of Shake Shack stock for Q1 2016, down 6.7% quarter-over-quarter.
- 32 funds opened new Shake Shack positions in Q1 2016 and 25 closed out, a net change of +7 holders.
- The largest Shake Shack buyer in Q1 2016 was Ziff Brothers Investments, an estimated $15.1M added.
- The largest Shake Shack seller in Q1 2016 was Select Equity Group, an estimated $27M sold.
Based on aggregated 13F filings for Q1 2016.