Shake Shack
SHAK
137 hedge funds and large institutions have $819M invested in Shake Shack in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
7% more funds holding
Funds holding: 128 → 137 (+9)
0% more capital invested
Capital invested by funds: $815M → $819M (+$3.52M)
1.68% less ownership
Funds ownership: 100.26% → 98.57% (-1.7%)
35% less call options, than puts
Call options by funds: $25.6M | Put options by funds: $39.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$36.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$35M |
| 3 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$25.7M |
| 4 |
Morgan Stanley
New York
|
+$20.6M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$27.8M |
| 2 |
Select Equity Group
New York
|
-$17.7M |
| 3 |
EC
EMS Capital
New York
|
-$15.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.4M |
| 5 |
FAM
Fred Alger Management
New York
|
-$10.6M |
SHAK Hedge Fund Activity: Q3 2016 in Review
137 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q3 2016, worth a combined $819M — up 0.43% from $815M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SHAK positions and 18 closed out — a net gain of 9 holders — while 42 added to existing stakes and 38 trimmed.
The largest buyer was Sylebra Capital (HK), opening a new position worth an estimated $36.5M. The largest seller was Leonard Green & Partners, cutting an estimated $27.8M.
- 137 institutional investors held Shake Shack (SHAK) as of Q3 2016, up from 128 in Q2 2016.
- Funds reported $819M of Shake Shack stock for Q3 2016, up 0.43% quarter-over-quarter.
- 27 funds opened new Shake Shack positions in Q3 2016 and 18 closed out, a net change of +9 holders.
- The largest Shake Shack buyer in Q3 2016 was Sylebra Capital (HK), an estimated $36.5M added.
- The largest Shake Shack seller in Q3 2016 was Leonard Green & Partners, an estimated $27.8M sold.
Based on aggregated 13F filings for Q3 2016.