Shake Shack
SHAK
148 hedge funds and large institutions have $866M invested in Shake Shack in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 16 closing their positions.
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
8% more funds holding
Funds holding: 137 → 148 (+11)
6% more capital invested
Capital invested by funds: $819M → $866M (+$47M)
7% less call options, than puts
Call options by funds: $29.4M | Put options by funds: $31.5M
1.52% less ownership
Funds ownership: 98.57% → 97.05% (-1.5%)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$10.9M |
| 3 |
SCM
Sandler Capital Management
New York
|
+$7.75M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.68M |
| 5 |
1WCM
12 West Capital Management
New York
|
+$6.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$17.5M |
| 2 |
Jennison Associates
New York
|
-$14.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$10.3M |
| 5 |
WHI
William Harris Investors
Chicago,
Illinois
|
-$2.49M |
SHAK Hedge Fund Activity: Q4 2016 in Review
148 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2016, worth a combined $866M — up 5.7% from $819M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SHAK positions and 16 closed out — a net gain of 16 holders — while 38 added to existing stakes and 44 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was Leonard Green & Partners, cutting an estimated $17.5M.
- 148 institutional investors held Shake Shack (SHAK) as of Q4 2016, up from 137 in Q3 2016.
- Funds reported $866M of Shake Shack stock for Q4 2016, up 5.7% quarter-over-quarter.
- 32 funds opened new Shake Shack positions in Q4 2016 and 16 closed out, a net change of +16 holders.
- The largest Shake Shack buyer in Q4 2016 was Morgan Stanley, an estimated $11.3M added.
- The largest Shake Shack seller in Q4 2016 was Leonard Green & Partners, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2016.