Shake Shack
SHAK
154 hedge funds and large institutions have $1.05B invested in Shake Shack in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 77 increasing their positions, 25 reducing their positions, and 17 closing their positions.
208% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 25
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
18% more capital invested
Capital invested by funds: $892M → $1.05B (+$159M)
12.21% more ownership
Funds ownership: 104.73% → 116.94% (+12%)
3% more funds holding
Funds holding: 150 → 154 (+4)
6% more call options, than puts
Call options by funds: $43.5M | Put options by funds: $41.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
+$38.4M |
| 2 |
CANY
Caxton Associates (New York)
New York
|
+$17.9M |
| 3 |
FAM
Fred Alger Management
New York
|
+$13.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$12.7M |
| 5 |
BlackRock
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$22.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.2M |
| 3 |
IPLA
Ice Pond Lane Advisers
New York
|
-$4.29M |
| 4 |
Select Equity Group
New York
|
-$1.86M |
| 5 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$1.55M |
SHAK Hedge Fund Activity: Q2 2017 in Review
154 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2017, worth a combined $1.05B — up 18% from $892M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SHAK positions and 17 closed out — a net gain of 5 holders — while 77 added to existing stakes and 25 trimmed.
The largest buyer was 12 West Capital Management, adding an estimated $38.4M. The largest seller was Morgan Stanley, cutting an estimated $22.6M.
- 154 institutional investors held Shake Shack (SHAK) as of Q2 2017, up from 150 in Q1 2017.
- Funds reported $1.05B of Shake Shack stock for Q2 2017, up 18% quarter-over-quarter.
- 22 funds opened new Shake Shack positions in Q2 2017 and 17 closed out, a net change of +5 holders.
- The largest Shake Shack buyer in Q2 2017 was 12 West Capital Management, an estimated $38.4M added.
- The largest Shake Shack seller in Q2 2017 was Morgan Stanley, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2017.