Shake Shack
SHAK
167 hedge funds and large institutions have $1.3B invested in Shake Shack in 2017 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 18 closing their positions.
111% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 18
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
28% more capital invested
Capital invested by funds: $1.02B → $1.3B (+$289M)
13% more funds holding
Funds holding: 148 → 167 (+19)
9% more call options, than puts
Call options by funds: $67.1M | Put options by funds: $61.7M
2.36% less ownership
Funds ownership: 117.6% → 115.24% (-2.4%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$34.9M |
| 2 |
O
OppenheimerFunds
New York
|
+$10.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.39M |
| 4 |
JP Morgan Chase
New York
|
+$8.17M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.7M |
| 2 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$20.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$17.9M |
| 4 |
Morgan Stanley
New York
|
-$16.4M |
| 5 |
IA
IPL Advisers
New York
|
-$15.8M |
SHAK Hedge Fund Activity: Q4 2017 in Review
167 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2017, worth a combined $1.3B — up 28% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SHAK positions and 18 closed out — a net gain of 20 holders — while 54 added to existing stakes and 40 trimmed.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), opening a new position worth an estimated $34.9M. The largest seller was Fidelity Investments, cutting an estimated $23.7M.
- 167 institutional investors held Shake Shack (SHAK) as of Q4 2017, up from 148 in Q3 2017.
- Funds reported $1.3B of Shake Shack stock for Q4 2017, up 28% quarter-over-quarter.
- 38 funds opened new Shake Shack positions in Q4 2017 and 18 closed out, a net change of +20 holders.
- The largest Shake Shack buyer in Q4 2017 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $34.9M added.
- The largest Shake Shack seller in Q4 2017 was Fidelity Investments, an estimated $23.7M sold.
Based on aggregated 13F filings for Q4 2017.