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Shake Shack

199 hedge funds and large institutions have $2.13B invested in Shake Shack in 2018 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 62 increasing their positions, 47 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 20

63% more capital invested

Capital invested by funds: $1.3B → $2.13B (+$827M)

32% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 47

19% more funds holding

Funds holding: 167199 (+32)

0.77% more ownership

Funds ownership: 115.71%116.48% (+0.77%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

25% less call options, than puts

Call options by funds: $96.6M | Put options by funds: $128M

Holders
199
Holders Change
+32
Holders Change %
+19.16%
% of All Funds
4.56%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
52
Increased
62
Reduced
47
Closed
20
Calls
$96.6M
Puts
$128M
Net Calls
-$31.8M
Net Calls Change
-$38.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$273M +$11.5M +207,141 +5%
LGP
2
Leonard Green & Partners
California
$241M -$34.8M -627,440 -15%
BlackRock
3
BlackRock
New York
$193M +$21.3M +384,867 +15%
1WCM
4
12 West Capital Management
New York
$172M
Vanguard Group
5
Vanguard Group
Pennsylvania
$148M +$27.9M +502,618 +29%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$133M -$33.9M -612,266 -23%
GGHC
7
Gilder Gagnon Howe & Co
New York
$114M -$5.95M -107,366 -6%
O
8
OppenheimerFunds
New York
$76.6M +$8.43M +152,071 +15%
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$56.4M +$17.7M +319,785 +60%
Select Equity Group
10
Select Equity Group
New York
$45.6M -$7.24M -130,606 -16%
ZCI
11
Zevenbergen Capital Investments
Washington
$44.3M -$11.6M -210,150 -24%
Deutsche Bank
12
Deutsche Bank
Germany
$38.2M +$21.4M +385,886 +201%
State Street
13
State Street
Massachusetts
$38M +$3.96M +71,480 +14%
Renaissance Technologies
14
Renaissance Technologies
New York
$36.6M +$16.9M +304,500 +122%
Macquarie Group
15
Macquarie Group
Australia
$35.7M -$2.85M -51,501 -9%
HCM
16
Hitchwood Capital Management
New York
$31.4M +$26.3M +475,000 New
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$27.5M +$23.6M +425,000 New
BM
18
Bridger Management
New York
$23.2M +$19.4M +350,804 New
Grantham, Mayo, Van Otterloo & Co (GMO)
19
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$22.5M -$31M -560,000 -62%
Northern Trust
20
Northern Trust
Illinois
$19.9M +$2.4M +43,312 +17%
William Blair & Company
21
William Blair & Company
Illinois
$15.3M -$599K -10,810 -4%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$15.1M +$439K +7,923 +4%
UBS AM
23
UBS AM
Illinois
$14.5M -$1.22M -21,923 -9%
Goldman Sachs
24
Goldman Sachs
New York
$14.3M -$18.4M -332,819 -61%
IFLIT
25
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Germany
$14.2M -$4.36M -78,678 -27%

SHAK Hedge Fund Activity: Q2 2018 in Review

199 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2018, worth a combined $2.13B — up 63% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SHAK positions and 20 closed out — a net gain of 32 holders — while 62 added to existing stakes and 47 trimmed.

The largest buyer was Vanguard Group, adding an estimated $27.9M. The largest seller was Sylebra Capital (HK), cutting an estimated $37.7M.

  • 199 institutional investors held Shake Shack (SHAK) as of Q2 2018, up from 167 in Q1 2018.
  • Funds reported $2.13B of Shake Shack stock for Q2 2018, up 63% quarter-over-quarter.
  • 52 funds opened new Shake Shack positions in Q2 2018 and 20 closed out, a net change of +32 holders.
  • The largest Shake Shack buyer in Q2 2018 was Vanguard Group, an estimated $27.9M added.
  • The largest Shake Shack seller in Q2 2018 was Sylebra Capital (HK), an estimated $37.7M sold.

Based on aggregated 13F filings for Q2 2018.