Shake Shack
SHAK
197 hedge funds and large institutions have $1.39B invested in Shake Shack in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 69 increasing their positions, 47 reducing their positions, and 34 closing their positions.
56% more call options, than puts
Call options by funds: $58.6M | Put options by funds: $37.6M
47% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 47
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
1% more funds holding
Funds holding: 195 → 197 (+2)
0.14% more ownership
Funds ownership: 104.41% → 104.54% (+0.14%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less capital invested
Capital invested by funds: $1.92B → $1.39B (-$527M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BM
Bridger Management
New York
|
+$23.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$20.3M |
| 3 |
Renaissance Technologies
New York
|
+$19.6M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$16.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$60.9M |
| 2 |
Select Equity Group
New York
|
-$25.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.4M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
-$12.6M |
| 5 |
BlackRock
New York
|
-$9.76M |
SHAK Hedge Fund Activity: Q4 2018 in Review
197 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2018, worth a combined $1.39B — down 27% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SHAK positions and 34 closed out — a net gain of 6 holders — while 69 added to existing stakes and 47 trimmed.
The largest buyer was Bridger Management, opening a new position worth an estimated $23.6M. The largest seller was Morgan Stanley, cutting an estimated $60.9M.
- 197 institutional investors held Shake Shack (SHAK) as of Q4 2018, up from 195 in Q3 2018.
- Funds reported $1.39B of Shake Shack stock for Q4 2018, down 27% quarter-over-quarter.
- 40 funds opened new Shake Shack positions in Q4 2018 and 34 closed out, a net change of +6 holders.
- The largest Shake Shack buyer in Q4 2018 was Bridger Management, an estimated $23.6M added.
- The largest Shake Shack seller in Q4 2018 was Morgan Stanley, an estimated $60.9M sold.
Based on aggregated 13F filings for Q4 2018.