Shake Shack
SHAK
241 hedge funds and large institutions have $3.05B invested in Shake Shack in 2019 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 86 increasing their positions, 63 reducing their positions, and 28 closing their positions.
89% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 28
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
37% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 63
33% more capital invested
Capital invested by funds: $2.29B → $3.05B (+$765M)
17% more call options, than puts
Call options by funds: $167M | Put options by funds: $142M
11% more funds holding
Funds holding: 217 → 241 (+24)
4.71% less ownership
Funds ownership: 106.75% → 102.04% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$59.7M |
| 2 |
BlackRock
New York
|
+$42M |
| 3 |
D.E. Shaw & Co
New York
|
+$33.6M |
| 4 |
Two Sigma Investments
New York
|
+$33.5M |
| 5 |
Renaissance Technologies
New York
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$70.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$49.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$34.5M |
| 4 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$27.7M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$22.3M |
SHAK Hedge Fund Activity: Q3 2019 in Review
241 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q3 2019, worth a combined $3.05B — up 33% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SHAK positions and 28 closed out — a net gain of 25 holders — while 86 added to existing stakes and 63 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $59.7M. The largest seller was Victory Capital Management, cutting an estimated $70.7M.
- 241 institutional investors held Shake Shack (SHAK) as of Q3 2019, up from 217 in Q2 2019.
- Funds reported $3.05B of Shake Shack stock for Q3 2019, up 33% quarter-over-quarter.
- 53 funds opened new Shake Shack positions in Q3 2019 and 28 closed out, a net change of +25 holders.
- The largest Shake Shack buyer in Q3 2019 was 1832 Asset Management, an estimated $59.7M added.
- The largest Shake Shack seller in Q3 2019 was Victory Capital Management, an estimated $70.7M sold.
Based on aggregated 13F filings for Q3 2019.