Shake Shack
SHAK
241 hedge funds and large institutions have $2.04B invested in Shake Shack in 2020 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 91 increasing their positions, 44 reducing their positions, and 34 closing their positions.
109% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 34
107% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 44
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
60% more capital invested
Capital invested by funds: $1.27B → $2.04B (+$766M)
18% more funds holding
Funds holding: 204 → 241 (+37)
2.96% more ownership
Funds ownership: 97.87% → 100.83% (+3%)
7% more call options, than puts
Call options by funds: $111M | Put options by funds: $104M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$141M |
| 2 |
BlackRock
New York
|
+$39.9M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$39.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.6M |
| 5 |
VCM
Valiant Capital Management
San Francisco,
California
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$61.1M |
| 2 |
EC
Eminence Capital
New York
|
-$54.7M |
| 3 |
Two Sigma Investments
New York
|
-$26.9M |
| 4 |
Goldman Sachs
New York
|
-$25.5M |
| 5 |
DCP
Darsana Capital Partners
New York
|
-$18.9M |
SHAK Hedge Fund Activity: Q2 2020 in Review
241 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2020, worth a combined $2.04B — up 60% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new SHAK positions and 34 closed out — a net gain of 37 holders — while 91 added to existing stakes and 44 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $141M. The largest seller was Select Equity Group, cutting an estimated $61.1M.
- 241 institutional investors held Shake Shack (SHAK) as of Q2 2020, up from 204 in Q1 2020.
- Funds reported $2.04B of Shake Shack stock for Q2 2020, up 60% quarter-over-quarter.
- 71 funds opened new Shake Shack positions in Q2 2020 and 34 closed out, a net change of +37 holders.
- The largest Shake Shack buyer in Q2 2020 was Fred Alger Management, an estimated $141M added.
- The largest Shake Shack seller in Q2 2020 was Select Equity Group, an estimated $61.1M sold.
Based on aggregated 13F filings for Q2 2020.