Shake Shack
SHAK
259 hedge funds and large institutions have $3.76B invested in Shake Shack in 2021 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 93 increasing their positions, 75 reducing their positions, and 56 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 75
15% more call options, than puts
Call options by funds: $229M | Put options by funds: $200M
1.48% less ownership
Funds ownership: 91.44% → 89.96% (-1.5%)
6% less funds holding
Funds holding: 276 → 259 (-17)
6% less capital invested
Capital invested by funds: $4.02B → $3.76B (-$261M)
29% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 56
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$128M |
| 2 |
FAM
Fred Alger Management
New York
|
+$71.3M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$22.9M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$21.4M |
| 5 |
LCM
Lakewood Capital Management
New York
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$150M |
| 2 |
Select Equity Group
New York
|
-$47.8M |
| 3 |
Two Sigma Investments
New York
|
-$29.1M |
| 4 |
Renaissance Technologies
New York
|
-$26.7M |
| 5 |
LFDLE
La Financiere de L'Echiquier
Paris,
France
|
-$23.5M |
SHAK Hedge Fund Activity: Q2 2021 in Review
259 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2021, worth a combined $3.76B — down 6.5% from $4.02B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of SHAK and 40 opened new positions — a net loss of 16 holders — while 75 trimmed existing stakes and 93 added.
The largest buyer was BlackRock, adding an estimated $128M. The largest seller was Lord, Abbett & Co, cutting an estimated $150M.
- 259 institutional investors held Shake Shack (SHAK) as of Q2 2021, down from 276 in Q1 2021.
- Funds reported $3.76B of Shake Shack stock for Q2 2021, down 6.5% quarter-over-quarter.
- 40 funds opened new Shake Shack positions in Q2 2021 and 56 closed out, a net change of -16 holders.
- The largest Shake Shack buyer in Q2 2021 was BlackRock, an estimated $128M added.
- The largest Shake Shack seller in Q2 2021 was Lord, Abbett & Co, an estimated $150M sold.
Based on aggregated 13F filings for Q2 2021.