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Shake Shack

275 hedge funds and large institutions have $2.29B invested in Shake Shack in 2022 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 99 increasing their positions, 84 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 37

18% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 84

1% more funds holding

Funds holding: 272275 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.5% less ownership

Funds ownership: 87.07%86.57% (-0.5%)

7% less capital invested

Capital invested by funds: $2.46B → $2.29B (-$163M)

26% less call options, than puts

Call options by funds: $60.8M | Put options by funds: $82M

Holders
275
Holders Change
+3
Holders Change %
+1.1%
% of All Funds
4.34%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
44
Increased
99
Reduced
84
Closed
37
Calls
$60.8M
Puts
$82M
Net Calls
-$21.3M
Net Calls Change
-$12.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$449M -$2.93M -42,529 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$276M +$3.35M +48,614 +1%
FAM
3
Fred Alger Management
New York
$206M -$41.5M -603,352 -17%
GGHC
4
Gilder Gagnon Howe & Co
New York
$152M -$28.5M -413,761 -16%
1WCM
5
12 West Capital Management
New York
$121M -$948K -13,782 -0.8%
State Street
6
State Street
Massachusetts
$86M +$2.96M +43,087 +4%
Invesco
7
Invesco
Georgia
$73.4M +$290K +4,217 +0.4%
Amundi
8
Amundi
France
$61.6M +$22.3M +323,531 +49%
CIP
9
Champlain Investment Partners
Vermont
$52.4M -$2.91M -42,275 -5%
VBA
10
Van Berkom & Associates
Quebec, Canada
$49.5M +$2.58M +37,482 +5%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$44M +$1.14M +16,539 +3%
Morgan Stanley
12
Morgan Stanley
New York
$42.6M +$17.5M +254,673 +68%
Citadel Advisors
13
Citadel Advisors
Florida
$42.2M +$37M +538,117 +645%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$32.5M -$23.9K -348 -0.1%
Northern Trust
15
Northern Trust
Illinois
$27.2M -$973K -14,144 -3%
Norges Bank
16
Norges Bank
Norway
$26.4M
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$25M +$734K +10,673 +3%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$24.8M -$48.9K -710 -0.2%
PP
19
Pertento Partners
United Kingdom
$19.3M +$6.48M +94,176 +50%
Renaissance Technologies
20
Renaissance Technologies
New York
$19.2M +$6.8M +98,800 +54%
Two Sigma Investments
21
Two Sigma Investments
New York
$19.1M +$5.82M +84,562 +43%
Charles Schwab
22
Charles Schwab
California
$19.1M +$559K +8,124 +3%
Principal Financial Group
23
Principal Financial Group
Iowa
$18M -$125K -1,813 -0.7%
William Blair & Company
24
William Blair & Company
Illinois
$15.4M -$72.5K -1,053 -0.5%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$14.8M +$77.4K +1,125 +0.5%

SHAK Hedge Fund Activity: Q1 2022 in Review

275 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q1 2022, worth a combined $2.29B — down 6.6% from $2.46B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new SHAK positions and 37 closed out — a net gain of 7 holders — while 99 added to existing stakes and 84 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $37M. The largest seller was Fred Alger Management, cutting an estimated $41.5M.

  • 275 institutional investors held Shake Shack (SHAK) as of Q1 2022, up from 272 in Q4 2021.
  • Funds reported $2.29B of Shake Shack stock for Q1 2022, down 6.6% quarter-over-quarter.
  • 44 funds opened new Shake Shack positions in Q1 2022 and 37 closed out, a net change of +7 holders.
  • The largest Shake Shack buyer in Q1 2022 was Citadel Advisors, an estimated $37M added.
  • The largest Shake Shack seller in Q1 2022 was Fred Alger Management, an estimated $41.5M sold.

Based on aggregated 13F filings for Q1 2022.