Shake Shack
SHAK
242 hedge funds and large institutions have $1.37B invested in Shake Shack in 2022 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 91 increasing their positions, 72 reducing their positions, and 60 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 72
13% more call options, than puts
Call options by funds: $54.2M | Put options by funds: $47.9M
2.04% more ownership
Funds ownership: 86.57% → 88.61% (+2%)
12% less funds holding
Funds holding: 275 → 242 (-33)
40% less capital invested
Capital invested by funds: $2.29B → $1.37B (-$922M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$108M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$25.9M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$16.2M |
| 4 |
Two Sigma Investments
New York
|
+$9.86M |
| 5 |
Two Sigma Advisers
New York
|
+$9.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
-$61.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$28.5M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$25.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.6M |
| 5 |
Renaissance Technologies
New York
|
-$11.3M |
SHAK Hedge Fund Activity: Q2 2022 in Review
242 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2022, worth a combined $1.37B — down 40% from $2.29B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of SHAK and 30 opened new positions — a net loss of 30 holders — while 72 trimmed existing stakes and 91 added.
The largest buyer was Fred Alger Management, adding an estimated $108M. The largest seller was Amundi, exiting entirely with an estimated $61.6M sold.
- 242 institutional investors held Shake Shack (SHAK) as of Q2 2022, down from 275 in Q1 2022.
- Funds reported $1.37B of Shake Shack stock for Q2 2022, down 40% quarter-over-quarter.
- 30 funds opened new Shake Shack positions in Q2 2022 and 60 closed out, a net change of -30 holders.
- The largest Shake Shack buyer in Q2 2022 was Fred Alger Management, an estimated $108M added.
- The largest Shake Shack seller in Q2 2022 was Amundi, an estimated $61.6M sold.
Based on aggregated 13F filings for Q2 2022.