Shake Shack
SHAK
285 hedge funds and large institutions have $2.74B invested in Shake Shack in 2023 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 73 increasing their positions, 94 reducing their positions, and 36 closing their positions.
72% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 36
38% more capital invested
Capital invested by funds: $1.98B → $2.74B (+$760M)
10% more funds holding
Funds holding: 260 → 285 (+25)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.1% less ownership
Funds ownership: 89.48% → 89.38% (-0.1%)
22% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 94
32% less call options, than puts
Call options by funds: $90.1M | Put options by funds: $133M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$59.5M |
| 2 |
Man Group
London,
United Kingdom
|
+$26.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$26.1M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$23.3M |
| 5 |
Millennium Management
New York
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$35.5M |
| 2 |
1WCM
12 West Capital Management
New York
|
-$28.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$28.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$21.3M |
| 5 |
Barclays
London,
United Kingdom
|
-$16.4M |
SHAK Hedge Fund Activity: Q2 2023 in Review
285 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q2 2023, worth a combined $2.74B — up 38% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SHAK positions and 36 closed out — a net gain of 26 holders — while 73 added to existing stakes and 94 trimmed.
The largest buyer was Invesco, adding an estimated $59.5M. The largest seller was Marshall Wace, cutting an estimated $35.5M.
- 285 institutional investors held Shake Shack (SHAK) as of Q2 2023, up from 260 in Q1 2023.
- Funds reported $2.74B of Shake Shack stock for Q2 2023, up 38% quarter-over-quarter.
- 62 funds opened new Shake Shack positions in Q2 2023 and 36 closed out, a net change of +26 holders.
- The largest Shake Shack buyer in Q2 2023 was Invesco, an estimated $59.5M added.
- The largest Shake Shack seller in Q2 2023 was Marshall Wace, an estimated $35.5M sold.
Based on aggregated 13F filings for Q2 2023.