Shake Shack
SHAK
371 hedge funds and large institutions have $5.15B invested in Shake Shack in 2024 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 120 increasing their positions, 114 reducing their positions, and 47 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
64% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 47
29% more capital invested
Capital invested by funds: $4B → $5.15B (+$1.15B)
8% more funds holding
Funds holding: 345 → 371 (+26)
2.33% more ownership
Funds ownership: 96.76% → 99.09% (+2.3%)
5% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 114
30% less call options, than puts
Call options by funds: $183M | Put options by funds: $259M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$62.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$55.4M |
| 3 |
Millennium Management
New York
|
+$51.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$35.8M |
| 5 |
BlackRock
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$69.9M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$47.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$44.8M |
| 4 |
LP
Linonia Partnership
New York
|
-$38.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$35.9M |
SHAK Hedge Fund Activity: Q4 2024 in Review
371 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q4 2024, worth a combined $5.15B — up 29% from $4B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SHAK positions and 47 closed out — a net gain of 30 holders — while 120 added to existing stakes and 114 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $62.6M. The largest seller was Holocene Advisors, cutting an estimated $69.9M.
- 371 institutional investors held Shake Shack (SHAK) as of Q4 2024, up from 345 in Q3 2024.
- Funds reported $5.15B of Shake Shack stock for Q4 2024, up 29% quarter-over-quarter.
- 77 funds opened new Shake Shack positions in Q4 2024 and 47 closed out, a net change of +30 holders.
- The largest Shake Shack buyer in Q4 2024 was Driehaus Capital Management, an estimated $62.6M added.
- The largest Shake Shack seller in Q4 2024 was Holocene Advisors, an estimated $69.9M sold.
Based on aggregated 13F filings for Q4 2024.