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Shake Shack Inc.

SHAK
Exchange
NYSE
Industry
Retail-Eating & Drinking Places
SEC CIK
0001620533

No open-market purchases or sales by Shake Shack Inc. insiders were filed in the last 90 days; 339 institutions reported holding it in 13F filings for Q2 2026, worth $2.06B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Shake Shack Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
368
+2 vs. Q4 2024
Shares held
41.3M
+2.15M (+5.5%) vs. Q4 2024
Total value
$3.64B
−$1.44B (−28.3%) vs. Q4 2024
New holders
68
134 more added
Sold out
66
114 more reduced

5 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SHAK on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 368 institutions
Q1 2021: 276 institutionsQ2 2021: 259 institutionsQ3 2021: 271 institutionsQ4 2021: 272 institutionsQ1 2022: 275 institutionsQ2 2022: 242 institutionsQ3 2022: 255 institutionsQ4 2022: 254 institutionsQ1 2023: 262 institutionsQ2 2023: 286 institutionsQ3 2023: 295 institutionsQ4 2023: 285 institutionsQ1 2024: 350 institutionsQ2 2024: 342 institutionsQ3 2024: 345 institutionsQ4 2024: 371 institutionsQ1 2025: 368 institutionsQ2 2025: 387 institutionsQ3 2025: 354 institutionsQ4 2025: 358 institutionsQ1 2026: 371 institutionsQ2 2026: 339 institutions
Value heldQ1 2025: $3.64B
Q1 2021: $4.02BQ2 2021: $3.76BQ3 2021: $2.69BQ4 2021: $2.46BQ1 2022: $2.29BQ2 2022: $1.38BQ3 2022: $1.60BQ4 2022: $1.43BQ1 2023: $1.98BQ2 2023: $2.74BQ3 2023: $2.07BQ4 2023: $2.70BQ1 2024: $3.77BQ2 2024: $3.41BQ3 2024: $4.00BQ4 2024: $5.15BQ1 2025: $3.64BQ2 2025: $6.01BQ3 2025: $3.89BQ4 2025: $3.46BQ1 2026: $3.76BQ2 2026: $2.06B
Institutions holding SHAK and their total value by quarter
QuarterHoldersValue
Q2 2026339$2.06B
Q1 2026371$3.76B
Q4 2025358$3.46B
Q3 2025354$3.89B
Q2 2025387$6.01B
Q1 2025368$3.64B
Q4 2024371$5.15B
Q3 2024345$4.00B
Q2 2024342$3.41B
Q1 2024350$3.77B
Q4 2023285$2.70B
Q3 2023295$2.07B
Q2 2023286$2.74B
Q1 2023262$1.98B
Q4 2022254$1.43B
Q3 2022255$1.60B
Q2 2022242$1.38B
Q1 2022275$2.29B
Q4 2021272$2.46B
Q3 2021271$2.69B
Q2 2021259$3.76B
Q1 2021276$4.02B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Shake Shack Inc.; share changes are against Q4 2024.

Institutions holding SHAK in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.6,201,678$546.8M0.01%+79,068+1.3%Added
Vanguard Group Inc4,364,267$384.8M0.01%−61,748−1.4%Reduced
Wellington Management Group LLP2,620,375$231.0M0.04%+1,383,999+111.9%Added
12 West Capital Management LP1,618,595$142.7M21.06%−145,523−8.2%Reduced
State Street Corp1,454,477$128.2M0.01%−55,902−3.7%Reduced
Gilder Gagnon Howe & Co LLC1,450,251$127.9M1.67%−15,021−1.0%Reduced
Invesco Ltd.1,269,876$112.0M0.02%+24,783+2.0%Added
Citadel Advisors LLC1,050,430$92.6M0.09%+1,022,917+3,717.9%Added
Geode Capital Management, LLC900,601$79.4M0.01%+25,537+2.9%Added
Squarepoint Ops LLC878,699$77.5M0.19%+378,489+75.7%Added
Ameriprise Financial Inc791,857$69.8M0.02%+467,748+144.3%Added
Van Berkom & Associates Inc.785,594$69.3M2.22%+125,357+19.0%Added
Goldman Sachs Group Inc758,554$66.9M0.01%+160,190+26.8%Added
Morgan Stanley734,658$64.8M0.00%−8,818−1.2%Reduced
Dimensional Fund Advisors LP648,474$57.2M0.01%−112,121−14.7%Reduced
Wasatch Advisors Inc628,027$55.4M0.31%+61,602+10.9%Added
Qube Research & Technologies Ltd497,444$43.9M0.07%+187,200+60.3%Added
Nuveen, LLC485,453$42.8M0.01%+485,453New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.475,241$41.9M0.11%+12,807+2.8%Added
Mane Global Capital Management LP459,597$40.5M3.22%+6,430+1.4%Added
Raymond James Financial Inc448,310$39.5M0.01%+78,996+21.4%Added
Northern Trust Corp417,161$36.8M0.01%−6,905−1.6%Reduced
Renaissance Technologies LLC397,300$35.0M0.05%+94,100+31.0%Added
Fisher Asset Management, LLC394,740$34.8M0.02%−55,056−12.2%Reduced
Jennison Associates LLC377,987$33.3M0.02%+2,435+0.6%Added
Man Group plc369,552$32.6M0.10%−36,240−8.9%Reduced
UBS Group AG359,862$31.7M0.01%−142,262−28.3%Reduced
Champlain Investment Partners, LLC357,776$31.5M0.23%+133,440+59.5%Added
Charles Schwab Investment Management Inc356,010$31.4M0.01%−5,920−1.6%Reduced
Millennium Management LLC324,957$28.7M0.03%−112,574−25.7%Reduced
FMR LLC324,689$28.6M0.00%+29,726+10.1%Added
Bank of America Corp319,321$28.2M0.00%+205,135+179.6%Added
Armistice Capital, LLC285,021$25.1M0.67%+99,525+53.7%Added
T. Rowe Price Investment Management, Inc.283,717$25.0M0.02%−444,931−61.1%Reduced
Aperture Investors, LLC251,435$22.2M3.37%+76,638+43.8%Added
Bank of New York Mellon Corp251,418$22.2M0.00%−6,458−2.5%Reduced
Balyasny Asset Management LLC245,718$21.7M0.05%−648,568−72.5%Reduced
JPMorgan Chase & Co223,352$19.7M0.00%+28,668+14.7%Added
Driehaus Capital Management LLC212,084$18.7M0.18%−299,082−58.5%Reduced
Principal Financial Group Inc199,709$17.6M0.01%+4,552+2.3%Added
Jump Financial, LLC193,540$17.1M0.26%+193,540New
UBS Asset Management Americas Inc187,230$16.5M0.00%−22,286−10.6%Reduced
Neuberger Berman Group LLC184,313$16.3M0.01%+26,646+16.9%Added
Cornerstone Capital, Inc.182,047$16.1M1.73%−1,695−0.9%Reduced
Panagora Asset Management Inc179,635$15.8M0.08%+60,802+51.2%Added
Jane Street Group, LLC172,646$15.2M0.03%+138,878+411.3%Added
Linonia Partnership LP172,305$15.2M0.60%00.0%Unchanged
Engineers Gate Manager LP155,800$13.7M0.23%+135,102+652.7%Added
Intech Investment Management LLC148,768$13.1M0.14%+51,760+53.4%Added
AXA S.A.138,423$12.2M0.04%+20,200+17.1%Added
Two Sigma Investments, LP134,848$11.9M0.03%−192,378−58.8%Reduced
Kettle Hill Capital Management, LLC134,257$11.8M3.25%+20,458+18.0%Added
Public Sector Pension Investment Board126,940$11.2M0.05%+26,777+26.7%Added
Fred Alger Management, LLC123,544$10.9M0.06%+8,046+7.0%Added
ExodusPoint Capital Management, LP117,497$10.4M0.14%+85,288+264.8%Added
Wells Fargo & Company110,329$9.73M0.00%−8,442−7.1%Reduced
Blair William & Co107,680$9.49M0.03%+3,291+3.2%Added
Legal & General Group Plc106,808$9.42M0.00%−3,882−3.5%Reduced
Rhumbline Advisers106,153$9.36M0.01%+240.0%Added
MIG Capital, LLC102,504$9.04M1.15%+102,504New
Royal Bank of Canada92,617$8.17M0.00%+19,166+26.1%Added
Janus Henderson Group PLC89,942$7.93M0.00%+72,878+427.1%Added
GDS Wealth Management86,162$7.60M0.65%+71,885+503.5%Added
Norges Bank82,623$7.28M0.00%−36,088−30.4%Reduced
Canada Pension Plan Investment Board81,700$7.20M0.01%−12,300−13.1%Reduced
KBC Group NV75,754$6.68M0.02%+73,945+4,087.6%Added
Nordea Investment Management AB77,801$6.66M0.01%+917+1.2%Added
Susquehanna International Group, LLP75,364$6.64M0.01%+54,360+258.8%Added
Swiss National Bank73,700$6.50M0.00%−1,000−1.3%Reduced
Ci Investments Inc.67,928$5.99M0.03%+17,039+33.5%Added
AQR Capital Management LLC67,850$5.98M0.01%+15,361+29.3%Added
Capital Fund Management S.A.65,131$5.74M0.07%+65,131New
STRS Ohio64,800$5.71M0.02%−1,300−2.0%Reduced
First Trust Advisors LP62,174$5.48M0.00%+12,238+24.5%Added
California Public Employees Retirement System59,132$5.21M0.00%+12,182+25.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH57,969$5.11M0.01%−1,344−2.3%Reduced
Barclays PLC57,425$5.06M0.00%−71,891−55.6%Reduced
Citigroup Inc56,462$4.98M0.00%−11,989−17.5%Reduced
Castleark Management LLC52,630$4.64M0.16%+52,630New
Verition Fund Management LLC52,412$4.62M0.03%+39,781+314.9%Added
BNP Paribas Arbitrage, SA51,580$4.55M0.00%+29,468+133.3%Added
Madison Asset Management, LLC51,251$4.52M0.05%+6,350+14.1%Added
Bullseye Asset Management LLC50,029$4.41M2.38%00.0%Unchanged
Nicholas Investment Partners, LP49,225$4.34M0.45%−26,965−35.4%Reduced
Larson Financial Group LLC42,443$3.74M0.18%+1,833+4.5%Added
Alliancebernstein L.P.42,173$3.72M0.00%−25,060−37.3%Reduced
Great West Life Assurance Co41,114$3.63M0.01%−3,631−8.1%Reduced
EFG Asset Management (North America) Corp.40,969$3.61M0.60%+5,117+14.3%Added
Deutsche Bank AG40,810$3.60M0.00%−3,093−7.0%Reduced
Prudential Financial Inc40,763$3.59M0.01%−53,780−56.9%Reduced
New York State Teachers Retirement System39,225$3.46M0.01%00.0%Unchanged
Algert Global LLC38,346$3.38M0.08%00.0%Unchanged
California State Teachers Retirement System35,089$3.09M0.00%−434−1.2%Reduced
State of Wisconsin Investment Board31,782$2.80M0.01%+2,553+8.7%Added
Ensign Peak Advisors, Inc29,733$2.62M0.01%+4,677+18.7%Added
Schonfeld Strategic Advisors LLC29,699$2.62M0.02%+24,719+496.4%Added
Thrivent Financial for Lutherans29,401$2.59M0.01%−1,538−5.0%Reduced
GWN Securities Inc.22,146$2.57M0.15%+22,146New
Aigen Investment Management, LP29,162$2.57M0.41%+198+0.7%Added
Price T Rowe Associates Inc28,825$2.54M0.00%+2,988+11.6%Added