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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, Q2 2025

Institutional positions in Shake Shack Inc. as of Jun 30, 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
387
+22 vs. Q1 2025
Shares held
42.8M
+1.55M (+3.8%) vs. Q1 2025
Total value
$6.01B
+$2.38B (+65.4%) vs. Q1 2025
New holders
86
147 more added
Sold out
64
117 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 387 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 heldQ2 2025: $6.01B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Shake Shack Inc.; share changes are against Q1 2025.

Institutions holding SHAK in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.6,028,586$847.6M0.02%−173,092−2.8%Reduced
Vanguard Group Inc4,332,442$609.1M0.01%−31,825−0.7%Reduced
Wellington Management Group LLP1,951,505$274.4M0.05%−668,870−25.5%Reduced
12 West Capital Management LP1,543,595$217.0M22.95%−75,000−4.6%Reduced
State Street Corp1,470,084$206.7M0.01%+15,607+1.1%Added
Gilder Gagnon Howe & Co LLC1,419,295$199.6M2.12%−30,956−2.1%Reduced
D. E. Shaw & Co., Inc.1,254,475$176.4M0.18%+1,236,911+7,042.3%Added
Invesco Ltd.1,115,885$156.9M0.03%−153,991−12.1%Reduced
Morgan Stanley1,105,807$155.5M0.01%+371,149+50.5%Added
Squarepoint Ops LLC939,341$132.1M0.29%+60,642+6.9%Added
Geode Capital Management, LLC914,533$128.6M0.01%+13,932+1.5%Added
Ameriprise Financial Inc864,839$121.6M0.03%+72,982+9.2%Added
Holocene Advisors, LP820,993$115.4M0.28%+820,993New
Goldman Sachs Group Inc804,671$113.1M0.02%+46,117+6.1%Added
Balyasny Asset Management LLC741,509$104.3M0.24%+495,791+201.8%Added
Citadel Advisors LLC726,257$102.1M0.09%−324,173−30.9%Reduced
Van Berkom & Associates Inc.630,107$88.6M2.64%−155,487−19.8%Reduced
Dimensional Fund Advisors LP623,458$87.7M0.02%−25,016−3.9%Reduced
Junto Capital Management LP613,387$86.2M1.83%+613,387New
Jennison Associates LLC593,971$83.5M0.05%+215,984+57.1%Added
Mane Global Capital Management LP570,507$80.2M3.65%+110,910+24.1%Added
Wasatch Advisors Inc559,247$78.6M0.41%−68,780−11.0%Reduced
UBS Group AG532,825$74.9M0.02%+172,963+48.1%Added
Fisher Asset Management, LLC514,770$72.4M0.03%+120,030+30.4%Added
Northern Trust Corp417,623$58.7M0.01%+462+0.1%Added
Bank of America Corp415,250$58.4M0.00%+95,929+30.0%Added
JPMorgan Chase & Co413,922$58.2M0.00%+190,570+85.3%Added
Man Group plc411,841$57.9M0.13%+42,289+11.4%Added
Raymond James Financial Inc408,828$57.5M0.02%−39,482−8.8%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.399,505$56.2M0.14%−75,736−15.9%Reduced
Millennium Management LLC397,088$55.8M0.05%+72,131+22.2%Added
Charles Schwab Investment Management Inc373,991$52.6M0.01%+17,981+5.1%Added
Champlain Investment Partners, LLC366,405$51.5M0.36%+8,629+2.4%Added
Barclays PLC362,602$51.0M0.02%+305,177+531.4%Added
FMR LLC302,220$42.5M0.00%−22,469−6.9%Reduced
Citigroup Inc279,870$39.3M0.03%+223,408+395.7%Added
Jane Street Group, LLC275,917$38.8M0.06%+103,271+59.8%Added
Nuveen, LLC265,295$37.3M0.01%−220,158−45.4%Reduced
Two Sigma Investments, LP259,088$36.4M0.07%+124,240+92.1%Added
Bank of New York Mellon Corp254,889$35.8M0.01%+3,471+1.4%Added
Principal Financial Group Inc244,403$34.4M0.02%+44,694+22.4%Added
BNP Paribas Arbitrage, SA223,272$31.4M0.02%+171,692+332.9%Added
Woodline Partners LP193,128$27.2M0.14%+176,209+1,041.5%Added
Neuberger Berman Group LLC187,381$26.3M0.02%+3,068+1.7%Added
Panagora Asset Management Inc182,369$25.6M0.12%+2,734+1.5%Added
UBS Asset Management Americas Inc174,566$24.5M0.00%−12,664−6.8%Reduced
Marshall Wace, LLP152,374$21.4M0.03%+131,799+640.6%Added
AXA S.A.152,325$21.4M0.06%+13,902+10.0%Added
Aperture Investors, LLC151,067$21.2M2.85%−100,368−39.9%Reduced
Verition Fund Management LLC144,011$20.2M0.12%+91,599+174.8%Added
Royal Bank of Canada140,312$19.7M0.00%+47,695+51.5%Added
Public Sector Pension Investment Board137,109$19.3M0.08%+10,169+8.0%Added
GDS Wealth Management129,381$18.2M1.33%+43,219+50.2%Added
Wells Fargo & Company122,703$17.3M0.00%+12,374+11.2%Added
Legal & General Group Plc110,207$15.5M0.00%+3,399+3.2%Added
Cornerstone Capital, Inc.109,487$15.4M1.61%−72,560−39.9%Reduced
Rhumbline Advisers109,025$15.3M0.01%+2,872+2.7%Added
Blair William & Co107,456$15.1M0.04%−224−0.2%Reduced
Janus Henderson Group PLC106,148$14.9M0.01%+16,206+18.0%Added
HRT Financial LP102,304$14.4M0.06%+81,752+397.8%Added
Linonia Partnership LP95,502$13.4M0.44%−76,803−44.6%Reduced
Susquehanna Portfolio Strategies, LLC90,702$12.8M0.28%+90,702New
Cooper Investors Pty Ltd89,506$12.6M2.29%+89,004+17,729.9%Added
KBC Group NV81,465$11.5M0.03%+5,711+7.5%Added
Fred Alger Management, LLC81,357$11.0M0.05%−42,187−34.1%Reduced
Nordea Investment Management AB77,830$10.8M0.01%+290.0%Added
Aquatic Capital Management LLC73,220$10.3M0.21%+57,323+360.6%Added
Swiss National Bank72,700$10.2M0.01%−1,000−1.4%Reduced
Ci Investments Inc.67,928$9.55M0.04%00.0%Unchanged
Canada Pension Plan Investment Board66,800$9.39M0.01%−14,900−18.2%Reduced
California Public Employees Retirement System63,176$8.88M0.01%+4,044+6.8%Added
Maverick Capital LtdSuperinvestorMaverick Capital61,138$8.60M0.13%+61,138New
STRS Ohio58,000$8.15M0.03%−6,800−10.5%Reduced
Norges Bank57,971$8.15M0.00%−24,652−29.8%Reduced
AQR Capital Management LLC57,050$8.02M0.01%−10,800−15.9%Reduced
Intech Investment Management LLC54,272$7.63M0.07%−94,496−63.5%Reduced
Deutsche Bank AG51,810$7.28M0.00%+11,000+27.0%Added
Universal- Beteiligungs- und Servicegesellschaft mbH50,103$7.04M0.01%−7,866−13.6%Reduced
Alliancebernstein L.P.48,378$6.80M0.00%+6,205+14.7%Added
Landscape Capital Management, L.L.C.47,660$6.70M0.53%+47,660New
Susquehanna International Group, LLP46,923$6.60M0.01%−28,441−37.7%Reduced
Larson Financial Group LLC46,605$6.55M0.26%+4,162+9.8%Added
Madison Asset Management, LLC43,008$6.05M0.07%−8,243−16.1%Reduced
Prudential Financial Inc41,823$5.88M0.01%+1,060+2.6%Added
Great West Life Assurance Co40,815$5.74M0.01%−299−0.7%Reduced
EFG Asset Management (North America) Corp.40,622$5.71M0.81%−347−0.8%Reduced
New York State Teachers Retirement System40,222$5.66M0.01%+997+2.5%Added
California State Teachers Retirement System35,165$4.94M0.01%+76+0.2%Added
Quadrature Capital Ltd34,619$4.87M0.08%+34,619New
Price T Rowe Associates Inc32,374$4.55M0.00%+3,549+12.3%Added
Bullseye Asset Management LLC31,605$4.44M2.22%−18,424−36.8%Reduced
Two Sigma Advisers, LP31,100$4.37M0.01%+31,100New
Thrivent Financial for Lutherans29,576$4.16M0.01%+175+0.6%Added
Hudson Bay Capital Management LP27,280$3.84M0.03%+27,280New
Jump Financial, LLC27,113$3.81M0.05%−166,427−86.0%Reduced
Bank of Montreal25,826$3.63M0.00%+16,169+167.4%Added
Macquarie Group Ltd25,757$3.62M0.00%+25,757New
Public Employees Retirement System of Ohio25,698$3.61M0.01%−2,204−7.9%Reduced
Voya Investment Management LLC24,558$3.45M0.00%+2,181+9.7%Added
Victory Capital Management Inc24,166$3.40M0.00%+16,311+207.7%Added