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, Q3 2025
Institutional positions in Shake Shack Inc. as of Sep 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
- 354
- −28 vs. Q2 2025
- Shares held
- 41.5M
- −1.19M (−2.8%) vs. Q2 2025
- Total value
- $3.89B
- −$2.12B (−35.3%) vs. Q2 2025
- New holders
- 44
- 138 more added
- Sold out
- 72
- 123 more reduced
5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 339 | $2.06B |
| Q1 2026 | 371 | $3.76B |
| Q4 2025 | 358 | $3.46B |
| Q3 2025 | 354 | $3.89B |
| Q2 2025 | 387 | $6.01B |
| Q1 2025 | 368 | $3.64B |
| Q4 2024 | 371 | $5.15B |
| Q3 2024 | 345 | $4.00B |
| Q2 2024 | 342 | $3.41B |
| Q1 2024 | 350 | $3.77B |
| Q4 2023 | 285 | $2.70B |
| Q3 2023 | 295 | $2.07B |
| Q2 2023 | 286 | $2.74B |
| Q1 2023 | 262 | $1.98B |
| Q4 2022 | 254 | $1.43B |
| Q3 2022 | 255 | $1.60B |
| Q2 2022 | 242 | $1.38B |
| Q1 2022 | 275 | $2.29B |
| Q4 2021 | 272 | $2.46B |
| Q3 2021 | 271 | $2.69B |
| Q2 2021 | 259 | $3.76B |
| Q1 2021 | 276 | $4.02B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Shake Shack Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,916,319 | $553.8M | 0.01% | −112,267−1.9% | Reduced |
| Vanguard Group Inc | 4,333,344 | $405.6M | 0.01% | +9020.0% | Added |
| Wellington Management Group LLP | 2,590,911 | $242.5M | 0.04% | +639,406+32.8% | Added |
| 12 West Capital Management LP | 1,753,595 | $164.2M | 17.03% | +210,000+13.6% | Added |
| State Street Corp | 1,446,707 | $135.4M | 0.00% | −23,377−1.6% | Reduced |
| Morgan Stanley | 1,386,705 | $129.8M | 0.01% | +280,898+25.4% | Added |
| Gilder Gagnon Howe & Co LLC | 1,306,324 | $122.3M | 1.25% | −112,971−8.0% | Reduced |
| Bank of America Corp | 1,212,935 | $113.5M | 0.01% | +797,685+192.1% | Added |
| Squarepoint Ops LLC | 1,118,470 | $104.7M | 0.22% | +179,129+19.1% | Added |
| Invesco Ltd. | 947,018 | $88.7M | 0.01% | −168,867−15.1% | Reduced |
| Geode Capital Management, LLC | 920,591 | $86.2M | 0.01% | +6,058+0.7% | Added |
| Citadel Advisors LLC | 880,423 | $82.4M | 0.07% | +154,166+21.2% | Added |
| UBS Group AG | 855,957 | $80.1M | 0.02% | +323,132+60.6% | Added |
| Ameriprise Financial Inc | 830,722 | $77.8M | 0.02% | −34,117−3.9% | Reduced |
| JPMorgan Chase & Co | 802,505 | $75.1M | 0.00% | +388,583+93.9% | Added |
| Van Berkom & Associates Inc. | 723,660 | $67.7M | 1.96% | +93,553+14.8% | Added |
| Fisher Asset Management, LLC | 682,510 | $63.9M | 0.02% | +167,740+32.6% | Added |
| Dimensional Fund Advisors LP | 629,019 | $58.9M | 0.01% | +5,561+0.9% | Added |
| Marshall Wace, LLP | 586,999 | $54.9M | 0.06% | +434,625+285.2% | Added |
| Wasatch Advisors Inc | 570,291 | $53.4M | 0.29% | +11,044+2.0% | Added |
| Jennison Associates LLC | 562,773 | $52.7M | 0.03% | −31,198−5.3% | Reduced |
| BNP Paribas Arbitrage, SA | 459,739 | $43.0M | 0.03% | +236,467+105.9% | Added |
| Goldman Sachs Group Inc | 457,267 | $42.8M | 0.01% | −347,404−43.2% | Reduced |
| Man Group plc | 455,854 | $42.7M | 0.08% | +44,013+10.7% | Added |
| Northern Trust Corp | 413,144 | $38.7M | 0.00% | −4,479−1.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 397,652 | $37.2M | 0.10% | −1,853−0.5% | Reduced |
| Charles Schwab Investment Management Inc | 379,250 | $35.5M | 0.01% | +5,259+1.4% | Added |
| Raymond James Financial Inc | 378,995 | $35.5M | 0.01% | −29,833−7.3% | Reduced |
| Barclays PLC | 355,796 | $33.3M | 0.01% | −6,806−1.9% | Reduced |
| FMR LLC | 310,899 | $29.1M | 0.00% | +8,679+2.9% | Added |
| Champlain Investment Partners, LLC | 282,352 | $26.4M | 0.20% | −84,053−22.9% | Reduced |
| Aperture Investors, LLC | 260,556 | $24.4M | 3.39% | +109,489+72.5% | Added |
| Nuveen, LLC | 251,984 | $23.6M | 0.01% | −13,311−5.0% | Reduced |
| Bank of New York Mellon Corp | 245,902 | $23.0M | 0.00% | −8,987−3.5% | Reduced |
| Citigroup Inc | 238,717 | $22.3M | 0.02% | −41,153−14.7% | Reduced |
| Millennium Management LLC | 236,340 | $22.1M | 0.02% | −160,748−40.5% | Reduced |
| Two Sigma Investments, LP | 231,498 | $21.7M | 0.03% | −27,590−10.6% | Reduced |
| Principal Financial Group Inc | 194,515 | $18.2M | 0.01% | −49,888−20.4% | Reduced |
| Royal Bank of Canada | 165,174 | $15.5M | 0.00% | +24,862+17.7% | Added |
| Canada Pension Plan Investment Board | 165,077 | $15.5M | 0.01% | +98,277+147.1% | Added |
| Public Sector Pension Investment Board | 156,998 | $14.7M | 0.05% | +19,889+14.5% | Added |
| Jane Street Group, LLC | 154,343 | $14.4M | 0.02% | −121,574−44.1% | Reduced |
| AXA Investment Managers S.A. | 145,398 | $13.6M | 0.04% | +145,398 | New |
| Panagora Asset Management Inc | 135,371 | $12.7M | 0.05% | −46,998−25.8% | Reduced |
| GDS Wealth Management | 134,885 | $12.6M | 0.83% | +5,504+4.3% | Added |
| Qube Research & Technologies Ltd | 129,126 | $12.1M | 0.02% | +108,247+518.4% | Added |
| Wells Fargo & Company | 117,642 | $11.0M | 0.00% | −5,061−4.1% | Reduced |
| Cornerstone Capital, Inc. | 115,677 | $10.8M | 1.06% | +6,190+5.7% | Added |
| Rhumbline Advisers | 110,315 | $10.3M | 0.01% | +1,290+1.2% | Added |
| KBC Group NV | 108,153 | $10.1M | 0.02% | +26,688+32.8% | Added |
| Legal & General Group Plc | 106,332 | $9.95M | 0.00% | −3,875−3.5% | Reduced |
| Nordea Investment Management AB | 106,317 | $9.85M | 0.01% | +28,487+36.6% | Added |
| Blair William & Co | 104,752 | $9.81M | 0.03% | −2,704−2.5% | Reduced |
| Neuberger Berman Group LLC | 102,356 | $9.58M | 0.01% | −85,025−45.4% | Reduced |
| Susquehanna International Group, LLP | 98,220 | $9.19M | 0.01% | +51,297+109.3% | Added |
| Linonia Partnership LP | 95,502 | $8.94M | 0.23% | 00.0% | Unchanged |
| Ci Investments Inc. | 91,061 | $8.52M | 0.03% | +23,133+34.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 89,900 | $8.42M | 0.20% | +89,900 | New |
| AQR Capital Management LLC | 85,766 | $8.03M | 0.01% | +28,716+50.3% | Added |
| D. E. Shaw & Co., Inc. | 77,407 | $7.25M | 0.01% | −1,177,068−93.8% | Reduced |
| Silvercrest Asset Management Group LLC | 76,159 | $7.13M | 0.05% | +72,310+1,878.7% | Added |
| Janus Henderson Group PLC | 75,720 | $7.09M | 0.00% | −30,428−28.7% | Reduced |
| Swiss National Bank | 74,100 | $6.94M | 0.00% | +1,400+1.9% | Added |
| UBS Asset Management Americas Inc | 73,203 | $6.85M | 0.00% | −101,363−58.1% | Reduced |
| Engineers Gate Manager LP | 68,641 | $6.43M | 0.07% | +58,209+558.0% | Added |
| Voloridge Investment Management, LLC | 67,768 | $6.34M | 0.02% | +55,465+450.8% | Added |
| California Public Employees Retirement System | 65,903 | $6.17M | 0.00% | +2,727+4.3% | Added |
| Susquehanna Portfolio Strategies, LLC | 65,002 | $6.08M | 0.10% | −25,700−28.3% | Reduced |
| Divisadero Street Capital Management, LP | 56,985 | $5.33M | 0.25% | +45,762+407.8% | Added |
| Intech Investment Management LLC | 55,629 | $5.21M | 0.05% | +1,357+2.5% | Added |
| Capital Fund Management S.A. | 52,574 | $4.92M | 0.05% | +29,809+130.9% | Added |
| Fred Alger Management, LLC | 52,266 | $4.89M | 0.02% | −29,091−35.8% | Reduced |
| First Trust Advisors LP | 50,489 | $4.73M | 0.00% | +33,195+191.9% | Added |
| Landscape Capital Management, L.L.C. | 50,227 | $4.70M | 0.30% | +2,567+5.4% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 49,658 | $4.65M | 0.01% | −445−0.9% | Reduced |
| Alliancebernstein L.P. | 48,337 | $4.52M | 0.00% | −41−0.1% | Reduced |
| Larson Financial Group LLC | 47,307 | $4.43M | 0.16% | +702+1.5% | Added |
| Prudential Financial Inc | 46,773 | $4.38M | 0.01% | +4,950+11.8% | Added |
| Walleye Capital LLC | 46,063 | $4.31M | 0.04% | +46,063 | New |
| Hudson Bay Capital Management LP | 44,673 | $4.18M | 0.03% | +17,393+63.8% | Added |
| Jump Financial, LLC | 44,261 | $4.14M | 0.05% | +17,148+63.2% | Added |
| Aquatic Capital Management LLC | 43,341 | $4.06M | 0.08% | −29,879−40.8% | Reduced |
| Natixis | 42,600 | $3.99M | 0.02% | +42,600 | New |
| Madison Asset Management, LLC | 42,552 | $3.98M | 0.04% | −456−1.1% | Reduced |
| EFG Asset Management (North America) Corp. | 42,229 | $3.95M | 0.51% | +1,607+4.0% | Added |
| Great West Life Assurance Co | 41,250 | $3.90M | 0.01% | +435+1.1% | Added |
| New York State Teachers Retirement System | 41,050 | $3.84M | 0.01% | +828+2.1% | Added |
| Trexquant Investment LP | 40,872 | $3.83M | 0.04% | +40,872 | New |
| Two Sigma Advisers, LP | 36,900 | $3.45M | 0.01% | +5,800+18.6% | Added |
| Maverick Capital LtdSuperinvestorMaverick Capital | 36,385 | $3.41M | 0.05% | −24,753−40.5% | Reduced |
| California State Teachers Retirement System | 36,260 | $3.39M | 0.00% | +1,095+3.1% | Added |
| Price T Rowe Associates Inc | 34,888 | $3.27M | 0.00% | +2,514+7.8% | Added |
| Deutsche Bank AG | 31,083 | $2.91M | 0.00% | −20,727−40.0% | Reduced |
| HRT Financial LP | 30,916 | $2.89M | 0.01% | −71,388−69.8% | Reduced |
| Shellback Capital, LP | 30,000 | $2.81M | 0.18% | +30,000 | New |
| LPL Financial LLC | 29,674 | $2.78M | 0.00% | +5,788+24.2% | Added |
| Twin Tree Management, LP | 29,411 | $2.75M | 0.13% | +29,411 | New |
| Thrivent Financial for Lutherans | 29,036 | $2.72M | 0.01% | −540−1.8% | Reduced |
| Bullseye Asset Management LLC | 28,829 | $2.70M | 1.41% | −2,776−8.8% | Reduced |
| Algert Global LLC | 28,746 | $2.69M | 0.05% | +17,150+147.9% | Added |