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 |
|---|---|---|---|---|---|
| Neuberger Berman Group LLC | 102,356 | $9.58M | 0.01% | −85,025−45.4% | Reduced |
| Blair William & Co | 104,752 | $9.81M | 0.03% | −2,704−2.5% | Reduced |
| Nordea Investment Management AB | 106,317 | $9.85M | 0.01% | +28,487+36.6% | Added |
| Legal & General Group Plc | 106,332 | $9.95M | 0.00% | −3,875−3.5% | Reduced |
| KBC Group NV | 108,153 | $10.1M | 0.02% | +26,688+32.8% | Added |
| Rhumbline Advisers | 110,315 | $10.3M | 0.01% | +1,290+1.2% | Added |
| Cornerstone Capital, Inc. | 115,677 | $10.8M | 1.06% | +6,190+5.7% | Added |
| Wells Fargo & Company | 117,642 | $11.0M | 0.00% | −5,061−4.1% | Reduced |
| Qube Research & Technologies Ltd | 129,126 | $12.1M | 0.02% | +108,247+518.4% | Added |
| GDS Wealth Management | 134,885 | $12.6M | 0.83% | +5,504+4.3% | Added |
| Panagora Asset Management Inc | 135,371 | $12.7M | 0.05% | −46,998−25.8% | Reduced |
| AXA Investment Managers S.A. | 145,398 | $13.6M | 0.04% | +145,398 | New |
| Jane Street Group, LLC | 154,343 | $14.4M | 0.02% | −121,574−44.1% | Reduced |
| Public Sector Pension Investment Board | 156,998 | $14.7M | 0.05% | +19,889+14.5% | Added |
| Canada Pension Plan Investment Board | 165,077 | $15.5M | 0.01% | +98,277+147.1% | Added |
| Royal Bank of Canada | 165,174 | $15.5M | 0.00% | +24,862+17.7% | Added |
| Principal Financial Group Inc | 194,515 | $18.2M | 0.01% | −49,888−20.4% | Reduced |
| Two Sigma Investments, LP | 231,498 | $21.7M | 0.03% | −27,590−10.6% | Reduced |
| Millennium Management LLC | 236,340 | $22.1M | 0.02% | −160,748−40.5% | Reduced |
| Citigroup Inc | 238,717 | $22.3M | 0.02% | −41,153−14.7% | Reduced |
| Bank of New York Mellon Corp | 245,902 | $23.0M | 0.00% | −8,987−3.5% | Reduced |
| Nuveen, LLC | 251,984 | $23.6M | 0.01% | −13,311−5.0% | Reduced |
| Aperture Investors, LLC | 260,556 | $24.4M | 3.39% | +109,489+72.5% | Added |
| Champlain Investment Partners, LLC | 282,352 | $26.4M | 0.20% | −84,053−22.9% | Reduced |
| FMR LLC | 310,899 | $29.1M | 0.00% | +8,679+2.9% | Added |
| Barclays PLC | 355,796 | $33.3M | 0.01% | −6,806−1.9% | Reduced |
| Raymond James Financial Inc | 378,995 | $35.5M | 0.01% | −29,833−7.3% | Reduced |
| Charles Schwab Investment Management Inc | 379,250 | $35.5M | 0.01% | +5,259+1.4% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 397,652 | $37.2M | 0.10% | −1,853−0.5% | Reduced |
| Northern Trust Corp | 413,144 | $38.7M | 0.00% | −4,479−1.1% | Reduced |
| Man Group plc | 455,854 | $42.7M | 0.08% | +44,013+10.7% | Added |
| Goldman Sachs Group Inc | 457,267 | $42.8M | 0.01% | −347,404−43.2% | Reduced |
| BNP Paribas Arbitrage, SA | 459,739 | $43.0M | 0.03% | +236,467+105.9% | Added |
| Jennison Associates LLC | 562,773 | $52.7M | 0.03% | −31,198−5.3% | Reduced |
| Wasatch Advisors Inc | 570,291 | $53.4M | 0.29% | +11,044+2.0% | Added |
| Marshall Wace, LLP | 586,999 | $54.9M | 0.06% | +434,625+285.2% | Added |
| Dimensional Fund Advisors LP | 629,019 | $58.9M | 0.01% | +5,561+0.9% | Added |
| Fisher Asset Management, LLC | 682,510 | $63.9M | 0.02% | +167,740+32.6% | Added |
| Van Berkom & Associates Inc. | 723,660 | $67.7M | 1.96% | +93,553+14.8% | Added |
| JPMorgan Chase & Co | 802,505 | $75.1M | 0.00% | +388,583+93.9% | Added |
| Ameriprise Financial Inc | 830,722 | $77.8M | 0.02% | −34,117−3.9% | Reduced |
| UBS Group AG | 855,957 | $80.1M | 0.02% | +323,132+60.6% | Added |
| Citadel Advisors LLC | 880,423 | $82.4M | 0.07% | +154,166+21.2% | Added |
| Geode Capital Management, LLC | 920,591 | $86.2M | 0.01% | +6,058+0.7% | Added |
| Invesco Ltd. | 947,018 | $88.7M | 0.01% | −168,867−15.1% | Reduced |
| Squarepoint Ops LLC | 1,118,470 | $104.7M | 0.22% | +179,129+19.1% | Added |
| Bank of America Corp | 1,212,935 | $113.5M | 0.01% | +797,685+192.1% | Added |
| Gilder Gagnon Howe & Co LLC | 1,306,324 | $122.3M | 1.25% | −112,971−8.0% | Reduced |
| Morgan Stanley | 1,386,705 | $129.8M | 0.01% | +280,898+25.4% | Added |
| State Street Corp | 1,446,707 | $135.4M | 0.00% | −23,377−1.6% | Reduced |
| 12 West Capital Management LP | 1,753,595 | $164.2M | 17.03% | +210,000+13.6% | Added |
| Wellington Management Group LLP | 2,590,911 | $242.5M | 0.04% | +639,406+32.8% | Added |
| Vanguard Group Inc | 4,333,344 | $405.6M | 0.01% | +9020.0% | Added |
| BlackRock, Inc. | 5,916,319 | $553.8M | 0.01% | −112,267−1.9% | Reduced |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −820,993−100.0% | Sold out |
| Junto Capital Management LP | 0 | $0 | 0.00% | −613,387−100.0% | Sold out |
| Mane Global Capital Management LP | 0 | $0 | 0.00% | −570,507−100.0% | Sold out |
| Woodline Partners LP | 0 | $0 | 0.00% | −193,128−100.0% | Sold out |
| AXA S.A. | 0 | $0 | 0.00% | −152,325−100.0% | Sold out |
| Cooper Investors Pty Ltd | 0 | $0 | 0.00% | −89,506−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −34,619−100.0% | Sold out |
| Macquarie Group Ltd | 0 | $0 | 0.00% | −25,757−100.0% | Sold out |
| Los Angeles Capital Management LLC | 0 | $0 | 0.00% | −24,138−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −16,680−100.0% | Sold out |
| Waratah Capital Advisors Ltd. | 0 | $0 | 0.00% | −11,038−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −10,700−100.0% | Sold out |
| Polen Capital Management LLC | 0 | $0 | 0.00% | −9,632−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −9,313−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −8,542−100.0% | Sold out |
| Quantessence Capital LLC | 0 | $0 | 0.00% | −7,402−100.0% | Sold out |
| Eisler Capital Management Ltd. | 0 | $0 | 0.00% | −6,693−100.0% | Sold out |
| Occudo Quantitative Strategies LP | 0 | $0 | 0.00% | −6,298−100.0% | Sold out |
| Twinbeech Capital LP | 0 | $0 | 0.00% | −6,292−100.0% | Sold out |
| Options Solutions, LLC | 0 | $0 | 0.00% | −5,744−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −4,867−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −4,561−100.0% | Sold out |
| Ieq Capital, LLC | 0 | $0 | 0.00% | −4,309−100.0% | Sold out |
| Oppenheimer & Co Inc | 0 | $0 | 0.00% | −4,135−100.0% | Sold out |
| O'Shaughnessy Asset Management, LLC | 0 | $0 | 0.00% | −3,894−100.0% | Sold out |
| GWN Securities Inc. | 0 | $0 | 0.00% | −3,860−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −3,494−100.0% | Sold out |
| Private Advisor Group, LLC | 0 | $0 | 0.00% | −3,483−100.0% | Sold out |
| Equitable Holdings, Inc. | 0 | $0 | 0.00% | −2,698−100.0% | Sold out |
| QRG Capital Management, Inc. | 0 | $0 | 0.00% | −2,507−100.0% | Sold out |
| Change Path, LLC | 0 | $0 | 0.00% | −2,239−100.0% | Sold out |
| Stifel Financial Corp | 0 | $0 | 0.00% | −2,214−100.0% | Sold out |
| Guggenheim Capital LLC | 0 | $0 | 0.00% | −2,128−100.0% | Sold out |
| Foundations Investment Advisors, LLC | 0 | $0 | 0.00% | −2,012−100.0% | Sold out |
| SLT Holdings LLC | 0 | $0 | 0.00% | −2,012−100.0% | Sold out |
| Mariner, LLC | 0 | $0 | 0.00% | −2,009−100.0% | Sold out |
| PDT Partners, LLC | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Moneta Group Investment Advisors LLC | 0 | $0 | 0.00% | −1,997−100.0% | Sold out |
| Profund Advisors LLC | 0 | $0 | 0.00% | −1,979−100.0% | Sold out |
| DLK Investment Management, LLC | 0 | $0 | 0.00% | −1,976−100.0% | Sold out |
| Sequoia Financial Advisors, LLC | 0 | $0 | 0.00% | −1,885−100.0% | Sold out |
| Johnson Investment Counsel Inc | 0 | $0 | 0.00% | −1,880−100.0% | Sold out |
| Brinker Capital Investments, LLC | 0 | $0 | 0.00% | −1,871−100.0% | Sold out |
| Bradley Foster & Sargent Inc | 0 | $0 | 0.00% | −1,753−100.0% | Sold out |
| NBC Securities, Inc. | 0 | $0 | 0.00% | −1,742−100.0% | Sold out |
| Colony Group, LLC | 0 | $0 | 0.00% | −1,726−100.0% | Sold out |