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, Q4 2025
Institutional positions in Shake Shack Inc. as of Dec 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
- 358
- +11 vs. Q3 2025
- Shares held
- 42.7M
- +1.36M (+3.3%) vs. Q3 2025
- Total value
- $3.46B
- −$403.4M (−10.4%) vs. Q3 2025
- New holders
- 67
- 103 more added
- Sold out
- 56
- 145 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Shake Shack Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,756,872 | $467.3M | 0.01% | −159,447−2.7% | Reduced |
| Vanguard Group Inc | 4,313,524 | $350.1M | 0.01% | −19,820−0.5% | Reduced |
| Wellington Management Group LLP | 2,982,935 | $242.1M | 0.04% | +392,024+15.1% | Added |
| 12 West Capital Management LP | 1,963,595 | $159.4M | 18.98% | +210,000+12.0% | Added |
| State Street Corp | 1,442,060 | $117.1M | 0.00% | −4,647−0.3% | Reduced |
| Morgan Stanley | 1,313,153 | $106.6M | 0.01% | −73,552−5.3% | Reduced |
| Gilder Gagnon Howe & Co LLC | 1,269,116 | $103.0M | 1.09% | −37,208−2.8% | Reduced |
| UBS Group AG | 1,094,570 | $88.8M | 0.02% | +238,613+27.9% | Added |
| Squarepoint Ops LLC | 1,075,175 | $87.3M | 0.18% | −43,295−3.9% | Reduced |
| Swedbank AB | 1,036,000 | $84.1M | 0.08% | +1,036,000 | New |
| Van Berkom & Associates Inc. | 923,347 | $74.9M | 2.16% | +199,687+27.6% | Added |
| Citadel Advisors LLC | 923,213 | $74.9M | 0.05% | +42,790+4.9% | Added |
| Geode Capital Management, LLC | 920,206 | $74.7M | 0.00% | −3850.0% | Reduced |
| Bank of America Corp | 813,689 | $66.0M | 0.00% | −399,246−32.9% | Reduced |
| Fisher Asset Management, LLC | 702,101 | $57.0M | 0.02% | +19,591+2.9% | Added |
| Dimensional Fund Advisors LP | 653,672 | $53.1M | 0.01% | +24,653+3.9% | Added |
| JPMorgan Chase & Co | 622,775 | $50.6M | 0.00% | −179,730−22.4% | Reduced |
| Jennison Associates LLC | 588,325 | $47.8M | 0.03% | +25,552+4.5% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 576,095 | $46.8M | 0.05% | +178,443+44.9% | Added |
| Goldman Sachs Group Inc | 561,153 | $45.5M | 0.01% | +103,886+22.7% | Added |
| Canada Pension Plan Investment Board | 545,700 | $44.3M | 0.03% | +380,623+230.6% | Added |
| Adage Capital Partners GP, L.L.C. | 503,000 | $40.8M | 0.06% | +503,000 | New |
| FMR LLC | 465,322 | $37.8M | 0.00% | +154,423+49.7% | Added |
| Raymond James Financial Inc | 460,558 | $37.1M | 0.01% | +81,563+21.5% | Added |
| Northern Trust Corp | 390,103 | $31.7M | 0.00% | −23,041−5.6% | Reduced |
| Charles Schwab Investment Management Inc | 374,648 | $30.4M | 0.00% | −4,602−1.2% | Reduced |
| Spears Abacus Advisors LLC | 355,248 | $28.8M | 0.54% | +355,248 | New |
| Wasatch Advisors Inc | 349,671 | $28.4M | 0.17% | −220,620−38.7% | Reduced |
| Citigroup Inc | 315,744 | $25.6M | 0.02% | +77,027+32.3% | Added |
| Marshall Wace, LLP | 282,580 | $22.9M | 0.02% | −304,419−51.9% | Reduced |
| Invesco Ltd. | 270,915 | $22.0M | 0.00% | −676,103−71.4% | Reduced |
| Millennium Management LLC | 260,805 | $21.2M | 0.02% | +24,465+10.4% | Added |
| Balyasny Asset Management LLC | 259,976 | $21.1M | 0.04% | +256,556+7,501.6% | Added |
| Two Sigma Investments, LP | 257,204 | $20.9M | 0.03% | +25,706+11.1% | Added |
| Barclays PLC | 252,063 | $20.5M | 0.01% | −103,733−29.2% | Reduced |
| Renaissance Technologies LLC | 252,000 | $20.5M | 0.03% | +252,000 | New |
| Norges Bank | 243,100 | $19.7M | 0.00% | +243,100 | New |
| Bank of New York Mellon Corp | 237,341 | $19.3M | 0.00% | −8,561−3.5% | Reduced |
| Woodline Partners LP | 223,330 | $18.1M | 0.07% | +223,330 | New |
| Assenagon Asset Management S.A. | 221,635 | $18.0M | 0.03% | +209,527+1,730.5% | Added |
| Champlain Investment Partners, LLC | 214,193 | $17.4M | 0.18% | −68,159−24.1% | Reduced |
| Aperture Investors, LLC | 207,366 | $16.8M | 2.35% | −53,190−20.4% | Reduced |
| Principal Financial Group Inc | 192,417 | $15.6M | 0.01% | −2,098−1.1% | Reduced |
| Hudson Bay Capital Management LP | 185,000 | $15.0M | 0.09% | +140,327+314.1% | Added |
| Nomura Asset Management International Inc. | 178,583 | $14.5M | 0.02% | +178,583 | New |
| GW&K Investment Management, LLC | 158,194 | $12.8M | 0.11% | +158,194 | New |
| Public Sector Pension Investment Board | 139,348 | $11.3M | 0.04% | −17,650−11.2% | Reduced |
| Cornerstone Capital, Inc. | 128,917 | $10.5M | 1.03% | +13,240+11.4% | Added |
| Neuberger Berman Group LLC | 127,192 | $10.3M | 0.01% | +24,836+24.3% | Added |
| Alyeska Investment Group, L.P. | 125,295 | $10.2M | 0.03% | +125,295 | New |
| Ci Investments Inc. | 116,156 | $9.43M | 0.04% | +25,095+27.6% | Added |
| Alliancebernstein L.P. | 110,362 | $8.96M | 0.00% | +62,025+128.3% | Added |
| GDS Wealth Management | 107,983 | $8.76M | 0.55% | −26,902−19.9% | Reduced |
| Susquehanna International Group, LLP | 105,737 | $8.58M | 0.01% | +7,517+7.7% | Added |
| Rhumbline Advisers | 104,414 | $8.48M | 0.01% | −5,901−5.3% | Reduced |
| Silvercrest Asset Management Group LLC | 103,654 | $8.41M | 0.06% | +27,495+36.1% | Added |
| Blair William & Co | 103,342 | $8.39M | 0.02% | −1,410−1.3% | Reduced |
| Legal & General Group Plc | 100,016 | $8.12M | 0.00% | −6,316−5.9% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 99,778 | $8.10M | 0.13% | +34,776+53.5% | Added |
| ExodusPoint Capital Management, LP | 99,165 | $8.05M | 0.09% | +77,496+357.6% | Added |
| Nordea Investment Management AB | 98,836 | $7.97M | 0.01% | −7,481−7.0% | Reduced |
| EFG International AG | 97,736 | $7.91M | 0.15% | +97,736 | New |
| BNP Paribas Arbitrage, SA | 95,642 | $7.76M | 0.00% | −364,097−79.2% | Reduced |
| Linonia Partnership LP | 95,502 | $7.75M | 0.18% | 00.0% | Unchanged |
| Nuveen, LLC | 83,828 | $6.80M | 0.00% | −168,156−66.7% | Reduced |
| Quinn Opportunity Partners LLC | 83,771 | $6.80M | 0.29% | +79,771+1,994.3% | Added |
| KBC Group NV | 80,532 | $6.54M | 0.01% | −27,621−25.5% | Reduced |
| Two Sigma Advisers, LP | 80,006 | $6.49M | 0.01% | +43,106+116.8% | Added |
| Royal Bank of Canada | 78,016 | $6.33M | 0.00% | −87,158−52.8% | Reduced |
| Intech Investment Management LLC | 77,916 | $6.32M | 0.06% | +22,287+40.1% | Added |
| Fred Alger Management, LLC | 77,418 | $6.28M | 0.02% | +25,152+48.1% | Added |
| Ameriprise Financial Inc | 76,035 | $6.17M | 0.00% | −754,687−90.8% | Reduced |
| Swiss National Bank | 75,400 | $6.12M | 0.00% | +1,300+1.8% | Added |
| Wells Fargo & Company | 72,948 | $5.92M | 0.00% | −44,694−38.0% | Reduced |
| UBS Asset Management Americas Inc | 71,298 | $5.79M | 0.00% | −1,905−2.6% | Reduced |
| Kettle Hill Capital Management, LLC | 71,284 | $5.79M | 1.29% | +71,284 | New |
| HRT Financial LP | 70,434 | $5.72M | 0.02% | +39,518+127.8% | Added |
| Cooper Investors Pty Ltd | 64,127 | $5.21M | 1.73% | +64,127 | New |
| Madison Asset Management, LLC | 58,404 | $4.74M | 0.05% | +15,852+37.3% | Added |
| AQR Capital Management LLC | 57,442 | $4.66M | 0.00% | −28,324−33.0% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 54,350 | $4.41M | 0.01% | +4,692+9.4% | Added |
| California Public Employees Retirement System | 51,848 | $4.21M | 0.00% | −14,055−21.3% | Reduced |
| Larson Financial Group LLC | 46,143 | $3.75M | 0.13% | −1,164−2.5% | Reduced |
| Capital Fund Management S.A. | 46,035 | $3.74M | 0.04% | −6,539−12.4% | Reduced |
| Longaeva Partners L.P. | 42,500 | $3.45M | 0.41% | +42,500 | New |
| Y-Intercept (Hong Kong) Ltd | 40,763 | $3.31M | 0.07% | −49,137−54.7% | Reduced |
| XTX Topco Ltd | 39,745 | $3.23M | 0.08% | +37,238+1,485.4% | Added |
| Prudential Financial Inc | 37,629 | $3.05M | 0.00% | −9,144−19.5% | Reduced |
| Price T Rowe Associates Inc | 36,522 | $2.96M | 0.00% | +1,634+4.7% | Added |
| California State Teachers Retirement System | 36,227 | $2.94M | 0.00% | −33−0.1% | Reduced |
| Pier Capital, LLC | 36,189 | $2.94M | 0.47% | +36,189 | New |
| Federated Hermes, Inc. | 35,931 | $2.92M | 0.00% | +18,678+108.3% | Added |
| Jefferies Financial Group Inc. | 35,700 | $2.90M | 0.02% | +35,700 | New |
| New York State Teachers Retirement System | 35,679 | $2.90M | 0.01% | −5,371−13.1% | Reduced |
| Magnetar Financial LLC | 34,388 | $2.79M | 0.03% | +34,388 | New |
| LPL Financial LLC | 34,362 | $2.79M | 0.00% | +4,688+15.8% | Added |
| Qube Research & Technologies Ltd | 34,274 | $2.78M | 0.00% | −94,852−73.5% | Reduced |
| Great West Life Assurance Co | 33,860 | $2.75M | 0.00% | −7,390−17.9% | Reduced |
| Panagora Asset Management Inc | 33,226 | $2.70M | 0.01% | −102,145−75.5% | Reduced |
| Deutsche Bank AG | 32,449 | $2.63M | 0.00% | +1,366+4.4% | Added |