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 |
|---|---|---|---|---|---|
| Blair William & Co | 103,342 | $8.39M | 0.02% | −1,410−1.3% | Reduced |
| Silvercrest Asset Management Group LLC | 103,654 | $8.41M | 0.06% | +27,495+36.1% | Added |
| Rhumbline Advisers | 104,414 | $8.48M | 0.01% | −5,901−5.3% | Reduced |
| Susquehanna International Group, LLP | 105,737 | $8.58M | 0.01% | +7,517+7.7% | Added |
| GDS Wealth Management | 107,983 | $8.76M | 0.55% | −26,902−19.9% | Reduced |
| Alliancebernstein L.P. | 110,362 | $8.96M | 0.00% | +62,025+128.3% | Added |
| Ci Investments Inc. | 116,156 | $9.43M | 0.04% | +25,095+27.6% | Added |
| Alyeska Investment Group, L.P. | 125,295 | $10.2M | 0.03% | +125,295 | New |
| Neuberger Berman Group LLC | 127,192 | $10.3M | 0.01% | +24,836+24.3% | Added |
| Cornerstone Capital, Inc. | 128,917 | $10.5M | 1.03% | +13,240+11.4% | Added |
| Public Sector Pension Investment Board | 139,348 | $11.3M | 0.04% | −17,650−11.2% | Reduced |
| GW&K Investment Management, LLC | 158,194 | $12.8M | 0.11% | +158,194 | New |
| Nomura Asset Management International Inc. | 178,583 | $14.5M | 0.02% | +178,583 | New |
| Hudson Bay Capital Management LP | 185,000 | $15.0M | 0.09% | +140,327+314.1% | Added |
| Principal Financial Group Inc | 192,417 | $15.6M | 0.01% | −2,098−1.1% | Reduced |
| Aperture Investors, LLC | 207,366 | $16.8M | 2.35% | −53,190−20.4% | Reduced |
| Champlain Investment Partners, LLC | 214,193 | $17.4M | 0.18% | −68,159−24.1% | Reduced |
| Assenagon Asset Management S.A. | 221,635 | $18.0M | 0.03% | +209,527+1,730.5% | Added |
| Woodline Partners LP | 223,330 | $18.1M | 0.07% | +223,330 | New |
| Bank of New York Mellon Corp | 237,341 | $19.3M | 0.00% | −8,561−3.5% | Reduced |
| Norges Bank | 243,100 | $19.7M | 0.00% | +243,100 | New |
| Renaissance Technologies LLC | 252,000 | $20.5M | 0.03% | +252,000 | New |
| Barclays PLC | 252,063 | $20.5M | 0.01% | −103,733−29.2% | Reduced |
| Two Sigma Investments, LP | 257,204 | $20.9M | 0.03% | +25,706+11.1% | Added |
| Balyasny Asset Management LLC | 259,976 | $21.1M | 0.04% | +256,556+7,501.6% | Added |
| Millennium Management LLC | 260,805 | $21.2M | 0.02% | +24,465+10.4% | Added |
| Invesco Ltd. | 270,915 | $22.0M | 0.00% | −676,103−71.4% | Reduced |
| Marshall Wace, LLP | 282,580 | $22.9M | 0.02% | −304,419−51.9% | Reduced |
| Citigroup Inc | 315,744 | $25.6M | 0.02% | +77,027+32.3% | Added |
| Wasatch Advisors Inc | 349,671 | $28.4M | 0.17% | −220,620−38.7% | Reduced |
| Spears Abacus Advisors LLC | 355,248 | $28.8M | 0.54% | +355,248 | New |
| Charles Schwab Investment Management Inc | 374,648 | $30.4M | 0.00% | −4,602−1.2% | Reduced |
| Northern Trust Corp | 390,103 | $31.7M | 0.00% | −23,041−5.6% | Reduced |
| Raymond James Financial Inc | 460,558 | $37.1M | 0.01% | +81,563+21.5% | Added |
| FMR LLC | 465,322 | $37.8M | 0.00% | +154,423+49.7% | Added |
| Adage Capital Partners GP, L.L.C. | 503,000 | $40.8M | 0.06% | +503,000 | New |
| Canada Pension Plan Investment Board | 545,700 | $44.3M | 0.03% | +380,623+230.6% | Added |
| Goldman Sachs Group Inc | 561,153 | $45.5M | 0.01% | +103,886+22.7% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 576,095 | $46.8M | 0.05% | +178,443+44.9% | Added |
| Jennison Associates LLC | 588,325 | $47.8M | 0.03% | +25,552+4.5% | Added |
| JPMorgan Chase & Co | 622,775 | $50.6M | 0.00% | −179,730−22.4% | Reduced |
| Dimensional Fund Advisors LP | 653,672 | $53.1M | 0.01% | +24,653+3.9% | Added |
| Fisher Asset Management, LLC | 702,101 | $57.0M | 0.02% | +19,591+2.9% | Added |
| Bank of America Corp | 813,689 | $66.0M | 0.00% | −399,246−32.9% | Reduced |
| Geode Capital Management, LLC | 920,206 | $74.7M | 0.00% | −3850.0% | Reduced |
| Citadel Advisors LLC | 923,213 | $74.9M | 0.05% | +42,790+4.9% | Added |
| Van Berkom & Associates Inc. | 923,347 | $74.9M | 2.16% | +199,687+27.6% | Added |
| Swedbank AB | 1,036,000 | $84.1M | 0.08% | +1,036,000 | New |
| Squarepoint Ops LLC | 1,075,175 | $87.3M | 0.18% | −43,295−3.9% | Reduced |
| UBS Group AG | 1,094,570 | $88.8M | 0.02% | +238,613+27.9% | Added |
| Gilder Gagnon Howe & Co LLC | 1,269,116 | $103.0M | 1.09% | −37,208−2.8% | Reduced |
| Morgan Stanley | 1,313,153 | $106.6M | 0.01% | −73,552−5.3% | Reduced |
| State Street Corp | 1,442,060 | $117.1M | 0.00% | −4,647−0.3% | Reduced |
| 12 West Capital Management LP | 1,963,595 | $159.4M | 18.98% | +210,000+12.0% | Added |
| Wellington Management Group LLP | 2,982,935 | $242.1M | 0.04% | +392,024+15.1% | Added |
| Vanguard Group Inc | 4,313,524 | $350.1M | 0.01% | −19,820−0.5% | Reduced |
| BlackRock, Inc. | 5,756,872 | $467.3M | 0.01% | −159,447−2.7% | Reduced |
| Chung Wu Investment Group, LLC | 1 | – | – | +1 | New |
| Divisadero Street Capital Management, LP | 0 | $0 | 0.00% | −56,985−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −50,227−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −44,261−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −43,341−100.0% | Sold out |
| Natixis | 0 | $0 | 0.00% | −42,600−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −40,872−100.0% | Sold out |
| Maverick Capital LtdSuperinvestorMaverick Capital | 0 | $0 | 0.00% | −36,385−100.0% | Sold out |
| Twin Tree Management, LP | 0 | $0 | 0.00% | −29,411−100.0% | Sold out |
| Knights of Columbus Asset Advisors LLC | 0 | $0 | 0.00% | −21,753−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −20,135−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −20,007−100.0% | Sold out |
| Sciencast Management LP | 0 | $0 | 0.00% | −10,097−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −7,944−100.0% | Sold out |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −7,171−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −6,305−100.0% | Sold out |
| ISAM Funds (UK) Ltd | 0 | $0 | 0.00% | −6,044−100.0% | Sold out |
| Templeton & Phillips Capital Management, LLC | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Teacher Retirement System of Texas | 0 | $0 | 0.00% | −4,990−100.0% | Sold out |
| Palisade Capital Management LLC | 0 | $0 | 0.00% | −4,500−100.0% | Sold out |
| Legato Capital Management LLC | 0 | $0 | 0.00% | −4,495−100.0% | Sold out |
| Axq Capital, LP | 0 | $0 | 0.00% | −4,005−100.0% | Sold out |
| Truist Financial Corp | 0 | $0 | 0.00% | −3,181−100.0% | Sold out |
| Qsemble Capital Management, LP | 0 | $0 | 0.00% | −3,173−100.0% | Sold out |
| Cresset Asset Management, LLC | 0 | $0 | 0.00% | −3,100−100.0% | Sold out |
| Polymer Capital Management (US) LLC | 0 | $0 | 0.00% | −3,047−100.0% | Sold out |
| Uniting Wealth Partners, LLC | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Cerity Partners LLC | 0 | $0 | 0.00% | −2,806−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −2,677−100.0% | Sold out |
| Magnus Financial Group LLC | 0 | $0 | 0.00% | −2,635−100.0% | Sold out |
| Glenview Trust Co | 0 | $0 | 0.00% | −2,425−100.0% | Sold out |
| Oxler Private Wealth LLC | 0 | $0 | 0.00% | −2,356−100.0% | Sold out |
| Mackenzie Financial Corp | 0 | $0 | 0.00% | −2,235−100.0% | Sold out |
| JustInvest LLC | 0 | $0 | 0.00% | −2,220−100.0% | Sold out |
| Strategic Blueprint, LLC | 0 | $0 | 0.00% | −2,175−100.0% | Sold out |
| Cornerstone Investment Partners, LLC | 0 | $0 | 0.00% | −2,158−100.0% | Sold out |
| 3Chopt Investment Partners, LLC | 0 | $0 | 0.00% | −2,155−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −2,145−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −963−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −676−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −406−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −239−100.0% | Sold out |
| Salem Investment Counselors Inc | 0 | $0 | 0.00% | −200−100.0% | Sold out |