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 |
|---|---|---|---|---|---|
| Entropy Technologies, LP | 29,778 | $2.42M | 0.13% | +23,497+374.1% | Added |
| Bank of Montreal | 29,231 | $2.37M | 0.00% | +4,660+19.0% | Added |
| Bullseye Asset Management LLC | 28,829 | $2.34M | 1.26% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 27,660 | $2.25M | 0.00% | −1,376−4.7% | Reduced |
| Algert Global LLC | 25,476 | $2.07M | 0.03% | −3,270−11.4% | Reduced |
| Schonfeld Strategic Advisors LLC | 25,050 | $2.03M | 0.01% | +9,691+63.1% | Added |
| Verition Fund Management LLC | 25,022 | $2.03M | 0.01% | +861+3.6% | Added |
| DKRT Investments Corp. | 25,000 | $2.03M | 0.57% | 00.0% | Unchanged |
| State of New Jersey Common Pension Fund D | 24,998 | $2.03M | 0.01% | +3,842+18.2% | Added |
| Illinois Municipal Retirement Fund | 24,718 | $2.01M | 0.03% | +1,870+8.2% | Added |
| Voya Investment Management LLC | 24,299 | $1.97M | 0.00% | +2,971+13.9% | Added |
| D.A. Davidson & Co. | 24,276 | $1.97M | 0.01% | +13,013+115.5% | Added |
| Engineers Gate Manager LP | 23,754 | $1.93M | 0.02% | −44,887−65.4% | Reduced |
| Fayez Sarofim & Co | 23,718 | $1.93M | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 21,870 | $1.78M | 0.01% | −862−3.8% | Reduced |
| Concurrent Investment Advisors, LLC | 20,496 | $1.66M | 0.02% | +17,355+552.5% | Added |
| State of Alaska, Department of Revenue | 20,495 | $1.66M | 0.02% | +243+1.2% | Added |
| IMC-Chicago, LLC | 19,990 | $1.62M | 0.03% | −3,432−14.7% | Reduced |
| Gotham Asset Management, LLC | 19,604 | $1.59M | 0.01% | +19,604 | New |
| Manufacturers Life Insurance Company, The | 19,530 | $1.59M | 0.00% | −800−3.9% | Reduced |
| Voloridge Investment Management, LLC | 18,777 | $1.52M | 0.01% | −48,991−72.3% | Reduced |
| Group One Trading, L.P. | 18,725 | $1.52M | 0.05% | −4,891−20.7% | Reduced |
| Louisiana State Employees Retirement System | 18,400 | $1.49M | 0.03% | −100−0.5% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 18,062 | $1.47M | 0.00% | −10−0.1% | Reduced |
| Wilson Asset Management (International) Pty Ltd | 18,000 | $1.46M | 0.37% | +18,000 | New |
| New York State Common Retirement Fund | 17,099 | $1.39M | 0.00% | 00.0% | Unchanged |
| Janus Henderson Group PLC | 17,064 | $1.39M | 0.00% | −58,656−77.5% | Reduced |
| SG Americas Securities, LLC | 16,486 | $1.34M | 0.00% | +16,486 | New |
| Public Employees Retirement System of Ohio | 15,908 | $1.29M | 0.00% | −9,790−38.1% | Reduced |
| Wealthcare Advisory Partners LLC | 15,645 | $1.27M | 0.02% | +2,150+15.9% | Added |
| Russell Investments Group, Ltd. | 15,620 | $1.27M | 0.00% | −561−3.5% | Reduced |
| Bridgewater Associates, LP | 15,510 | $1.26M | 0.00% | +13,188+568.0% | Added |
| Winton Group Ltd | 15,355 | $1.25M | 0.04% | +15,355 | New |
| Future Fund LLC | 15,221 | $1.24M | 0.44% | +4,838+46.6% | Added |
| One Capital Management, LLC | 15,221 | $1.24M | 0.04% | +4,838+46.6% | Added |
| Summit Financial, LLC | 14,890 | $1.21M | 0.02% | −173−1.1% | Reduced |
| Alberta Investment Management Corp | 14,800 | $1.20M | 0.01% | +14,800 | New |
| American Century Companies Inc | 14,696 | $1.19M | 0.00% | +4,130+39.1% | Added |
| Bridge City Capital, LLC | 14,638 | $1.19M | 0.35% | −2,391−14.0% | Reduced |
| SEI Investments Co | 14,489 | $1.18M | 0.00% | −5,692−28.2% | Reduced |
| Nano Cap New Millennium Growth Fund L P | 14,000 | $1.14M | 0.97% | +14,000 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 13,920 | $1.13M | 0.00% | 00.0% | Unchanged |
| Creative Planning | 13,748 | $1.12M | 0.00% | −4,906−26.3% | Reduced |
| Jane Street Group, LLC | 13,688 | $1.11M | 0.00% | −140,655−91.1% | Reduced |
| D. E. Shaw & Co., Inc. | 13,406 | $1.09M | 0.00% | −64,001−82.7% | Reduced |
| Glenmede Trust Co NA | 13,089 | $1.06M | 0.01% | +13,089 | New |
| Hedges Asset Management LLC | 13,050 | $1.06M | 0.75% | +25+0.2% | Added |
| Davenport & Co LLC | 12,411 | $1.01M | 0.01% | −610−4.7% | Reduced |
| Amalgamated Bank | 11,651 | $946.0K | 0.01% | +163+1.4% | Added |
| Natixis Advisors, L.P. | 11,479 | $932.0K | 0.00% | −3,053−21.0% | Reduced |
| Lotus Technology Management, LP | 11,330 | $919.7K | 0.51% | +11,330 | New |
| State Board of Administration of Florida Retirement System | 11,109 | $901.7K | 0.00% | 00.0% | Unchanged |
| Arizona State Retirement System | 10,868 | $882.2K | 0.00% | −439−3.9% | Reduced |
| Baird Financial Group, Inc. | 10,806 | $877.1K | 0.00% | −145−1.3% | Reduced |
| Walleye Capital LLC | 10,665 | $865.7K | 0.00% | −35,398−76.8% | Reduced |
| Occudo Quantitative Strategies LP | 10,616 | $861.7K | 0.06% | +10,616 | New |
| First Trust Advisors LP | 10,501 | $852.4K | 0.00% | −39,988−79.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 10,303 | $836.3K | 0.01% | −458−4.3% | Reduced |
| State of Wisconsin Investment Board | 10,209 | $828.7K | 0.00% | −6,454−38.7% | Reduced |
| Vision Financial Markets LLC | 10,150 | $823.9K | 0.84% | −100−1.0% | Reduced |
| Walleye Trading LLC | 10,037 | $814.7K | 0.01% | +10,037 | New |
| Teachers Retirement System of the State of Kentucky | 9,981 | $810.0K | 0.01% | −1,320−11.7% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 9,966 | $808.9K | 0.00% | −284−2.8% | Reduced |
| Quadrant Capital Group LLC | 9,783 | $794.1K | 0.02% | −267−2.7% | Reduced |
| State of Tennessee, Treasury Department | 8,949 | $792.6K | 0.00% | −7,237−44.7% | Reduced |
| Harbor Capital Advisors, Inc. | 9,424 | $765.0K | 0.06% | −791−7.7% | Reduced |
| Handelsbanken Fonder AB | 9,400 | $763.0K | 0.00% | +500+5.6% | Added |
| White Pine Capital LLC | 9,263 | $751.9K | 0.21% | +4,282+86.0% | Added |
| Oregon Public Employees Retirement Fund | 9,186 | $745.6K | 0.01% | +150+1.7% | Added |
| Wiley Bros.-Aintree Capital, LLC | 8,977 | $728.7K | 0.00% | −87−1.0% | Reduced |
| Yousif Capital Management, LLC | 7,038 | $683.8K | 0.01% | −1,384−16.4% | Reduced |
| KLP Kapitalforvaltning AS | 8,200 | $665.6K | 0.00% | +300+3.8% | Added |
| Pathstone Holdings, LLC | 8,033 | $652.0K | 0.00% | −2,935−26.8% | Reduced |
| Nautilus Advisors LLC | 8,020 | $651.0K | 0.43% | 00.0% | Unchanged |
| ProShare Advisors LLC | 7,578 | $615.1K | 0.00% | +226+3.1% | Added |
| Graham Capital Management, L.P. | 7,534 | $611.5K | 0.02% | +7,534 | New |
| Adviser Investments LLC | 7,524 | $610.7K | 0.01% | −30.0% | Reduced |
| Quantinno Capital Management LP | 7,327 | $594.7K | 0.00% | +1,724+30.8% | Added |
| Advisor Group Holdings, Inc. | 7,264 | $589.6K | 0.00% | +779+12.0% | Added |
| Trifecta Capital Advisors, LLC | 7,200 | $584.4K | 0.09% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 7,145 | $580.0K | 0.00% | −343−4.6% | Reduced |
| Man Group plc | 7,023 | $570.1K | 0.00% | −448,831−98.5% | Reduced |
| Truvestments Capital LLC | 6,961 | $565.0K | 0.10% | −20.0% | Reduced |
| HighTower Advisors, LLC | 6,837 | $555.0K | 0.00% | −309−4.3% | Reduced |
| The PNC Financial Services Group, Inc. | 6,805 | $552.4K | 0.00% | +866+14.6% | Added |
| Janney Montgomery Scott LLC | 6,590 | $535.0K | 0.00% | −8,842−57.3% | Reduced |
| Comerica Bank | 6,517 | $528.9K | 0.00% | −690−9.6% | Reduced |
| Amundi | 6,365 | $516.6K | 0.00% | −1,291−16.9% | Reduced |
| Gamco Investors, Inc. Et Al | 6,317 | $512.8K | 0.00% | −2,479−28.2% | Reduced |
| Formidable Asset Management, LLC | 5,417 | $507.1K | 0.07% | −3,544−39.5% | Reduced |
| Steward Partners Investment Advisory, LLC | 6,218 | $504.7K | 0.00% | +22+0.4% | Added |
| D.B. Root & Company, LLC | 6,141 | $498.5K | 0.12% | −96−1.5% | Reduced |
| Simplex Trading, LLC | 6,113 | $496.2K | 0.01% | −10,103−62.3% | Reduced |
| Maryland State Retirement & Pension System | 5,905 | $479.3K | 0.01% | +119+2.1% | Added |
| Leonteq Securities AG | 5,874 | $476.8K | 0.03% | +3,244+123.3% | Added |
| Bessemer Group Inc | 5,845 | $475.0K | 0.00% | +792+15.7% | Added |
| Pictet Asset Management Holding SA | 5,817 | $472.2K | 0.00% | +567+10.8% | Added |
| Victory Capital Management Inc | 5,800 | $470.8K | 0.00% | −10.0% | Reduced |
| Keybank National Association | 5,781 | $469.2K | 0.00% | −19−0.3% | Reduced |
| Great Lakes Advisors, LLC | 5,730 | $465.1K | 0.00% | 00.0% | Unchanged |