Aquatic Capital Management LLC SHAK — SHAKE SHACK INC

Ownership history in Aquatic Capital Management LLC  ·  16 quarters on record

AI Ownership Summary

Aquatic Capital Management LLC reported SHAKE SHACK INC (SHAK) in 16 quarterly 13F filings from 2023 Q4 through 2025 Q3. Peak portfolio weight reached 0.21% in 2025 Q2. The latest visible filing shows SHAK at 0.08% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this SHAK ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Aquatic Capital Management LLC's position in SHAKE SHACK INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

SHAK was reported at 0.08% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.21% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

SHAK stock page Aquatic Capital Management LLC fund profile Aquatic Capital Management LLC full holdings
How Aquatic Capital Management LLC held SHAK — position size vs. price
% of Fund (quarterly)    SHAK price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 8 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED 40.8% -12.5% ✅ 43,341 -29,879 -40.8% 0.08% $4.1M 2025-11-14 $90.54
2025 Q2 ADDED — — — 73,220 +57,323 +360.6% 0.21% $10.3M 2025-08-14 $105.64
2025 Q1 ADDED — — — 15,897 +3,171 +24.9% 0.04% $1.4M 2025-05-15 $117.09
2024 Q4 REDUCED 76.7% -32.1% ✅ 12,726 -41,974 -76.7% 0.04% $1.7M 2025-02-14 $108.40
2024 Q3 ADDED — — — 54,700 +33,700 +160.5% 0.15% $5.6M 2024-11-14 $124.07
2024 Q2 REDUCED 38.6% +14.7% ❌ 21,000 -13,200 -38.6% 0.07% $1.9M 2024-08-14 $104.41
2024 Q1 REDUCED 61.6% -16.8% ✅ 34,200 -54,800 -61.6% 0.12% $3.6M 2024-05-15 $102.83
2023 Q4 ADDED — — — 89,000 +84,700 +1969.8% 0.17% $6.6M 2024-02-14 $78.07
8 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding SHAK

As of 2026 Q1 — sorted by position size

12 West Capital Management LP 3Y 7Y 18.57% Anomaly Capital Management, LP 3Y 5.47% COOPER INVESTORS PTY LTD 3.58% Aperture Investors, LLC 3Y 3.29% Van Berkom & Associates Inc. 3Y 7Y 2.48% Think Investments LP 3Y 7Y 2.07% Bullseye Asset Management LLC 3Y 1.48% GILDER GAGNON HOWE & CO LLC 3Y 7Y 1.23% Cornerstone Capital, Inc. 3Y 7Y 1.14% NANO CAP NEW MILLENNIUM GROWTH FUND L P 1.12%

FAQ About Aquatic Capital Management LLC and SHAK

These are the practical questions this page is built to answer before you even open the full history table.

How long has Aquatic Capital Management LLC reported owning SHAK?

Aquatic Capital Management LLC reported SHAK across 8 quarterly 13F filings, from 2023 Q4 through 2025 Q3.

What was the largest reported SHAK position in Aquatic Capital Management LLC's portfolio?

The largest reported portfolio weight for SHAK was 0.21% in 2025 Q2.

What is the latest reported SHAK position on this page?

The most recent filing on this page is 2025 Q3, when Aquatic Capital Management LLC reported 43,341 shares, equal to 0.08% of portfolio, with an estimated market value of $4.1M.

What does the chart on this SHAK ownership page compare?

The chart compares Aquatic Capital Management LLC's quarterly SHAK portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Aquatic Capital Management LLC time their SHAK position?

Based on 13F filing dates vs. subsequent SHAK price moves, Aquatic Capital Management LLC correctly timed 4 out of 15 reported position changes (27%). The annualised alpha on SHAK relative to SPY over the holding period was -7.7%.

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