Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Shake Shack Inc (SHAK)

368 + Investors. Track Smart Money conviction in SHAK. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
2Q ▲
Buyers last Q
51%

Smart Money Signals — SHAK

Based on 372 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added SHAK than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
372 hedge funds hold SHAK right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding SHAK is almost the same as a year ago (+7 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

197 buying187 selling
Last quarter: 197 funds bought or added vs 187 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 88 → 40 → 72 → 66. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 18% medium ■ 22% new
225 out of 372 hedge funds have held SHAK for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~66 new funds/quarter

69 → 88 → 40 → 72 → 66 new funds/Q
New funds entering each quarter: 88 → 40 → 72 → 66. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Entry-cohort mix of 399 holders: 264 (66%) are 2+ year veterans, 44 entered 1–2 years ago, and 91 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
54 of 368 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SHAK

In 2026 Q1, 197 hedge funds were net buyers of SHAK (66 opened a new position, 131 added to an existing one), while 187 reduced or exited (133 trimmed, 54 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 37% of total institutional value in SHAK is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 372.

Hedge Fund Ownership: SHAK

How many hedge funds hold SHAK — quarterly history vs. share price
Quarterly hedge fund ownership of SHAK vs. share price

Market Analysis: SHAK

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SHAK

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Shake Shack Inc (SHAK) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SHAK has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
SHAK
-33.5%
XLY
nan%

SHAK outperformed XLY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
SHAK
-2.7%
XLY
nan%

Since the filing became public, SHAK outperformed XLY by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 1 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: SHAK
368 + Investors

Track Smart Money conviction in SHAK. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 368 360 2.22%
13F Shares 44M 45M -3.71%
Total Value $3.74B $3.69B 1.58%
New Positions 64 72 -8
Increased Positions 123 104 +19
Closed Positions 56 61 -5
Reduced Positions 125 141 -16
Total Calls 14 17 -17.65%
Total Puts 17 20 -15.0%
PUT/CALL Ratio 1.21 1.18 Bearish

Statistics: SHAK

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

368 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SHAK. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SHAK holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 12 West Capital Management LP 18.57% 1,243,595 $110.0M
2 Anomaly Capital Management, LP 5.47% 1,021,608 $90.4M
3 Cooper Investors Pty Ltd 3.58% 99,403 $8.8M
4 Aperture Investors, LLC 3.29% 294,582 $26.1M
5 Think Investments LP 2.07% 178,100 $15.8M
6 Gilder Gagnon Howe & Co LLC 1.23% 1,155,577 $102.2M
7 Cornerstone Capital, Inc. 1.14% 128,544 $11.4M
8 Nano Cap New Millennium Growth Fund L P 1.12% 13,500 $1.2M
9 Cannell & Spears LLC 0.79% 452,694 $40.0M
10 Vision Financial Markets LLC 0.72% 8,350 $739K
11 Junto Capital Management LP 0.70% 375,538 $33.2M
12 GDS Wealth Management 0.65% 122,263 $10.8M
13 Future Fund LLC 0.60% 19,129 $1.7M
14 DKRT Investments Corp. 0.56% 25,000 $2.2M
15 Pier Capital, LLC 0.52% 35,573 $3.1M
16 Lisanti Capital Growth, LLC 0.52% 23,250 $2.1M
17 Oberweis Asset Management Inc/ 0.49% 187,570 $16.6M
18 Nautilus Advisors LLC 0.49% 8,002 $708K
19 Aigen Investment Management, LP 0.46% 20,331 $1.8M
20 Quinn Opportunity Partners LLC 0.39% 85,478 $7.6M
21 Bridge City Capital, LLC 0.36% 14,528 $1.3M
22 Blueshift Asset Management, LLC 0.34% 12,641 $1.1M
23 Landscape Capital Management, L.L.C. 0.29% 52,152 $4.6M
24 Twinbeech Capital LP 0.29% 31,888 $2.8M
25 Wasatch Advisors LP 0.24% 407,283 $36.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Shake Shack Inc (SHAK)

What does the Smart Money Trend signal show for SHAK?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added SHAK than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SHAK?

Slight buying edge — 51% buying: Last quarter: 197 funds bought or added vs 187 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SHAK holders?

Strong quality — 37% AUM from major funds: 54 of 368 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SHAK?

60% of holders stayed for 2+ years: 225 out of 372 hedge funds have held SHAK for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Shake Shack Inc (SHAK) following the 2026 Q1 hedge fund 13F filings?

As of today, SHAK has moved -2.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), SHAK has gained -33.5% vs nan% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →