SHAK
Shake Shack Inc. · Consumer Cyclical · Restaurants
Momentum inputs (comparable managers):
holder breadth +6.7% ·
share flow -5.2% ·
net new positions +6.2%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 105 | -6 | 27.20M | $1.52B | +14 | −21 |
| Q1 2026 | 115 | -6 | 30.12M | $2.66B | +5 | −12 |
| Q4 2025 | 121 | +3 | 33.78M | $2.74B | +4 | — |
| Q3 2025 | 19 | 0 | 21.79M | $2.04B | — | −1 |
| Q2 2025 | 17 | -2 | 18.46M | $2.60B | — | −2 |
| Q1 2025 | 16 | -1 | 7.52M | $663.17M | +1 | −2 |
| Q4 2024 | 17 | 0 | 5.89M | $764.82M | — | — |
| Q3 2024 | 16 | +1 | 4.94M | $510.32M | +1 | — |
| Q2 2024 | 15 | — | 5.22M | $469.50M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Wellington Management ✦ | 1.22M | -4.7% | $126.07M | 0.0% | ▼ Trim | 2 | SEC ↗ ×5 |
| 2 | Geode Capital Management ✦ (passive) | 876.38K | +3.1% | $90.47M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 3 | Point72 Asset Management ✦ | 650.68K | +154.8% | $67.16M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 4 | Marshall Wace ✦ | 512.47K | -5.8% | $52.89M | 0.1% | ▼ Trim | 2 | SEC ↗ ×2 |
| 5 | Renaissance Technologies ✦ | 457.80K | +4.6% | $47.25M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 6 | Fisher Asset Management ✦ | 354.11K | +4.8% | $36.55M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 7 | Two Sigma Investments ✦ | 325.67K | -42.5% | $33.61M | 0.1% | ▼ Trim | 2 | SEC ↗ |
| 8 | Citadel Advisors ✦ | 315.86K | +65.6% | $32.60M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 9 | Norges Bank ✦ (passive) | 136.73K | -33.1% | $14.11M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 10 | AQR Capital Management ✦ | 27.67K | +21.3% | $2.86M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 11 | T. Rowe Price ✦ | 22.53K | +1.6% | $2.33M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 12 | Millennium Management ✦ | 17.43K | -89.9% | $1.80M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 13 | GAMCO Investors ✦ | 10.53K | -0.9% | $1.09M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 14 | Bridgewater Associates ✦ | 9.80K | -12.3% | $1.01M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 15 | Gotham Asset Management ✦ | 2.63K | New | $271,752 | 0.0% | New | 1 | SEC ↗ |
| 16 | D. E. Shaw & Co. ✦ | 2.54K | -99.2% | $262,153 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Gotham Asset Management | $271,752 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 368 holders, 41.78M shares, $3.57B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.