Vault-13

SHAKE SHACK INC SHAK 0 03.01.28

NOTE 3/0 · US DOMESTIC · CUSIP 819047AB7

50 institutional holders +5 vs Q1 2024
34,925,50034.9m shares reported held*
$209.5mreported value*
7 new 7 added 17 reduced 2 sold out net bought ≈ $5.6m (-797.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.10.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 40Q4 22: 40Q1 23: 34Q2 23: 35Q3 23: 39Q4 23: 44Q1 24: 45Q2 24: 5050Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202240
Q4 202240
Q1 202334
Q2 202335
Q3 202339
Q4 202344
Q1 202445
Q2 202450

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 13 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 8 bought or addedQ1 23: 23 cut or sold outQ2 23: 14 bought or addedQ2 23: 12 cut or sold outQ2 23Q3 23: 15 bought or addedQ3 23: 11 cut or sold outQ4 23: 22 bought or addedQ4 23: 13 cut or sold outQ4 23Q1 24: 23 bought or addedQ1 24: 20 cut or sold outQ2 24: 14 bought or addedQ2 24: 19 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221320
Q1 2023823
Q2 20231412
Q3 20231511
Q4 20232213
Q1 20242320
Q2 20241419

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +14,150,000+14.2m
OAKTREE CAPITAL MANAGEMENT LP Added +3,481,000+3.5m
Nicholas Investment Partners, LP New +2,500,000+2.5m
TORONTO DOMINION BANK Added +2,005,000+2.0m
Pinnacle Holdings, LLC New +1,794,000+1.8m
FRANKLIN RESOURCES INC Added +891,000+891.0k
SSI INVESTMENT MANAGEMENT LLC Added +469,000+469.0k
WELLS FARGO & COMPANY/MN Added +98,000+98.0k
CITIGROUP INC Added +31,000+31.0k
CHOREO, LLC New +21,000+21.0k

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -7,200,000-7.2m
CSS LLC/IL Reduced -2,738,000-2.7m
Pinnacle Holdings, LLC Sold out -1,809,000-1.8m
Amundi Reduced -1,700,000-1.7m
TWO SIGMA INVESTMENTS, LP Reduced -1,500,000-1.5m
BANK OF AMERICA CORP /DE/ Reduced -1,330,100-1.3m
BARCLAYS PLC Reduced -1,035,000-1.0m
NEW YORK STATE COMMON RETIREMENT FUND Reduced -487,000-487.0k
TRUIST FINANCIAL CORP Reduced -343,000-343.0k
WELLINGTON MANAGEMENT GROUP LLP Reduced -225,000-225.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAMDEN ASSET MANAGEMENT L P /CA 0.86% of their portfolio Los Angeles, CA 33,028,00033.0m $28.6m $28.6m 0.86% Unchanged
2 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 27,330,00027.3m $23.7m $23.7m 0.12% Unchanged
3 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 19,848,00019.8m $17.2m $17.2m 0.03% Reduced -184.0k -184,000
4 ADVENT CAPITAL MANAGEMENT /DE/ 0.42% of their portfolio NEW YORK, NY 19,718,00019.7m $17.2m $17.2m 0.42% Reduced -7.2m -7,200,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.25% of their portfolio NEW YORK, NY 18,150,00018.1m $15.7m $15.7m 0.25% Added +14.2m +14,150,000
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,359,90015.4m $13.3m $13.3m 0.00% Reduced -1.3m -1,330,100
7 DeepCurrents Investment Group LLC 0.44% of their portfolio NEW YORK, NY 12,676,00012.7m $11.0m $11.0m 0.44% Unchanged
8 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 11,701,00011.7m $10.2m $10.2m 0.00% Added +891.0k +891,000
9 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 9,873,0009.9m $8.5m $8.5m 0.02% Reduced -1.5m -1,500,000
10 OAKTREE CAPITAL MANAGEMENT LP 0.15% of their portfolio LOS ANGELES, CA 9,703,0009.7m $8.4m $8.4m 0.15% Added +3.5m +3,481,000
11 SSI INVESTMENT MANAGEMENT LLC 0.47% of their portfolio Los Angeles, CA 7,143,0007.1m $6.2m $6.2m 0.47% Added +469.0k +469,000
12 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 6,983,0007.0m $6.1m $6.1m 0.01% Added +2.0m +2,005,000
13 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 3,995,0004.0m $3.5m $3.5m 0.03% Unchanged
14 ANGELO GORDON & CO., L.P. 1.06% of their portfolio NEW YORK, NY 3,000,0003.0m $2.6m $2.6m 1.06% Unchanged
15 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 2,726,0002.7m $2.4m $2.4m 0.00% Reduced -487.0k -487,000
16 Nicholas Investment Partners, LP 0.22% of their portfolio RANCHO SANTA FE, CA 2,500,0002.5m $2.2m $2.2m 0.22% New
17 Amundi 0.00% of their portfolio Paris, I0 1,800,0001.8m $1.5m $1.5m 0.00% Reduced -1.7m -1,700,000
18 Pinnacle Holdings, LLC 0.62% of their portfolio TULSA, OK 1,794,0001.8m $1.5m $1.5m 0.62% New
19 BlackRock Inc. 0.00% of their portfolio New York, NY 1,750,0001.8m $1.5m $1.5m 0.00% Unchanged
20 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 1,745,0001.7m $1.5m $1.5m 0.00% Reduced -75.0k -75,000
21 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,329,0001.3m $1.1m $1.1m 0.00% Reduced -225.0k -225,000
22 OFI INVEST ASSET MANAGEMENT 0.03% of their portfolio ISSY LES MOULINEAUX, I0 1,200,0001.2m $952.7k $952.7k 0.03% Reduced -1.2k -1,200
23 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 657,000657.0k $568.3k $568.3k 0.00% Reduced -343.0k -343,000
24 SHENKMAN CAPITAL MANAGEMENT INC 0.05% of their portfolio NEW YORK, NY 609,000609.0k $529.8k $529.8k 0.05% Reduced -59.0k -59,000
25 Liberty Mutual Group Asset Management Inc. 0.06% of their portfolio Boston, MA 450,000450.0k $389.2k $389.2k 0.06% Unchanged
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 431,000431.0k $372.8k $372.8k 0.00% Reduced -187.0k -187,000
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 413,000413.0k $356.9k $356.9k 0.00% Added +98.0k +98,000
28 Central Pacific Bank - Trust Division 0.04% of their portfolio HONOLULU, HI 391,000391.0k $338.2k $338.2k 0.04% Unchanged
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 290,000290.0k $250.8k $250.8k 0.00% Added +31.0k +31,000
30 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 262,000262.0k $227.2k $227.2k 0.02% Reduced -2.7m -2,738,000
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 142,000142.0k $122.7k $122.7k 0.00% Reduced -1.0m -1,035,000
32 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 103,000103.0k $89.1k $89.1k 0.00% Reduced -49.0k -49,000
33 Oaktree Fund Advisors, LLC 0.04% of their portfolio LOS ANGLES, CA 50,00050.0k $43.5k $43.5k 0.04% Unchanged
34 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 34,00034.0k $29.4k $29.4k 0.00% Unchanged
35 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 21,00021.0k $17.9k $17.9k 0.00% New
36 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 17,00017.0k $14.5k $14.5k 0.01% Unchanged
37 Context Capital Management, LLC 0.53% of their portfolio LAJOLLA, CA 16,80516.8k $14.6m $14.6m 0.53% Reduced -708 -708
38 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 14,00014.0k $12.1k $12.1k 0.00% Unchanged
39 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 13,00013.0k $11.2k $11.2k 0.00% New
40 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 11,00011.0k $10.1k $10.1k 0.00% Unchanged
41 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 10,27010.3k $886.0k $886.0k 0.01% Reduced -13.2k -13,200
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,00010.0k $9.0k $9.0k 0.00% Unchanged
43 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 10,00010.0k $8.8k $8.8k 0.00% New
44 Alpine Global Management, LLC 0.98% of their portfolio NEW YORK, NY 6,5006.5k $5.6m $5.6m 0.98% Unchanged
45 Chicago Capital Management, LLC 2.80% of their portfolio CHICAGO, IL 4,1894.2k $3.6m $3.6m 2.80% Unchanged
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,0004.0k $3.4k $3.4k 0.00% Unchanged
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $1.7k $1.7k 0.00% Unchanged
48 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $865 $865 0.00% New
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $865 $865 0.00% New
50 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged