Vault-13

SHAKE SHACK INC SHAK 0 03.01.28

NOTE 3/0 · US DOMESTIC · CUSIP 819047AB7

31 institutional holders +3 vs Q1 2026
48,00048.0k shares reported held*
$226.8mreported value*
8 new 5 added 3 reduced 5 sold out net bought ≈ $3.0m (-267.0k 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 ($74.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4726.69.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 40Q4 22: 40Q1 23: 34Q2 23: 35Q3 23: 39Q4 23: 44Q1 24: 45Q2 24: 50Q3 24: 44Q4 24: 44Q1 25: 40Q2 25: 43Q3 25: 39Q4 25: 33Q1 26: 28Q2 26: 3131Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202240
Q4 202240
Q1 202334
Q2 202335
Q3 202339
Q4 202344
Q1 202445
Q2 202450
Q3 202444
Q4 202444
Q1 202540
Q2 202543
Q3 202539
Q4 202533
Q1 202628
Q2 202631

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 18 bought or addedQ3 24: 19 cut or sold outQ4 24: 16 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 15 cut or sold outQ2 25: 15 bought or addedQ2 25: 14 cut or sold outQ2 25Q3 25: 18 bought or addedQ3 25: 14 cut or sold outQ4 25: 7 bought or addedQ4 25: 21 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 9 cut or sold outQ2 26: 13 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241819
Q4 20241613
Q1 20251715
Q2 20251514
Q3 20251814
Q4 2025721
Q1 2026119
Q2 2026138

Biggest buyers

BANK OF AMERICA CORP /DE/ New +2,912,000+2.9m
ADVENT CAPITAL MANAGEMENT /DE/ Added +2,417,000+2.4m
PALISADE CAPITAL MANAGEMENT, LP Added +2,400,000+2.4m
BlackRock, Inc. Added +900,000+900.0k
OAKTREE CAPITAL MANAGEMENT LP New +270,000+270.0k
Russell Investments Group, Ltd. New +128,000+128.0k
WELLS FARGO & COMPANY/MN Added +74,000+74.0k
INSIGNEO ADVISORY SERVICES, LLC New +16,000+16.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +15,000+15.0k
COMMONWEALTH EQUITY SERVICES, LLC New +15,000+15.0k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Sold out -1,900,000-1.9m
JPMORGAN CHASE & CO Sold out -1,680,000-1.7m
AGF MANAGEMENT LTD Sold out -1,125,000-1.1m
NEUBERGER BERMAN GROUP LLC Reduced -400,000-400.0k
TORONTO DOMINION BANK Sold out -312,000-312.0k
SSI INVESTMENT MANAGEMENT LLC Sold out -297,000-297.0k
Calamos Advisors LLC Reduced -152,000-152.0k
Pinnacle Holdings, LLC Reduced -40,000-40.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.63% of their portfolio NEW YORK, NY 122,919,000122.9m $115.3m $115.3m 1.63% Unchanged
2 DeepCurrents Investment Group LLC 1.22% of their portfolio NEW YORK, NY 38,269,00038.3m $35.5m $35.5m 1.22% Unchanged
3 Opti Capital Management, LP 1.47% of their portfolio New York, NY 25,768,00025.8m $24.1m $24.1m 1.47% Unchanged
4 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 10,888,00010.9m $10.1m $10.1m 0.04% Reduced -152.0k -152,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.21% of their portfolio NEW YORK, NY 9,689,0009.7m $9.0m $9.0m 0.21% Added +2.4m +2,417,000
6 PALISADE CAPITAL MANAGEMENT, LP 0.31% of their portfolio FORT LEE, NJ 7,635,0007.6m $7.1m $7.1m 0.31% Added +2.4m +2,400,000
7 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 6,070,0006.1m $5.6m $5.6m 0.00% Reduced -400.0k -400,000
8 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,750,0004.8m $4.4m $4.4m 0.00% Added +900.0k +900,000
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,912,0002.9m $2.7m $2.7m 0.00% New
10 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 2,000,0002.0m $1.9m $1.9m 0.01% Unchanged
11 KIM, LLC 0.25% of their portfolio WICHITA, KS 2,000,0002.0m $1.9m $1.9m 0.25% Unchanged
12 Pinnacle Holdings, LLC 0.49% of their portfolio TULSA, OK 1,715,0001.7m $1.6m $1.6m 0.49% Reduced -40.0k -40,000
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 620,000620.0k $587.5k $587.5k 0.00% Added +74.0k +74,000
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 533,000533.0k $495.0k $495.0k 0.00% Unchanged
15 OAKTREE CAPITAL MANAGEMENT LP 0.00% of their portfolio LOS ANGELES, CA 270,000270.0k $252.1k $252.1k 0.00% New
16 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 195,000195.0k $181.1k $181.1k 0.00% Unchanged
17 Calamos Wealth Management LLC 0.00% of their portfolio NAPERVILLE, IL 147,000147.0k $136.6k $136.6k 0.00% Added +3.0k +3,000
18 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 128,000128.0k $118.9k $118.9k 0.00% New
19 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 64,00064.0k $59.4k $59.4k 0.00% Unchanged
20 Selective Wealth Management, Inc. 0.01% of their portfolio FOREST, VA 29,00029.0k $26.8k $26.8k 0.01% Unchanged
21 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 18,15018.1k $1.7m $1.7m 0.00% Unchanged
22 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 17,00017.0k $15.7k $15.7k 0.01% Unchanged
23 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 16,00016.0k $14.9k $14.9k 0.00% New
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 15,00015.0k $13.9k $13.9k 0.00% New
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 15,00015.0k $14.0k $14.0k 0.00% New
26 Morse Asset Management, Inc 0.00% of their portfolio DARIEN, CT 15,00015.0k $13.8k $13.8k 0.00% New
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,00010.0k $9.0k $9.0k 0.00% Unchanged
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,0007.0k $6.6k $6.6k 0.00% New
29 Chicago Capital Management, LLC 3.53% of their portfolio CHICAGO, IL 4,1894.2k $4.0m $4.0m 3.53% Unchanged
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5001.5k $1.4k $1.4k 0.00% Unchanged
31 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $929 $929 0.00% Unchanged