| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 14% | $522,021,718 | 5,747,239 | BlackRock, Inc. | 31 Mar 2025 | |||
| WELLINGTON MANAGEMENT GROUP LLP | 7.4% | +17% | $295,176,728 | +$40,084,902 | 2,998,240 | +16% | Wellington Management Group LLP | 31 Dec 2025 |
As of 31 Dec 2025, 351 institutional investors reported holding 42,644,215 shares of Shake Shack Inc. - Common Stock (SHAK). This represents 105% of the company’s total 40,516,757 outstanding shares.
The largest institutional shareholders of Shake Shack Inc. - Common Stock (SHAK) together control 79% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 14% | 5,756,872 | -2.7% | 0.01% | $467,285,282 |
| VANGUARD GROUP INC | 11% | 4,313,524 | -0.46% | 0.01% | $350,128,743 |
| WELLINGTON MANAGEMENT GROUP LLP | 7.4% | 2,982,935 | +15% | 0.04% | $242,124,833 |
| 12 West Capital Management LP | 4.8% | 1,963,595 | +12% | 19% | $159,385,006 |
| STATE STREET CORP | 3.6% | 1,442,060 | -0.32% | 0% | $117,052,010 |
| MORGAN STANLEY | 3.2% | 1,313,152 | -5.3% | 0.01% | $106,588,670 |
| GILDER GAGNON HOWE & CO LLC | 3.1% | 1,269,116 | -2.8% | 1.1% | $103,014,118 |
| UBS Group AG | 2.7% | 1,094,570 | +28% | 0.02% | $88,846,247 |
| Squarepoint Ops LLC | 2.7% | 1,075,175 | -3.9% | 0.18% | $87,271,955 |
| Swedbank AB | 2.6% | 1,036,000 | 0.08% | $84,092,120 | |
| Van Berkom & Associates Inc. | 2.3% | 923,347 | +28% | 2.2% | $74,948,000 |
| CITADEL ADVISORS LLC | 2.3% | 923,213 | +4.9% | 0.05% | $74,937,199 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.3% | 920,206 | -0.04% | 0% | $74,706,143 |
| BANK OF AMERICA CORP /DE/ | 2% | 813,689 | -33% | 0% | $66,047,135 |
| Fisher Asset Management, LLC | 1.7% | 702,101 | +2.9% | 0.02% | $56,989,537 |
| DIMENSIONAL FUND ADVISORS LP | 1.6% | 653,672 | +3.9% | 0.01% | $53,055,156 |
| JPMORGAN CHASE & CO | 1.5% | 622,775 | -22% | 0% | $50,550,647 |
| JENNISON ASSOCIATES LLC | 1.5% | 588,325 | +4.5% | 0.03% | $47,754,339 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1.4% | 576,095 | +45% | 0.05% | $46,762,000 |
| GOLDMAN SACHS GROUP INC | 1.4% | 561,153 | +23% | 0.01% | $45,548,789 |
| CANADA PENSION PLAN INVESTMENT BOARD | 1.3% | 545,700 | +231% | 0.03% | $44,294,469 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.2% | 503,000 | 0.06% | $40,828,510 | |
| FMR LLC | 1.1% | 465,322 | +50% | 0% | $37,770,173 |
| RAYMOND JAMES FINANCIAL INC | 1.1% | 460,558 | +22% | 0.01% | $37,147,816 |
| NORTHERN TRUST CORP | 0.96% | 390,103 | -5.6% | 0% | $31,664,662 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 42,644,215 | $3,461,524,422 | +$107,083,517 | $81.17 | 351 |
| 2025 Q3 | 41,508,124 | $3,885,578,778 | -$283,180,621 | $93.61 | 352 |
| 2025 Q2 | 42,828,502 | $6,020,460,862 | +$295,780,629 | $140.60 | 386 |
| 2025 Q1 | 41,320,385 | $3,643,682,165 | +$71,036,051 | $88.17 | 367 |
| 2024 Q4 | 39,658,891 | $5,147,819,684 | +$119,385,526 | $129.80 | 368 |
| 2024 Q3 | 38,679,896 | $3,997,036,987 | +$95,504,610 | $103.21 | 342 |
| 2024 Q2 | 37,968,895 | $3,416,601,300 | +$137,019,249 | $90.00 | 341 |
| 2024 Q1 | 36,261,371 | $3,772,615,234 | +$6,788,784 | $104.03 | 345 |
| 2023 Q4 | 36,378,815 | $2,696,406,952 | +$32,622,732 | $74.12 | 280 |
| 2023 Q3 | 35,713,597 | $2,074,185,870 | -$7,573,475 | $58.07 | 291 |
| 2023 Q2 | 35,164,388 | $2,732,917,093 | -$2,666,577 | $77.72 | 279 |
| 2023 Q1 | 35,604,085 | $1,975,664,468 | +$91,947,390 | $55.49 | 257 |
| 2022 Q4 | 34,286,610 | $1,424,203,092 | -$58,357,822 | $41.53 | 247 |
| 2022 Q3 | 35,517,102 | $1,598,157,842 | +$34,917,083 | $44.98 | 240 |
| 2022 Q2 | 34,787,316 | $1,373,831,542 | -$9,726,899 | $39.48 | 225 |
| 2022 Q1 | 33,858,286 | $2,293,033,814 | -$13,514,080 | $67.90 | 261 |
| 2021 Q4 | 34,067,466 | $2,457,514,207 | -$39,665,748 | $72.16 | 262 |
| 2021 Q3 | 34,291,546 | $2,690,580,400 | -$91,164,201 | $78.46 | 259 |
| 2021 Q2 | 35,132,289 | $3,759,272,313 | -$63,570,900 | $107.02 | 249 |
| 2021 Q1 | 35,681,238 | $4,023,759,253 | -$126,983,800 | $112.77 | 269 |
| 2020 Q4 | 37,220,088 | $3,155,582,514 | -$16,299,863 | $84.78 | 265 |
| 2020 Q3 | 37,407,747 | $2,412,536,376 | -$34,570,199 | $64.48 | 240 |
| 2020 Q2 | 38,366,257 | $2,032,438,171 | +$281,380,354 | $52.98 | 230 |
| 2020 Q1 | 33,603,056 | $1,268,101,638 | +$80,293,492 | $37.74 | 186 |
| 2019 Q4 | 30,138,868 | $1,796,134,093 | -$130,151,644 | $59.57 | 199 |
| 2019 Q3 | 31,112,704 | $3,046,490,821 | -$20,702,265 | $98.04 | 235 |
| 2019 Q2 | 31,661,420 | $2,286,162,321 | +$105,970,282 | $72.20 | 208 |
| 2019 Q1 | 31,429,219 | $1,858,951,461 | +$59,598,689 | $59.15 | 198 |
| 2018 Q4 | 30,704,246 | $1,394,000,033 | -$34,075,596 | $45.42 | 187 |
| 2018 Q3 | 30,497,160 | $1,921,284,681 | -$110,513,798 | $63.01 | 184 |
| 2018 Q2 | 32,205,741 | $2,130,798,864 | +$67,479,575 | $66.18 | 185 |
| 2018 Q1 | 31,334,593 | $1,304,479,803 | +$43,646,234 | $41.63 | 157 |
| 2017 Q4 | 30,192,186 | $1,304,434,303 | +$593,117 | $43.20 | 157 |
| 2017 Q3 | 30,553,873 | $1,015,328,467 | +$14,091,542 | $33.23 | 141 |
| 2017 Q2 | 30,627,604 | $1,068,267,550 | +$135,608,870 | $34.88 | 152 |
| 2017 Q1 | 26,674,824 | $891,606,092 | +$154,516,938 | $33.40 | 143 |
| 2016 Q4 | 24,177,361 | $865,337,745 | +$14,242,582 | $35.79 | 144 |
| 2016 Q3 | 23,612,470 | $818,648,290 | +$40,034,618 | $34.67 | 134 |
| 2016 Q2 | 22,370,908 | $814,976,774 | +$151,208,764 | $36.43 | 121 |
| 2016 Q1 | 18,189,554 | $678,799,381 | -$25,535,893 | $37.32 | 120 |
| 2015 Q4 | 18,369,539 | $727,422,365 | +$169,021,335 | $39.60 | 116 |
| 2015 Q3 | 13,992,439 | $663,029,474 | +$99,559,828 | $47.40 | 109 |
| 2015 Q2 | 11,861,774 | $714,644,678 | -$21,675,376 | $60.27 | 92 |
| 2015 Q1 | 12,283,207 | $614,559,111 | +$591,552,106 | $50.05 | 87 |