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SHAK Shake Shack Inc.

Consumer Discretionary, filed as SHAKE SHACK INC (CL A), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

Bought by 1 manager in 2026 Q2, sold by 2

  • 1 Owner
  • Max 0.1%
  • $58M
  • 1 new 2 exits

In 2026 Q2 Ron Baron opened a position in Shake Shack, while Ben Jacobs and Polen Capital Management sold out.

Who owns this now

Largest portfolio weights among holders, up to 0.1% (Ron Baron, Bamco Inc. (Baron Capital)). Not free-float ownership.

  1. Ron Baron New 0.09%

Who owns SHAK

Sorted by value, long equity only, as of 2026 Q2.

History
Ron Baron, Bamco Inc. (Baron Capital) 0.09% New 0.09% 1,035,680 $58M History
Ben Jacobs, Anomaly Capital Management exited 2026 Q2 Last 2026 Q1 5.5% Exit −5.47% 1,021,608 $90M History
Polen Capital Management exited 2026 Q2 Last 2026 Q1 0.01% Exit −0.01% 18,840 $1.7M History

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by SHAK's executives, directors and 10% owners in the last 12 months, from their Form 4s

All SHAK insider trades
  • $3.2M bought by 6 insiders
  • None no sales outside a trading plan
  • $178K sold by 1 insider under 10b5-1 plans
  1. Robert Lynch CEO
    Buy
    $302K 5,000 shares at $60.39 +6.9% to stake
    Traded May 15 Filed May 18
  2. Sumaiya Balbale Director
    Buy
    $250K 4,068 shares at $61.42 +44% to stake
    Traded May 15 Filed May 18
  3. Josh Silverman Director
    Buy
    $501K 8,290 shares at $60.38 New stake
    Traded May 15 Filed May 18
  4. Daniel Harris Meyer Director
    Buy
    $2M 32,258 shares at $61.88 +9.3% to stake
    Traded May 15 Filed May 18
  5. Charles J Chapman III Director
    Buy
    $123K 2,000 shares at $61.36 New stake
    Traded May 15 Filed May 18
  6. Jeffrey Flug Director
    Buy
    $61K 1,000 shares at $61.30 +22% to stake
    Traded May 15 Filed May 18
  7. Stephanie Ann Sentell Chief Operations Officer
    Planned sale
    $26K 258 shares at $102.21 1.7% of stake
    Traded Apr 15 Filed Apr 17
  8. Stephanie Ann Sentell Chief Operations Officer
    Planned sale
    $21K 225 shares at $93.60 1.4% of stake
    Traded Mar 6 Filed Mar 10
  9. Stephanie Ann Sentell Chief Operations Officer
    Planned sale
    $20K 200 shares at $99.19 2.1% of stake
    Traded Jan 20 Filed Jan 22
  10. Stephanie Ann Sentell Chief Operations Officer
    Planned sale
    $17K 200 shares at $85.78 2% of stake
    Traded Dec 19, 2025 Filed Dec 22, 2025
  11. Stephanie Ann Sentell Chief Operations Officer
    Planned sale
    $94K 1,100 shares at $85.14 10% of stake
    Traded Nov 25, 2025 Filed Nov 26, 2025

Also filed in the last 12 months, not counted as buying or selling: 13 stock grants, 8 share withholdings for taxes, and 1 option exercise.

Congress

1 member of Congress traded SHAK in the last three years: 2 buys and 0 sales.

All Congress trades
  1. Gilbert Ray Cisneros, Jr. D-CA-31 Buy $1K–$15K Aug 11 filed Sep 10
  2. Gilbert Ray Cisneros, Jr. D-CA-31 Buy $1K–$15K Jan 5 filed Feb 13

SEC filings

Recent issuer filings from EDGAR, 18 shown.

Filed Form Detail Links
8-K 2.02,7.01,9.01
10-Q
8-K 5.02,9.01
8-K 5.07
8-K 7.01,9.01
SCHEDULE 13G/A —
8-K 2.02,7.01,9.01
8-K 5.02,7.01,9.01
10-Q
SCHEDULE 13G —
SCHEDULE 13G —
DEF 14A
DEFA14A
8-K 7.01,9.01
SCHEDULE 13G/A —
8-K 5.02
8-K 8.01
10-K

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025
Revenue $1.09B $1.25B $1.45B
Net income $20.26M $10.21M $45.72M
Net margin * 1.9% 0.8% 3.2%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $330.07M $368.22M $430.35M
Total non-current assets * $1.19B $1.33B $1.47B
Total assets $1.52B $1.7B $1.9B
Total current liabilities $143.05M $187.31M $244.92M
Total non-current liabilities * $0.944B $1.02B $1.1B
Total equity $412.51M $470.02M $525.33M

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations $132.14M $171.16M $222.36M
Cash from investing -$132.32M -$66.08M -$165.85M
Cash from financing -$5.68M -$9.02M -$17.1M
Net change in cash -$5.87M $96.06M $39.41M

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.