Shake Shack Inc.
US ˙ NYSE ˙ US8190471016

SecuritySHAK / Shake Shack Inc.
InstitutionNeuberger Berman Group LLC
Latest Disclosed Ownership236,531 shares
Latest Disclosed Value $ 20,925,897
Neuberger Berman Group LLC reports 85.96% increase in ownership of SHAK / Shake Shack Inc.

On May 14, 2026 - Neuberger Berman Group LLC filed a 13F-HR form disclosing ownership of 236,531 shares of Shake Shack Inc. (US:SHAK) valued at $20,925,898 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 127,192 shares of Shake Shack Inc.. This represents a change in shares of 85.96% during the quarter. The current value of the position is $12,380,033 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F SHAKE SHACK INC - Common 819047101 236,531 109,339 85.96 20,926 102.68 0.0081
2026-02-13 2025-12-31 13F SHAKE SHACK INC - Common 819047101 127,192 24,836 24.26 10,324 7.75 0.0077
2025-11-12 2025-09-30 13F SHAKE SHACK INC - Common 819047101 102,356 -85,025 -45.38 9,582 -63.63 0.0070
2025-08-25 2025-06-30 13F/A-1 SHAKE SHACK INC - Common 819047101 187,381 3,068 1.66 26,346 62.12 0.0203
2025-08-13 2025-06-30 13F SHAKE SHACK INC - Common 819047101 187,381 3,068 26,346 0.0105
2025-05-13 2025-03-31 13F SHAKE SHACK INC - Common 819047101 184,313 26,646 16.90 16,251 -20.60 0.0136
2025-02-13 2024-12-31 13F SHAKE SHACK INC - Common 819047101 157,667 13,575 9.42 20,465 37.62 0.0162
2024-11-14 2024-09-30 13F SHAKE SHACK INC - Common 819047101 144,092 45,333 45.90 14,872 67.32 0.0116
2024-11-14 2024-06-30 13F/A-1 SHAKE SHACK INC - Common 819047101 98,759 805 0.82 8,888 -12.78 0.0073
2024-08-13 2024-06-30 13F SHAKE SHACK INC - Common 819047101 98,759 805 8,888 0.0073
2024-11-14 2024-03-31 13F/A-1 SHAKE SHACK INC - Common 819047101 97,954 -857 -0.87 10,190 39.15 0.0084
2024-05-13 2024-03-31 13F SHAKE SHACK INC - Common 819047101 97,954 -857 10,190 0.0084
2024-11-14 2023-12-31 13F/A-2 SHAKE SHACK INC - Common 819047101 98,811 -4,609 -4.46 7,324 21.95 0.0064
2024-02-09 2023-12-31 13F SHAKE SHACK INC - Common 819047101 98,811 -4,609 7,324 0.0064
2023-11-14 2023-09-30 13F SHAKE SHACK INC - Common 819047101 103,420 -2,260 -2.14 6,006 -26.88 0.0055
2023-08-11 2023-06-30 13F SHAKE SHACK INC - Common 819047101 105,680 -1,315 -1.23 8,213 38.34 0.0073
2023-05-12 2023-03-31 13F SHAKE SHACK INC - Common 819047101 106,995 909 0.86 5,937 34.78 0.0055
2023-02-13 2022-12-31 13F SHAKE SHACK INC - Common 819047101 106,086 -5,544 -4.97 4,406 -12.27 0.0043
2022-11-15 2022-09-30 13F SHAKE SHACK INC - Common 819047101 111,630 110 0.10 5,021 14.06 0.0052
2022-08-15 2022-06-30 13F SHAKE SHACK INC - Common 819047101 111,520 -772 -0.69 4,402 -42.27 0.0044
2022-05-23 2022-03-31 13F/A-1 SHAKE SHACK INC - Common 819047101 112,292 -6,300 -5.31 7,625 -10.70 0.0065
2022-05-13 2022-03-31 13F SHAKE SHACK INC - Common 819047101 112,292 -6,300 7,615 0.0034
2022-02-11 2021-12-31 13F SHAKE SHACK INC - Common 819047101 118,592 41,420 53.67 8,539 40.75 0.0067
2021-11-12 2021-09-30 13F SHAKE SHACK INC - Common 819047101 77,172 5,782 8.10 6,067 -20.77 0.0053
2021-08-13 2021-06-30 13F SHAKE SHACK INC - Common 819047101 71,390 11,253 18.71 7,657 12.60 0.0067
2021-05-13 2021-03-31 13F SHAKE SHACK INC - Common 819047101 60,137 -2,882 -4.57 6,800 26.91 0.0065
2021-02-10 2020-12-31 13F SHAKE SHACK INC - Common 819047101 63,019 -2,201 -3.37 5,358 26.97 0.0056
2020-11-12 2020-09-30 13F SHAKE SHACK INC - Common 819047101 65,220 -1,120 -1.69 4,220 19.65 0.0050
2020-08-13 2020-06-30 13F SHAKE SHACK INC - Common 819047101 66,340 3,585 5.71 3,527 48.94 0.0044
2020-05-14 2020-03-31 13F SHAKE SHACK INC - Common 819047101 62,755 924 1.49 2,368 -35.70 0.0036
2020-02-12 2019-12-31 13F SHAKE SHACK INC - Common 819047101 61,831 2,251 3.78 3,683 -36.95 0.0043
2019-11-13 2019-09-30 13F SHAKE SHACK INC - Common 819047101 59,580 -760 -1.26 5,841 34.06 0.0071
2019-08-13 2019-06-30 13F SHAKE SHACK INC - Common 819047101 60,340 -2,260 -3.61 4,357 17.66 0.0052
2019-05-13 2019-03-31 13F SHAKE SHACK INC - Common 819047101 62,600 -1,602 -2.50 3,703 26.99 0.0045
2019-02-12 2018-12-31 13F SHAKE SHACK INC - Common 819047101 64,202 -1,198 -1.83 2,916 -29.24 0.0041
2018-11-16 2018-09-30 13F/A-1 SHAKE SHACK INC - Common 819047101 65,400 -1,000 -1.51 4,121 -6.21 0.0047
2018-11-13 2018-09-30 13F SHAKE SHACK INC - Common 819047101 65,400 -1,000 4,121
2018-08-13 2018-06-30 13F SHAKE SHACK INC - Common 819047101 66,400 -3,307 -4.74 4,394 51.41 0.0049
2018-05-08 2018-03-31 13F SHAKE SHACK INC - Common 819047101 69,707 -1,993 -2.78 2,902 -6.30 0.0033
2018-02-14 2017-12-31 13F SHAKE SHACK INC - Common 819047101 71,700 -1,100 -1.51 3,097 28.03 0.0036
2017-11-15 2017-09-30 13F SHAKE SHACK COMMON STOCK 819047101 72,800 5,700 8.49 2,419 3.38 0.0030
2017-08-08 2017-06-30 13F SHAKE SHACK COMMON STOCK 819047101 67,100 43,300 181.93 2,340 194.34 0.0030
2017-05-10 2017-03-31 13F SHAKE SHACK COMMON STOCK 819047101 23,800 1,156 5.11 795 -1.85 0.0010
2017-02-06 2016-12-31 13F SHAKE SHACK COMMON STOCK 819047101 22,644 -1,550 -6.41 810 -3.46 0.0011
2016-11-02 2016-09-30 13F SHAKE SHACK COMMON STOCK 819047101 24,194 4,244 21.27 839 15.41 0.0011
2016-08-05 2016-06-30 13F SHAKE SHACK COMMON STOCK 819047101 19,950 6,500 48.33 727 44.82 0.0010
2016-05-06 2016-03-31 13F SHAKE SHACK COMMON STOCK 819047101 13,450 13,450 0.00 502 0.0007
2016-01-28 2015-12-31 13F SHAKE SHACK COMMON STOCK 819047101 0 -4,600 -100.00 0 -100.00
2015-11-10 2015-09-30 13F SHAKE SHACK COMMON STOCK 819047101 4,600 0 0.00 218 -21.30 0.0003
2015-07-31 2015-06-30 13F SHAKE SHACK COMMON STOCK 819047101 4,600 4,600 277 0.0003
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.