TD Securities Downgrades Shake Shack (BMV:SHAK)

Fintel reports that on May 19, 2025, TD Securities downgraded their outlook for Shake Shack (BMV:SHAK) from Buy to Hold.

What are Other Shareholders Doing?

MX:SHAK / Shake Shack Inc. Shares Held by Institutions

Wellington Management Group Llp holds 2,620K shares representing 6.77% ownership of the company. In its prior filing, the firm reported owning 1,236K shares , representing an increase of 52.82%. The firm decreased its portfolio allocation in SHAK by 78.97% over the last quarter.

IJR - iShares Core S&P Small-Cap ETF holds 2,582K shares representing 6.67% ownership of the company. In its prior filing, the firm reported owning 2,541K shares , representing an increase of 1.60%. The firm increased its portfolio allocation in SHAK by 25.76% over the last quarter.

12 West Capital Management holds 1,619K shares representing 4.18% ownership of the company. In its prior filing, the firm reported owning 1,764K shares , representing a decrease of 8.99%. The firm decreased its portfolio allocation in SHAK by 12.20% over the last quarter.

Gilder Gagnon Howe & Co holds 1,450K shares representing 3.75% ownership of the company. In its prior filing, the firm reported owning 1,465K shares , representing a decrease of 1.04%. The firm decreased its portfolio allocation in SHAK by 18.58% over the last quarter.

Invesco holds 1,270K shares representing 3.28% ownership of the company. In its prior filing, the firm reported owning 1,245K shares , representing an increase of 1.95%. The firm decreased its portfolio allocation in SHAK by 93.46% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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