
What smart money is saying about Shake Shack Inc.
1 fund in our archive has pitched Shake Shack Inc. — most recently Baron SMID Cap ETF in June 2026.
Shake Shack Inc. manages a global network of Shake Shack restaurants, known as Shacks, through a combination of direct ownership, operation, and licensing agreements in the United States and abroad. These eateries are renowned for their menu, which features classic American fare such as hamburgers, hot dogs, chicken sandwiches, signature crinkle-cut fries, milkshakes, frozen custard, and various beverages including beer and wine. By December 29, 2021, the company's footprint extended to 369 Shacks worldwide. This total comprised 218 company-operated units within the U.S., 25 domestically licensed establishments, and 126 internationally licensed locations. Founded in 2001, Shake Shack Inc. is headquartered in New York City.
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Position history
Every position in Shake Shack Inc. on record in the archive was reported in Q2 2026, across 1 fund letter — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 1 | 0 | 1 |
Fund activity · 1 position · 1 move
- AddedBaron SMID Cap ETFJune 2026
“During the quarter we purchased Shake Shack Inc. , a premium fast-casual burger chain.”
Read the letterShake Shack Inc.
Fund coverage · 1 thesis
- Baron SMID Cap ETFJune 2026
Shake Shack Inc. has a differentiated brand, attractive unit economics, and a long runway for double-digit growth and margin expansion.
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