13D Filing: Select Equity Group and Shake Shack Inc. (SHAK)

CUSIP No. 819047 101

Schedule 13D

Page 4 of 14 Pages

(1)        Name of Reporting Persons: I.R.S. Identification No. of Above Persons (entities only): SEG Partners Holdings, LLC (13-3991559)
(2)        Check the Appropriate Box if a Member of a Group (See Instructions): (a) [   ] (b) [X]
(3)        SEC Use Only:
(4)        Source of Funds (See Instructions):  AF
(5)        Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
(6)        Citizenship or Place of Organization: Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	(7)      Sole Voting Power 0
	(8)      Shared Voting Power 101,901
	(9)      Sole Dispositive Power 0
	(10)     Shared Dispositive Power 101,901
(11)       Aggregate Amount Beneficially Owned by Each Reporting Person:  101,901
(12)       Check Box if the Aggregate Amount in Row (11) Excludes Certain  Shares (See Instructions): [   ]
(13)       Percent of Class Represented by Amount in Row (11):  0.3%*
(14)       Type of Reporting Person (See Instructions):   OO

Note:  All share numbers on these cover pages presented on an as-converted basis.

* Beneficial ownership of the voting stock based on 36,636,656 shares of Common Stock outstanding on an as-converted basis as of April 26, 2017, as reported in the Issuer’s Form 10-Q for the quarter ended March 29, 2017.