Red Robin
RRGB
134 hedge funds and large institutions have $394M invested in Red Robin in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 46 reducing their positions, and 24 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 46
4.94% less ownership
Funds ownership: 118.21% → 113.27% (-4.9%)
6% less funds holding
Funds holding: 142 → 134 (-8)
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
36% less capital invested
Capital invested by funds: $617M → $394M (-$223M)
69% less call options, than puts
Call options by funds: $2.33M | Put options by funds: $7.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.5M |
| 2 |
Millennium Management
New York
|
+$5.82M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$4.09M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$3.95M |
| 5 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.77M |
| 2 |
Neuberger Berman Group
New York
|
-$4.82M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$4.73M |
| 4 |
Goldman Sachs
New York
|
-$4.57M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.73M |
RRGB Hedge Fund Activity: Q4 2018 in Review
134 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q4 2018, worth a combined $394M — down 36% from $617M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RRGB and 16 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 50 added.
The largest buyer was AllianceBernstein, adding an estimated $10.5M. The largest seller was Vanguard Group, cutting an estimated $5.77M.
- 134 institutional investors held Red Robin (RRGB) as of Q4 2018, down from 142 in Q3 2018.
- Funds reported $394M of Red Robin stock for Q4 2018, down 36% quarter-over-quarter.
- 16 funds opened new Red Robin positions in Q4 2018 and 24 closed out, a net change of -8 holders.
- The largest Red Robin buyer in Q4 2018 was AllianceBernstein, an estimated $10.5M added.
- The largest Red Robin seller in Q4 2018 was Vanguard Group, an estimated $5.77M sold.
Based on aggregated 13F filings for Q4 2018.