Red Robin
RRGB
100 hedge funds and large institutions have $100M invested in Red Robin in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 41 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less funds holding
Funds holding: 121 → 100 (-21)
18.28% less ownership
Funds ownership: 97.44% → 79.15% (-18%)
23% less call options, than puts
Call options by funds: $733K | Put options by funds: $948K
41% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 41
61% less capital invested
Capital invested by funds: $259M → $100M (-$158M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
E
Ergoteles
New York
|
+$4.4M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$3.22M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.97M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$2.43M |
| 5 |
SAM
Soviero Asset Management
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$23.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.3M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
-$5.23M |
| 4 |
State Street
Boston,
Massachusetts
|
-$5.11M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.25M |
RRGB Hedge Fund Activity: Q2 2022 in Review
100 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q2 2022, worth a combined $100M — down 61% from $259M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of RRGB and 24 opened new positions — a net loss of 17 holders — while 33 trimmed existing stakes and 34 added.
The largest buyer was Ergoteles, opening a new position worth an estimated $4.4M. The largest seller was BlackRock, cutting an estimated $23.2M.
- 100 institutional investors held Red Robin (RRGB) as of Q2 2022, down from 121 in Q1 2022.
- Funds reported $100M of Red Robin stock for Q2 2022, down 61% quarter-over-quarter.
- 24 funds opened new Red Robin positions in Q2 2022 and 41 closed out, a net change of -17 holders.
- The largest Red Robin buyer in Q2 2022 was Ergoteles, an estimated $4.4M added.
- The largest Red Robin seller in Q2 2022 was BlackRock, an estimated $23.2M sold.
Based on aggregated 13F filings for Q2 2022.