Red Robin
RRGB
86 hedge funds and large institutions have $86.1M invested in Red Robin in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 15 increasing their positions, 35 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
10% more funds holding
Funds holding: 78 → 86 (+8)
5% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $1.1M
4.71% less ownership
Funds ownership: 77.06% → 72.35% (-4.7%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less capital invested
Capital invested by funds: $149M → $86.1M (-$62.6M)
57% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$2.59M |
| 2 |
F1I
Fund 1 Investments
Rincon,
Puerto Rico
|
+$1.31M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.19M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.17M |
| 5 |
First Eagle Investment Management
New York
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Soviero Asset Management
New York
|
-$6.87M |
| 2 |
Morgan Stanley
New York
|
-$2.9M |
| 3 |
BlackRock
New York
|
-$1.07M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.04M |
| 5 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
-$1.02M |
RRGB Hedge Fund Activity: Q1 2024 in Review
86 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q1 2024, worth a combined $86.1M — down 42% from $149M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RRGB positions and 11 closed out — a net gain of 9 holders — while 15 added to existing stakes and 35 trimmed.
The largest buyer was Western Standard LLC, opening a new position worth an estimated $2.59M. The largest seller was Soviero Asset Management, cutting an estimated $6.87M.
- 86 institutional investors held Red Robin (RRGB) as of Q1 2024, up from 78 in Q4 2023.
- Funds reported $86.1M of Red Robin stock for Q1 2024, down 42% quarter-over-quarter.
- 20 funds opened new Red Robin positions in Q1 2024 and 11 closed out, a net change of +9 holders.
- The largest Red Robin buyer in Q1 2024 was Western Standard LLC, an estimated $2.59M added.
- The largest Red Robin seller in Q1 2024 was Soviero Asset Management, an estimated $6.87M sold.
Based on aggregated 13F filings for Q1 2024.