Red Robin
RRGB
92 hedge funds and large institutions have $82M invested in Red Robin in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 24 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 24
7% more funds holding
Funds holding: 86 → 92 (+6)
5% less capital invested
Capital invested by funds: $86.1M → $82M (-$4.17M)
7% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $1.36M
3.31% less ownership
Funds ownership: 72.35% → 69.04% (-3.3%)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.67M |
| 2 |
1C
1060 Capital
Denver,
Colorado
|
+$1.82M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.75M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.43M |
| 5 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.42M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$4.98M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$3.81M |
| 4 |
SAM
Soviero Asset Management
New York
|
-$1.82M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.7M |
RRGB Hedge Fund Activity: Q2 2024 in Review
92 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q2 2024, worth a combined $82M — down 4.8% from $86.1M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new RRGB positions and 24 closed out — a net gain of 7 holders — while 23 added to existing stakes and 29 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.67M. The largest seller was BlackRock, cutting an estimated $5.42M.
- 92 institutional investors held Red Robin (RRGB) as of Q2 2024, up from 86 in Q1 2024.
- Funds reported $82M of Red Robin stock for Q2 2024, down 4.8% quarter-over-quarter.
- 31 funds opened new Red Robin positions in Q2 2024 and 24 closed out, a net change of +7 holders.
- The largest Red Robin buyer in Q2 2024 was Millennium Management, an estimated $2.67M added.
- The largest Red Robin seller in Q2 2024 was BlackRock, an estimated $5.42M sold.
Based on aggregated 13F filings for Q2 2024.