Red Robin
RRGB
90 hedge funds and large institutions have $92.8M invested in Red Robin in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 36 reducing their positions, and 23 closing their positions.
13% less funds holding
Funds holding: 104 → 90 (-14)
13.84% less ownership
Funds ownership: 86.33% → 72.49% (-14%)
19% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 36
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less call options, than puts
Call options by funds: $439K | Put options by funds: $781K
52% less capital invested
Capital invested by funds: $193M → $92.8M (-$99.7M)
61% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$3.73M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$2.53M |
| 3 |
SAM
Soviero Asset Management
New York
|
+$1.42M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.14M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$828K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.03M |
| 2 |
Jane Street
New York
|
-$3.89M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.66M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$3.61M |
| 5 |
Two Sigma Investments
New York
|
-$3.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
101
Schonfeld Strategic Advisors
New York
| – | -$221K | -16,000 | Closed |
|
|
PP
102
PDT Partners
New York
| – | -$203K | -14,714 | Closed |
|
103
Verition Fund Management
Greenwich,
Connecticut
| – | -$194K | -14,022 | Closed |
|
104
Walleye Trading
New York
| – | -$172K | -12,432 | Closed |
|
|
VF
105
Virtu Financial
New York
| – | -$171K | -12,395 | Closed |
|
|
BCM
106
Bayesian Capital Management
Brooklyn,
New York
| – | -$158K | -11,415 | Closed |
|
|
AIM
107
Aigen Investment Management
New York
| – | -$156K | -11,314 | Closed |
|
|
QT
108
Quantbot Technologies
New York
| – | -$117K | -8,462 | Closed |
|
|
DWA
109
Dorsey Wright & Associates
Pasadena,
California
| – | -$23.1K | -1,668 | Closed |
|
|
HMS
110
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$6K | -399 | Closed |
|
|
HT
111
Headlands Technologies
Chicago,
Illinois
| – | -$3.07K | -222 | Closed |
|
|
AW
112
Avion Wealth
The Woodlands,
Texas
| – | -$560 | -47 | -43% |
|
|
HNB
113
Huntington National Bank
Columbus,
Ohio
| – | -$249 | -18 | Closed |
|
RRGB Hedge Fund Activity: Q3 2023 in Review
90 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q3 2023, worth a combined $92.8M — down 52% from $193M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of RRGB and 9 opened new positions — a net loss of 14 holders — while 36 trimmed existing stakes and 29 added.
The largest buyer was First Eagle Investment Management, adding an estimated $3.73M. The largest seller was Morgan Stanley, cutting an estimated $4.03M.
- 90 institutional investors held Red Robin (RRGB) as of Q3 2023, down from 104 in Q2 2023.
- Funds reported $92.8M of Red Robin stock for Q3 2023, down 52% quarter-over-quarter.
- 9 funds opened new Red Robin positions in Q3 2023 and 23 closed out, a net change of -14 holders.
- The largest Red Robin buyer in Q3 2023 was First Eagle Investment Management, an estimated $3.73M added.
- The largest Red Robin seller in Q3 2023 was Morgan Stanley, an estimated $4.03M sold.
Based on aggregated 13F filings for Q3 2023.