Red Robin
RRGB
142 hedge funds and large institutions have $617M invested in Red Robin in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 46 reducing their positions, and 44 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 46
8% less call options, than puts
Call options by funds: $11.8M | Put options by funds: $12.8M
11.8% less ownership
Funds ownership: 130.01% → 118.21% (-12%)
16% less funds holding
Funds holding: 170 → 142 (-28)
22% less capital invested
Capital invested by funds: $787M → $617M (-$171M)
61% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$21.8M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$11.3M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$5.08M |
| 4 |
Renaissance Technologies
New York
|
+$4.74M |
| 5 |
Morgan Stanley
New York
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$16.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$15.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.5M |
| 4 |
Millennium Management
New York
|
-$13M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$12.1M |
RRGB Hedge Fund Activity: Q3 2018 in Review
142 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q3 2018, worth a combined $617M — down 22% from $787M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of RRGB and 17 opened new positions — a net loss of 27 holders — while 46 trimmed existing stakes and 54 added.
The largest buyer was Goldman Sachs, adding an estimated $21.8M. The largest seller was VOYA Investment Management, cutting an estimated $16.4M.
- 142 institutional investors held Red Robin (RRGB) as of Q3 2018, down from 170 in Q2 2018.
- Funds reported $617M of Red Robin stock for Q3 2018, down 22% quarter-over-quarter.
- 17 funds opened new Red Robin positions in Q3 2018 and 44 closed out, a net change of -27 holders.
- The largest Red Robin buyer in Q3 2018 was Goldman Sachs, an estimated $21.8M added.
- The largest Red Robin seller in Q3 2018 was VOYA Investment Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2018.