Red Robin
RRGB
104 hedge funds and large institutions have $193M invested in Red Robin in 2023 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 17 closing their positions.
124% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 17
46% more call options, than puts
Call options by funds: $2.61M | Put options by funds: $1.79M
24% more funds holding
Funds holding: 84 → 104 (+20)
4.51% more ownership
Funds ownership: 81.82% → 86.33% (+4.5%)
3% more capital invested
Capital invested by funds: $187M → $193M (+$5.03M)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$6.02M |
| 3 |
First Eagle Investment Management
New York
|
+$4.18M |
| 4 |
Morgan Stanley
New York
|
+$3.85M |
| 5 |
Jane Street
New York
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$16.1M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$13.2M |
| 3 |
1C
1060 Capital
Denver,
Colorado
|
-$4.02M |
| 4 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$2.86M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.69M |
RRGB Hedge Fund Activity: Q2 2023 in Review
104 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Red Robin (RRGB) for Q2 2023, worth a combined $193M — up 2.7% from $187M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new RRGB positions and 17 closed out — a net gain of 21 holders — while 28 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $10M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $16.1M sold.
- 104 institutional investors held Red Robin (RRGB) as of Q2 2023, up from 84 in Q1 2023.
- Funds reported $193M of Red Robin stock for Q2 2023, up 2.7% quarter-over-quarter.
- 38 funds opened new Red Robin positions in Q2 2023 and 17 closed out, a net change of +21 holders.
- The largest Red Robin buyer in Q2 2023 was BlackRock, an estimated $10M added.
- The largest Red Robin seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2023.