Red Rock Resorts
198 hedge funds and large institutions have $3.24B invested in Red Rock Resorts in 2021 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 51 increasing their positions, 87 reducing their positions, and 33 closing their positions.
88% more call options, than puts
Call options by funds: $40.4M | Put options by funds: $21.5M
18% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 33
3.75% more ownership
Funds ownership: 91.82% → 95.58% (+3.8%)
3% more funds holding
Funds holding: 193 → 198 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less capital invested
Capital invested by funds: $3.3B → $3.24B (-$62.4M)
41% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$40.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$32.3M |
| 3 |
Millennium Management
New York
|
+$25.1M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$19.9M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$161M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$39.4M |
| 3 |
EC
Eminence Capital
New York
|
-$37.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.8M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$27.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
226
Selective Wealth Management
Forest,
Virginia
| – | -$36K | -700 | Closed |
|
|
DOA
227
D'Orazio & Associates
Falls Church,
Virginia
| – | -$26K | -500 | Closed |
|
|
CMF
228
Counterpoint Mutual Funds
San Diego,
California
| – | -$21K | -408 | Closed |
|
229
Parallax Volatility Advisers
San Francisco,
California
| – | -$5K | -88 | Closed |
|
|
GKWIM
230
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| – | -$1K | -1 | Closed |
|
RRR Hedge Fund Activity: Q4 2021 in Review
198 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q4 2021, worth a combined $3.24B — down 1.9% from $3.3B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RRR positions and 33 closed out — a net gain of 6 holders — while 51 added to existing stakes and 87 trimmed.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $40.4M. The largest seller was Capital World Investors, exiting entirely with an estimated $161M sold.
- 198 institutional investors held Red Rock Resorts (RRR) as of Q4 2021, up from 193 in Q3 2021.
- Funds reported $3.24B of Red Rock Resorts stock for Q4 2021, down 1.9% quarter-over-quarter.
- 39 funds opened new Red Rock Resorts positions in Q4 2021 and 33 closed out, a net change of +6 holders.
- The largest Red Rock Resorts buyer in Q4 2021 was Long Pond Capital, an estimated $40.4M added.
- The largest Red Rock Resorts seller in Q4 2021 was Capital World Investors, an estimated $161M sold.
Based on aggregated 13F filings for Q4 2021.