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Red Rock Resorts

133 hedge funds and large institutions have $1.46B invested in Red Rock Resorts in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 52 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

445% more call options, than puts

Call options by funds: $43M | Put options by funds: $7.89M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.13% less ownership

Funds ownership: 108.61%106.49% (-2.1%)

13% less funds holding

Funds holding: 152133 (-19)

15% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 52

28% less capital invested

Capital invested by funds: $2.02B → $1.46B (-$559M)

43% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 37

Holders
133
Holders Change
-19
Holders Change %
-12.5%
% of All Funds
2.96%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
21
Increased
44
Reduced
52
Closed
37
Calls
$43M
Puts
$7.89M
Net Calls
+$35.1M
Net Calls Change
+$57.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
26
Dimensional Fund Advisors
Texas
$13.6M +$371K +15,763 +2%
RI
27
Redwood Investments
Massachusetts
$13.1M +$3.52M +149,610 +30%
PCM
28
Penn Capital Management
Pennsylvania
$12.2M -$348K -14,776 -3%
Ameriprise
29
Ameriprise
Minnesota
$11.8M +$736K +31,289 +6%
Neuberger Berman Group
30
Neuberger Berman Group
New York
$11.6M +$1.94M +82,500 +17%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$10.8M +$1.86M +79,099 +17%
Charles Schwab
32
Charles Schwab
California
$10.3M +$234K +9,956 +2%
Morgan Stanley
33
Morgan Stanley
New York
$10.3M +$2.09M +88,784 +21%
VOYA Investment Management
34
VOYA Investment Management
Georgia
$9.35M -$2.3M -97,702 -18%
Nordea Investment Management
35
Nordea Investment Management
Sweden
$8.99M -$1.97M -83,897 -16%
EAM
36
Eagle Asset Management
Florida
$8.95M +$1.74M +74,166 +20%
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$7.95M -$19.2M -817,265 -68%
Marshall Wace
38
Marshall Wace
United Kingdom
$7.93M -$17.4M -741,205 -65%
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$7.11M -$21.2K -902 -0.3%
MOACM
40
Mutual of America Capital Management
New York
$7.03M -$28.8K -1,225 -0.4%
Citadel Advisors
41
Citadel Advisors
Florida
$6.6M -$2.8M -118,978 -27%
Wells Fargo
42
Wells Fargo
California
$6.33M +$3.59M +152,659 +96%
Goldman Sachs
43
Goldman Sachs
New York
$6.33M -$28.3M -1,203,184 -79%
KCM
44
Kornitzer Capital Management
Kansas
$6.19M +$1.26M +53,770 +21%
Allianz Asset Management
45
Allianz Asset Management
Germany
$5.57M -$2.06M -87,412 -24%
Axa
46
Axa
France
$5.23M -$551K -23,400 -8%
JGC
47
J. Goldman & Co
New York
$5.18M +$1.73M +73,523 +40%
Deutsche Bank
48
Deutsche Bank
Germany
$5.09M -$10.2M -432,262 -63%
Bank of America
49
Bank of America
North Carolina
$4M +$217K +9,210 +5%
Renaissance Technologies
50
Renaissance Technologies
New York
$3.75M -$4.73M -200,900 -52%

RRR Hedge Fund Activity: Q4 2018 in Review

133 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q4 2018, worth a combined $1.46B — down 28% from $2.02B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of RRR and 21 opened new positions — a net loss of 16 holders — while 52 trimmed existing stakes and 44 added.

The largest buyer was Schroder Investment Management Group, adding an estimated $44.3M. The largest seller was Goldman Sachs, cutting an estimated $28.3M.

  • 133 institutional investors held Red Rock Resorts (RRR) as of Q4 2018, down from 152 in Q3 2018.
  • Funds reported $1.46B of Red Rock Resorts stock for Q4 2018, down 28% quarter-over-quarter.
  • 21 funds opened new Red Rock Resorts positions in Q4 2018 and 37 closed out, a net change of -16 holders.
  • The largest Red Rock Resorts buyer in Q4 2018 was Schroder Investment Management Group, an estimated $44.3M added.
  • The largest Red Rock Resorts seller in Q4 2018 was Goldman Sachs, an estimated $28.3M sold.

Based on aggregated 13F filings for Q4 2018.