Red Rock Resorts
RRR
174 hedge funds and large institutions have $2.11B invested in Red Rock Resorts in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 63 reducing their positions, and 26 closing their positions.
332% more call options, than puts
Call options by funds: $42.7M | Put options by funds: $9.87M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
27% more capital invested
Capital invested by funds: $1.65B → $2.11B (+$454M)
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
2% more funds holding
Funds holding: 170 → 174 (+4)
2% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 63
1.9% less ownership
Funds ownership: 92.76% → 90.86% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$18.9M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$17.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$12.5M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$11.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.1M |
| 2 |
Millennium Management
New York
|
-$14.4M |
| 3 |
Two Sigma Investments
New York
|
-$13.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.4M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$11.2M |
RRR Hedge Fund Activity: Q1 2021 in Review
174 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q1 2021, worth a combined $2.11B — up 27% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new RRR positions and 26 closed out — a net gain of 5 holders — while 64 added to existing stakes and 63 trimmed.
The largest buyer was Eminence Capital, adding an estimated $18.9M. The largest seller was Morgan Stanley, cutting an estimated $16.1M.
- 174 institutional investors held Red Rock Resorts (RRR) as of Q1 2021, up from 170 in Q4 2020.
- Funds reported $2.11B of Red Rock Resorts stock for Q1 2021, up 27% quarter-over-quarter.
- 31 funds opened new Red Rock Resorts positions in Q1 2021 and 26 closed out, a net change of +5 holders.
- The largest Red Rock Resorts buyer in Q1 2021 was Eminence Capital, an estimated $18.9M added.
- The largest Red Rock Resorts seller in Q1 2021 was Morgan Stanley, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2021.