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Red Rock Resorts

214 hedge funds and large institutions have $2.73B invested in Red Rock Resorts in 2022 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 58 increasing their positions, 83 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

151% more call options, than puts

Call options by funds: $24.1M | Put options by funds: $9.61M

56% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 32

8% more funds holding

Funds holding: 198214 (+16)

1.52% less ownership

Funds ownership: 95.58%94.06% (-1.5%)

16% less capital invested

Capital invested by funds: $3.24B → $2.73B (-$509M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

30% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 83

Holders
214
Holders Change
+16
Holders Change %
+8.08%
% of All Funds
3.38%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
50
Increased
58
Reduced
83
Closed
32
Calls
$24.1M
Puts
$9.61M
Net Calls
+$14.5M
Net Calls Change
-$4.42M
Name Holding Trade Value Shares
Change
Change in
Stake
JMPWA
26
JP Morgan Private Wealth Advisors
California
$19.5M +$1.99M +41,755 +12%
NIP
27
Nicholas Investment Partners
California
$17.2M +$2.24M +46,938 +15%
JP Morgan Chase
28
JP Morgan Chase
New York
$14.8M +$11.9M +250,227 +464%
Ameriprise
29
Ameriprise
Minnesota
$14.4M -$2.32M -48,726 -14%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$13.9M -$1.56M -32,700 -10%
LCG
31
Lisanti Capital Growth
New York
$12.9M +$4.51M +94,629 +56%
IECM
32
Intrinsic Edge Capital Management
Illinois
$12.1M +$6.77M +141,866 +133%
Balyasny Asset Management
33
Balyasny Asset Management
Illinois
$9.62M +$9.44M +198,051 New
New York State Common Retirement Fund
34
New York State Common Retirement Fund
New York
$9.47M +$2.91M +60,926 +45%
HFS
35
Hantz Financial Services
Michigan
$8.79M +$2.59M +54,403 +43%
Bank of America
36
Bank of America
North Carolina
$7.79M +$2.65M +55,553 +53%
CRCM
37
Crystal Rock Capital Management
Illinois
$7.16M -$578K -12,125 -8%
Swiss National Bank
38
Swiss National Bank
Switzerland
$7.1M +$277K +5,800 +4%
Two Sigma Advisers
39
Two Sigma Advisers
New York
$5.72M -$849K -17,800 -13%
FG
40
Formula Growth
Quebec, Canada
$5.68M +$1.77M +37,159 +47%
SFI
41
Susquehanna Fundamental Investments
Pennsylvania
$5.67M +$3.68M +77,103 +195%
Millennium Management
42
Millennium Management
New York
$5.46M -$18.5M -388,668 -78%
Westfield Capital Management
43
Westfield Capital Management
Massachusetts
$5M +$4.91M +102,882 New
BAM
44
Bullseye Asset Management
Colorado
$4.74M
Man Group
45
Man Group
United Kingdom
$4.73M +$1.36M +28,570 +42%
TCM
46
Thames Capital Management
New Jersey
$4.64M +$1.43M +29,975 +46%
CSS
47
Cubist Systematic Strategies
Connecticut
$4.37M +$4.29M +89,961 New
Wells Fargo
48
Wells Fargo
California
$4.34M -$1.05M -22,024 -20%
Luther King Capital Management (LKCM)
49
Luther King Capital Management (LKCM)
Texas
$4.23M -$1.63M -34,123 -28%
First Trust Advisors
50
First Trust Advisors
Illinois
$3.98M -$1.53M -32,026 -28%

RRR Hedge Fund Activity: Q1 2022 in Review

214 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q1 2022, worth a combined $2.73B — down 16% from $3.24B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new RRR positions and 32 closed out — a net gain of 18 holders — while 58 added to existing stakes and 83 trimmed.

The largest buyer was Eagle Asset Management, opening a new position worth an estimated $40.7M. The largest seller was Eminence Capital, cutting an estimated $52.4M.

  • 214 institutional investors held Red Rock Resorts (RRR) as of Q1 2022, up from 198 in Q4 2021.
  • Funds reported $2.73B of Red Rock Resorts stock for Q1 2022, down 16% quarter-over-quarter.
  • 50 funds opened new Red Rock Resorts positions in Q1 2022 and 32 closed out, a net change of +18 holders.
  • The largest Red Rock Resorts buyer in Q1 2022 was Eagle Asset Management, an estimated $40.7M added.
  • The largest Red Rock Resorts seller in Q1 2022 was Eminence Capital, an estimated $52.4M sold.

Based on aggregated 13F filings for Q1 2022.