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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
NFAM
51
North Fourth Asset Management
New Jersey
$3.6M +$4.17M +177,210 New
CRCM
52
Crystal Rock Capital Management
Illinois
$3.56M -$98.7K -4,196 -2%
Susquehanna International Group
53
Susquehanna International Group
Pennsylvania
$2.89M +$3.35M +142,403 New
SEI Investments
54
SEI Investments
Pennsylvania
$2.86M +$60K +2,550 +2%
CI
55
Caerus Investors
New York
$2.64M +$3.06M +130,000 New
PC
56
Pier Capital
Connecticut
$2.52M -$1.56M -66,360 -35%
Swiss National Bank
57
Swiss National Bank
Switzerland
$2.5M +$47.1K +2,000 +2%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$2.21M +$51.2K +2,177 +2%
Barclays
59
Barclays
United Kingdom
$2.2M -$795K -33,784 -24%
SSA
60
Schonfeld Strategic Advisors
New York
$2.06M +$2.38M +101,335 New
AllianceBernstein
61
AllianceBernstein
Tennessee
$2M -$1.39M -59,072 -38%
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$1.88M +$695K +29,522 +47%
SC
63
Shellback Capital
Massachusetts
$1.72M +$1.99M +84,427 New
PPA
64
Parametric Portfolio Associates
Washington
$1.7M +$14.6K +620 +0.7%
Macquarie Group
65
Macquarie Group
Australia
$1.42M +$1.65M +70,000 New
Ohio Public Employees Retirement System (OPERS)
66
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.41M +$5.83K +248 +0.4%
CS
67
Credit Suisse
Switzerland
$1.31M -$2.24M -95,129 -60%
Invesco
68
Invesco
Georgia
$1.26M -$2.49M -105,645 -63%
TI
69
Trexquant Investment
Connecticut
$1.25M +$1.07M +45,357 +279%
NRC
70
North Run Capital
Massachusetts
$1.02M -$5.06M -215,000 -81%
AIG
71
American International Group
New York
$930K -$8.26K -351 -0.8%
Russell Investments Group
72
Russell Investments Group
United Kingdom
$917K +$329K +13,969 +45%
UBS AM
73
UBS AM
Illinois
$884K
Manulife (Manufacturers Life Insurance)
74
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$872K -$71.6K -3,043 -7%
SO
75
STRS Ohio
Ohio
$759K -$47.1K -2,000 -5%

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.