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Red Rock Resorts

193 hedge funds and large institutions have $3.3B invested in Red Rock Resorts in 2021 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 59 increasing their positions, 74 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more call options, than puts

Call options by funds: $50.8M | Put options by funds: $19.6M

59% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 22

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

21% more capital invested

Capital invested by funds: $2.73B → $3.3B (+$571M)

6% more funds holding

Funds holding: 182193 (+11)

1.11% more ownership

Funds ownership: 90.71%91.82% (+1.1%)

20% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 74

Holders
193
Holders Change
+11
Holders Change %
+6.04%
% of All Funds
3.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.07%
New
35
Increased
59
Reduced
74
Closed
22
Calls
$50.8M
Puts
$19.6M
Net Calls
+$31.2M
Net Calls Change
-$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
IECM
51
Intrinsic Edge Capital Management
Illinois
$5.45M -$8.97M -205,386 -66%
HFS
52
Hantz Financial Services
Michigan
$5.39M +$920K +21,080 +25%
BAM
53
Bullseye Asset Management
Colorado
$5M -$13.4K -307 -0.3%
Bank of America
54
Bank of America
North Carolina
$4.89M +$34.6K +792 +0.8%
UBS Group
55
UBS Group
Switzerland
$4.64M +$2.59M +59,353 +191%
AllianceBernstein
56
AllianceBernstein
Tennessee
$4.49M -$727K -16,652 -16%
Morgan Stanley
57
Morgan Stanley
New York
$4.47M -$17.8M -408,184 -82%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$4.38M +$26.8K +613 +0.7%
Axa
59
Axa
France
$4.36M +$39.3K +900 +1%
UBS AM
60
UBS AM
Illinois
$4.16M -$216K -4,955 -6%
Royal Bank of Canada
61
Royal Bank of Canada
Ontario, Canada
$4.09M +$3.25M +74,552 +1,402%
CCM
62
Cinctive Capital Management
New York
$4.07M +$1.12M +25,732 +48%
LPL Financial
63
LPL Financial
California
$3.63M -$472K -10,817 -13%
Two Sigma Investments
64
Two Sigma Investments
New York
$3.57M +$1.78M +40,779 +141%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$3.56M +$82.5K +1,889 +3%
AWS
66
AJ Wealth Strategies
New York
$3.56M
Teacher Retirement System of Texas
67
Teacher Retirement System of Texas
Texas
$3.53M +$1.54M +35,348 +105%
KHCM
68
Kettle Hill Capital Management
New York
$3.46M -$2.55M -58,305 -46%
State of New Jersey Common Pension Fund D
69
State of New Jersey Common Pension Fund D
New Jersey
$3.41M +$230K +5,261 +9%
TCM
70
Thames Capital Management
New Jersey
$3.37M -$5.85M -134,016 -67%
AQR Capital Management
71
AQR Capital Management
Connecticut
$3.34M -$204K -4,674 -7%
SG Americas Securities
72
SG Americas Securities
New York
$3.18M +$601K +13,765 +28%
JP Morgan Chase
73
JP Morgan Chase
New York
$3.06M +$183K +4,202 +8%
Legal & General Group
74
Legal & General Group
United Kingdom
$3.02M +$437K +10,008 +20%
Jacobs Levy Equity Management
75
Jacobs Levy Equity Management
New Jersey
$2.85M +$2.42M +55,538 New

RRR Hedge Fund Activity: Q3 2021 in Review

193 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q3 2021, worth a combined $3.3B — up 21% from $2.73B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new RRR positions and 22 closed out — a net gain of 13 holders — while 59 added to existing stakes and 74 trimmed.

The largest buyer was Invesco, adding an estimated $49.6M. The largest seller was Eminence Capital, cutting an estimated $26.8M.

  • 193 institutional investors held Red Rock Resorts (RRR) as of Q3 2021, up from 182 in Q2 2021.
  • Funds reported $3.3B of Red Rock Resorts stock for Q3 2021, up 21% quarter-over-quarter.
  • 35 funds opened new Red Rock Resorts positions in Q3 2021 and 22 closed out, a net change of +13 holders.
  • The largest Red Rock Resorts buyer in Q3 2021 was Invesco, an estimated $49.6M added.
  • The largest Red Rock Resorts seller in Q3 2021 was Eminence Capital, an estimated $26.8M sold.

Based on aggregated 13F filings for Q3 2021.