Red Rock Resorts
180 hedge funds and large institutions have $2.73B invested in Red Rock Resorts in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 58 reducing their positions, and 35 closing their positions.
55% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $6.86M
28% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 58
1% less ownership
Funds ownership: 84.89% → 83.89% (-1%)
6% less funds holding
Funds holding: 192 → 180 (-12)
9% less capital invested
Capital invested by funds: $3.01B → $2.73B (-$277M)
31% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 35
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$42.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.1M |
| 3 |
LPC
Long Pond Capital
New York
|
+$21.7M |
| 4 |
EC
Eminence Capital
New York
|
+$20.3M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$55.4M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$28.9M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$27.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.8M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$13.8M |
RRR Hedge Fund Activity: Q2 2024 in Review
180 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q2 2024, worth a combined $2.73B — down 9.2% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of RRR and 24 opened new positions — a net loss of 11 holders — while 58 trimmed existing stakes and 74 added.
The largest buyer was Citadel Advisors, adding an estimated $42.4M. The largest seller was Invesco, cutting an estimated $55.4M.
- 180 institutional investors held Red Rock Resorts (RRR) as of Q2 2024, down from 192 in Q1 2024.
- Funds reported $2.73B of Red Rock Resorts stock for Q2 2024, down 9.2% quarter-over-quarter.
- 24 funds opened new Red Rock Resorts positions in Q2 2024 and 35 closed out, a net change of -11 holders.
- The largest Red Rock Resorts buyer in Q2 2024 was Citadel Advisors, an estimated $42.4M added.
- The largest Red Rock Resorts seller in Q2 2024 was Invesco, an estimated $55.4M sold.
Based on aggregated 13F filings for Q2 2024.