Red Rock Resorts
159 hedge funds and large institutions have $1.05B invested in Red Rock Resorts in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 37 increasing their positions, 65 reducing their positions, and 33 closing their positions.
73% more call options, than puts
Call options by funds: $42.8M | Put options by funds: $24.8M
59% more capital invested
Capital invested by funds: $661M → $1.05B (+$390M)
2.19% more ownership
Funds ownership: 85.15% → 87.34% (+2.2%)
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
1% more funds holding
Funds holding: 158 → 159 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
43% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$72.4M |
| 2 |
KHCM
Kettle Hill Capital Management
New York
|
+$10.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.99M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$6.77M |
| 5 |
SCC
Six Columns Capital
Dallas,
Texas
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$11.9M |
| 2 |
Renaissance Technologies
New York
|
-$7.93M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$7.83M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.42M |
| 5 |
Millennium Management
New York
|
-$6.99M |
RRR Hedge Fund Activity: Q3 2020 in Review
159 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q3 2020, worth a combined $1.05B — up 59% from $661M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RRR positions and 33 closed out — a net gain of 1 holder — while 37 added to existing stakes and 65 trimmed.
The largest buyer was Zeke Capital Advisors, adding an estimated $72.4M. The largest seller was Samlyn Capital, exiting entirely with an estimated $11.9M sold.
- 159 institutional investors held Red Rock Resorts (RRR) as of Q3 2020, up from 158 in Q2 2020.
- Funds reported $1.05B of Red Rock Resorts stock for Q3 2020, up 59% quarter-over-quarter.
- 34 funds opened new Red Rock Resorts positions in Q3 2020 and 33 closed out, a net change of +1 holder.
- The largest Red Rock Resorts buyer in Q3 2020 was Zeke Capital Advisors, an estimated $72.4M added.
- The largest Red Rock Resorts seller in Q3 2020 was Samlyn Capital, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2020.