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Red Rock Resorts

174 hedge funds and large institutions have $2.11B invested in Red Rock Resorts in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 63 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

332% more call options, than puts

Call options by funds: $42.7M | Put options by funds: $9.87M

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

27% more capital invested

Capital invested by funds: $1.65B → $2.11B (+$454M)

19% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 26

2% more funds holding

Funds holding: 170174 (+4)

2% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 63

1.9% less ownership

Funds ownership: 92.76%90.86% (-1.9%)

Holders
174
Holders Change
+4
Holders Change %
+2.35%
% of All Funds
3.06%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
31
Increased
64
Reduced
63
Closed
26
Calls
$42.7M
Puts
$9.87M
Net Calls
+$32.8M
Net Calls Change
+$2.18M
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
101
Wolverine Asset Management
Illinois
$616K -$688K -23,765 -56%
MLICM
102
Metropolitan Life Insurance Company (MetLife)
New York
$605K -$18.4K -634 -3%
ProShare Advisors
103
ProShare Advisors
Maryland
$573K +$87.1K +3,009 +21%
Russell Investments Group
104
Russell Investments Group
United Kingdom
$508K -$238K -8,216 -35%
QC
105
Quadrature Capital
United Kingdom
$485K +$127K +4,385 +42%
MSL
106
Mackay Shields LLC
New York
$469K -$405K -14,000 -49%
VRS
107
Virginia Retirement Systems
Virginia
$453K +$57.9K +2,000 +17%
Principal Financial Group
108
Principal Financial Group
Iowa
$397K -$46.1K -1,593 -12%
DCM
109
Dupont Capital Management
Delaware
$395K -$702K -24,227 -67%
Citigroup
110
Citigroup
New York
$385K -$111K -3,827 -25%
NA
111
NewEdge Advisors
Louisiana
$384K +$2.29K +79 +0.7%
AI
112
AdvisorShares Investments
Maryland
$380K +$338K +11,662 New
RJA
113
Raymond James & Associates
Florida
$371K -$18K -621 -5%
Creative Planning
114
Creative Planning
Kansas
$367K +$57.9K +1,998 +22%
Osaic Holdings
115
Osaic Holdings
Arizona
$359K -$29.9K -1,032 -9%
OSAM
116
O'Shaughnessy Asset Management
Connecticut
$355K +$132K +4,567 +72%
ACI
117
AMP Capital Investors
Australia
$349K
TI
118
Trexquant Investment
Connecticut
$346K +$307K +10,605 New
State Board of Administration of Florida Retirement System
119
State Board of Administration of Florida Retirement System
Florida
$340K
Victory Capital Management
120
Victory Capital Management
Texas
$304K -$8.4K -290 -3%
American Century Companies
121
American Century Companies
Missouri
$296K -$70.2K -2,425 -21%
SM
122
Sciencast Management
New Jersey
$290K +$242K +8,358 New
Royal Bank of Canada
123
Royal Bank of Canada
Ontario, Canada
$277K +$70.3K +2,427 +40%
AB
124
Amalgamated Bank
New York
$275K -$20.1K -695 -8%
SEC
125
Seven Eight Capital
New York
$251K

RRR Hedge Fund Activity: Q1 2021 in Review

174 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q1 2021, worth a combined $2.11B — up 27% from $1.65B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new RRR positions and 26 closed out — a net gain of 5 holders — while 64 added to existing stakes and 63 trimmed.

The largest buyer was Eminence Capital, adding an estimated $18.9M. The largest seller was Morgan Stanley, cutting an estimated $16.1M.

  • 174 institutional investors held Red Rock Resorts (RRR) as of Q1 2021, up from 170 in Q4 2020.
  • Funds reported $2.11B of Red Rock Resorts stock for Q1 2021, up 27% quarter-over-quarter.
  • 31 funds opened new Red Rock Resorts positions in Q1 2021 and 26 closed out, a net change of +5 holders.
  • The largest Red Rock Resorts buyer in Q1 2021 was Eminence Capital, an estimated $18.9M added.
  • The largest Red Rock Resorts seller in Q1 2021 was Morgan Stanley, an estimated $16.1M sold.

Based on aggregated 13F filings for Q1 2021.