Red Rock Resorts
RRR
171 hedge funds and large institutions have $2.17B invested in Red Rock Resorts in 2022 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 45 increasing their positions, 71 reducing their positions, and 28 closing their positions.
71% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $6.87M
14% more capital invested
Capital invested by funds: $1.89B → $2.17B (+$274M)
14% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 28
1% more funds holding
Funds holding: 169 → 171 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.16% less ownership
Funds ownership: 94.55% → 94.4% (-0.16%)
37% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.8M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$8.46M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.12M |
| 4 |
Renaissance Technologies
New York
|
+$7.63M |
| 5 |
Bank of New York Mellon
New York
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$25M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$12.3M |
| 3 |
EC
Eminence Capital
New York
|
-$8.81M |
| 4 |
BAMCO Inc
New York
|
-$7.96M |
| 5 |
Goldman Sachs
New York
|
-$6.64M |
RRR Hedge Fund Activity: Q4 2022 in Review
171 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q4 2022, worth a combined $2.17B — up 14% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RRR positions and 28 closed out — a net gain of 4 holders — while 45 added to existing stakes and 71 trimmed.
The largest buyer was Millennium Management, adding an estimated $11.8M. The largest seller was Long Pond Capital, exiting entirely with an estimated $25M sold.
- 171 institutional investors held Red Rock Resorts (RRR) as of Q4 2022, up from 169 in Q3 2022.
- Funds reported $2.17B of Red Rock Resorts stock for Q4 2022, up 14% quarter-over-quarter.
- 32 funds opened new Red Rock Resorts positions in Q4 2022 and 28 closed out, a net change of +4 holders.
- The largest Red Rock Resorts buyer in Q4 2022 was Millennium Management, an estimated $11.8M added.
- The largest Red Rock Resorts seller in Q4 2022 was Long Pond Capital, an estimated $25M sold.
Based on aggregated 13F filings for Q4 2022.