Red Rock Resorts
RRR
203 hedge funds and large institutions have $2.77B invested in Red Rock Resorts in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 74 increasing their positions, 57 reducing their positions, and 12 closing their positions.
208% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 12
53% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $8.37M
30% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 57
13% more funds holding
Funds holding: 180 → 203 (+23)
1.63% more ownership
Funds ownership: 83.89% → 85.52% (+1.6%)
2% more capital invested
Capital invested by funds: $2.73B → $2.77B (+$46.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$43.8M |
| 2 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$18.1M |
| 3 |
LPC
Long Pond Capital
New York
|
+$11.6M |
| 4 |
Morgan Stanley
New York
|
+$7.86M |
| 5 |
Squarepoint
New York
|
+$7.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$37.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 3 |
EC
Eminence Capital
New York
|
-$24.6M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$6.77M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.91M |
RRR Hedge Fund Activity: Q3 2024 in Review
203 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q3 2024, worth a combined $2.77B — up 1.7% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new RRR positions and 12 closed out — a net gain of 25 holders — while 74 added to existing stakes and 57 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $43.8M. The largest seller was Citadel Advisors, cutting an estimated $37.4M.
- 203 institutional investors held Red Rock Resorts (RRR) as of Q3 2024, up from 180 in Q2 2024.
- Funds reported $2.77B of Red Rock Resorts stock for Q3 2024, up 1.7% quarter-over-quarter.
- 37 funds opened new Red Rock Resorts positions in Q3 2024 and 12 closed out, a net change of +25 holders.
- The largest Red Rock Resorts buyer in Q3 2024 was Goldman Sachs, an estimated $43.8M added.
- The largest Red Rock Resorts seller in Q3 2024 was Citadel Advisors, an estimated $37.4M sold.
Based on aggregated 13F filings for Q3 2024.