Red Rock Resorts
RRR
123 hedge funds and large institutions have $1.74B invested in Red Rock Resorts in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 40 increasing their positions, 45 reducing their positions, and 22 closing their positions.
201% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $1.96M
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
18% more capital invested
Capital invested by funds: $1.48B → $1.74B (+$262M)
4% more funds holding
Funds holding: 118 → 123 (+5)
0.21% less ownership
Funds ownership: 103.54% → 103.33% (-0.21%)
11% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$23.6M |
| 3 |
Goldman Sachs
New York
|
+$20.1M |
| 4 |
Cohen & Steers
New York
|
+$15.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$13.8M |
| 2 |
Neuberger Berman Group
New York
|
-$13.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.8M |
| 4 |
LPC
Long Pond Capital
New York
|
-$11.7M |
| 5 |
Millennium Management
New York
|
-$9.44M |
RRR Hedge Fund Activity: Q4 2019 in Review
123 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q4 2019, worth a combined $1.74B — up 18% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RRR positions and 22 closed out — a net gain of 5 holders — while 40 added to existing stakes and 45 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $24.2M. The largest seller was PAR Capital Management, cutting an estimated $13.8M.
- 123 institutional investors held Red Rock Resorts (RRR) as of Q4 2019, up from 118 in Q3 2019.
- Funds reported $1.74B of Red Rock Resorts stock for Q4 2019, up 18% quarter-over-quarter.
- 27 funds opened new Red Rock Resorts positions in Q4 2019 and 22 closed out, a net change of +5 holders.
- The largest Red Rock Resorts buyer in Q4 2019 was Wellington Management Group, an estimated $24.2M added.
- The largest Red Rock Resorts seller in Q4 2019 was PAR Capital Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2019.