Red Rock Resorts
RRR
133 hedge funds and large institutions have $1.46B invested in Red Rock Resorts in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 52 reducing their positions, and 37 closing their positions.
445% more call options, than puts
Call options by funds: $43M | Put options by funds: $7.89M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.13% less ownership
Funds ownership: 108.61% → 106.49% (-2.1%)
13% less funds holding
Funds holding: 152 → 133 (-19)
15% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 52
28% less capital invested
Capital invested by funds: $2.02B → $1.46B (-$559M)
43% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$44.3M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$31.4M |
| 3 |
BAMCO Inc
New York
|
+$15.8M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$14.8M |
| 5 |
LCM
Lomas Capital Management
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$28.3M |
| 2 |
TA
Teachers Advisors
New York
|
-$24.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23M |
| 4 |
D.E. Shaw & Co
New York
|
-$19.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$17.4M |
RRR Hedge Fund Activity: Q4 2018 in Review
133 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q4 2018, worth a combined $1.46B — down 28% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of RRR and 21 opened new positions — a net loss of 16 holders — while 52 trimmed existing stakes and 44 added.
The largest buyer was Schroder Investment Management Group, adding an estimated $44.3M. The largest seller was Goldman Sachs, cutting an estimated $28.3M.
- 133 institutional investors held Red Rock Resorts (RRR) as of Q4 2018, down from 152 in Q3 2018.
- Funds reported $1.46B of Red Rock Resorts stock for Q4 2018, down 28% quarter-over-quarter.
- 21 funds opened new Red Rock Resorts positions in Q4 2018 and 37 closed out, a net change of -16 holders.
- The largest Red Rock Resorts buyer in Q4 2018 was Schroder Investment Management Group, an estimated $44.3M added.
- The largest Red Rock Resorts seller in Q4 2018 was Goldman Sachs, an estimated $28.3M sold.
Based on aggregated 13F filings for Q4 2018.