Red Rock Resorts
182 hedge funds and large institutions have $2.73B invested in Red Rock Resorts in 2021 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 46 increasing their positions, 84 reducing their positions, and 26 closing their positions.
167% more call options, than puts
Call options by funds: $53.3M | Put options by funds: $19.9M
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
30% more capital invested
Capital invested by funds: $2.11B → $2.73B (+$626M)
5% more funds holding
Funds holding: 174 → 182 (+8)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.15% less ownership
Funds ownership: 90.86% → 90.71% (-0.15%)
45% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$110M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$31.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$18.4M |
| 4 |
BAMCO Inc
New York
|
+$14.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$8.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$58.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$39.8M |
| 3 |
BlackRock
New York
|
-$28.1M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$26.7M |
| 5 |
CCM
CAAS Capital Management
New York
|
-$7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$87K | -2,502 | Closed |
|
202
Simplex Trading
Chicago,
Illinois
| – | -$92.5K | -2,339 | Closed |
|
|
MC
203
Maverick Capital
Dallas,
Texas
| – | -$58K | -1,777 | Closed |
|
|
SWM
204
Spire Wealth Management
Mclean,
Virginia
| – | -$13K | -384 | Closed |
|
|
EVM
205
Eaton Vance Management
Boston,
Massachusetts
| – | -$7K | -200 | Closed |
|
|
IAIM
206
International Assets Investment Management
Orlando,
Florida
| – | -$5K | -152 | Closed |
|
|
ADIM
207
Alpha DNA Investment Management
Columbia,
Maryland
| – | -$1K | -61 | Closed |
|
RRR Hedge Fund Activity: Q2 2021 in Review
182 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q2 2021, worth a combined $2.73B — up 30% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RRR positions and 26 closed out — a net gain of 8 holders — while 46 added to existing stakes and 84 trimmed.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $110M. The largest seller was Eminence Capital, cutting an estimated $58.6M.
- 182 institutional investors held Red Rock Resorts (RRR) as of Q2 2021, up from 174 in Q1 2021.
- Funds reported $2.73B of Red Rock Resorts stock for Q2 2021, up 30% quarter-over-quarter.
- 34 funds opened new Red Rock Resorts positions in Q2 2021 and 26 closed out, a net change of +8 holders.
- The largest Red Rock Resorts buyer in Q2 2021 was Massachusetts Financial Services, an estimated $110M added.
- The largest Red Rock Resorts seller in Q2 2021 was Eminence Capital, an estimated $58.6M sold.
Based on aggregated 13F filings for Q2 2021.