Red Rock Resorts
183 hedge funds and large institutions have $2.52B invested in Red Rock Resorts in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 61 increasing their positions, 63 reducing their positions, and 24 closing their positions.
88% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $6.96M
16% more capital invested
Capital invested by funds: $2.17B → $2.52B (+$354M)
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
10.15% more ownership
Funds ownership: 83.51% → 93.67% (+10%)
1% more funds holding
Funds holding: 181 → 183 (+2)
3% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$172M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$79.7M |
| 3 |
BAMCO Inc
New York
|
+$19.7M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$16.4M |
| 5 |
Millennium Management
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$25.3M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$19.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$13.7M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$9.75M |
| 5 |
Renaissance Technologies
New York
|
-$9.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
US Bancorp
Minneapolis,
Minnesota
| – | -$5.48K | -123 | Closed |
|
|
TWA
202
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4.95K | -111 | Closed |
|
|
ASN
203
Advisory Services Network
Atlanta,
Georgia
| – | -$4.46K | -100 | Closed |
|
|
IAIM
204
International Assets Investment Management
Orlando,
Florida
| – | -$758 | -17 | Closed |
|
|
SL
205
Savior LLC
Wellesley Hills,
Massachusetts
| – | -$134 | -3 | Closed |
|
|
BTI
206
Blue Trust Inc
Alpharetta,
Georgia
| – | +$139 | +3 | New |
|
207
Comerica Bank
Dallas,
Texas
| – | +$26.9M | +578,640 | New |
|
RRR Hedge Fund Activity: Q2 2023 in Review
183 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q2 2023, worth a combined $2.52B — up 16% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RRR positions and 24 closed out — a net gain of 3 holders — while 61 added to existing stakes and 63 trimmed.
The largest buyer was Sequoia Financial Advisors, opening a new position worth an estimated $172M. The largest seller was Goldman Sachs, cutting an estimated $25.3M.
- 183 institutional investors held Red Rock Resorts (RRR) as of Q2 2023, up from 181 in Q1 2023.
- Funds reported $2.52B of Red Rock Resorts stock for Q2 2023, up 16% quarter-over-quarter.
- 27 funds opened new Red Rock Resorts positions in Q2 2023 and 24 closed out, a net change of +3 holders.
- The largest Red Rock Resorts buyer in Q2 2023 was Sequoia Financial Advisors, an estimated $172M added.
- The largest Red Rock Resorts seller in Q2 2023 was Goldman Sachs, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2023.