Red Rock Resorts
193 hedge funds and large institutions have $3.3B invested in Red Rock Resorts in 2021 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 59 increasing their positions, 74 reducing their positions, and 22 closing their positions.
159% more call options, than puts
Call options by funds: $50.8M | Put options by funds: $19.6M
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more capital invested
Capital invested by funds: $2.73B → $3.3B (+$571M)
6% more funds holding
Funds holding: 182 → 193 (+11)
1.11% more ownership
Funds ownership: 90.71% → 91.82% (+1.1%)
20% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$49.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$42.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.8M |
| 5 |
BAMCO Inc
New York
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$26.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.8M |
| 3 |
Morgan Stanley
New York
|
-$17.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14M |
RRR Hedge Fund Activity: Q3 2021 in Review
193 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q3 2021, worth a combined $3.3B — up 21% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new RRR positions and 22 closed out — a net gain of 13 holders — while 59 added to existing stakes and 74 trimmed.
The largest buyer was Invesco, adding an estimated $49.6M. The largest seller was Eminence Capital, cutting an estimated $26.8M.
- 193 institutional investors held Red Rock Resorts (RRR) as of Q3 2021, up from 182 in Q2 2021.
- Funds reported $3.3B of Red Rock Resorts stock for Q3 2021, up 21% quarter-over-quarter.
- 35 funds opened new Red Rock Resorts positions in Q3 2021 and 22 closed out, a net change of +13 holders.
- The largest Red Rock Resorts buyer in Q3 2021 was Invesco, an estimated $49.6M added.
- The largest Red Rock Resorts seller in Q3 2021 was Eminence Capital, an estimated $26.8M sold.
Based on aggregated 13F filings for Q3 2021.