Red Rock Resorts
214 hedge funds and large institutions have $2.8B invested in Red Rock Resorts in 2022 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 58 increasing their positions, 83 reducing their positions, and 32 closing their positions.
151% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $9.61M
56% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 32
8% more funds holding
Funds holding: 198 → 214 (+16)
1.52% less ownership
Funds ownership: 95.58% → 94.06% (-1.5%)
14% less capital invested
Capital invested by funds: $3.24B → $2.8B (-$448M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$40.7M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$23.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$19.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.3M |
| 5 |
BAMCO Inc
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$52.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$52M |
| 3 |
LPC
Long Pond Capital
New York
|
-$42.8M |
| 4 |
Millennium Management
New York
|
-$18.5M |
| 5 |
BlackRock
New York
|
-$13.6M |
RRR Hedge Fund Activity: Q1 2022 in Review
214 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Red Rock Resorts (RRR) for Q1 2022, worth a combined $2.8B — down 14% from $3.24B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new RRR positions and 32 closed out — a net gain of 18 holders — while 58 added to existing stakes and 83 trimmed.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $40.7M. The largest seller was Eminence Capital, cutting an estimated $52.4M.
- 214 institutional investors held Red Rock Resorts (RRR) as of Q1 2022, up from 198 in Q4 2021.
- Funds reported $2.8B of Red Rock Resorts stock for Q1 2022, down 14% quarter-over-quarter.
- 50 funds opened new Red Rock Resorts positions in Q1 2022 and 32 closed out, a net change of +18 holders.
- The largest Red Rock Resorts buyer in Q1 2022 was Eagle Asset Management, an estimated $40.7M added.
- The largest Red Rock Resorts seller in Q1 2022 was Eminence Capital, an estimated $52.4M sold.
Based on aggregated 13F filings for Q1 2022.