Rush Street Interactive
127 hedge funds and large institutions have $798M invested in Rush Street Interactive in 2021 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 47 increasing their positions, 31 reducing their positions, and 18 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
133% more call options, than puts
Call options by funds: $42.4M | Put options by funds: $18.3M
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
57% more capital invested
Capital invested by funds: $508M → $798M (+$290M)
52% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 31
14% more funds holding
Funds holding: 111 → 127 (+16)
0.13% more ownership
Funds ownership: 70.11% → 70.25% (+0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$17.3M |
| 2 |
Man Group
London,
United Kingdom
|
+$16.8M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$15.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$17.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$17.2M |
| 4 |
SHCM
Shelter Haven Capital Management
Summit,
New Jersey
|
-$15.4M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
-$10.3M |
RSI Hedge Fund Activity: Q3 2021 in Review
127 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q3 2021, worth a combined $798M — up 57% from $508M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RSI positions and 18 closed out — a net gain of 16 holders — while 47 added to existing stakes and 31 trimmed.
The largest buyer was Canyon Capital Advisors, adding an estimated $17.3M. The largest seller was Fidelity Investments, cutting an estimated $21M.
- 127 institutional investors held Rush Street Interactive (RSI) as of Q3 2021, up from 111 in Q2 2021.
- Funds reported $798M of Rush Street Interactive stock for Q3 2021, up 57% quarter-over-quarter.
- 34 funds opened new Rush Street Interactive positions in Q3 2021 and 18 closed out, a net change of +16 holders.
- The largest Rush Street Interactive buyer in Q3 2021 was Canyon Capital Advisors, an estimated $17.3M added.
- The largest Rush Street Interactive seller in Q3 2021 was Fidelity Investments, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2021.