Rush Street Interactive
129 hedge funds and large institutions have $736M invested in Rush Street Interactive in 2021 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 24 closing their positions.
505% more call options, than puts
Call options by funds: $25.1M | Put options by funds: $4.16M
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
5.1% more ownership
Funds ownership: 70.25% → 75.35% (+5.1%)
2% more funds holding
Funds holding: 127 → 129 (+2)
8% less capital invested
Capital invested by funds: $798M → $736M (-$62M)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$79.2M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$61.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.5M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$10.6M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.6M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$17M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$14.7M |
| 4 |
Millennium Management
New York
|
-$12.5M |
| 5 |
Man Group
London,
United Kingdom
|
-$10.1M |
RSI Hedge Fund Activity: Q4 2021 in Review
129 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q4 2021, worth a combined $736M — down 7.8% from $798M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RSI positions and 24 closed out — a net gain of 4 holders — while 36 added to existing stakes and 45 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $79.2M. The largest seller was Fidelity Investments, cutting an estimated $59.6M.
- 129 institutional investors held Rush Street Interactive (RSI) as of Q4 2021, up from 127 in Q3 2021.
- Funds reported $736M of Rush Street Interactive stock for Q4 2021, down 7.8% quarter-over-quarter.
- 28 funds opened new Rush Street Interactive positions in Q4 2021 and 24 closed out, a net change of +4 holders.
- The largest Rush Street Interactive buyer in Q4 2021 was Janus Henderson Group, an estimated $79.2M added.
- The largest Rush Street Interactive seller in Q4 2021 was Fidelity Investments, an estimated $59.6M sold.
Based on aggregated 13F filings for Q4 2021.