Rush Street Interactive
84 hedge funds and large institutions have $664M invested in Rush Street Interactive in 2020 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 27 closing their positions.
252% more capital invested
Capital invested by funds: $189M → $664M (+$475M)
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
145% more call options, than puts
Call options by funds: $28.3M | Put options by funds: $11.6M
100% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 27
47% more funds holding
Funds holding: 57 → 84 (+27)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$31.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.6M |
| 3 |
SHCM
Shelter Haven Capital Management
Summit,
New Jersey
|
+$29.5M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$23.8M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$10.7M |
| 2 |
TCM
Tenor Capital Management
New York
|
-$7.66M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.25M |
| 4 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$4.67M |
| 5 |
AC
Antara Capital
New York
|
-$4.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citadel Advisors
Miami,
Florida
| – | -$419K | -27,968 | Closed |
|
|
CC
102
Centiva Capital
New York
| – | -$319K | -25,000 | Closed |
|
|
SCM
103
Shaolin Capital Management
Miami,
Florida
| – | -$227K | -17,797 | Closed |
|
|
CAC
104
Cowen and Company
New York
| – | -$191K | -15,000 | Closed |
|
105
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$123K | -10,174 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | -$134K | -8,921 | Closed |
|
|
CG
107
Cutler Group
San Francisco,
California
| – | -$77.8K | -5,200 | Closed |
|
|
HIM
108
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$67K | -5,195 | Closed |
|
109
Group One Trading
Chicago,
Illinois
| – | -$73.7K | -4,922 | Closed |
|
|
WCG
110
Weaver Consulting Group
Huntington Beach,
California
| – | -$1K | -100 | Closed |
|
|
DCM
111
Dupont Capital Management
Wilmington,
Delaware
| – | +$30 | +2 | New |
|
RSI Hedge Fund Activity: Q4 2020 in Review
84 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q4 2020, worth a combined $664M — up 252% from $189M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new RSI positions and 27 closed out — a net gain of 27 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $31.4M. The largest seller was Linden Advisors, exiting entirely with an estimated $10.7M sold.
- 84 institutional investors held Rush Street Interactive (RSI) as of Q4 2020, up from 57 in Q3 2020.
- Funds reported $664M of Rush Street Interactive stock for Q4 2020, up 252% quarter-over-quarter.
- 54 funds opened new Rush Street Interactive positions in Q4 2020 and 27 closed out, a net change of +27 holders.
- The largest Rush Street Interactive buyer in Q4 2020 was Eagle Asset Management, an estimated $31.4M added.
- The largest Rush Street Interactive seller in Q4 2020 was Linden Advisors, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2020.