Rush Street Interactive
114 hedge funds and large institutions have $168M invested in Rush Street Interactive in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 37 reducing their positions, and 28 closing their positions.
147% more call options, than puts
Call options by funds: $1.44M | Put options by funds: $581K
1.4% more ownership
Funds ownership: 71.75% → 73.15% (+1.4%)
5% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 37
0% less capital invested
Capital invested by funds: $169M → $168M (-$831K)
7% less funds holding
Funds holding: 122 → 114 (-8)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.86M |
| 2 |
Morgan Stanley
New York
|
+$3.98M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$3.96M |
| 4 |
Goldman Sachs
New York
|
+$3.29M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$8.49M |
| 2 |
CC
Conversant Capital
Summit,
New Jersey
|
-$6.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$5.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$862K |
| 5 |
Squarepoint
New York
|
-$691K |
RSI Hedge Fund Activity: Q4 2022 in Review
114 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q4 2022, worth a combined $168M — down 0.49% from $169M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of RSI and 20 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 39 added.
The largest buyer was Federated Hermes, adding an estimated $4.86M. The largest seller was Canyon Capital Advisors, cutting an estimated $8.49M.
- 114 institutional investors held Rush Street Interactive (RSI) as of Q4 2022, down from 122 in Q3 2022.
- Funds reported $168M of Rush Street Interactive stock for Q4 2022, down 0.49% quarter-over-quarter.
- 20 funds opened new Rush Street Interactive positions in Q4 2022 and 28 closed out, a net change of -8 holders.
- The largest Rush Street Interactive buyer in Q4 2022 was Federated Hermes, an estimated $4.86M added.
- The largest Rush Street Interactive seller in Q4 2022 was Canyon Capital Advisors, an estimated $8.49M sold.
Based on aggregated 13F filings for Q4 2022.