Rush Street Interactive
122 hedge funds and large institutions have $169M invested in Rush Street Interactive in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 29 reducing their positions, and 15 closing their positions.
446% more call options, than puts
Call options by funds: $3.45M | Put options by funds: $631K
76% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 29
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 123 → 122 (-1)
5.24% less ownership
Funds ownership: 77% → 71.75% (-5.2%)
27% less capital invested
Capital invested by funds: $230M → $169M (-$61.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$4.49M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.58M |
| 3 |
Goldman Sachs
New York
|
+$1.46M |
| 4 |
Millennium Management
New York
|
+$1.08M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$14.6M |
| 2 |
CC
Conversant Capital
Summit,
New Jersey
|
-$5.84M |
| 3 |
Jennison Associates
New York
|
-$3.54M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.14M |
| 5 |
E
Ergoteles
New York
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FRM
126
Fox Run Management
Greenwich,
Connecticut
| – | -$52K | -11,235 | Closed |
|
|
VF
127
Virtu Financial
New York
| – | -$49K | -10,511 | Closed |
|
|
CSPIA
128
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$47K | -10,067 | Closed |
|
|
BIA
129
Bell Investment Advisors
Oakland,
California
| – | -$1K | -142 | Closed |
|
130
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$164 | -31 | -54% |
|
|
EI
131
Ellevest Inc
New York
| – | +$201 | +38 | New |
|
RSI Hedge Fund Activity: Q3 2022 in Review
122 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q3 2022, worth a combined $169M — down 27% from $230M a quarter earlier.
Fund positioning in RSI was balanced in Q3 2022: 15 funds opened new positions, 15 closed out, 51 added to existing stakes and 29 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $4.49M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $14.6M sold.
- 122 institutional investors held Rush Street Interactive (RSI) as of Q3 2022, down from 123 in Q2 2022.
- Funds reported $169M of Rush Street Interactive stock for Q3 2022, down 27% quarter-over-quarter.
- 15 funds opened new Rush Street Interactive positions in Q3 2022 and 15 closed out, a net change of 0 holders.
- The largest Rush Street Interactive buyer in Q3 2022 was Nomura Holdings, an estimated $4.49M added.
- The largest Rush Street Interactive seller in Q3 2022 was Janus Henderson Group, an estimated $14.6M sold.
Based on aggregated 13F filings for Q3 2022.