Rush Street Interactive
120 hedge funds and large institutions have $244M invested in Rush Street Interactive in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 12 closing their positions.
2,097% more call options, than puts
Call options by funds: $2.57M | Put options by funds: $117K
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
6% more capital invested
Capital invested by funds: $231M → $244M (+$13.3M)
4% more funds holding
Funds holding: 115 → 120 (+5)
3.61% more ownership
Funds ownership: 72.25% → 75.87% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.2M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$4.14M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$3.43M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.72M |
| 5 |
BlackRock
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSC
Grey Street Capital
Chicago,
Illinois
|
-$2.85M |
| 2 |
Millennium Management
New York
|
-$2.21M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.82M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.66M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Squarepoint
New York
| – | -$187K | -40,572 | Closed |
|
127
Verition Fund Management
Greenwich,
Connecticut
| – | -$161K | -34,903 | Closed |
|
|
TI
128
Tidal Investments
Milwaukee,
Wisconsin
| – | -$159K | -34,354 | Closed |
|
|
FRM
129
Fox Run Management
Greenwich,
Connecticut
| – | -$107K | -23,193 | Closed |
|
|
HF
130
HRT Financial
New York
| – | -$47K | -10,325 | Closed |
|
|
CA
131
Crewe Advisors
Salt Lake City,
Utah
| – | -$121 | -26 | Closed |
|
RSI Hedge Fund Activity: Q4 2023 in Review
120 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q4 2023, worth a combined $244M — up 5.8% from $231M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RSI positions and 12 closed out — a net gain of 5 holders — while 38 added to existing stakes and 39 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.2M. The largest seller was Grey Street Capital, exiting entirely with an estimated $2.85M sold.
- 120 institutional investors held Rush Street Interactive (RSI) as of Q4 2023, up from 115 in Q3 2023.
- Funds reported $244M of Rush Street Interactive stock for Q4 2023, up 5.8% quarter-over-quarter.
- 17 funds opened new Rush Street Interactive positions in Q4 2023 and 12 closed out, a net change of +5 holders.
- The largest Rush Street Interactive buyer in Q4 2023 was Morgan Stanley, an estimated $13.2M added.
- The largest Rush Street Interactive seller in Q4 2023 was Grey Street Capital, an estimated $2.85M sold.
Based on aggregated 13F filings for Q4 2023.