Rush Street Interactive
RSI
160 hedge funds and large institutions have $609M invested in Rush Street Interactive in 2024 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 65 increasing their positions, 31 reducing their positions, and 24 closing their positions.
492% more call options, than puts
Call options by funds: $5.91M | Put options by funds: $997K
113% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 24
110% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 31
64% more capital invested
Capital invested by funds: $372M → $609M (+$237M)
20% more funds holding
Funds holding: 133 → 160 (+27)
5.19% more ownership
Funds ownership: 74.53% → 79.72% (+5.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.2M |
| 2 |
BlackRock
New York
|
+$10.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$8.89M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$24M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$21.2M |
| 3 |
CC
Conversant Capital
Summit,
New Jersey
|
-$11M |
| 4 |
Morgan Stanley
New York
|
-$10.5M |
| 5 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$8.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Mariner
Overland Park,
Kansas
| – | -$70.8K | -10,880 | Closed |
|
|
AC
177
AXQ Capital
Jersey City,
New Jersey
| – | -$67.1K | -10,300 | Closed |
|
|
NC
178
nVerses Capital
Wellington,
Florida
| – | -$43K | -6,600 | Closed |
|
|
PAS
179
Point72 Asia (Singapore)
Singapore
| – | -$29.2K | -4,482 | Closed |
|
|
MLICM
180
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$24.2K | -3,714 | Closed |
|
|
FFWM
181
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$5.21K | -800 | Closed |
|
|
HCP
182
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$130 | -20 | Closed |
|
|
AWM
183
Avior Wealth Management
Omaha,
Nebraska
| – | -$71 | -11 | Closed |
|
|
RBC
184
Roble Belko & Company
Sewickley,
Pennsylvania
| – | +$56 | +7 | New |
|
RSI Hedge Fund Activity: Q2 2024 in Review
160 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q2 2024, worth a combined $609M — up 64% from $372M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new RSI positions and 24 closed out — a net gain of 27 holders — while 65 added to existing stakes and 31 trimmed.
The largest buyer was Nuveen, adding an estimated $14.2M. The largest seller was Nomura Holdings, cutting an estimated $24M.
- 160 institutional investors held Rush Street Interactive (RSI) as of Q2 2024, up from 133 in Q1 2024.
- Funds reported $609M of Rush Street Interactive stock for Q2 2024, up 64% quarter-over-quarter.
- 51 funds opened new Rush Street Interactive positions in Q2 2024 and 24 closed out, a net change of +27 holders.
- The largest Rush Street Interactive buyer in Q2 2024 was Nuveen, an estimated $14.2M added.
- The largest Rush Street Interactive seller in Q2 2024 was Nomura Holdings, an estimated $24M sold.
Based on aggregated 13F filings for Q2 2024.