Rush Street Interactive
115 hedge funds and large institutions have $231M invested in Rush Street Interactive in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 11 closing their positions.
3,939% more call options, than puts
Call options by funds: $3.03M | Put options by funds: $75K
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
55% more capital invested
Capital invested by funds: $149M → $231M (+$82M)
8% more funds holding
Funds holding: 106 → 115 (+9)
1.47% more ownership
Funds ownership: 70.79% → 72.25% (+1.5%)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.78M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.15M |
| 3 |
Morgan Stanley
New York
|
+$2.16M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.9M |
| 5 |
GSC
Grey Street Capital
Chicago,
Illinois
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.09M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$3.87M |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$2.41M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.42M |
| 5 |
JP Morgan Chase
New York
|
-$568K |
RSI Hedge Fund Activity: Q3 2023 in Review
115 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q3 2023, worth a combined $231M — up 55% from $149M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new RSI positions and 11 closed out — a net gain of 9 holders — while 37 added to existing stakes and 35 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $7.78M. The largest seller was Millennium Management, cutting an estimated $4.09M.
- 115 institutional investors held Rush Street Interactive (RSI) as of Q3 2023, up from 106 in Q2 2023.
- Funds reported $231M of Rush Street Interactive stock for Q3 2023, up 55% quarter-over-quarter.
- 20 funds opened new Rush Street Interactive positions in Q3 2023 and 11 closed out, a net change of +9 holders.
- The largest Rush Street Interactive buyer in Q3 2023 was Fidelity Investments, an estimated $7.78M added.
- The largest Rush Street Interactive seller in Q3 2023 was Millennium Management, an estimated $4.09M sold.
Based on aggregated 13F filings for Q3 2023.