Rush Street Interactive
RSI
120 hedge funds and large institutions have $230M 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
4% more funds holding
Funds holding: 115 → 120 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $231M → $230M (-$892K)
0.79% less ownership
Funds ownership: 72.25% → 71.47% (-0.79%)
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$4.14M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$3.43M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.72M |
| 4 |
BlackRock
New York
|
+$1.97M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.25M |
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 |
RSI Hedge Fund Activity: Q4 2023 in Review
120 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Rush Street Interactive (RSI) for Q4 2023, worth a combined $230M — down 0.39% 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 HG Vora Capital Management, adding an estimated $4.14M. 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 $230M of Rush Street Interactive stock for Q4 2023, down 0.39% 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 HG Vora Capital Management, an estimated $4.14M 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.