Texas Roadhouse
TXRH
438 hedge funds and large institutions have $6.08B invested in Texas Roadhouse in 2023 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 142 increasing their positions, 179 reducing their positions, and 64 closing their positions.
21% more call options, than puts
Call options by funds: $59.9M | Put options by funds: $49.5M
3% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 64
1% less funds holding
Funds holding: 444 → 438 (-6)
3.97% less ownership
Funds ownership: 98.48% → 94.51% (-4%)
18% less capital invested
Capital invested by funds: $7.41B → $6.08B (-$1.33B)
21% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 179
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$56.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$39.5M |
| 3 |
Renaissance Technologies
New York
|
+$36.5M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$31.3M |
| 5 |
Holocene Advisors
New York
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$83M |
| 2 |
Millennium Management
New York
|
-$80M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$78.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$67.8M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$61.8M |
TXRH Hedge Fund Activity: Q3 2023 in Review
438 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Texas Roadhouse (TXRH) for Q3 2023, worth a combined $6.08B — down 18% from $7.41B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of TXRH and 62 opened new positions — a net loss of 2 holders — while 179 trimmed existing stakes and 142 added.
The largest buyer was Steadfast Capital Management, adding an estimated $56.6M. The largest seller was Balyasny Asset Management, cutting an estimated $83M.
- 438 institutional investors held Texas Roadhouse (TXRH) as of Q3 2023, down from 444 in Q2 2023.
- Funds reported $6.08B of Texas Roadhouse stock for Q3 2023, down 18% quarter-over-quarter.
- 62 funds opened new Texas Roadhouse positions in Q3 2023 and 64 closed out, a net change of -2 holders.
- The largest Texas Roadhouse buyer in Q3 2023 was Steadfast Capital Management, an estimated $56.6M added.
- The largest Texas Roadhouse seller in Q3 2023 was Balyasny Asset Management, an estimated $83M sold.
Based on aggregated 13F filings for Q3 2023.