Texas Roadhouse
TXRH
402 hedge funds and large institutions have $7.39B invested in Texas Roadhouse in 2023 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 153 increasing their positions, 145 reducing their positions, and 53 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
25% more capital invested
Capital invested by funds: $5.92B → $7.39B (+$1.48B)
4.62% more ownership
Funds ownership: 97.22% → 101.83% (+4.6%)
6% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 145
4% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 53
1% less funds holding
Funds holding: 407 → 402 (-5)
19% less call options, than puts
Call options by funds: $37.4M | Put options by funds: $45.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$109M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$49.9M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$43.5M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$41.7M |
| 5 |
Squarepoint
New York
|
+$37.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$70.4M |
| 2 |
Man Group
London,
United Kingdom
|
-$38.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$37.5M |
| 4 |
JP Morgan Chase
New York
|
-$21.5M |
| 5 |
Jennison Associates
New York
|
-$18M |
TXRH Hedge Fund Activity: Q1 2023 in Review
402 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Texas Roadhouse (TXRH) for Q1 2023, worth a combined $7.39B — up 25% from $5.92B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TXRH positions and 53 closed out — a net gain of 2 holders — while 153 added to existing stakes and 145 trimmed.
The largest buyer was Bank of America, adding an estimated $109M. The largest seller was Wellington Management Group, cutting an estimated $70.4M.
- 402 institutional investors held Texas Roadhouse (TXRH) as of Q1 2023, down from 407 in Q4 2022.
- Funds reported $7.39B of Texas Roadhouse stock for Q1 2023, up 25% quarter-over-quarter.
- 55 funds opened new Texas Roadhouse positions in Q1 2023 and 53 closed out, a net change of +2 holders.
- The largest Texas Roadhouse buyer in Q1 2023 was Bank of America, an estimated $109M added.
- The largest Texas Roadhouse seller in Q1 2023 was Wellington Management Group, an estimated $70.4M sold.
Based on aggregated 13F filings for Q1 2023.