Texas Roadhouse
TXRH
510 hedge funds and large institutions have $9.64B invested in Texas Roadhouse in 2024 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 173 increasing their positions, 174 reducing their positions, and 33 closing their positions.
185% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 33
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
20% more capital invested
Capital invested by funds: $8.03B → $9.64B (+$1.61B)
12% more funds holding
Funds holding: 455 → 510 (+55)
1% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 174
9% less call options, than puts
Call options by funds: $43.9M | Put options by funds: $48.2M
4.96% less ownership
Funds ownership: 98.34% → 93.37% (-5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$79.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$76.6M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$63.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$58.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$234M |
| 2 |
Holocene Advisors
New York
|
-$158M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$79.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$70.2M |
| 5 |
JP Morgan Chase
New York
|
-$65.8M |
TXRH Hedge Fund Activity: Q1 2024 in Review
510 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Texas Roadhouse (TXRH) for Q1 2024, worth a combined $9.64B — up 20% from $8.03B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new TXRH positions and 33 closed out — a net gain of 61 holders — while 173 added to existing stakes and 174 trimmed.
The largest buyer was Bank of America, adding an estimated $79.9M. The largest seller was Neuberger Berman Group, cutting an estimated $234M.
- 510 institutional investors held Texas Roadhouse (TXRH) as of Q1 2024, up from 455 in Q4 2023.
- Funds reported $9.64B of Texas Roadhouse stock for Q1 2024, up 20% quarter-over-quarter.
- 94 funds opened new Texas Roadhouse positions in Q1 2024 and 33 closed out, a net change of +61 holders.
- The largest Texas Roadhouse buyer in Q1 2024 was Bank of America, an estimated $79.9M added.
- The largest Texas Roadhouse seller in Q1 2024 was Neuberger Berman Group, an estimated $234M sold.
Based on aggregated 13F filings for Q1 2024.