RED ROCK RESORTS INC RRR
CL A · Common Stock · CUSIP 75700L108
- SectorConsumer discretionary
- IndustryHotels & Motels
- HeadquartersLas Vegas, NV
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($16.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.03. Options: 9 managers hold calls ($12.4m notional), 10 hold puts ($8.4m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 170 |
| Q4 2022 | 172 |
| Q1 2023 | 183 |
| Q2 2023 | 184 |
| Q3 2023 | 159 |
| Q4 2023 | 172 |
| Q1 2024 | 193 |
| Q2 2024 | 181 |
| Q3 2024 | 204 |
| Q4 2024 | 190 |
| Q1 2025 | 207 |
| Q2 2025 | 216 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 81 | 97 |
| Q4 2023 | 86 | 80 |
| Q1 2024 | 94 | 86 |
| Q2 2024 | 96 | 92 |
| Q3 2024 | 109 | 69 |
| Q4 2024 | 92 | 104 |
| Q1 2025 | 116 | 85 |
| Q2 2025 | 108 | 115 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $12.8m | $8.4m | 0.65 |
| Q4 2024 | $8.9m | $2.8m | 0.32 |
| Q1 2025 | $11.2m | $7.5m | 0.67 |
| Q2 2025 | $12.4m | $8.4m | 0.68 |
Biggest buyers
| BAMCO INC /NY/ | Added | +666.6k |
| EMINENCE CAPITAL, LP | Added | +581.1k |
| CITADEL ADVISORS LLC | Added | +283.9k |
| Point72 Asset Management, L.P. | Added | +281.6k |
| Balyasny Asset Management L.P. | Added | +277.4k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +171.2k |
| ARMISTICE CAPITAL, LLC | New | +161.2k |
| MARSHALL WACE, LLP | Added | +144.7k |
| Hudson Bay Capital Management LP | New | +141.4k |
| J. Goldman & Co LP | New | +118.7k |
Biggest sellers
| FMR LLC | Reduced | -1.0m |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Reduced | -481.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -403.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -342.9k |
| Long Pond Capital, LP | Reduced | -310.6k |
| UBS Group AG | Reduced | -154.0k |
| AMERIPRISE FINANCIAL INC | Sold out | -152.8k |
| Trexquant Investment LP | Reduced | -145.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -117.0k |
| Man Group plc | Reduced | -116.4k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $3.3m62.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.8m53.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m44.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.8m34.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m23.5k shares |
| PEAK6 LLC | Added | $738.8k14.2k shares |
| Walleye Trading LLC | Added | $202.9k3.9k shares |
| Walleye Capital LLC | Unchanged | $20.8k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $2.5m47.8k shares |
| Caption Management, LLC | Unchanged | $1.7m32.1k shares |
| PEAK6 LLC | Added | $1.3m24.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $868.9k16.7k shares |
| JANE STREET GROUP, LLC | Added | $645.2k12.4k shares |
| GROUP ONE TRADING LLC | Reduced | $624.4k12.0k shares |
| Walleye Trading LLC | Reduced | $463.1k8.9k shares |
| Walleye Capital LLC | Reduced | $234.1k4.5k shares |
| SIMPLEX TRADING, LLC | Added | $130.0k2.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
FERTITTA LORENZO J
13D · may seek influence
filed 2025-12-17
Stated purposeThe disclosure in Item 4 is hereby supplemented by adding the following: On September 12, 2025, FJF, LLC sold 200,000 shares of Class A Common Stock, at the opening price of the Class A Common Stock on September 12, 2025, to the Frank J. Fertitta, III 2006 Irrevocable Trust in connection with an estate planning transaction. On November 4, 2025, the FJF 2006 Irrevocable Trust transferred 1,843,134 shares of Class A Common Stock to KVF RRR, LLC and the LJF 2006 Irrevocable Trust transferred 911,134 shares of Class A Common Stock to LNA RRR, LLC. KVF RRR, LLC and LNA RRR, LLC are each newly formed entities managed solely by Frank J. Fertitta III and Lorenzo J. Fertitta, respectively. Full filing |
45.5% |
| BAMCO INC /NY/ 13G · institution +5.3 pts · filed 2026-06-03 | 27.9% |
| BlackRock, Inc. 13G · institution filed 2025-12-04 | 11.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), EMINENCE CAPITAL, LP (4.0%, 2025-11-14)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $5.0m | — |
| Q2 2024 | 1 | $40.3m | 1 | $40.3m | — |
| Q3 2024 | 2 | $20.9m | 1 | $2.9m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BAMCO INC /NY/ 1.73% of their portfolio | 12.3m $638.4m | Added +666.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.2m $271.3m | Added +80.7k |
| BlackRock, Inc. 0.00% of their portfolio | 3.7m $194.2m | Reduced -14.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.80% of their portfolio | 3.3m $173.1m | Reduced -481.9k |
| EMINENCE CAPITAL, LP 2.34% of their portfolio | 3.1m $159.2m | Added +581.1k |
| FMR LLC 0.01% of their portfolio | 2.2m $112.6m | Reduced -1.0m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.86% of their portfolio | 1.8m $92.3m | Added +171.2k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 1.4m $72.0m | Added +283.9k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.29% of their portfolio | 1.3m $69.7m | Reduced -20.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $62.3m | Added +1.1k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.1m $58.0m | Reduced -102.9k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $56.2m | Reduced -41.5k |
| Long Pond Capital, LP 3.09% of their portfolio | 902.6k $47.0m | Reduced -310.6k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 793.4k $41.3m | Added +277.4k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 787.2k $41.0m | Reduced -88.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 594.5k $30.9m | Reduced -1.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 491.8k $25.6m | Reduced -888 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 482.4k $25.1m | Reduced -403.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 458.2k $23.8m | Reduced -19.1k |
| ArrowMark Colorado Holdings LLC 0.37% of their portfolio | 399.3k $20.8m | Reduced -67.7k |
| COMERICA BANK 0.08% of their portfolio | 398.0k $20.7m | Added +20.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 375.2k $19.5m | Reduced -13.5k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 368.3k $19.2m | Added +281.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 353.3k $18.4m | Added +57.1k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 308.6k $16.1m | Added +21.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 291.9k $15.2m | Added +7.0k |
| HANTZ FINANCIAL SERVICES, INC. 0.23% of their portfolio | 270.7k $14.1m | Reduced -12.3k |
| Nuveen, LLC 0.00% of their portfolio | 237.2k $12.3m | Reduced -17.0k |
| Capital World Investors 0.00% of their portfolio | 212.5k $11.1m | Unchanged |
| Sequoia Financial Advisors, LLC 0.07% of their portfolio | 200.9k $10.5m | Added +676 |
| MORGAN STANLEY 0.00% of their portfolio | 200.6k $10.4m | Reduced -36.1k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 181.9k $9.5m | Added +144.7k |
| UBS Group AG 0.00% of their portfolio | 174.5k $9.1m | Reduced -154.0k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.36% of their portfolio | 170.7k $8.9m | Added +49.5k |
| ARMISTICE CAPITAL, LLC 0.32% of their portfolio | 161.2k $8.4m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 153.7k $8.0m | Added +47.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 143.1k $7.4m | Reduced -117.0k |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 141.4k $7.4m | New |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 126.9k $6.6m | Added +5.4k |
| J. Goldman & Co LP 0.19% of their portfolio | 118.7k $6.2m | New |
| BARCLAYS PLC 0.00% of their portfolio | 116.8k $6.1m | Added +55.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 113.5k $5.9m | Added +31.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 110.5k $5.8m | Reduced -113.0k |
| Trexquant Investment LP 0.06% of their portfolio | 101.9k $5.3m | Reduced -145.4k |
| Swiss National Bank 0.00% of their portfolio | 97.5k $5.1m | Reduced -700 |
| Bullseye Asset Management LLC 2.47% of their portfolio | 95.3k $5.0m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 93.4k $4.9m | Reduced -11.2k |
| Cinctive Capital Management LP 0.27% of their portfolio | 91.6k $4.8m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 87.3k $4.5m | Reduced -342.9k |
| Holocene Advisors, LP 0.01% of their portfolio | 83.1k $4.3m | Added +3.3k |
| CITIGROUP INC 0.00% of their portfolio | 81.9k $4.3m | Reduced -22.5k |
| Invesco Ltd. 0.00% of their portfolio | 78.5k $4.1m | Added +9.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 78.3k $4.1m | Added +5.0k |
| Diametric Capital, LP 2.02% of their portfolio | 72.8k $3.8m | New |
| Crystal Rock Capital Management 2.16% of their portfolio | 72.0k $3.7m | Unchanged |
| Cerity Partners LLC 0.01% of their portfolio | 68.9k $3.6m | Reduced -4.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 64.1k $3.3m | Added +18.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 57.7k $3.0m | Reduced -68.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 57.4k $3.0m | Reduced -7.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 56.5k $2.9m | Reduced -900 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 56.2k $2.9m | Added +30.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 54.7k $2.8m | Reduced -109.5k |
| Verition Fund Management LLC 0.02% of their portfolio | 52.5k $2.7m | Added +17.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 51.0k $2.7m | Reduced -74.5k |
| Legal & General Group Plc 0.00% of their portfolio | 49.1k $2.6m | Reduced -5.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.7k $2.4m | Added +343 |
| Squarepoint Ops LLC 0.01% of their portfolio | 45.0k $2.3m | Added +4.4k |
| Paloma Partners Management Co 0.51% of their portfolio | 43.0k $2.2m | New |
| Nebula Research & Development LLC 0.19% of their portfolio | 42.0k $2.2m | Added +8.9k |
| NORGES BANK 0.00% of their portfolio | 41.4k $2.2m | Reduced -34.6k |
| Man Group plc 0.00% of their portfolio | 41.1k $2.1m | Reduced -116.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.06% of their portfolio | 40.8k $2.1m | Reduced -27.1k |
| TD Asset Management Inc 0.00% of their portfolio | 36.9k $1.9m | Reduced -4.0k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 34.6k $1.8m | Added +28.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 33.2k $1.7m | Reduced -4.1k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 29.0k $1.5m | Reduced -49 |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 28.9k $1.5m | Reduced -3.6k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 28.7k $1.5m | Added +751 |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 27.7k $1.4m | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 27.5k $1.4m | Reduced -3.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 27.4k $1.4m | Reduced -1.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 26.8k $1.4m | Reduced -2.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 26.6k $1.4m | Added +19.5k |
| Creative Planning 0.00% of their portfolio | 26.4k $1.4m | Added +5.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 25.9k $1.3m | Added +2.2k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 24.2k $1.3m | New |
| Malaga Cove Capital, LLC 0.48% of their portfolio | 23.7k $1.2m | Reduced -1.1k |
| Auxano Advisors, LLC 0.28% of their portfolio | 23.4k $1.2m | Reduced -1.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 23.2k $1.2m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 22.1k $1.1m | Reduced -41.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 21.2k $1.1m | Reduced -25.4k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 20.3k $1.1m | Reduced -5.3k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 20.0k $1.0m | New |
| TWO SIGMA SECURITIES, LLC 0.13% of their portfolio | 19.6k $1.0m | New |
| Gotham Asset Management, LLC 0.01% of their portfolio | 19.0k $986.5k | Reduced -12.0k |
| WCG Wealth Advisors LLC 0.06% of their portfolio | 18.1k $944.3k | Reduced -90 |
| Edgestream Partners, L.P. 0.02% of their portfolio | 17.2k $895.1k | Reduced -18.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 15.4k $801.4k | Unchanged |
| Baron Wealth Management LLC 0.27% of their portfolio | 14.9k $774.9k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 14.9k $774.4k | Added +357 |