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 ($7.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $61.06. Options: 9 managers hold calls ($19.7m notional), 4 hold puts ($4.0m).
Trends to Q3 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 |
| Q3 2025 | 249 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q3 2025 | 142 | 96 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $8.9m | $2.8m | 0.32 |
| Q1 2025 | $11.2m | $7.5m | 0.67 |
| Q2 2025 | $12.4m | $8.4m | 0.68 |
| Q3 2025 | $19.7m | $4.0m | 0.20 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.3m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +1.1m |
| GOLDMAN SACHS GROUP INC | Added | +574.0k |
| VANGUARD GROUP INC | Added | +349.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +283.6k |
| JPMORGAN CHASE & CO | Added | +267.0k |
| TUDOR INVESTMENT CORP ET AL | New | +247.5k |
| JANUS HENDERSON GROUP PLC | Added | +197.6k |
| Nuveen, LLC | Added | +183.1k |
| Qube Research & Technologies Ltd | New | +159.4k |
Biggest sellers
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -1.1m |
| Long Pond Capital, LP | Sold out | -902.6k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Reduced | -878.3k |
| T. Rowe Price Investment Management, Inc. | Reduced | -797.3k |
| EMINENCE CAPITAL, LP | Reduced | -658.0k |
| Balyasny Asset Management L.P. | Reduced | -407.5k |
| ArrowMark Colorado Holdings LLC | Sold out | -399.3k |
| Point72 Asset Management, L.P. | Sold out | -368.3k |
| Sequoia Financial Advisors, LLC | Sold out | -200.9k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -192.5k |
Biggest calls
| PEAK6 LLC | Added | $6.1m99.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.1m67.6k shares |
| GROUP ONE TRADING LLC | Reduced | $3.3m53.4k shares |
| CITADEL ADVISORS LLC | Added | $1.9m30.6k shares |
| JANE STREET GROUP, LLC | Reduced | $1.7m27.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m27.0k shares |
| IMC-Chicago, LLC | New | $641.1k10.5k shares |
| Walleye Trading LLC | Added | $250.3k4.1k shares |
| Walleye Capital LLC | Added | $146.5k2.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $2.6m42.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.0m16.8k shares |
| Walleye Trading LLC | Reduced | $329.7k5.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.0k100 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 0 | — | 3 | $15.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-22 | Nichols Kord EVP & Chief Operating Officer | Sold | $2.3m37.1k shares |
| 2025-08-13 | Nichols Kord EVP & Chief Operating Officer | Sold | $320.2k5.2k shares |
| 2025-08-12 | Nichols Kord EVP & Chief Operating Officer | Sold | $2.5m42.3k shares |
| 2025-08-01 | Cootey Stephen Lawrence EVP & Chief Financial Officer | Sold | $7.3m121.4k shares |
| 2025-08-01 | Welch Jeffrey T EVP and Chief Legal Officer | Sold | $3.4m56.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BAMCO INC /NY/ 1.99% of their portfolio | 12.3m $749.2m | Added +163 |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.6m $339.8m | Added +349.8k |
| BlackRock, Inc. 0.00% of their portfolio | 3.9m $235.8m | Added +128.2k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.71% of their portfolio | 2.4m $149.5m | Reduced -878.3k |
| EMINENCE CAPITAL, LP 2.16% of their portfolio | 2.4m $146.6m | Reduced -658.0k |
| FMR LLC 0.01% of their portfolio | 2.1m $129.2m | Reduced -46.9k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 1.5m $93.1m | Added +141.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.4m $82.7m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $72.3m | Reduced -13.9k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.29% of their portfolio | 1.1m $70.1m | Reduced -192.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.23% of their portfolio | 1.1m $68.7m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $68.3m | Added +38.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.1m $64.5m | Added +574.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 697.6k $42.6m | Reduced -89.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.36% of their portfolio | 642.0k $39.2m | Reduced -1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 588.6k $35.9m | Reduced -5.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 493.4k $30.1m | Added +1.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 453.1k $27.7m | Reduced -5.0k |
| Nuveen, LLC 0.01% of their portfolio | 420.3k $25.7m | Added +183.1k |
| COMERICA BANK 0.09% of their portfolio | 387.8k $23.7m | Reduced -10.1k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 385.9k $23.6m | Reduced -407.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 373.5k $22.8m | Reduced -1.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 360.4k $22.0m | Added +267.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 334.6k $20.4m | Added +283.6k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 316.8k $19.3m | Reduced -797.3k |
| Capital World Investors 0.00% of their portfolio | 312.5k $19.1m | Added +100.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 294.4k $18.0m | Added +2.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 293.7k $17.9m | Reduced -59.6k |
| MORGAN STANLEY 0.00% of their portfolio | 263.4k $16.1m | Added +62.8k |
| HANTZ FINANCIAL SERVICES, INC. 0.23% of their portfolio | 252.2k $15.4m | Reduced -18.5k |
| TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio | 247.5k $15.1m | New |
| Invesco Ltd. 0.00% of their portfolio | 236.6k $14.4m | Added +158.1k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 220.8k $13.5m | Added +197.6k |
| Hudson Bay Capital Management LP 0.08% of their portfolio | 213.3k $13.0m | Added +71.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 207.8k $12.7m | Added +153.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 168.0k $10.3m | Added +54.6k |
| Squarepoint Ops LLC 0.02% of their portfolio | 166.2k $10.1m | Added +121.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 159.4k $9.7m | New |
| UBS Group AG 0.00% of their portfolio | 156.1k $9.5m | Reduced -18.3k |
| BARCLAYS PLC 0.00% of their portfolio | 153.7k $9.4m | Added +36.9k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 136.7k $8.3m | Added +9.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 129.1k $7.9m | Added +123.4k |
| Edgestream Partners, L.P. 0.23% of their portfolio | 128.6k $7.9m | Added +111.4k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 120.2k $7.3m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 117.1k $7.2m | Reduced -26.0k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 117.0k $7.1m | Reduced -191.7k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 107.5k $6.6m | Added +85.4k |
| ExodusPoint Capital Management, LP 0.09% of their portfolio | 107.4k $6.6m | Added +83.2k |
| Swiss National Bank 0.00% of their portfolio | 99.0k $6.0m | Added +1.5k |
| Bullseye Asset Management LLC 3.05% of their portfolio | 95.3k $5.8m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 88.4k $5.4m | Reduced -65.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 88.4k $5.4m | Reduced -22.1k |
| BI Asset Management Fondsmaeglerselskab A/S 0.04% of their portfolio | 81.3k $5.0m | New |
| DARK FOREST CAPITAL MANAGEMENT LP 0.18% of their portfolio | 79.6k $4.9m | Reduced -91.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 75.7k $4.6m | Added +54.5k |
| Diametric Capital, LP 1.71% of their portfolio | 75.3k $4.6m | Added +2.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 74.1k $4.5m | Reduced -4.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 72.9k $4.5m | Added +39.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 67.8k $4.1m | Added +62.0k |
| Crystal Rock Capital Management 2.23% of their portfolio | 67.0k $4.1m | Reduced -5.1k |
| NATIXIS 0.02% of their portfolio | 66.5k $4.1m | New |
| Paloma Partners Management Co 0.77% of their portfolio | 63.0k $3.8m | Added +20.0k |
| Cerity Partners LLC 0.01% of their portfolio | 60.5k $3.7m | Reduced -8.4k |
| Quantbot Technologies LP 0.10% of their portfolio | 59.2k $3.6m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 58.0k $3.5m | Added +1.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 57.0k $3.5m | Reduced -7.1k |
| CITIGROUP INC 0.00% of their portfolio | 56.4k $3.4m | Reduced -25.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 55.1k $3.4m | Reduced -2.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 54.8k $3.3m | Reduced -127.1k |
| Trexquant Investment LP 0.03% of their portfolio | 53.5k $3.3m | Reduced -48.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 50.5k $3.1m | Added +42.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 49.3k $3.0m | Reduced -38.0k |
| Legal & General Group Plc 0.00% of their portfolio | 48.2k $2.9m | Reduced -955 |
| Verition Fund Management LLC 0.02% of their portfolio | 47.8k $2.9m | Reduced -4.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.7k $2.9m | Added +3 |
| Aquatic Capital Management LLC 0.05% of their portfolio | 44.5k $2.7m | First filing |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 43.2k $2.6m | Added +41.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio | 40.8k $2.5m | Unchanged |
| Holocene Advisors, LP 0.01% of their portfolio | 38.9k $2.4m | Reduced -44.2k |
| WBI INVESTMENTS, LLC 0.60% of their portfolio | 38.7k $2.4m | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 37.4k $2.3m | Added +2.8k |
| Jain Global LLC 0.03% of their portfolio | 36.0k $2.2m | Added +25.1k |
| Creative Planning 0.00% of their portfolio | 34.5k $2.1m | Added +8.1k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 33.8k $2.1m | New |
| Voleon Capital Management LP 0.05% of their portfolio | 32.1k $2.0m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 31.9k $1.9m | Added +20.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 30.4k $1.9m | Added +16.8k |
| III Capital Management 0.43% of their portfolio | 29.1k $1.8m | New |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 29.0k $1.8m | New |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 28.9k $1.8m | Added +125 |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 28.8k $1.8m | New |
| MetLife Investment Management, LLC 0.01% of their portfolio | 28.2k $1.7m | Reduced -803 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 27.5k $1.7m | Added +1.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 26.2k $1.6m | Reduced -1.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 25.9k $1.6m | Reduced -620 |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 25.3k $1.5m | Reduced -2.2k |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 25.2k $1.5m | Reduced -3.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 24.0k $1.5m | Added +14.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 24.0k $1.5m | Reduced -3.7k |
| Auxano Advisors, LLC 0.30% of their portfolio | 23.3k $1.4m | Reduced -163 |