Red Robin (RRGB)

• Market cap: $92.3M
• 1 day: 5.99%
• 5 days: 4.94%
• 1 month: 6.84%
• 3 months: 34.09%
• 6 months: -30.13%
• Year to date: -55.11%
• 1 year: -54.07%
• 5 years: -82.41%
• 10 years: -92.92%
• Sector: Consumer Discretionary
• Industry: Eating Places

About: Red Robin Gourmet Burgers Inc is a restaurant operator. The company develops, operates, and franchises casual-dining restaurants and fast-casual restaurants in North America. Its brands are Red Robin, Red Robin Gourmet Burgers, Red Robin America's Gourmet Burgers and Spirits, Red Robin Burger Works, YUMMM, Red Robin Gourmet Burgers and Brews, and Red Robin Royalty names and logos. The company's revenue consists of sales from restaurant operations, gift card breakage, franchise royalties and fees, and other miscellaneous revenue.

Employees: 22,516

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

15% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 20

20.71% less ownership

Funds ownership: 69.44% [Q2] → 48.73% (-20.71%) [Q3]

28% less funds holding

Funds holding: 92 [Q2] → 66 (-26) [Q3]

59% less capital invested

Capital invested by funds: $82.4M [Q2] → $33.8M (-$48.6M) [Q3]

60% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 43

81% less call options, than puts

Call options by funds: $231K | Put options by funds: $1.22M

100% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 0 (-3) [Q3]