Institutional Insights: Roblox's Hedge Fund Holdings Revealed

2024-03-12

During the quarter ending on December 31, 2023, data from sharkstracker.com revealed that Roblox (RBLX) was held by a total of 640 hedge funds, with a cumulative holding of 457,155,202 shares. Additionally, 29 ETFs held RBLX, with a total of 17,019,296 shares in their portfolios. Among the top institutional holders of RBLX shares were Altos Ventures Management, Inc., VANGUARD GROUP INC, MORGAN STANLEY, BAILLIE GIFFORD & CO, and BlackRock Inc.

In the same quarter, 235 hedge funds were actively purchasing RBLX shares, while 218 were selling off their holdings. The buying activity resulted in an acquisition of 48,819,195 RBLX shares, while 46,290,080 shares were sold by hedge funds. Notably, 64 hedge funds decided to double their positions in RBLX, whereas 8 funds opted to divest at least 90% of their RBLX shares.

This data offers a detailed and analytical perspective on the Roblox market for investors and analysts alike. For those seeking more in-depth insights, the complete article can be accessed on sharkstracker.com.