BAMCO Inc. Increases Stake in Red Rock Resorts, Inc. to 24.98%

On June 3, 2026, BAMCO Inc. filed a Schedule 13G/A with the SEC, reporting an increased stake in Red Rock Resorts, Inc. (RRR). According to the filing, BAMCO Inc. now beneficially owns 14,603,238 shares of Class A Common Stock, representing a 24.98% ownership stake. This is an increase from their previously reported position of 11,679,813 shares (19.75%). The filing was submitted on behalf of a group including Baron Capital Group, Inc. (BCG), BAMCO, Inc., Baron Capital Management, Inc. (BCM), and Ronald Baron. Collectively, the group reports beneficial ownership of 16,337,187 shares, or 27.94% of the class. Specifically, the Baron Partners Fund and Baron Small Cap Fund hold 8.82% and 4.27% respectively. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The event triggering this amendment occurred on May 31, 2026. BCG is a parent holding company controlled by Ronald Baron, with BAMCO and BCM serving as subsidiary investment advisers.