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BHR Capital Portfolio holdings
AUM
$48.6M
Turnover
44.44%
1-Year Est. Return
3.78%
This Fund
S&P 500
This Quarter
Est. Return
+6.31%
1 Year Est. Return
+3.78%
3 Year Est. Return
-5.89%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$754M
AUM Growth
-$124M
(-14%)
Cap. Flow
-$140M
Cap. Flow
% of AUM
-18.53%
Top 10 Holdings %
Top 10 Hldgs %
68.78%
Holding
46
New
11
Increased
4
Reduced
11
Closed
8
Avg Time Held Equity + Options
0.7
years
Top 10 Avg Time Held Equity + Options
0.7
years
Top 20 Avg Time Held Equity + Options
0.7
years
Avg Time Held Equity only
0.7
years
Top 10 Avg Time Held Equity only
0.8
years
Top 20 Avg Time Held Equity only
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$19.7M |
| 2 |
National Storage Affiliates Trust
NSA
|
+$14.7M |
| 3 |
Spirit AeroSystems
SPR
|
+$10.7M |
| 4 |
Perrigo
PRGO
|
+$8.58M |
| 5 |
Golden Ocean Group
GOGL
|
+$7.23M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Golar LNG
GLNG
|
+$31.8M |
| 2 |
PNK
Pinnacle Entertainment Inc.
PNK
|
+$31.3M |
| 3 |
Macquarie Infrastructure Holdings, LLC
MIC
|
+$30.4M |
| 4 |
Gramercy Property Trust
GPT
|
+$26.1M |
| 5 |
American Express
AXP
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 28.74% |
| 2 | Energy | 25.54% |
| 3 | Financials | 17.65% |
| 4 | Industrials | 12.25% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Golar LNG
GLNG
$4.7B
| $150M | 19.89% |
3,205,000
-732,123
| -19% | -$31.8M |
2013 Q2
8 quarters
|
|
2
Ally Financial
ALLY
$11.2B
| $62.4M | 8.27% |
2,780,660
-275,000
| -9% | -$6.06M |
2014 Q2
4 quarters
|
|
3
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $60.7M | 8.06% |
2,959,000
-30,000
| -1% | -$658K |
2013 Q2
8 quarters
|
|
4
DELISTED
Liberty Broadband Class C
LBRDK
| $51.2M | 6.78% |
1,000,000
-119,746
| -11% | -$6.38M |
2014 Q4
2 quarters
|
|
5
Scorpio Tankers
STNG
$4.31B
| $42.1M | 5.58% |
416,964
-56,536
| -12% | -$5.43M |
2013 Q2
8 quarters
|
|
6
Howard Hughes
HHH
$4.08B
| $39.5M | 5.23% |
288,475
-26,225
| -8% | -$3.73M |
2015 Q1
1 quarter
|
|
|
NGHC
7
DELISTED
National General Holdings Corp
NGHC
| $39.2M | 5.2% |
1,882,400
-375,500
| -17% | -$7.36M |
2014 Q1
5 quarters
|
|
|
8
DELISTED
Gramercy Property Trust
GPT
| $25.7M | 3.41% |
366,667
-324,999
| -47% | -$26.1M |
2014 Q1
5 quarters
|
|
9
Ashford Hospitality Trust
AHT
$12M
| $24.2M | 3.21% |
2,892
+362
| +14% | +$3.2M |
2014 Q1
5 quarters
|
|
|
CLNY
10
DELISTED
Colony Capital, Inc.
CLNY
| $23.8M | 3.15% |
1,050,000
+50,000
| +5% | +$1.27M |
2015 Q1
1 quarter
|
|
|
LVNTA
11
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $18.5M | 2.45% |
+470,000
| New | +$19.7M |
2015 Q2
0 quarters
|
|
12
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $17.7M | 2.34% |
1,150,000
-975,000
| -46% | -$16.2M |
2013 Q4
6 quarters
|
|
13
Century Communities
CCS
$1.53B
| $17.1M | 2.27% |
851,019
| – | – |
2014 Q3
3 quarters
|
|
|
SNC
14
DELISTED
State National Companies, Inc.
SNC
| $16.1M | 2.14% |
1,489,075
| – | – |
2014 Q4
2 quarters
|
|
|
SNR
15
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $14.7M | 1.95% |
1,100,000
+150,000
| +16% | +$2.38M |
2015 Q1
1 quarter
|
|
|
16
DELISTED
National Storage Affiliates Trust
NSA
| $13.9M | 1.85% |
+1,125,000
| New | +$14.7M |
2015 Q2
0 quarters
|
|
|
TSRE
17
DELISTED
TRADE STREET RESIDENTIAL, INC. COMMON STOCK
TSRE
| $12.4M | 1.64% |
1,857,624
| – | – |
2013 Q2
8 quarters
|
|
18
Independence Realty Trust
IRT
$3.45B
| $11.1M | 1.47% |
1,471,350
| – | – |
2014 Q1
5 quarters
|
|
|
19
DELISTED
Spirit AeroSystems
SPR
| $11M | 1.46% |
+200,000
| New | +$10.7M |
2015 Q2
0 quarters
|
|
20
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $10.6M | 1.4% |
32,813
| – | – |
2014 Q1
5 quarters
|
|
21
Rithm Property Trust
RPT
$82.7M
| $9.45M | 1.25% |
115,001
| – | – |
2015 Q1
1 quarter
|
|
22
MidCap Financial Investment
MFIC
$687M
| $9.2M | 1.22% |
433,333
| – | – |
2015 Q1
1 quarter
|
|
|
23
Perrigo
PRGO
$2.21B
| $8.32M | 1.1% |
+45,000
| New | +$8.58M |
2015 Q2
0 quarters
|
|
|
NETI
24
DELISTED
Eneti Inc.
NETI
| $7.93M | 1.05% |
43,629
+5,650
| +15% | +$1.39M |
2015 Q1
1 quarter
|
|
|
PNK
25
CALL
DELISTED
Pinnacle Entertainment Inc.
PNK
| $7.46M | 0.99% |
+200,000
| New | +$7.36M |
2015 Q2
0 quarters
|
|
Similar funds
IWC
NAM
FNYS
JPC
RCI
OL
MNH
GI
BHR Capital's Q2 2015 Portfolio in Review
As of Q2 2015, BHR Capital held 46 positions worth $754M, down 14% from $878M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
BHR Capital withdrew a net $140M in Q2 2015, closing 8 positions and reducing 11 holdings. Its most notable exit was Pinnacle Entertainment Inc., an estimated $31.3M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 29% of assets, down from 29% a quarter earlier, followed by Energy and Financials.
Against the trend, BHR Capital opened a new position in Liberty Interactive Corporation Series A Liberty Ventures worth $18.5M.
- BHR Capital's largest Q2 2015 buy was Liberty Interactive Corporation Series A Liberty Ventures: 470,000 shares worth $18.5M.
- BHR Capital added most to Ashford Hospitality Trust in Q2 2015, an estimated $3.2M increase.
- BHR Capital's biggest Q2 2015 reduction was Golar LNG, cutting an estimated $31.8M.
- BHR Capital fully exited Pinnacle Entertainment Inc. in Q2 2015, selling an estimated $31.3M.
- BHR Capital's ten largest holdings make up 69% of its $754M portfolio in Q2 2015.
- BHR Capital opened 11 new positions and closed 8 in Q2 2015.
- BHR Capital's portfolio value fell 14% quarter-over-quarter to $754M.
Based on BHR Capital's 13F filing for Q2 2015, filed 14 Aug 2015.