Sandell Asset Management’s Braemar Hotels & Resorts BHR Stock Holding History

Sandell Asset Management’s Portfolio BHR Stock Details BHR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-697,351	Closed	-$11.6M	–	46
2015 Q1	$11.6M	Sell	697,351 -1,614	-0.2%	-$27K	1.14%	31
2014 Q4	$11.9M	Hold	698,965	–	–	1.19%	32
2014 Q3	$10.5M	Sell	698,965 -83,300	-11%	-$1.36M	1.12%	30
2014 Q2	$13.3M	Sell	782,265 -80,036	-9%	-$1.26M	2.45%	16
2014 Q1	$12.9M	Buy	+862,301	New	+$14.3M	2.1%	18

Other funds holding BHR

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

WMSA

Weiss Multi-Strategy Advisers New York $4.16B AUM 30.77% 1-Year Est. Return

Sessa Capital New York $5.51B AUM 47.23% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

AJO LP Philadelphia, Pennsylvania $199M AUM 109.68% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

KCM

Kennedy Capital Management St Louis, Missouri $4.72B AUM 36.69% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Sandell Asset Management's BHR Position: Q2 2015 in Review

Sandell Asset Management sold out of Braemar Hotels & Resorts (BHR) in Q2 2015, closing a stake of 697,351 shares — an estimated $11.6M sold.

Sandell Asset Management first reported a position in BHR in Q1 2014 and held it in 5 quarters. The position peaked at $13.3M in Q2 2014. 121 funds tracked by Wall St. Rank hold BHR as of Q2 2015.

Sandell Asset Management reported no remaining Braemar Hotels & Resorts position as of Q2 2015 after selling out during the quarter.
Sandell Asset Management sold 697,351 Braemar Hotels & Resorts shares in Q2 2015, an estimated $11.6M.
Sandell Asset Management first reported a position in Braemar Hotels & Resorts in Q1 2014 and held it in 5 quarters.
Sandell Asset Management's Braemar Hotels & Resorts position peaked at $13.3M in Q2 2014.
121 funds tracked by Wall St. Rank held Braemar Hotels & Resorts as of Q2 2015.

Based on Sandell Asset Management's 13F filing for Q2 2015, filed 14 Aug 2015.