Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
17 hedge funds and large institutions have $57.7M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
13% more funds holding
Funds holding: 15 → 17 (+2)
0% more capital inflows, than outflows
Capital inflows: $28.3M | Capital outflows: $28.2M
0.15% more ownership
Funds ownership: 67.19% → 67.34% (+0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$26.1M |
| 2 |
LCM
LDR Capital Management
New York
|
+$1.54M |
| 3 |
LPL Financial
San Diego,
California
|
+$89.3K |
| 4 |
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$82.9K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Forward Management
San Francisco,
California
|
-$28M |
| 2 |
Advisornet Financial
Minnetonka,
Minnesota
|
-$120K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$24.4K |
| 4 |
Patton Albertson Miller Group
Chattanooga,
Tennessee
|
-$18K |
| 5 |
Morgan Stanley
New York
|
-$12.2K |
BHR.PRB Hedge Fund Activity: Q4 2018 in Review
17 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q4 2018, worth a combined $57.7M — down 9.1% from $63.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BHR.PRB positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Highland Capital Management (Texas), opening a new position worth an estimated $26.1M. The largest seller was Forward Management, cutting an estimated $28M.
- 17 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q4 2018, up from 15 in Q3 2018.
- Funds reported $57.7M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q4 2018, down 9.1% quarter-over-quarter.
- 3 funds opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q4 2018 and 1 closed out, a net change of +2 holders.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q4 2018 was Highland Capital Management (Texas), an estimated $26.1M added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q4 2018 was Forward Management, an estimated $28M sold.
Based on aggregated 13F filings for Q4 2018.