Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
14 hedge funds and large institutions have $63.2M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
1.36% less ownership
Funds ownership: 67.77% → 66.41% (-1.4%)
10% less capital invested
Capital invested by funds: $70.2M → $63.2M (-$7.04M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$779K |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$203K |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$135K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$1.32M |
| 2 |
LCM
LDR Capital Management
New York
|
-$675K |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$286K |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$100K |
| 5 |
LPL Financial
San Diego,
California
|
-$74.2K |
BHR.PRB Hedge Fund Activity: Q4 2019 in Review
14 of the 5,091 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q4 2019, worth a combined $63.2M — down 10% from $70.2M a quarter earlier.
Fund positioning in BHR.PRB was balanced in Q4 2019: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, adding an estimated $779K. The largest seller was Forward Management, cutting an estimated $1.32M.
- 14 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $63.2M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q4 2019, down 10% quarter-over-quarter.
- 1 fund opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q4 2019 and 1 closed out, a net change of 0 holders.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q4 2019 was BlackRock, an estimated $779K added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q4 2019 was Forward Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2019.