Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
16 hedge funds and large institutions have $17M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 0 closing their positions.
14% more funds holding
Funds holding: 14 → 16 (+2)
6.33% less ownership
Funds ownership: 66.41% → 60.08% (-6.3%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
73% less capital invested
Capital invested by funds: $63.2M → $17M (-$46.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$447K |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$378K |
| 3 |
TG
TCW Group
Los Angeles,
California
|
+$280K |
| 4 |
LPL Financial
San Diego,
California
|
+$96.8K |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$87.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$3.68M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$1.48M |
| 3 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$201K |
| 4 |
BlackRock
New York
|
-$141K |
| 5 |
LCM
LDR Capital Management
New York
|
-$34.3K |
BHR.PRB Hedge Fund Activity: Q1 2020 in Review
16 of the 4,546 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q1 2020, worth a combined $17M — down 73% from $63.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BHR.PRB positions and 0 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $447K. The largest seller was Forward Management, cutting an estimated $3.68M.
- 16 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q1 2020, up from 14 in Q4 2019.
- Funds reported $17M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q1 2020, down 73% quarter-over-quarter.
- 2 funds opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q1 2020 and 0 closed out, a net change of +2 holders.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q1 2020 was Independent Advisor Alliance, an estimated $447K added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q1 2020 was Forward Management, an estimated $3.68M sold.
Based on aggregated 13F filings for Q1 2020.