Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
3 hedge funds and large institutions have $18.5M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2020 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 16 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
39.95% less ownership
Funds ownership: 62.61% → 22.66% (-40%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less capital invested
Capital invested by funds: $38.3M → $18.5M (-$19.8M)
84% less funds holding
Funds holding: 19 → 3 (-16)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICA
Infrastructure Capital Advisors
New York
|
+$2.74M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$14.1M |
| 2 |
BlackRock
New York
|
-$4.56M |
| 3 |
LA
Linden Advisors
New York
|
-$3.41M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$1.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.44M |
BHR.PRB Hedge Fund Activity: Q4 2020 in Review
3 of the 5,675 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q4 2020, worth a combined $18.5M — down 52% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BHR.PRB and 0 opened new positions — a net loss of 16 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Infrastructure Capital Advisors, adding an estimated $2.74M. The largest seller was Nexpoint Asset Management, exiting entirely with an estimated $14.1M sold.
- 3 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q4 2020, down from 19 in Q3 2020.
- Funds reported $18.5M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q4 2020, down 52% quarter-over-quarter.
- 0 funds opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q4 2020 and 16 closed out, a net change of -16 holders.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q4 2020 was Infrastructure Capital Advisors, an estimated $2.74M added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q4 2020 was Nexpoint Asset Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q4 2020.