Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
15 hedge funds and large institutions have $26.6M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
2.87% less ownership
Funds ownership: 55.28% → 52.41% (-2.9%)
6% less funds holding
Funds holding: 16 → 15 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
60% less capital inflows, than outflows
Capital inflows: $917K | Capital outflows: $2.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Financial Group
San Diego,
California
|
+$246K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$227K |
| 3 |
LPL Financial
San Diego,
California
|
+$184K |
| 4 |
BlackRock
New York
|
+$172K |
| 5 |
Cullen/Frost Bankers
San Antonio,
Texas
|
+$34.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Infrastructure Capital Advisors
New York
|
-$1.19M |
| 2 |
CastleKnight Management
New York
|
-$688K |
| 3 |
Hilltop Holdings
Dallas,
Texas
|
-$210K |
| 4 |
TCW Group
Los Angeles,
California
|
-$178K |
| 5 |
LDR Capital Management
New York
|
-$33.1K |
BHR.PRB Hedge Fund Activity: Q1 2023 in Review
15 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q1 2023, worth a combined $26.6M — down 2.4% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BHR.PRB and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Independent Financial Group, adding an estimated $246K. The largest seller was Infrastructure Capital Advisors, cutting an estimated $1.19M.
- 15 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q1 2023, down from 16 in Q4 2022.
- Funds reported $26.6M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q1 2023, down 2.4% quarter-over-quarter.
- 3 funds opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q1 2023 and 4 closed out, a net change of -1 holder.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q1 2023 was Independent Financial Group, an estimated $246K added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q1 2023 was Infrastructure Capital Advisors, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2023.