Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
13 hedge funds and large institutions have $21M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and closing their positions.
15% more capital invested
Capital invested by funds: $18.2M → $21M (+$2.77M)
8% more funds holding
Funds holding: 12 → 13 (+1)
0.31% more ownership
Funds ownership: 48.46% → 48.77% (+0.31%)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$440K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$131K |
| 3 |
LCM
LDR Capital Management
New York
|
+$110K |
| 4 |
Morgan Stanley
New York
|
+$12 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICA
Infrastructure Capital Advisors
New York
|
-$460K |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$76.2K |
| 3 |
LPL Financial
San Diego,
California
|
-$9.45K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$9.45K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$8.27K |
BHR.PRB Hedge Fund Activity: Q4 2023 in Review
13 of the 6,868 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q4 2023, worth a combined $21M — up 15% from $18.2M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new BHR.PRB positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 6 trimmed.
The largest buyer was CastleKnight Management, opening a new position worth an estimated $440K. The largest seller was Infrastructure Capital Advisors, cutting an estimated $460K.
- 13 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q4 2023, up from 12 in Q3 2023.
- Funds reported $21M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q4 2023, up 15% quarter-over-quarter.
- 1 fund opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q4 2023 and 0 closed out, a net change of +1 holder.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q4 2023 was CastleKnight Management, an estimated $440K added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q4 2023 was Infrastructure Capital Advisors, an estimated $460K sold.
Based on aggregated 13F filings for Q4 2023.