Braemar Hotels & Resorts 5.50% Series B Preferred Stock
BHR.PRB
18 hedge funds and large institutions have $24.5M invested in Braemar Hotels & Resorts 5.50% Series B Preferred Stock in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 0 closing their positions.
38% more funds holding
Funds holding: 13 → 18 (+5)
0.61% more ownership
Funds ownership: 42.25% → 42.86% (+0.61%)
3% less capital invested
Capital invested by funds: $25.2M → $24.5M (-$698K)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$1.77M |
| 2 |
ICA
Infrastructure Capital Advisors
New York
|
+$707K |
| 3 |
RC
Rangeley Capital
New Canaan,
Connecticut
|
+$262K |
| 4 |
PI
PFG Investments
Woodbury,
New York
|
+$230K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$2.79M |
| 2 |
BlackRock
New York
|
-$231K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$45.5K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$30.4K |
| 5 |
Morgan Stanley
New York
|
-$9.78K |
BHR.PRB Hedge Fund Activity: Q4 2025 in Review
18 of the 8,263 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) for Q4 2025, worth a combined $24.5M — down 2.8% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BHR.PRB positions and 0 closed out — a net gain of 5 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Zazove Associates, adding an estimated $1.77M. The largest seller was Nexpoint Asset Management, cutting an estimated $2.79M.
- 18 institutional investors held Braemar Hotels & Resorts 5.50% Series B Preferred Stock (BHR.PRB) as of Q4 2025, up from 13 in Q3 2025.
- Funds reported $24.5M of Braemar Hotels & Resorts 5.50% Series B Preferred Stock stock for Q4 2025, down 2.8% quarter-over-quarter.
- 5 funds opened new Braemar Hotels & Resorts 5.50% Series B Preferred Stock positions in Q4 2025 and 0 closed out, a net change of +5 holders.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock buyer in Q4 2025 was Zazove Associates, an estimated $1.77M added.
- The largest Braemar Hotels & Resorts 5.50% Series B Preferred Stock seller in Q4 2025 was Nexpoint Asset Management, an estimated $2.79M sold.
Based on aggregated 13F filings for Q4 2025.