Braemar Hotels & Resorts 5.50% Series B Preferred Stock

BHR.PRB

Market cap $47.3M

#	Name	Holding	Trade Value	Shares Change	Change in Stake
1	1 Highland Capital Management (Texas) Dallas, Texas	$27.9M	–	–	–
2	2 Forward Management San Francisco, California	$14.5M	-$743K	-38,144	-5%
3	3 LDR Capital Management New York	$5.67M	+$176K	+9,064	+3%
4	4 Linden Advisors New York	$5.1M	–	–	–
5	5 BlackRock New York	$4.36M	+$2.39M	+122,933	+110%
6	6 Fidelity Investments Boston, Massachusetts	$2.23M	–	–	–
7	7 PenderFund Capital Management Vancouver, British Columbia, Canada	$1.98M	-$641K	-32,919	-24%
8	CPP 8 Crow Point Partners Boston, Massachusetts	$679K	–	–	–
9	9 Advisornet Financial Minnetonka, Minnesota	$604K	-$19.5K	-1,000	-3%
10	10 RMR Advisors Newton, Massachusetts	$465K	–	–	–
11	11 LPL Financial San Diego, California	$455K	–	–	–
12	12 Raymond James Financial Services Advisors St. Petersburg, Florida	$299K	–	–	–
13	13 TCW Group Los Angeles, California	$255K	–	–	–
14	14 UBS Group Zurich, Switzerland	$33K	-$27.2K	-1,398	-44%
15	15 Bank of America Charlotte, North Carolina	$25K	+$5.34K	+274	+26%
16	16 Morgan Stanley New York	$7K	-$97	-5	-1%
17	17 Nuveen Charlotte, North Carolina	$6K	–	–	–
18	18 &Partners Nashville, Tennessee	–	-$220K	-11,000	Closed