Braemar Hotels & Resorts 5.50% Series B Preferred Stock

BHR.PRB

Market cap $45.8M

#	Name	Holding	Trade Value	Shares Change	Change in Stake
1	1 Nexpoint Asset Management Dallas, Texas	$11.9M	-$1.95M	-224,749	-16%
2	2 BlackRock New York	$4M	+$28.9K	+3,330	+0.8%
3	3 Zazove Associates Incline Village, Nevada	$3.11M	+$1.74M	+200,629	+192%
4	4 Linden Advisors New York	$2.88M	–	–	–
5	5 LDR Capital Management New York	$1.42M	-$724K	-83,510	-37%
6	6 PenderFund Capital Management Vancouver, British Columbia, Canada	$1.39M	–	–	–
7	7 Fidelity Investments Boston, Massachusetts	$1.19M	–	–	–
8	8 LPL Financial San Diego, California	$452K	+$10.8K	+1,250	+3%
9	9 Hilltop Holdings Dallas, Texas	$276K	+$237K	+27,351	New
10	10 RMR Advisors Newton, Massachusetts	$252K	–	–	–
11	11 TCW Group Los Angeles, California	$156K	-$26K	-3,000	-16%
12	12 Clear Harbor Asset Management Stamford, Connecticut	$120K	-$6.81K	-785	-6%
13	13 Advisornet Financial Minnetonka, Minnesota	$46K	-$4.34K	-500	-10%
14	14 UBS Group Zurich, Switzerland	$32K	+$27.6K	+3,183	New
15	15 Morgan Stanley New York	$15K	+$10K	+1,158	+286%
16	16 Bank of America Charlotte, North Carolina	$11K	–	–	–
17	17 Forward Management San Francisco, California	–	-$1.46M	-263,868	Closed
18	18 Independent Advisor Alliance Charlotte, North Carolina	–	-$164K	-29,550	Closed