Braemar Hotels & Resorts
BHR
119 hedge funds and large institutions have $106M invested in Braemar Hotels & Resorts in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 28 reducing their positions, and 24 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 28
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
2% less funds holding
Funds holding: 121 → 119 (-2)
4.33% less ownership
Funds ownership: 62.03% → 57.7% (-4.3%)
36% less capital invested
Capital invested by funds: $165M → $106M (-$59M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less call options, than puts
Call options by funds: $136K | Put options by funds: $288K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.68M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.55M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$869K |
| 4 |
Millennium Management
New York
|
+$356K |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Knighthead Capital Management
New York
|
-$6.03M |
| 2 |
BlackRock
New York
|
-$2.98M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$2.02M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.32M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
BHR Hedge Fund Activity: Q3 2023 in Review
119 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q3 2023, worth a combined $106M — down 36% from $165M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BHR and 23 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 41 added.
The largest buyer was Morgan Stanley, adding an estimated $1.68M. The largest seller was Knighthead Capital Management, exiting entirely with an estimated $6.03M sold.
- 119 institutional investors held Braemar Hotels & Resorts (BHR) as of Q3 2023, down from 121 in Q2 2023.
- Funds reported $106M of Braemar Hotels & Resorts stock for Q3 2023, down 36% quarter-over-quarter.
- 23 funds opened new Braemar Hotels & Resorts positions in Q3 2023 and 24 closed out, a net change of -1 holder.
- The largest Braemar Hotels & Resorts buyer in Q3 2023 was Morgan Stanley, an estimated $1.68M added.
- The largest Braemar Hotels & Resorts seller in Q3 2023 was Knighthead Capital Management, an estimated $6.03M sold.
Based on aggregated 13F filings for Q3 2023.