Braemar Hotels & Resorts
BHR
107 hedge funds and large institutions have $78.1M invested in Braemar Hotels & Resorts in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 23 closing their positions.
104% more call options, than puts
Call options by funds: $173K | Put options by funds: $85K
2.61% less ownership
Funds ownership: 50.1% → 47.5% (-2.6%)
10% less capital invested
Capital invested by funds: $87.2M → $78.1M (-$9.14M)
12% less funds holding
Funds holding: 121 → 107 (-14)
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
61% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$158K |
| 3 |
NCM
Noesis Capital Mangement
Boca Raton,
Florida
|
+$154K |
| 4 |
Millennium Management
New York
|
+$103K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$98.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$790K |
| 2 |
BA
Bard Associates
Chicago,
Illinois
|
-$756K |
| 3 |
BlackRock
New York
|
-$750K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$430K |
| 5 |
LPL Financial
San Diego,
California
|
-$307K |
BHR Hedge Fund Activity: Q2 2025 in Review
107 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q2 2025, worth a combined $78.1M — down 10% from $87.2M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BHR and 9 opened new positions — a net loss of 14 holders — while 39 trimmed existing stakes and 26 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $1.12M. The largest seller was Goldman Sachs, cutting an estimated $790K.
- 107 institutional investors held Braemar Hotels & Resorts (BHR) as of Q2 2025, down from 121 in Q1 2025.
- Funds reported $78.1M of Braemar Hotels & Resorts stock for Q2 2025, down 10% quarter-over-quarter.
- 9 funds opened new Braemar Hotels & Resorts positions in Q2 2025 and 23 closed out, a net change of -14 holders.
- The largest Braemar Hotels & Resorts buyer in Q2 2025 was Penserra Capital Management, an estimated $1.12M added.
- The largest Braemar Hotels & Resorts seller in Q2 2025 was Goldman Sachs, an estimated $790K sold.
Based on aggregated 13F filings for Q2 2025.