Braemar Hotels & Resorts
BHR
88 hedge funds and large institutions have $112M invested in Braemar Hotels & Resorts in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 15 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 16
84% more capital invested
Capital invested by funds: $60.8M → $112M (+$50.9M)
34% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $867K
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
8.61% more ownership
Funds ownership: 35.92% → 44.53% (+8.6%)
4% more funds holding
Funds holding: 85 → 88 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$12M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$7.22M |
| 3 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
+$5.87M |
| 4 |
RA
Royce & Associates
New York
|
+$4.34M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
KSL Advisors
Denver,
Colorado
|
-$5.3M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.19M |
| 3 |
Squarepoint
New York
|
-$383K |
| 4 |
6CM
683 Capital Management
New York
|
-$302K |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$6 | +1 | New |
|
BHR Hedge Fund Activity: Q1 2021 in Review
88 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q1 2021, worth a combined $112M — up 84% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BHR positions and 15 closed out — a net gain of 3 holders — while 31 added to existing stakes and 16 trimmed.
The largest buyer was Davidson Kempner Capital Management, adding an estimated $12M. The largest seller was KSL Advisors, cutting an estimated $5.3M.
- 88 institutional investors held Braemar Hotels & Resorts (BHR) as of Q1 2021, up from 85 in Q4 2020.
- Funds reported $112M of Braemar Hotels & Resorts stock for Q1 2021, up 84% quarter-over-quarter.
- 18 funds opened new Braemar Hotels & Resorts positions in Q1 2021 and 15 closed out, a net change of +3 holders.
- The largest Braemar Hotels & Resorts buyer in Q1 2021 was Davidson Kempner Capital Management, an estimated $12M added.
- The largest Braemar Hotels & Resorts seller in Q1 2021 was KSL Advisors, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2021.