Braemar Hotels & Resorts
BHR
121 hedge funds and large institutions have $304M invested in Braemar Hotels & Resorts in 2015 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 30 reducing their positions, and 10 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 30
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
3% more funds holding
Funds holding: 117 → 121 (+4)
2.38% more ownership
Funds ownership: 82.8% → 85.18% (+2.4%)
8% less capital invested
Capital invested by funds: $330M → $304M (-$25.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15K
Top Buyers
| 1 |
SC
Sessa Capital
New York
|
+$15.1M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$10.2M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$7.93M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.16M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$3.01M |
Top Sellers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.6M |
| 2 |
SAM
Sandell Asset Management
New York
|
-$11.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.21M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.19M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
126
Miles Capital
West Des Moines,
Iowa
| – | -$355K | -21,387 | Closed |
|
|
PAM
127
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$191K | -11,492 | Closed |
|
128
Massachusetts Financial Services
Boston,
Massachusetts
| – | -$169K | -10,201 | Closed |
|
|
PAM
129
Panagora Asset Management
Boston,
Massachusetts
| – | -$23K | -1,411 | Closed |
|
|
AIM
130
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$8K | -461 | Closed |
|
131
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$518 | +33 | New |
|
BHR Hedge Fund Activity: Q2 2015 in Review
121 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q2 2015, worth a combined $304M — down 7.8% from $330M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BHR positions and 10 closed out — a net gain of 5 holders — while 51 added to existing stakes and 30 trimmed.
The largest buyer was Sessa Capital, adding an estimated $15.1M. The largest seller was AllianceBernstein, exiting entirely with an estimated $29.6M sold.
- 121 institutional investors held Braemar Hotels & Resorts (BHR) as of Q2 2015, up from 117 in Q1 2015.
- Funds reported $304M of Braemar Hotels & Resorts stock for Q2 2015, down 7.8% quarter-over-quarter.
- 15 funds opened new Braemar Hotels & Resorts positions in Q2 2015 and 10 closed out, a net change of +5 holders.
- The largest Braemar Hotels & Resorts buyer in Q2 2015 was Sessa Capital, an estimated $15.1M added.
- The largest Braemar Hotels & Resorts seller in Q2 2015 was AllianceBernstein, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2015.