Braemar Hotels & Resorts
BHR
122 hedge funds and large institutions have $270M invested in Braemar Hotels & Resorts in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 14 closing their positions.
0.84% more ownership
Funds ownership: 81.97% → 82.81% (+0.84%)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
2% less funds holding
Funds holding: 125 → 122 (-3)
19% less capital invested
Capital invested by funds: $335M → $270M (-$64.7M)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
91% less call options, than puts
Call options by funds: $6K | Put options by funds: $66K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.9M |
| 2 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$1.15M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$928K |
| 4 |
SG Americas Securities
New York
|
+$881K |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$828K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
-$5.21M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.78M |
| 3 |
JP Morgan Chase
New York
|
-$1.92M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.9M |
| 5 |
Morgan Stanley
New York
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QSS
126
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$296K | -20,432 | Closed |
|
|
HIH
127
HRS Investment Holdings
New York
| – | -$290K | -20,200 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$259K | -18,013 | Closed |
|
|
GC
129
Globeflex Capital
San Diego,
California
| – | -$242K | -16,827 | Closed |
|
|
JMPWA
130
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$212K | -14,776 | Closed |
|
|
BCM
131
Bluefin Capital Management
New York
| – | -$155K | -10,807 | Closed |
|
|
PG
132
PEAK6 Group
Chicago,
Illinois
| – | -$123K | -8,541 | Closed |
|
133
Simplex Trading
Chicago,
Illinois
| – | -$26K | -1,864 | Closed |
|
134
Creative Planning
Overland Park,
Kansas
| – | -$5K | -330 | Closed |
|
|
IA
135
IFP Advisors
Tampa,
Florida
| – | -$3K | -242 | Closed |
|
BHR Hedge Fund Activity: Q1 2016 in Review
122 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q1 2016, worth a combined $270M — down 19% from $335M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BHR and 11 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 39 added.
The largest buyer was Fidelity Investments, adding an estimated $11.9M. The largest seller was Pacific Alternative Asset Management Company (PAAMCO), exiting entirely with an estimated $5.21M sold.
- 122 institutional investors held Braemar Hotels & Resorts (BHR) as of Q1 2016, down from 125 in Q4 2015.
- Funds reported $270M of Braemar Hotels & Resorts stock for Q1 2016, down 19% quarter-over-quarter.
- 11 funds opened new Braemar Hotels & Resorts positions in Q1 2016 and 14 closed out, a net change of -3 holders.
- The largest Braemar Hotels & Resorts buyer in Q1 2016 was Fidelity Investments, an estimated $11.9M added.
- The largest Braemar Hotels & Resorts seller in Q1 2016 was Pacific Alternative Asset Management Company (PAAMCO), an estimated $5.21M sold.
Based on aggregated 13F filings for Q1 2016.