Braemar Hotels & Resorts
BHR
122 hedge funds and large institutions have $272M invested in Braemar Hotels & Resorts in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
3% more funds holding
Funds holding: 119 → 122 (+3)
3% less capital invested
Capital invested by funds: $280M → $272M (-$8.64M)
10% less call options, than puts
Call options by funds: $1.36M | Put options by funds: $1.51M
1.42% less ownership
Funds ownership: 78.85% → 77.42% (-1.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$6.3M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$3.58M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.79M |
| 4 |
JP Morgan Chase
New York
|
+$2.02M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.62M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11M |
| 2 |
KC
KRV Capital
New York
|
-$5.83M |
| 3 |
Goldman Sachs
New York
|
-$4.98M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
-$4.26M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPP
126
Crow Point Partners
Boston,
Massachusetts
| – | -$693K | -49,608 | Closed |
|
127
Millennium Management
New York
| – | -$627K | -44,880 | Closed |
|
128
UBS AM
Chicago,
Illinois
| – | -$227K | -16,258 | Closed |
|
|
ICOA
129
Investment Centers of America
Bismarck,
North Dakota
| – | -$219K | -15,625 | Closed |
|
130
First Trust Advisors
Wheaton,
Illinois
| – | -$168K | -12,018 | Closed |
|
|
CAS
131
Cue Advisory Services
Phoenix,
Arizona
| – | -$160K | -11,489 | Closed |
|
|
BCM
132
BlueCrest Capital Management
St Helier,
Jersey
| – | -$159K | -11,414 | Closed |
|
133
Wellington Management Group
Boston,
Massachusetts
| – | -$155K | -11,070 | Closed |
|
134
Simplex Trading
Chicago,
Illinois
| – | -$93.9K | -7,070 | Closed |
|
|
MTB
135
Mizuho Trust & Banking
Tokyo,
Japan
| – | -$90K | -6,456 | Closed |
|
|
OAM
136
Orinda Asset Management
Lafayette,
California
| – | -$42K | -3,030 | Closed |
|
|
FMA
137
FNY Managed Accounts
New York
| – | -$14.1K | -1,010 | Closed |
|
BHR Hedge Fund Activity: Q4 2016 in Review
122 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q4 2016, worth a combined $272M — down 3.1% from $280M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BHR positions and 15 closed out — a net gain of 5 holders — while 42 added to existing stakes and 38 trimmed.
The largest buyer was Raging Capital Management, adding an estimated $6.3M. The largest seller was Fidelity Investments, cutting an estimated $11M.
- 122 institutional investors held Braemar Hotels & Resorts (BHR) as of Q4 2016, up from 119 in Q3 2016.
- Funds reported $272M of Braemar Hotels & Resorts stock for Q4 2016, down 3.1% quarter-over-quarter.
- 20 funds opened new Braemar Hotels & Resorts positions in Q4 2016 and 15 closed out, a net change of +5 holders.
- The largest Braemar Hotels & Resorts buyer in Q4 2016 was Raging Capital Management, an estimated $6.3M added.
- The largest Braemar Hotels & Resorts seller in Q4 2016 was Fidelity Investments, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2016.