Braemar Hotels & Resorts
BHR
116 hedge funds and large institutions have $295M invested in Braemar Hotels & Resorts in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 19 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
7% more capital invested
Capital invested by funds: $275M → $295M (+$20.4M)
3.24% more ownership
Funds ownership: 74.66% → 77.9% (+3.2%)
1% less funds holding
Funds holding: 117 → 116 (-1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
84% less call options, than puts
Call options by funds: $214K | Put options by funds: $1.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.11M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$4.37M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.22M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$2.17M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.82M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$3.01M |
| 3 |
SC
Sessa Capital
New York
|
-$2.79M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.65M |
| 5 |
Morgan Stanley
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Schroder Investment Management Group
London,
United Kingdom
| – | -$128K | -11,312 | Closed |
|
|
DTL
127
Dynamic Technology Lab
Singapore
| – | -$120K | -10,650 | Closed |
|
|
CG
128
Cutler Group
San Francisco,
California
| – | -$60K | -5,348 | Closed |
|
129
Group One Trading
Chicago,
Illinois
| – | -$14.7K | -1,304 | Closed |
|
|
PIA
130
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$6K | -513 | Closed |
|
|
MAM
131
Meeder Asset Management
Dublin,
Ohio
| – | -$5.63K | -498 | Closed |
|
132
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -137 | Closed |
|
133
Parallax Volatility Advisers
San Francisco,
California
| – | +$247 | +22 | New |
|
BHR Hedge Fund Activity: Q3 2018 in Review
116 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q3 2018, worth a combined $295M — up 7.4% from $275M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BHR and 18 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 44 added.
The largest buyer was Fidelity Investments, adding an estimated $9.11M. The largest seller was Millennium Management, cutting an estimated $4.82M.
- 116 institutional investors held Braemar Hotels & Resorts (BHR) as of Q3 2018, down from 117 in Q2 2018.
- Funds reported $295M of Braemar Hotels & Resorts stock for Q3 2018, up 7.4% quarter-over-quarter.
- 18 funds opened new Braemar Hotels & Resorts positions in Q3 2018 and 19 closed out, a net change of -1 holder.
- The largest Braemar Hotels & Resorts buyer in Q3 2018 was Fidelity Investments, an estimated $9.11M added.
- The largest Braemar Hotels & Resorts seller in Q3 2018 was Millennium Management, an estimated $4.82M sold.
Based on aggregated 13F filings for Q3 2018.