Braemar Hotels & Resorts
BHR
104 hedge funds and large institutions have $34.7M invested in Braemar Hotels & Resorts in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 39 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
11.12% less ownership
Funds ownership: 71.25% → 60.13% (-11%)
20% less funds holding
Funds holding: 130 → 104 (-26)
62% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 39
80% less call options, than puts
Call options by funds: $36K | Put options by funds: $178K
83% less capital invested
Capital invested by funds: $210M → $34.7M (-$175M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TG
TCW Group
Los Angeles,
California
|
+$4.22M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$1.66M |
| 3 |
Renaissance Technologies
New York
|
+$1.56M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$882K |
| 5 |
IIM
Ironwood Investment Management
Boston,
Massachusetts
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.5M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$3.33M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.4M |
| 4 |
Millennium Management
New York
|
-$2.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.5M |
BHR Hedge Fund Activity: Q1 2020 in Review
104 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q1 2020, worth a combined $34.7M — down 83% from $210M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BHR and 15 opened new positions — a net loss of 24 holders — while 32 trimmed existing stakes and 37 added.
The largest buyer was TCW Group, opening a new position worth an estimated $4.22M. The largest seller was Fidelity Investments, cutting an estimated $15.5M.
- 104 institutional investors held Braemar Hotels & Resorts (BHR) as of Q1 2020, down from 130 in Q4 2019.
- Funds reported $34.7M of Braemar Hotels & Resorts stock for Q1 2020, down 83% quarter-over-quarter.
- 15 funds opened new Braemar Hotels & Resorts positions in Q1 2020 and 39 closed out, a net change of -24 holders.
- The largest Braemar Hotels & Resorts buyer in Q1 2020 was TCW Group, an estimated $4.22M added.
- The largest Braemar Hotels & Resorts seller in Q1 2020 was Fidelity Investments, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2020.