Braemar Hotels & Resorts
BHR
107 hedge funds and large institutions have $97.2M invested in Braemar Hotels & Resorts in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 22 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
1.19% more ownership
Funds ownership: 57.7% → 58.89% (+1.2%)
8% less capital invested
Capital invested by funds: $106M → $97.2M (-$8.33M)
10% less funds holding
Funds holding: 119 → 107 (-12)
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
97% less call options, than puts
Call options by funds: $10K | Put options by funds: $286K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.03M |
| 2 |
Morgan Stanley
New York
|
+$1.81M |
| 3 |
BlackRock
New York
|
+$693K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$683K |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.38M |
| 2 |
CM
CastleKnight Management
New York
|
-$878K |
| 3 |
Millennium Management
New York
|
-$622K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$573K |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$292K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWS
126
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.95K | -703 | Closed |
|
127
Simplex Trading
Chicago,
Illinois
| – | -$1.57K | -633 | Closed |
|
128
Comerica Bank
Dallas,
Texas
| – | -$820 | -296 | Closed |
|
|
MPWT
129
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$327 | -118 | Closed |
|
BHR Hedge Fund Activity: Q4 2023 in Review
107 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q4 2023, worth a combined $97.2M — down 7.9% from $106M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BHR and 10 opened new positions — a net loss of 12 holders — while 32 trimmed existing stakes and 36 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $2.03M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $1.38M sold.
- 107 institutional investors held Braemar Hotels & Resorts (BHR) as of Q4 2023, down from 119 in Q3 2023.
- Funds reported $97.2M of Braemar Hotels & Resorts stock for Q4 2023, down 7.9% quarter-over-quarter.
- 10 funds opened new Braemar Hotels & Resorts positions in Q4 2023 and 22 closed out, a net change of -12 holders.
- The largest Braemar Hotels & Resorts buyer in Q4 2023 was Hotchkis & Wiley Capital Management, an estimated $2.03M added.
- The largest Braemar Hotels & Resorts seller in Q4 2023 was Balyasny Asset Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2023.