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BHR

Braemar Hotels & Resorts

108 hedge funds and large institutions have $370M invested in Braemar Hotels & Resorts in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 39 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more capital invested

Capital invested by funds: $302M → $370M (+$67.2M)

2.07% more ownership

Funds ownership: 83.79%85.87% (+2.1%)

4% less funds holding

Funds holding: 113108 (-5)

21% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 39

21% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 19

Holders
108
Holders Change
-5
Holders Change %
-4.42%
% of All Funds
3.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
31
Reduced
39
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$55.2M +$50.7M +3,213,007 +9,025%
Vanguard Group
2
Vanguard Group
Pennsylvania
$51.6M +$1.23M +78,309 +3%
AllianceBernstein
3
AllianceBernstein
Tennessee
$31.8M +$7.46M +472,906 +34%
Cohen & Steers
4
Cohen & Steers
New York
$23.2M +$1.19M +75,755 +6%
BA
5
BlackRock Advisors
Delaware
$16.5M -$317K -20,127 -2%
WMSA
6
Weiss Multi-Strategy Advisers
New York
$14.3M -$9.52M -603,770 -42%
SAM
7
Sandell Asset Management
New York
$13.3M -$1.26M -80,036 -9%
BIT
8
BlackRock Institutional Trust
California
$12.1M -$146K -9,238 -1%
CC
9
Coastland Capital
California
$11.9M -$4.76M -301,686 -30%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$8.78M -$8.28M -524,972 -50%
WSA
11
Wall Street Associates
California
$8.66M -$7.96K -505 -0.1%
BFA
12
BlackRock Fund Advisors
California
$8.25M +$950K +60,264 +14%
RCM
13
Rutabaga Capital Management
Massachusetts
$7.54M +$1.98M +125,442 +39%
KCM
14
Kennedy Capital Management
Missouri
$7.18M +$1.03M +65,101 +18%
State Street
15
State Street
Massachusetts
$6.18M +$1.03M +65,156 +22%
JP Morgan Chase
16
JP Morgan Chase
New York
$5.96M -$130K -8,272 -2%
Norges Bank
17
Norges Bank
Norway
$5.75M +$2.67M +169,209 +100%
LSV Asset Management
18
LSV Asset Management
Illinois
$5.68M -$450K -28,542 -8%
AQR Capital Management
19
AQR Capital Management
Connecticut
$5.47M -$37.9K -2,404 -0.7%
CPP
20
Crow Point Partners
Massachusetts
$4.57M
Northern Trust
21
Northern Trust
Illinois
$4.35M -$1.66M -105,462 -29%
BG
22
BlackRock Group
United Kingdom
$3.28M
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$3.15M
State of New Jersey Common Pension Fund D
24
State of New Jersey Common Pension Fund D
New Jersey
$2.87M +$2.66M +168,670 New
Morgan Stanley
25
Morgan Stanley
New York
$2.64M -$7.34M -465,750 -75%

BHR Hedge Fund Activity: Q2 2014 in Review

108 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q2 2014, worth a combined $370M — up 22% from $302M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of BHR and 15 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 31 added.

The largest buyer was Fidelity Investments, adding an estimated $50.7M. The largest seller was Weiss Multi-Strategy Advisers, cutting an estimated $9.52M.

  • 108 institutional investors held Braemar Hotels & Resorts (BHR) as of Q2 2014, down from 113 in Q1 2014.
  • Funds reported $370M of Braemar Hotels & Resorts stock for Q2 2014, up 22% quarter-over-quarter.
  • 15 funds opened new Braemar Hotels & Resorts positions in Q2 2014 and 19 closed out, a net change of -4 holders.
  • The largest Braemar Hotels & Resorts buyer in Q2 2014 was Fidelity Investments, an estimated $50.7M added.
  • The largest Braemar Hotels & Resorts seller in Q2 2014 was Weiss Multi-Strategy Advisers, an estimated $9.52M sold.

Based on aggregated 13F filings for Q2 2014.