Braemar Hotels & Resorts
BHR
132 hedge funds and large institutions have $331M invested in Braemar Hotels & Resorts in 2015 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 85 increasing their positions, 16 reducing their positions, and 16 closing their positions.
431% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 16
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
9% more funds holding
Funds holding: 121 → 132 (+11)
9% more capital invested
Capital invested by funds: $305M → $331M (+$25.9M)
1.6% less ownership
Funds ownership: 85.18% → 83.58% (-1.6%)
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $172K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sessa Capital
New York
|
+$15.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.9M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
+$10.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.76M |
| 5 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.2M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$7.51M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$4.66M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$3.4M |
| 5 |
WSA
Wall Street Associates
Lajolla,
California
|
-$3.06M |
BHR Hedge Fund Activity: Q3 2015 in Review
132 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q3 2015, worth a combined $331M — up 8.5% from $305M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BHR positions and 16 closed out — a net gain of 12 holders — while 85 added to existing stakes and 16 trimmed.
The largest buyer was Sessa Capital, adding an estimated $15.1M. The largest seller was Fidelity Investments, cutting an estimated $16.2M.
- 132 institutional investors held Braemar Hotels & Resorts (BHR) as of Q3 2015, up from 121 in Q2 2015.
- Funds reported $331M of Braemar Hotels & Resorts stock for Q3 2015, up 8.5% quarter-over-quarter.
- 28 funds opened new Braemar Hotels & Resorts positions in Q3 2015 and 16 closed out, a net change of +12 holders.
- The largest Braemar Hotels & Resorts buyer in Q3 2015 was Sessa Capital, an estimated $15.1M added.
- The largest Braemar Hotels & Resorts seller in Q3 2015 was Fidelity Investments, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2015.