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BHR

Braemar Hotels & Resorts

125 hedge funds and large institutions have $335M invested in Braemar Hotels & Resorts in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 51 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

1% more capital invested

Capital invested by funds: $330M → $335M (+$4.47M)

1.62% less ownership

Funds ownership: 83.58%81.97% (-1.6%)

5% less funds holding

Funds holding: 132125 (-7)

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

31% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 51

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $155K

Holders
125
Holders Change
-7
Holders Change %
-5.3%
% of All Funds
3.28%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
13
Increased
35
Reduced
51
Closed
18
Calls
Puts
$155K
Net Calls
-$155K
Net Calls Change
+$16K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$56.3M -$409K -28,528 -0.7%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$45.9M +$9.95M +693,868 +28%
SC
3
Sessa Capital
New York
$33.8M +$3.92M +273,224 +13%
WMSA
4
Weiss Multi-Strategy Advisers
New York
$28.2M +$12.8M +891,318 +83%
BIT
5
BlackRock Institutional Trust
California
$15.5M +$575K +40,091 +4%
State Street
6
State Street
Massachusetts
$10.7M +$193K +13,484 +2%
GC
7
Gratia Capital
California
$10.5M -$77.9K -5,431 -0.7%
BFA
8
BlackRock Fund Advisors
California
$10.4M +$447K +31,167 +4%
KCM
9
Kennedy Capital Management
Missouri
$8.96M +$696K +48,503 +8%
RCM
10
Rutabaga Capital Management
Massachusetts
$8.31M -$47.1K -3,283 -0.6%
JP Morgan Chase
11
JP Morgan Chase
New York
$7.5M -$1.7M -118,198 -18%
Renaissance Technologies
12
Renaissance Technologies
New York
$5.87M +$175K +12,221 +3%
Northern Trust
13
Northern Trust
Illinois
$5.86M -$27.7K -1,930 -0.5%
LSV Asset Management
14
LSV Asset Management
Illinois
$5.38M
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$5.38M +$155K +10,784 +3%
PAAMCP
16
Pacific Alternative Asset Management Company (PAAMCO)
California
$5.21M +$1.52M +105,847 +41%
State of New Jersey Common Pension Fund D
17
State of New Jersey Common Pension Fund D
New Jersey
$5.17M +$290K +20,200 +6%
FAM
18
Fenimore Asset Management
New York
$3.31M +$3.31M +230,924 New
DVM
19
Dreman Value Management
Florida
$3.26M -$198K -13,788 -6%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$2.99M +$52.7K +3,674 +2%
AL
21
AJO LP
Pennsylvania
$2.78M -$8.8M -613,575 -76%
AQR Capital Management
22
AQR Capital Management
Connecticut
$2.53M +$803K +55,970 +47%
Charles Schwab
23
Charles Schwab
California
$2.43M +$179K +12,450 +8%
Morgan Stanley
24
Morgan Stanley
New York
$2.37M -$653K -45,535 -22%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$2.25M +$3.11K +217 +0.1%

BHR Hedge Fund Activity: Q4 2015 in Review

125 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q4 2015, worth a combined $335M — up 1.4% from $330M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of BHR and 13 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 35 added.

The largest buyer was Weiss Multi-Strategy Advisers, adding an estimated $12.8M. The largest seller was AJO LP, cutting an estimated $8.8M.

  • 125 institutional investors held Braemar Hotels & Resorts (BHR) as of Q4 2015, down from 132 in Q3 2015.
  • Funds reported $335M of Braemar Hotels & Resorts stock for Q4 2015, up 1.4% quarter-over-quarter.
  • 13 funds opened new Braemar Hotels & Resorts positions in Q4 2015 and 18 closed out, a net change of -5 holders.
  • The largest Braemar Hotels & Resorts buyer in Q4 2015 was Weiss Multi-Strategy Advisers, an estimated $12.8M added.
  • The largest Braemar Hotels & Resorts seller in Q4 2015 was AJO LP, an estimated $8.8M sold.

Based on aggregated 13F filings for Q4 2015.