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BHR

Braemar Hotels & Resorts

116 hedge funds and large institutions have $295M invested in Braemar Hotels & Resorts in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 33

7% more capital invested

Capital invested by funds: $275M → $295M (+$20.4M)

3.24% more ownership

Funds ownership: 74.66%77.9% (+3.2%)

1% less funds holding

Funds holding: 117116 (-1)

5% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 19

84% less call options, than puts

Call options by funds: $214K | Put options by funds: $1.37M

Holders
116
Holders Change
-1
Holders Change %
-0.85%
% of All Funds
2.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
44
Reduced
33
Closed
19
Calls
$214K
Puts
$1.37M
Net Calls
-$1.16M
Net Calls Change
-$5.44M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$38.7M +$2.22M +197,423 +6%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$35.3M +$9.11M +810,219 +37%
BlackRock
3
BlackRock
New York
$26.7M +$162K +14,424 +0.6%
SC
4
Sessa Capital
New York
$23.1M -$2.79M -248,019 -11%
Invesco
5
Invesco
Georgia
$14.3M +$875K +77,889 +7%
LSV Asset Management
6
LSV Asset Management
Illinois
$12.6M -$82K -7,294 -0.7%
State Street
7
State Street
Massachusetts
$11.5M +$261K +23,205 +2%
JP Morgan Chase
8
JP Morgan Chase
New York
$10.8M +$202K +17,959 +2%
Charles Schwab
9
Charles Schwab
California
$9.93M +$4.37M +389,122 +84%
Renaissance Technologies
10
Renaissance Technologies
New York
$8.09M +$1.37M +122,311 +21%
AL
11
AJO LP
Pennsylvania
$6.3M -$823K -73,214 -12%
Prudential Financial
12
Prudential Financial
New Jersey
$6.13M -$3.01M -267,569 -34%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$5.69M +$65.5K +5,832 +1%
PAM
14
Panagora Asset Management
Massachusetts
$4.99M +$1.62M +143,819 +51%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$4.62M +$251K +22,373 +6%
Northern Trust
16
Northern Trust
Illinois
$4.53M +$381K +33,922 +10%
State of New Jersey Common Pension Fund D
17
State of New Jersey Common Pension Fund D
New Jersey
$4.27M +$670K +59,590 +19%
CI
18
Caerus Investors
New York
$3.89M +$632K +56,243 +20%
CAM
19
ClariVest Asset Management
California
$3.49M -$898K -79,891 -21%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$3.29M -$57.7K -5,131 -2%
CEP
21
Chicago Equity Partners
Illinois
$2.9M +$389K +34,592 +16%
Nordea Investment Management
22
Nordea Investment Management
Sweden
$2.25M +$2.17M +193,185 New
USAA
23
United Services Automobile Association
Texas
$2.22M +$2.14M +190,119 New
State Board of Administration of Florida Retirement System
24
State Board of Administration of Florida Retirement System
Florida
$2.14M +$227K +20,201 +12%
WCM
25
Wedge Capital Management
North Carolina
$2.06M +$1.99M +176,941 New

BHR Hedge Fund Activity: Q3 2018 in Review

116 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q3 2018, worth a combined $295M — up 7.4% from $275M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of BHR and 18 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 44 added.

The largest buyer was Fidelity Investments, adding an estimated $9.11M. The largest seller was Millennium Management, cutting an estimated $4.82M.

  • 116 institutional investors held Braemar Hotels & Resorts (BHR) as of Q3 2018, down from 117 in Q2 2018.
  • Funds reported $295M of Braemar Hotels & Resorts stock for Q3 2018, up 7.4% quarter-over-quarter.
  • 18 funds opened new Braemar Hotels & Resorts positions in Q3 2018 and 19 closed out, a net change of -1 holder.
  • The largest Braemar Hotels & Resorts buyer in Q3 2018 was Fidelity Investments, an estimated $9.11M added.
  • The largest Braemar Hotels & Resorts seller in Q3 2018 was Millennium Management, an estimated $4.82M sold.

Based on aggregated 13F filings for Q3 2018.