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BHR

Braemar Hotels & Resorts

88 hedge funds and large institutions have $112M invested in Braemar Hotels & Resorts in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 16

84% more capital invested

Capital invested by funds: $60.8M → $112M (+$50.9M)

34% more call options, than puts

Call options by funds: $1.16M | Put options by funds: $867K

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

8.61% more ownership

Funds ownership: 35.92%44.53% (+8.6%)

4% more funds holding

Funds holding: 8588 (+3)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
88
Holders Change
+3
Holders Change %
+3.53%
% of All Funds
1.54%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
18
Increased
31
Reduced
16
Closed
15
Calls
$1.16M
Puts
$867K
Net Calls
+$295K
Net Calls Change
+$201K
Name Holding Trade Value Shares
Change
Change in
Stake
DKCM
1
Davidson Kempner Capital Management
New York
$14M +$12M +2,050,700 +820%
Vanguard Group
2
Vanguard Group
Pennsylvania
$9.02M +$945K +160,998 +12%
ZA
3
Zazove Associates
Nevada
$8.47M +$7.22M +1,229,017 +741%
Ameriprise
4
Ameriprise
Minnesota
$6.78M +$213K +36,195 +3%
JRCM
5
Jones Road Capital Management
New York
$6.5M
RC
6
Ronit Capital
United Kingdom
$6.07M
LGP
7
Leonard Green & Partners
California
$6.07M +$5.87M +1,000,000 New
BlackRock
8
BlackRock
New York
$5.99M +$1.44M +244,805 +33%
PL
9
Parkwood LLC
Ohio
$5.44M
RA
10
Royce & Associates
New York
$4.49M +$4.34M +739,549 New
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$2.87M +$115K +19,612 +4%
CCM
12
Campbell Capital Management
Florida
$2.32M +$255K +43,498 +13%
UBS Group
13
UBS Group
Switzerland
$2.22M +$1.48M +252,671 +223%
State of New Jersey Common Pension Fund D
14
State of New Jersey Common Pension Fund D
New Jersey
$2.13M +$176K +30,000 +9%
Millennium Management
15
Millennium Management
New York
$2.1M +$26.8K +4,561 +1%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.85M +$854K +145,383 +91%
IIM
17
Ironwood Investment Management
Massachusetts
$1.84M
Citadel Advisors
18
Citadel Advisors
Florida
$1.83M +$1.14M +193,735 +179%
CIBC World Market
19
CIBC World Market
Ontario, Canada
$1.78M
Geode Capital Management
20
Geode Capital Management
Massachusetts
$1.51M -$36K -6,137 -2%
LSV Asset Management
21
LSV Asset Management
Illinois
$1.19M -$165K -28,065 -12%
PPA
22
Parametric Portfolio Associates
Washington
$918K +$279K +47,435 +46%
ACA
23
Aptus Capital Advisors
Alabama
$843K +$816K +138,942 New
ECM
24
ExodusPoint Capital Management
New York
$733K +$502K +85,516 +243%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$697K -$1.19M -201,930 -64%

BHR Hedge Fund Activity: Q1 2021 in Review

88 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q1 2021, worth a combined $112M — up 84% from $60.8M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BHR positions and 15 closed out — a net gain of 3 holders — while 31 added to existing stakes and 16 trimmed.

The largest buyer was Davidson Kempner Capital Management, adding an estimated $12M. The largest seller was KSL Advisors, cutting an estimated $5.3M.

  • 88 institutional investors held Braemar Hotels & Resorts (BHR) as of Q1 2021, up from 85 in Q4 2020.
  • Funds reported $112M of Braemar Hotels & Resorts stock for Q1 2021, up 84% quarter-over-quarter.
  • 18 funds opened new Braemar Hotels & Resorts positions in Q1 2021 and 15 closed out, a net change of +3 holders.
  • The largest Braemar Hotels & Resorts buyer in Q1 2021 was Davidson Kempner Capital Management, an estimated $12M added.
  • The largest Braemar Hotels & Resorts seller in Q1 2021 was KSL Advisors, an estimated $5.3M sold.

Based on aggregated 13F filings for Q1 2021.