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BHR

Braemar Hotels & Resorts

120 hedge funds and large institutions have $193M invested in Braemar Hotels & Resorts in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

15% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 33

2% more funds holding

Funds holding: 118120 (+2)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

11.23% less ownership

Funds ownership: 77.99%66.76% (-11%)

18% less capital invested

Capital invested by funds: $236M → $193M (-$43.3M)

63% less call options, than puts

Call options by funds: $272K | Put options by funds: $726K

Holders
120
Holders Change
+2
Holders Change %
+1.69%
% of All Funds
2.1%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
19
Increased
38
Reduced
33
Closed
16
Calls
$272K
Puts
$726K
Net Calls
-$454K
Net Calls Change
-$500K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$51.6M +$2.37M +453,404 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$14M +$3.51M +672,019 +30%
DKCM
3
Davidson Kempner Capital Management
New York
$11.2M
KSCM
4
King Street Capital Management
New York
$8.49M
ZA
5
Zazove Associates
Nevada
$8.39M +$126K +24,057 +1%
LGP
6
Leonard Green & Partners
California
$5.82M +$1.04M +200,000 +20%
JRCM
7
Jones Road Capital Management
New York
$5.6M
Millennium Management
8
Millennium Management
New York
$5.53M -$2.2M -420,773 -27%
PL
9
Parkwood LLC
Ohio
$5.31M +$1.04M +200,000 +22%
UBS Group
10
UBS Group
Switzerland
$4.67M +$541K +103,558 +12%
Two Sigma Investments
11
Two Sigma Investments
New York
$4.53M -$986K -188,798 -17%
RC
12
Ronit Capital
United Kingdom
$4.48M -$394K -75,500 -8%
RA
13
Royce & Associates
New York
$3.85M -$427K -81,808 -9%
KCM
14
Knighthead Capital Management
New York
$3.76M +$2.21M +424,081 +121%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$3.69M +$460K +88,110 +13%
Balyasny Asset Management
16
Balyasny Asset Management
Illinois
$3.68M +$3.96M +759,089 New
Two Sigma Advisers
17
Two Sigma Advisers
New York
$3.42M -$855K -163,700 -19%
State Street
18
State Street
Massachusetts
$3.35M +$690K +132,191 +24%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$2.55M +$216K +41,317 +9%
Charles Schwab
20
Charles Schwab
California
$2.55M +$1.32M +253,610 +93%
Northern Trust
21
Northern Trust
Illinois
$2.44M +$323K +61,907 +14%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$1.93M -$1.05M -201,597 -34%
State of New Jersey Common Pension Fund D
23
State of New Jersey Common Pension Fund D
New Jersey
$1.82M
CCM
24
Campbell Capital Management
Florida
$1.69M
BA
25
Bard Associates
Illinois
$1.64M +$1.76M +337,555 New

BHR Hedge Fund Activity: Q3 2021 in Review

120 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q3 2021, worth a combined $193M — down 18% from $236M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new BHR positions and 16 closed out — a net gain of 3 holders — while 38 added to existing stakes and 33 trimmed.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $3.96M. The largest seller was Millennium Management, cutting an estimated $2.2M.

  • 120 institutional investors held Braemar Hotels & Resorts (BHR) as of Q3 2021, up from 118 in Q2 2021.
  • Funds reported $193M of Braemar Hotels & Resorts stock for Q3 2021, down 18% quarter-over-quarter.
  • 19 funds opened new Braemar Hotels & Resorts positions in Q3 2021 and 16 closed out, a net change of +3 holders.
  • The largest Braemar Hotels & Resorts buyer in Q3 2021 was Balyasny Asset Management, an estimated $3.96M added.
  • The largest Braemar Hotels & Resorts seller in Q3 2021 was Millennium Management, an estimated $2.2M sold.

Based on aggregated 13F filings for Q3 2021.