Braemar Hotels & Resorts
BHR
127 hedge funds and large institutions have $181M invested in Braemar Hotels & Resorts in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 24 closing their positions.
320% more call options, than puts
Call options by funds: $416K | Put options by funds: $99K
4.44% less ownership
Funds ownership: 66.03% → 61.6% (-4.4%)
11% less capital invested
Capital invested by funds: $203M → $181M (-$21.9M)
11% less funds holding
Funds holding: 143 → 127 (-16)
14% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 50
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$2.29M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.48M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$1.3M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
-$3.49M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.34M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.04M |
| 4 |
Goldman Sachs
New York
|
-$1.6M |
| 5 |
1C
1060 Capital
Denver,
Colorado
|
-$1.52M |
BHR Hedge Fund Activity: Q4 2022 in Review
127 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q4 2022, worth a combined $181M — down 11% from $203M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BHR and 10 opened new positions — a net loss of 14 holders — while 50 trimmed existing stakes and 43 added.
The largest buyer was CastleKnight Management, adding an estimated $2.29M. The largest seller was King Street Capital Management, cutting an estimated $3.49M.
- 127 institutional investors held Braemar Hotels & Resorts (BHR) as of Q4 2022, down from 143 in Q3 2022.
- Funds reported $181M of Braemar Hotels & Resorts stock for Q4 2022, down 11% quarter-over-quarter.
- 10 funds opened new Braemar Hotels & Resorts positions in Q4 2022 and 24 closed out, a net change of -14 holders.
- The largest Braemar Hotels & Resorts buyer in Q4 2022 was CastleKnight Management, an estimated $2.29M added.
- The largest Braemar Hotels & Resorts seller in Q4 2022 was King Street Capital Management, an estimated $3.49M sold.
Based on aggregated 13F filings for Q4 2022.