Braemar Hotels & Resorts
BHR
128 hedge funds and large institutions have $170M invested in Braemar Hotels & Resorts in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 50 reducing their positions, and 15 closing their positions.
40% more call options, than puts
Call options by funds: $203K | Put options by funds: $145K
5.25% more ownership
Funds ownership: 61.6% → 66.85% (+5.2%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more funds holding
Funds holding: 127 → 128 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $181M → $170M (-$10.6M)
36% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$2.58M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$1.49M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$876K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$655K |
| 5 |
CM
CastleKnight Management
New York
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
-$3.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.17M |
| 3 |
BlackRock
New York
|
-$1.85M |
| 4 |
RA
Royce & Associates
New York
|
-$1.72M |
| 5 |
Millennium Management
New York
|
-$1.4M |
BHR Hedge Fund Activity: Q1 2023 in Review
128 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q1 2023, worth a combined $170M — down 5.8% from $181M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BHR positions and 15 closed out — a net gain of 1 holder — while 32 added to existing stakes and 50 trimmed.
The largest buyer was Nuveen, adding an estimated $2.58M. The largest seller was King Street Capital Management, exiting entirely with an estimated $3.7M sold.
- 128 institutional investors held Braemar Hotels & Resorts (BHR) as of Q1 2023, up from 127 in Q4 2022.
- Funds reported $170M of Braemar Hotels & Resorts stock for Q1 2023, down 5.8% quarter-over-quarter.
- 16 funds opened new Braemar Hotels & Resorts positions in Q1 2023 and 15 closed out, a net change of +1 holder.
- The largest Braemar Hotels & Resorts buyer in Q1 2023 was Nuveen, an estimated $2.58M added.
- The largest Braemar Hotels & Resorts seller in Q1 2023 was King Street Capital Management, an estimated $3.7M sold.
Based on aggregated 13F filings for Q1 2023.