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BHR

Braemar Hotels & Resorts
BHR

107 hedge funds and large institutions have $97.2M invested in Braemar Hotels & Resorts in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 32

1.19% more ownership

Funds ownership: 57.7% → 58.89% (+1.2%)

8% less capital invested

Capital invested by funds: $106M → $97.2M (-$8.33M)

10% less funds holding

Funds holding: 119 → 107 (-12)

55% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 22

97% less call options, than puts

Call options by funds: $10K | Put options by funds: $286K

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
107
Holders Change
-12
Holders Change %
-10.08%
% of All Funds
1.56%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
10
Increased
36
Reduced
32
Closed
22
Calls
$10K
Puts
$286K
Net Calls
-$276K
Net Calls Change
-$124K

Top Buyers

1
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management
California
+$2.03M
2
Morgan Stanley
Morgan Stanley
New York
+$1.81M
3
BlackRock
BlackRock
New York
+$693K
4
PCM
Penserra Capital Management
California
+$683K
5
AA
ALPS Advisors
Colorado
+$284K

Top Sellers

1
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$1.38M
2
CM
CastleKnight Management
New York
-$878K
3
Millennium Management
Millennium Management
New York
-$622K
4
CAM
ClariVest Asset Management
California
-$573K
5
ICM
Invenomic Capital Management
Massachusetts
-$292K
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$23.9M +$693K +278,837 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$8.5M +$50.3K +20,236 +0.6%
LSV Asset Management
3
LSV Asset Management
Illinois
$7.46M -$159K -63,840 -2%
Hotchkis & Wiley Capital Management
4
Hotchkis & Wiley Capital Management
California
$6.24M +$2.03M +817,280 +49%
DKCM
5
Davidson Kempner Capital Management
New York
$5.75M – – –
ZA
6
Zazove Associates
Nevada
$5.25M – – –
Morgan Stanley
7
Morgan Stanley
New York
$3.5M +$1.81M +728,240 +108%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$3.32M +$151K +60,685 +5%
State Street
9
State Street
Massachusetts
$3.08M +$18.9K +7,605 +0.6%
JRCM
10
Jones Road Capital Management
New York
$3.01M – – –
CM
11
CastleKnight Management
New York
$2.13M -$878K -353,016 -29%
N
12
Nuveen
North Carolina
$1.99M +$131K +52,811 +7%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$1.89M +$1.42K +572 +0.1%
UBS Group
14
UBS Group
Switzerland
$1.71M -$63.1K -25,362 -4%
Northern Trust
15
Northern Trust
Illinois
$1.38M +$22.1K +8,886 +2%
Renaissance Technologies
16
Renaissance Technologies
New York
$1.27M +$41.3K +16,600 +3%
IIM
17
Ironwood Investment Management
Massachusetts
$1.02M +$73.2K +29,439 +8%
State of New Jersey Common Pension Fund D
18
State of New Jersey Common Pension Fund D
New Jersey
$1.01M – – –
LPL Financial
19
LPL Financial
California
$871K -$133K -53,400 -13%
BA
20
Bard Associates
Illinois
$838K -$41.5K -16,700 -5%
Ameriprise
21
Ameriprise
Minnesota
$717K +$243K +97,900 +52%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$689K -$13.1K -5,257 -2%
PCM
23
Penserra Capital Management
California
$686K +$683K +274,673 New
KCM
24
Kennedy Capital Management
Missouri
$652K -$10.8K -4,335 -2%
Invesco
25
Invesco
Georgia
$585K -$30.3K -12,182 -5%
1
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BHR Hedge Fund Activity: Q4 2023 in Review

107 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Braemar Hotels & Resorts (BHR) for Q4 2023, worth a combined $97.2M — down 7.9% from $106M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BHR and 10 opened new positions — a net loss of 12 holders — while 32 trimmed existing stakes and 36 added.

The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $2.03M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $1.38M sold.

  • 107 institutional investors held Braemar Hotels & Resorts (BHR) as of Q4 2023, down from 119 in Q3 2023.
  • Funds reported $97.2M of Braemar Hotels & Resorts stock for Q4 2023, down 7.9% quarter-over-quarter.
  • 10 funds opened new Braemar Hotels & Resorts positions in Q4 2023 and 22 closed out, a net change of -12 holders.
  • The largest Braemar Hotels & Resorts buyer in Q4 2023 was Hotchkis & Wiley Capital Management, an estimated $2.03M added.
  • The largest Braemar Hotels & Resorts seller in Q4 2023 was Balyasny Asset Management, an estimated $1.38M sold.

Based on aggregated 13F filings for Q4 2023.