Diamondrock Hospitality Co
DRH
224 hedge funds and large institutions have $2.12B invested in Diamondrock Hospitality Co in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 78 increasing their positions, 85 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
5% more funds holding
Funds holding: 213 → 224 (+11)
3% more capital invested
Capital invested by funds: $2.06B → $2.12B (+$62.7M)
0.98% more ownership
Funds ownership: 104.58% → 105.56% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 85
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $12K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$17M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.2M |
| 3 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$7.08M |
| 4 |
Goldman Sachs
New York
|
+$6.02M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.47M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.61M |
| 4 |
BlackRock
New York
|
-$5.08M |
| 5 |
ACM
Adelante Capital Management
Alameda,
California
|
-$3.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Millennium Management
New York
| – | -$253K | -26,902 | Closed |
|
227
Verition Fund Management
Greenwich,
Connecticut
| – | -$201K | -21,393 | Closed |
|
228
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$160K | -17,080 | Closed |
|
|
TC
229
TwinBeech Capital
Purchase,
New York
| – | -$160K | -17,014 | Closed |
|
|
FRM
230
Fox Run Management
Greenwich,
Connecticut
| – | -$152K | -16,158 | Closed |
|
231
Squarepoint
New York
| – | -$145K | -15,412 | Closed |
|
|
BHCM
232
Brevan Howard Capital Management
St. Helier,
Jersey
| – | -$101K | -10,717 | Closed |
|
|
NB
233
Norinchukin Bank
Tokyo,
Japan
| – | -$94.5K | -10,066 | Closed |
|
234
Citadel Advisors
Miami,
Florida
| – | -$67.1K | -7,148 | Closed |
|
235
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$24.9K | -2,655 | Closed |
|
|
GWS
236
Glassman Wealth Services
Vienna,
Virginia
| – | -$22.1K | -2,357 | Closed |
|
|
HI
237
Horizon Investments
Charlotte,
North Carolina
| – | -$235 | -25 | Closed |
|
|
C
238
Covestor
London,
United Kingdom
| – | +$262 | +28 | +165% |
|
DRH Hedge Fund Activity: Q1 2024 in Review
224 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q1 2024, worth a combined $2.12B — up 3% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DRH positions and 15 closed out — a net gain of 12 holders — while 78 added to existing stakes and 85 trimmed.
The largest buyer was Centersquare Investment Management, adding an estimated $17M. The largest seller was Morgan Stanley, cutting an estimated $13.8M.
- 224 institutional investors held Diamondrock Hospitality Co (DRH) as of Q1 2024, up from 213 in Q4 2023.
- Funds reported $2.12B of Diamondrock Hospitality Co stock for Q1 2024, up 3% quarter-over-quarter.
- 27 funds opened new Diamondrock Hospitality Co positions in Q1 2024 and 15 closed out, a net change of +12 holders.
- The largest Diamondrock Hospitality Co buyer in Q1 2024 was Centersquare Investment Management, an estimated $17M added.
- The largest Diamondrock Hospitality Co seller in Q1 2024 was Morgan Stanley, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2024.