Diamondrock Hospitality Co
219 hedge funds and large institutions have $2.47B invested in Diamondrock Hospitality Co in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 82 increasing their positions, 73 reducing their positions, and 35 closing their positions.
19% more capital invested
Capital invested by funds: $2.08B → $2.47B (+$394M)
12% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 73
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
4% less funds holding
Funds holding: 228 → 219 (-9)
7.21% less ownership
Funds ownership: 114.15% → 106.93% (-7.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$38.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.2M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18.6M |
| 4 |
Millennium Management
New York
|
+$16.1M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$55.6M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$51.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$28M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$23.7M |
| 5 |
Bank of New York Mellon
New York
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
251
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$8K | -922 | Closed |
|
252
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -791 | Closed |
|
|
CGT
253
Capital Guardian Trust
Los Angeles,
California
| – | -$4K | -439 | Closed |
|
254
Creative Planning
Overland Park,
Kansas
| – | -$2K | -200 | Closed |
|
DRH Hedge Fund Activity: Q4 2016 in Review
219 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q4 2016, worth a combined $2.47B — up 19% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of DRH and 32 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 82 added.
The largest buyer was Prudential Financial, adding an estimated $38.1M. The largest seller was Invesco, cutting an estimated $55.6M.
- 219 institutional investors held Diamondrock Hospitality Co (DRH) as of Q4 2016, down from 228 in Q3 2016.
- Funds reported $2.47B of Diamondrock Hospitality Co stock for Q4 2016, up 19% quarter-over-quarter.
- 32 funds opened new Diamondrock Hospitality Co positions in Q4 2016 and 35 closed out, a net change of -3 holders.
- The largest Diamondrock Hospitality Co buyer in Q4 2016 was Prudential Financial, an estimated $38.1M added.
- The largest Diamondrock Hospitality Co seller in Q4 2016 was Invesco, an estimated $55.6M sold.
Based on aggregated 13F filings for Q4 2016.