Diamondrock Hospitality Co
229 hedge funds and large institutions have $2.2B invested in Diamondrock Hospitality Co in 2018 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 92 increasing their positions, 68 reducing their positions, and 29 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 68
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
0% less funds holding
Funds holding: 230 → 229 (-1)
1.88% less ownership
Funds ownership: 106.42% → 104.54% (-1.9%)
9% less capital invested
Capital invested by funds: $2.41B → $2.2B (-$209M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$24.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$23.4M |
| 3 |
TA
Teachers Advisors
New York
|
+$18M |
| 4 |
BlackRock
New York
|
+$7.8M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$7.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$56.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.7M |
| 3 |
Morgan Stanley
New York
|
-$18.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.7M |
| 5 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$14.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
251
Point72 Hong Kong
Hong Kong
| – | -$30K | -2,647 | Closed |
|
|
PCM
252
Prelude Capital Management
New York
| – | -$21K | -1,852 | Closed |
|
253
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$9K | -792 | Closed |
|
|
DSI
254
Daiwa SB Investments
Tokyo,
Japan
| – | -$6K | -510 | Closed |
|
|
DCM
255
Delpha Capital Management
New York
| – | -$5K | -441 | Closed |
|
256
AssetMark Inc
Concord,
California
| – | -$1K | -102 | Closed |
|
257
Simplex Trading
Chicago,
Illinois
| – | -$1K | -96 | Closed |
|
|
GWS
258
Glassman Wealth Services
Vienna,
Virginia
| – | -$44 | -4 | -17% |
|
DRH Hedge Fund Activity: Q1 2018 in Review
229 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q1 2018, worth a combined $2.2B — down 8.7% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new DRH positions and 29 closed out — a net gain of 1 holder — while 92 added to existing stakes and 68 trimmed.
The largest buyer was Prudential Financial, adding an estimated $24.2M. The largest seller was Millennium Management, cutting an estimated $56.3M.
- 229 institutional investors held Diamondrock Hospitality Co (DRH) as of Q1 2018, down from 230 in Q4 2017.
- Funds reported $2.2B of Diamondrock Hospitality Co stock for Q1 2018, down 8.7% quarter-over-quarter.
- 30 funds opened new Diamondrock Hospitality Co positions in Q1 2018 and 29 closed out, a net change of +1 holder.
- The largest Diamondrock Hospitality Co buyer in Q1 2018 was Prudential Financial, an estimated $24.2M added.
- The largest Diamondrock Hospitality Co seller in Q1 2018 was Millennium Management, an estimated $56.3M sold.
Based on aggregated 13F filings for Q1 2018.