Diamondrock Hospitality Co
213 hedge funds and large institutions have $1.09B invested in Diamondrock Hospitality Co in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 89 increasing their positions, 62 reducing their positions, and 53 closing their positions.
371% more call options, than puts
Call options by funds: $297K | Put options by funds: $63K
44% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 62
0.3% less ownership
Funds ownership: 107.24% → 106.94% (-0.3%)
6% less funds holding
Funds holding: 226 → 213 (-13)
21% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 53
54% less capital invested
Capital invested by funds: $2.38B → $1.09B (-$1.29B)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$77.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$35.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$15M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$13.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$47M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$38.1M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$23.1M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$15.4M |
| 5 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$13.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMT
251
First Mercantile Trust
Cordova,
Tennessee
| – | -$100K | -9,010 | Closed |
|
252
Point72 Asset Management
Stamford,
Connecticut
| – | -$39K | -3,500 | Closed |
|
|
GDP
253
Great Diamond Partners
Portland,
Maine
| – | -$19K | -1,722 | Closed |
|
254
KBC Group
Brussels,
Belgium
| – | -$9K | -805 | Closed |
|
|
HGWM
255
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$5K | -458 | Closed |
|
|
ST
256
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$3K | -230 | Closed |
|
|
TFO
257
Tarbox Family Office
Newport Beach,
California
| – | -$2K | -167 | Closed |
|
|
TWA
258
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -164 | Closed |
|
|
PFBT
259
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2K | -155 | Closed |
|
|
CAW
260
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -96 | Closed |
|
|
IA
261
IFP Advisors
Tampa,
Florida
| – | -$517 | -60 | Closed |
|
|
FGAM
262
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$11K | -3 | Closed |
|
|
ASN
263
Advisory Services Network
Atlanta,
Georgia
| – | +$181 | +21 | +32% |
|
DRH Hedge Fund Activity: Q1 2020 in Review
213 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q1 2020, worth a combined $1.09B — down 54% from $2.38B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of DRH and 42 opened new positions — a net loss of 11 holders — while 62 trimmed existing stakes and 89 added.
The largest buyer was Invesco, adding an estimated $77.5M. The largest seller was Wellington Management Group, exiting entirely with an estimated $47M sold.
- 213 institutional investors held Diamondrock Hospitality Co (DRH) as of Q1 2020, down from 226 in Q4 2019.
- Funds reported $1.09B of Diamondrock Hospitality Co stock for Q1 2020, down 54% quarter-over-quarter.
- 42 funds opened new Diamondrock Hospitality Co positions in Q1 2020 and 53 closed out, a net change of -11 holders.
- The largest Diamondrock Hospitality Co buyer in Q1 2020 was Invesco, an estimated $77.5M added.
- The largest Diamondrock Hospitality Co seller in Q1 2020 was Wellington Management Group, an estimated $47M sold.
Based on aggregated 13F filings for Q1 2020.