Diamondrock Hospitality Co
217 hedge funds and large institutions have $1.79B invested in Diamondrock Hospitality Co in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 86 increasing their positions, 88 reducing their positions, and 29 closing their positions.
5% more capital invested
Capital invested by funds: $1.7B → $1.79B (+$86.7M)
4.03% more ownership
Funds ownership: 100.78% → 104.81% (+4%)
2% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 88
6% less funds holding
Funds holding: 231 → 217 (-14)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$23.4M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$19.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$16.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$11.8M |
| 5 |
Renaissance Technologies
New York
|
+$8.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$12.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.21M |
| 3 |
D.E. Shaw & Co
New York
|
-$5.56M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$4.8M |
| 5 |
BlackRock
New York
|
-$4.79M |
DRH Hedge Fund Activity: Q1 2023 in Review
217 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q1 2023, worth a combined $1.79B — up 5.1% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of DRH and 18 opened new positions — a net loss of 11 holders — while 88 trimmed existing stakes and 86 added.
The largest buyer was JP Morgan Chase, adding an estimated $23.4M. The largest seller was Prudential Financial, cutting an estimated $12.7M.
- 217 institutional investors held Diamondrock Hospitality Co (DRH) as of Q1 2023, down from 231 in Q4 2022.
- Funds reported $1.79B of Diamondrock Hospitality Co stock for Q1 2023, up 5.1% quarter-over-quarter.
- 18 funds opened new Diamondrock Hospitality Co positions in Q1 2023 and 29 closed out, a net change of -11 holders.
- The largest Diamondrock Hospitality Co buyer in Q1 2023 was JP Morgan Chase, an estimated $23.4M added.
- The largest Diamondrock Hospitality Co seller in Q1 2023 was Prudential Financial, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2023.