Diamondrock Hospitality Co
238 hedge funds and large institutions have $1.8B invested in Diamondrock Hospitality Co in 2024 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 79 increasing their positions, 92 reducing their positions, and 24 closing their positions.
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
6% more funds holding
Funds holding: 224 → 238 (+14)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less call options, than puts
Call options by funds: $12K | Put options by funds: $13K
4.27% less ownership
Funds ownership: 105.56% → 101.29% (-4.3%)
14% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 92
15% less capital invested
Capital invested by funds: $2.12B → $1.8B (-$324M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$37.1M |
| 2 |
Millennium Management
New York
|
+$15.6M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$12.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$9.65M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$20.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.4M |
| 4 |
ACM
Adelante Capital Management
Alameda,
California
|
-$13.2M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$12.1M |
DRH Hedge Fund Activity: Q2 2024 in Review
238 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q2 2024, worth a combined $1.8B — down 15% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new DRH positions and 24 closed out — a net gain of 17 holders — while 79 added to existing stakes and 92 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $37.1M. The largest seller was Goldman Sachs, cutting an estimated $20.2M.
- 238 institutional investors held Diamondrock Hospitality Co (DRH) as of Q2 2024, up from 224 in Q1 2024.
- Funds reported $1.8B of Diamondrock Hospitality Co stock for Q2 2024, down 15% quarter-over-quarter.
- 41 funds opened new Diamondrock Hospitality Co positions in Q2 2024 and 24 closed out, a net change of +17 holders.
- The largest Diamondrock Hospitality Co buyer in Q2 2024 was Wellington Management Group, an estimated $37.1M added.
- The largest Diamondrock Hospitality Co seller in Q2 2024 was Goldman Sachs, an estimated $20.2M sold.
Based on aggregated 13F filings for Q2 2024.