Diamondrock Hospitality Co
219 hedge funds and large institutions have $2.22B invested in Diamondrock Hospitality Co in 2019 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 70 increasing their positions, 80 reducing their positions, and 23 closing their positions.
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
2% more funds holding
Funds holding: 215 → 219 (+4)
0.97% less ownership
Funds ownership: 107.53% → 106.56% (-0.97%)
5% less capital invested
Capital invested by funds: $2.35B → $2.22B (-$126M)
13% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 80
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$27.1M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$23M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$21.1M |
| 4 |
Morgan Stanley
New York
|
+$20.3M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$43.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30.3M |
| 3 |
Millennium Management
New York
|
-$15.2M |
| 4 |
BlackRock
New York
|
-$11.1M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
-$10.5M |
DRH Hedge Fund Activity: Q2 2019 in Review
219 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q2 2019, worth a combined $2.22B — down 5.4% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new DRH positions and 23 closed out — a net gain of 8 holders — while 70 added to existing stakes and 80 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $27.1M. The largest seller was Resolution Capital, exiting entirely with an estimated $43.7M sold.
- 219 institutional investors held Diamondrock Hospitality Co (DRH) as of Q2 2019, up from 215 in Q1 2019.
- Funds reported $2.22B of Diamondrock Hospitality Co stock for Q2 2019, down 5.4% quarter-over-quarter.
- 31 funds opened new Diamondrock Hospitality Co positions in Q2 2019 and 23 closed out, a net change of +8 holders.
- The largest Diamondrock Hospitality Co buyer in Q2 2019 was Nuveen, an estimated $27.1M added.
- The largest Diamondrock Hospitality Co seller in Q2 2019 was Resolution Capital, an estimated $43.7M sold.
Based on aggregated 13F filings for Q2 2019.