Diamondrock Hospitality Co
231 hedge funds and large institutions have $1.92B invested in Diamondrock Hospitality Co in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 88 increasing their positions, 66 reducing their positions, and 22 closing their positions.
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
33% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 66
6% more funds holding
Funds holding: 218 → 231 (+13)
3.85% less ownership
Funds ownership: 106.59% → 102.75% (-3.8%)
26% less capital invested
Capital invested by funds: $2.59B → $1.92B (-$666M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$92.8M |
| 2 |
Morgan Stanley
New York
|
+$34.6M |
| 3 |
LPC
Long Pond Capital
New York
|
+$24.6M |
| 4 |
ACM
Adelante Capital Management
Alameda,
California
|
+$5.72M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$66.7M |
| 2 |
Goldman Sachs
New York
|
-$58.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.3M |
| 4 |
Renaissance Technologies
New York
|
-$22.2M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$21.1M |
DRH Hedge Fund Activity: Q4 2018 in Review
231 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q4 2018, worth a combined $1.92B — down 26% from $2.59B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DRH positions and 22 closed out — a net gain of 14 holders — while 88 added to existing stakes and 66 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $92.8M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $66.7M.
- 231 institutional investors held Diamondrock Hospitality Co (DRH) as of Q4 2018, up from 218 in Q3 2018.
- Funds reported $1.92B of Diamondrock Hospitality Co stock for Q4 2018, down 26% quarter-over-quarter.
- 36 funds opened new Diamondrock Hospitality Co positions in Q4 2018 and 22 closed out, a net change of +14 holders.
- The largest Diamondrock Hospitality Co buyer in Q4 2018 was HG Vora Capital Management, an estimated $92.8M added.
- The largest Diamondrock Hospitality Co seller in Q4 2018 was CBRE Investment Management Listed Real Assets, an estimated $66.7M sold.
Based on aggregated 13F filings for Q4 2018.