Diamondrock Hospitality Co
191 hedge funds and large institutions have $2.22B invested in Diamondrock Hospitality Co in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 82 increasing their positions, 60 reducing their positions, and 15 closing their positions.
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
37% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 60
15% more capital invested
Capital invested by funds: $1.93B → $2.22B (+$292M)
2.33% more ownership
Funds ownership: 104.44% → 106.77% (+2.3%)
2% more funds holding
Funds holding: 187 → 191 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$123M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$23.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$21.3M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$19.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$109M |
| 2 |
LPC
Long Pond Capital
New York
|
-$33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.7M |
| 5 |
Two Sigma Investments
New York
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
201
Cipher Capital
New York
| – | -$105K | -11,248 | Closed |
|
|
ANTB
202
AMG National Trust Bank
Greenwood Village,
Colorado
| – | -$103K | -11,049 | Closed |
|
|
PG
203
PEAK6 Group
Chicago,
Illinois
| – | -$101 | -10,800 | Closed |
|
|
OMCS
204
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$22K | -2,400 | Closed |
|
205
Lazard Asset Management
New York
| – | -$7K | -779 | Closed |
|
206
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -356 | Closed |
|
DRH Hedge Fund Activity: Q3 2013 in Review
191 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q3 2013, worth a combined $2.22B — up 15% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DRH positions and 15 closed out — a net gain of 6 holders — while 82 added to existing stakes and 60 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $123M. The largest seller was Perkins Investment Management, exiting entirely with an estimated $109M sold.
- 191 institutional investors held Diamondrock Hospitality Co (DRH) as of Q3 2013, up from 187 in Q2 2013.
- Funds reported $2.22B of Diamondrock Hospitality Co stock for Q3 2013, up 15% quarter-over-quarter.
- 21 funds opened new Diamondrock Hospitality Co positions in Q3 2013 and 15 closed out, a net change of +6 holders.
- The largest Diamondrock Hospitality Co buyer in Q3 2013 was Cohen & Steers, an estimated $123M added.
- The largest Diamondrock Hospitality Co seller in Q3 2013 was Perkins Investment Management, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2013.