Diamondrock Hospitality Co
208 hedge funds and large institutions have $2.53B invested in Diamondrock Hospitality Co in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 79 increasing their positions, 72 reducing their positions, and 22 closing their positions.
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
1% more funds holding
Funds holding: 205 → 208 (+3)
10% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 72
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $2.58B → $2.53B (-$55M)
4.35% less ownership
Funds ownership: 114.39% → 110.04% (-4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$75.7M |
| 2 |
JP Morgan Chase
New York
|
+$59M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$18.8M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$16.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$53.7M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$48.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$16.5M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$16M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.9M |
DRH Hedge Fund Activity: Q1 2014 in Review
208 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q1 2014, worth a combined $2.53B — down 2.1% from $2.58B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DRH positions and 22 closed out — a net gain of 5 holders — while 79 added to existing stakes and 72 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $75.7M. The largest seller was AllianceBernstein, cutting an estimated $53.7M.
- 208 institutional investors held Diamondrock Hospitality Co (DRH) as of Q1 2014, up from 205 in Q4 2013.
- Funds reported $2.53B of Diamondrock Hospitality Co stock for Q1 2014, down 2.1% quarter-over-quarter.
- 27 funds opened new Diamondrock Hospitality Co positions in Q1 2014 and 22 closed out, a net change of +5 holders.
- The largest Diamondrock Hospitality Co buyer in Q1 2014 was Cohen & Steers, an estimated $75.7M added.
- The largest Diamondrock Hospitality Co seller in Q1 2014 was AllianceBernstein, an estimated $53.7M sold.
Based on aggregated 13F filings for Q1 2014.