Diamondrock Hospitality Co
200 hedge funds and large institutions have $2.75B invested in Diamondrock Hospitality Co in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 77 increasing their positions, 80 reducing their positions, and 18 closing their positions.
9% more capital invested
Capital invested by funds: $2.52B → $2.75B (+$233M)
0.32% less ownership
Funds ownership: 110.04% → 109.73% (-0.32%)
4% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 80
4% less funds holding
Funds holding: 208 → 200 (-8)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$46.2M |
| 2 |
SRES
Starwood Real Estate Securities
Greenwich,
Connecticut
|
+$20.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$19.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$15.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$45.4M |
| 2 |
Millennium Management
New York
|
-$10.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.68M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$8.1M |
| 5 |
Renaissance Technologies
New York
|
-$7.28M |
DRH Hedge Fund Activity: Q2 2014 in Review
200 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q2 2014, worth a combined $2.75B — up 9.2% from $2.52B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of DRH and 10 opened new positions — a net loss of 8 holders — while 80 trimmed existing stakes and 77 added.
The largest buyer was JP Morgan Chase, adding an estimated $46.2M. The largest seller was Capital Growth Management, cutting an estimated $45.4M.
- 200 institutional investors held Diamondrock Hospitality Co (DRH) as of Q2 2014, down from 208 in Q1 2014.
- Funds reported $2.75B of Diamondrock Hospitality Co stock for Q2 2014, up 9.2% quarter-over-quarter.
- 10 funds opened new Diamondrock Hospitality Co positions in Q2 2014 and 18 closed out, a net change of -8 holders.
- The largest Diamondrock Hospitality Co buyer in Q2 2014 was JP Morgan Chase, an estimated $46.2M added.
- The largest Diamondrock Hospitality Co seller in Q2 2014 was Capital Growth Management, an estimated $45.4M sold.
Based on aggregated 13F filings for Q2 2014.