Diamondrock Hospitality Co
213 hedge funds and large institutions have $1.75B invested in Diamondrock Hospitality Co in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 77 increasing their positions, 94 reducing their positions, and 32 closing their positions.
233% more call options, than puts
Call options by funds: $10K | Put options by funds: $3K
4% less capital invested
Capital invested by funds: $1.82B → $1.75B (-$69.1M)
4.94% less ownership
Funds ownership: 108.11% → 103.17% (-4.9%)
7% less funds holding
Funds holding: 230 → 213 (-17)
18% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 94
47% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H2CM
H/2 Credit Manager
Stamford,
Connecticut
|
+$18.4M |
| 2 |
ACM
Adelante Capital Management
Alameda,
California
|
+$11.8M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$9.33M |
| 4 |
Pzena Investment Management
New York
|
+$6.52M |
| 5 |
BAMCO Inc
New York
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$23M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$17.4M |
| 3 |
Man Group
London,
United Kingdom
|
-$15.7M |
| 4 |
Goldman Sachs
New York
|
-$13.6M |
| 5 |
Renaissance Technologies
New York
|
-$11.5M |
DRH Hedge Fund Activity: Q3 2023 in Review
213 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Diamondrock Hospitality Co (DRH) for Q3 2023, worth a combined $1.75B — down 3.8% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of DRH and 17 opened new positions — a net loss of 15 holders — while 94 trimmed existing stakes and 77 added.
The largest buyer was H/2 Credit Manager, adding an estimated $18.4M. The largest seller was Centersquare Investment Management, cutting an estimated $23M.
- 213 institutional investors held Diamondrock Hospitality Co (DRH) as of Q3 2023, down from 230 in Q2 2023.
- Funds reported $1.75B of Diamondrock Hospitality Co stock for Q3 2023, down 3.8% quarter-over-quarter.
- 17 funds opened new Diamondrock Hospitality Co positions in Q3 2023 and 32 closed out, a net change of -15 holders.
- The largest Diamondrock Hospitality Co buyer in Q3 2023 was H/2 Credit Manager, an estimated $18.4M added.
- The largest Diamondrock Hospitality Co seller in Q3 2023 was Centersquare Investment Management, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2023.