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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 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

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 (-$69.3M)

4.94% less ownership

Funds ownership: 108.11%103.17% (-4.9%)

8% less funds holding

Funds holding: 231213 (-18)

18% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 94

48% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 33

Holders
213
Holders Change
-18
Holders Change %
-7.79%
% of All Funds
3.38%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
77
Reduced
94
Closed
33
Calls
$10K
Puts
$3K
Net Calls
+$7K
Net Calls Change
-$9K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$312M -$3.88M -482,647 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$293M -$2.81M -349,139 -0.9%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$119M +$295K +36,699 +0.2%
State Street
4
State Street
Massachusetts
$110M -$648K -80,607 -0.6%
Pzena Investment Management
5
Pzena Investment Management
New York
$78.1M +$6.52M +810,972 +9%
Principal Financial Group
6
Principal Financial Group
Iowa
$71.4M -$1.93M -240,194 -3%
Macquarie Group
7
Macquarie Group
Australia
$58.4M +$2.29M +285,396 +4%
JP Morgan Chase
8
JP Morgan Chase
New York
$45.3M +$2.37M +294,365 +6%
Invesco
9
Invesco
Georgia
$43.8M +$1.33M +165,142 +3%
Alyeska Investment Group
10
Alyeska Investment Group
Illinois
$38.9M +$1.09M +135,193 +3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$38.2M +$1.28M +159,501 +3%
Charles Schwab
12
Charles Schwab
California
$34.7M +$1.51M +188,010 +5%
CIM
13
Centersquare Investment Management
Pennsylvania
$30.8M -$23M -2,858,890 -43%
Northern Trust
14
Northern Trust
Illinois
$26.4M +$593K +73,745 +2%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$24.5M +$411K +51,113 +2%
H2CM
16
H/2 Credit Manager
Connecticut
$22M +$18.4M +2,291,445 +509%
Victory Capital Management
17
Victory Capital Management
Texas
$21.5M -$1.02M -127,151 -5%
VLKIM
18
Van Lanschot Kempen Investment Management
Netherlands
$19.6M -$4.04M -502,915 -17%
Goldman Sachs
19
Goldman Sachs
New York
$19.1M -$13.6M -1,690,489 -42%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$17.4M -$385K -47,975 -2%
Fisher Asset Management
21
Fisher Asset Management
Washington
$15.9M +$584K +72,633 +4%
Morgan Stanley
22
Morgan Stanley
New York
$14.5M +$208K +25,938 +1%
Legal & General Group
23
Legal & General Group
United Kingdom
$13.6M +$66.1K +8,223 +0.5%
SFM
24
Systematic Financial Management
New Jersey
$12.5M +$958K +119,277 +8%
ACM
25
Adelante Capital Management
California
$12.4M +$11.8M +1,465,830 +1,895%

DRH Hedge Fund Activity: Q3 2023 in Review

213 of the 6,301 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: 33 funds closed out of DRH and 17 opened new positions — a net loss of 16 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 231 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 33 closed out, a net change of -16 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.