Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Braemar Hotels & Resorts Inc (BHR)

129 + Investors. Track Smart Money conviction in BHR. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
54%

Smart Money Signals — BHR

Based on 129 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BHR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
129 hedge funds hold BHR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

66 buying56 selling
Last quarter: 66 funds bought or added vs 56 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~16 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 30 → 23 → 21 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

61% conviction (2yr+) 22% medium 17% new
79 out of 129 hedge funds have held BHR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -4%, value -19%

Value
-19%
Shares
-3%
Last quarter: funds added -4% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

9 → 30 → 23 → 21 → 16 new funds/Q
New funds entering each quarter: 30 → 23 → 21 → 16. BHR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 68% veterans vs 22% newcomers

68% veterans 10% 1-2yr 22% new
Entry-cohort mix of 130 holders: 88 (68%) are 2+ year veterans, 13 entered 1–2 years ago, and 29 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
42 of 129 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in BHR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BHR

In 2026 Q2, 66 hedge funds were net buyers of BHR (16 opened a new position, 50 added to an existing one), while 56 reduced or exited (34 trimmed, 22 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 56% of total institutional value in BHR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 129.

Hedge Fund Ownership: BHR

How many hedge funds hold BHR — quarterly history vs. share price
Quarterly hedge fund ownership of BHR vs. share price

Market Analysis: BHR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BHR

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: BHR
129 + Investors

Track Smart Money conviction in BHR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 129 135 -4.44%
13F Shares 33M 35M -3.61%
Total Value $68M $84M -19.01%
New Positions 16 21 -5
Increased Positions 50 42 +8
Closed Positions 22 21 +1
Reduced Positions 34 41 -7
Total Calls 0 0 -
Total Puts 1 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BHR

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Institutional Holders (2026 Q2)

129 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BHR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BHR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Worth Venture Partners, LLC 0.93% 190,200 $411K
2 Landmark Investment Partners, L.P. 0.50% 988,883 $2.0M
3 Zazove Associates LLC 0.39% 2,217,055 $4.8M
4 Ironwood Investment Management LLC 0.32% 431,444 $932K
5 Rangeley Capital, LLC 0.32% 162,567 $351K
6 Orvieto Partners, L.P. 0.14% 99,380 $215K
7 GatePass Capital, LLC 0.04% 48,000 $104K
8 Infrastructure Capital Advisors, LLC 0.03% 259,555 $561K
9 Catalyst Funds Management Pty Ltd 0.03% 248,980 $538K
10 Noesis Capital Mangement Corp 0.02% 70,000 $151K
11 FJ Capital Management LLC 0.01% 44,916 $97K
12 PFG Investments, LLC 0.01% 148,304 $320K
13 NJ State Employees Deferred Compensation Plan 0.01% 21,300 $58K
14 JBF Capital, Inc. 0.01% 21,862 $47K
15 Simplify Asset Management Inc. 0.01% 183,000 $395K
16 CastleKnight Management LP 0.01% 187,920 $406K
17 Sowell Financial Services LLC 0.00% 69,899 $151K
18 Beverly Hills Private Wealth, LLC 0.00% 11,131 $24K
19 Jacobs Levy Equity Management, Inc 0.00% 435,820 $941K
20 Ritholtz Wealth Management 0.00% 99,191 $214K
21 Renaissance Technologies LLC 0.00% 706,500 $1.5M
22 Quinn Opportunity Partners LLC 0.00% 20,000 $43K
23 Algert Global LLC 0.00% 66,965 $145K
24 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% 480,000 $1.0M
25 Los Angeles Capital Management LLC 0.00% 196,992 $426K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Braemar Hotels & Resorts Inc (BHR)

What does the Smart Money Trend signal show for BHR?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BHR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BHR?

Slight buying edge — 54% buying: Last quarter: 66 funds bought or added vs 56 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BHR holders?

Elite ownership — 56% AUM from top-100 funds: 42 of 129 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in BHR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BHR?

61% of holders stayed for 2+ years: 79 out of 129 hedge funds have held BHR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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