Vault-13

BRAEMAR HOTELS & RESORTS INC BHR 4.5 06.01.26

NOTE 4.500% 6/0 · US DOMESTIC · CUSIP 10482BAB7

11 institutional holders -1 vs Q4 2022
$86.8mprincipal reported held*
$80.5mreported value*
0 new 2 added 1 reduced 2 sold out net sold ≈ $45.6k

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

051015Q3 22: 15Q4 22: 12Q1 23: 1111Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202215
Q4 202212
Q1 202311

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
505Q4 22: 1 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 2 bought or addedQ1 23: 3 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202215
Q1 202323

Biggest buyers

Shaolin Capital Management LLC Added +2,135,000+2.1m
ZAZOVE ASSOCIATES LLC Added +1,000,000+1.0m

Biggest sellers

KING STREET CAPITAL MANAGEMENT, L.P. Reduced -1,635,000-1.6m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -1,540,000-1.5m
SG Americas Securities, LLC Sold out -9,600-9.6k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ZAZOVE ASSOCIATES LLC 1.95% of their portfolio INCLINE VILLAGE, NV 23,260,00023.3m $21.4m $21.4m 1.95% Added +1.0m +1,000,000
2 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 16,155,00016.2m $14.8m $14.8m 0.02% Unchanged
3 DAVIDSON KEMPNER PARTNERS 0.28% of their portfolio New York, NY 12,500,00012.5m $11.4m $11.4m 0.28% First filing
4 Davidson Kempner Capital Management LP 0.24% of their portfolio New York, NY 12,500,00012.5m $11.4m $11.4m 0.24% Unchanged
5 Shaolin Capital Management LLC 0.23% of their portfolio Miami, FL 8,435,0008.4m $7.8m $7.8m 0.23% Added +2.1m +2,135,000
6 KING STREET CAPITAL MANAGEMENT, L.P. 4.68% of their portfolio New York, NY 6,700,0006.7m $6.3m $6.3m 4.68% Reduced -1.6m -1,635,000
7 Knighthead Capital Management, LLC 0.15% of their portfolio NEW YORK, NY 5,000,0005.0m $4.6m $4.6m 0.15% Unchanged
8 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 1,000,0001.0m $955.0k $955.0k 0.01% Unchanged
9 JONES ROAD CAPITAL MANAGEMENT, L.P. 0.85% of their portfolio NEW YORK, NY 1,000,0001.0m $915.8k $915.8k 0.85% Unchanged
10 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 265,282265.3k $1.0m $1.0m 0.01% Unchanged
11 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged