Braemar Hotels & Resorts Inc. (BHR)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	9,177,791	$22,852,700	0%
2.	Vanguard Group Inc	3,461,364	$8,618,796	0%
3.	Blackrock, Inc.	259,291	$3,373,376	0%
4.	Goldman Sachs Group Inc	488,263	$1,215,775	0%
5.	Universal- Beteiligungs- Und Servicegesellschaft Mbh	480,000	$1,195,200	0%