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IRONWOOD INVESTMENT MANAGEMENT LLC
> BHR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | Braemar Hotels & Resorts Inc. | BHR | 341,343 | -22,731 | 1,372,199,000 | -33,127,000 | $4,020.00 |
| 03/31/2023 | Braemar Hotels & Resorts Inc. | BHR | 364,074 | 0 | 1,405,326,000 | -91,018,000 | $3,860.00 |
| 12/31/2022 | Braemar Hotels & Resorts Inc. | BHR | 364,074 | 52,350 | 1,496,344,000 | 1,495,004,000 | $4,110.00 |
| 09/30/2022 | Braemar Hotels & Resorts Inc. | BHR | 311,724 | 0 | 1,340,000 | 3,000 | $4.30 |
| 06/30/2022 | Braemar Hotels & Resorts Inc. | BHR | 311,724 | 0 | 1,337,000 | -589,000 | $4.29 |
| 03/31/2022 | Braemar Hotels & Resorts Inc. | BHR | 311,724 | 0 | 1,926,000 | 336,000 | $6.18 |
| 12/31/2021 | Braemar Hotels & Resorts Inc. | BHR | 311,724 | -8,000 | 1,590,000 | 39,000 | $5.10 |
| 09/30/2021 | Braemar Hotels & Resorts Inc. | BHR | 319,724 | -2,916 | 1,551,000 | -453,000 | $4.85 |
| 06/30/2021 | Braemar Hotels & Resorts Inc. | BHR | 322,640 | 20,000 | 2,004,000 | 167,000 | $6.21 |
| 03/31/2021 | Braemar Hotels & Resorts Inc. | BHR | 302,640 | 0 | 1,837,000 | 442,000 | $6.07 |
| 12/31/2020 | Braemar Hotels & Resorts Inc. | BHR | 302,640 | 11,578 | 1,395,000 | 667,000 | $4.61 |
| 09/30/2020 | Braemar Hotels & Resorts Inc. | BHR | 291,062 | 5,969 | 728,000 | -87,000 | $2.50 |
| 06/30/2020 | Braemar Hotels & Resorts Inc. | BHR | 285,093 | 94,137 | 815,000 | 490,000 | $2.86 |
| 03/31/2020 | Braemar Hotels & Resorts Inc. | BHR | 190,956 | 93,231 | 325,000 | -548,000 | $1.70 |
| 12/31/2019 | Braemar Hotels & Resorts Inc. | BHR | 97,725 | -4,845 | 873,000 | -90,000 | $8.93 |
| 09/30/2019 | Braemar Hotels & Resorts Inc. | BHR | 102,570 | 25,276 | 963,000 | 198,000 | $9.39 |
| 06/30/2019 | Braemar Hotels & Resorts Inc. | BHR | 77,294 | 0 | 765,000 | -179,000 | $9.90 |
| 03/31/2019 | Braemar Hotels & Resorts Inc. | BHR | 77,294 | 8,500 | 944,000 | 330,000 | $12.21 |
| 12/31/2018 | Braemar Hotels & Resorts Inc. | BHR | 68,794 | 27,000 | 614,000 | 122,000 | $8.93 |
| 09/30/2018 | Braemar Hotels & Resorts Inc. | BHR | 41,794 | 0 | 492,000 | 15,000 | $11.77 |
| 06/30/2018 | Braemar Hotels & Resorts Inc. | BHR | 41,794 | 41,794 | 477,000 | 477,000 | $11.41 |
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