TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
86 hedge funds and large institutions have $53.5M invested in TravelCenters of America LLC in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 12 closing their positions.
298% more call options, than puts
Call options by funds: $219K | Put options by funds: $55K
4% less funds holding
Funds holding: 90 → 86 (-4)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
36% less capital invested
Capital invested by funds: $84.3M → $53.5M (-$30.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$771K |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$727K |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$344K |
| 4 |
Squarepoint
New York
|
+$286K |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$1.14M |
| 2 |
JP Morgan Chase
New York
|
-$868K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$677K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$466K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$371K |
TA Hedge Fund Activity: Q4 2018 in Review
86 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q4 2018, worth a combined $53.5M — down 36% from $84.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TA and 9 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 23 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $771K. The largest seller was Granite Point Capital Management, exiting entirely with an estimated $1.14M sold.
- 86 institutional investors held TravelCenters of America LLC (TA) as of Q4 2018, down from 90 in Q3 2018.
- Funds reported $53.5M of TravelCenters of America LLC stock for Q4 2018, down 36% quarter-over-quarter.
- 9 funds opened new TravelCenters of America LLC positions in Q4 2018 and 12 closed out, a net change of -3 holders.
- The largest TravelCenters of America LLC buyer in Q4 2018 was Dimensional Fund Advisors, an estimated $771K added.
- The largest TravelCenters of America LLC seller in Q4 2018 was Granite Point Capital Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2018.