TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
88 hedge funds and large institutions have $56.5M invested in TravelCenters of America LLC in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 30 reducing their positions, and 12 closing their positions.
410% more call options, than puts
Call options by funds: $260K | Put options by funds: $51K
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
6% more capital invested
Capital invested by funds: $53.5M → $56.5M (+$2.96M)
2% more funds holding
Funds holding: 86 → 88 (+2)
40% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$1.76M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.03M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$870K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$833K |
| 5 |
PCM
Proxima Capital Management
New York
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.58M |
| 2 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$940K |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$593K |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
-$397K |
| 5 |
JP Morgan Chase
New York
|
-$368K |
TA Hedge Fund Activity: Q1 2019 in Review
88 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q1 2019, worth a combined $56.5M — up 5.5% from $53.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TA positions and 12 closed out — a net gain of 3 holders — while 18 added to existing stakes and 30 trimmed.
The largest buyer was VIEX Capital Advisors, opening a new position worth an estimated $1.76M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $4.58M sold.
- 88 institutional investors held TravelCenters of America LLC (TA) as of Q1 2019, up from 86 in Q4 2018.
- Funds reported $56.5M of TravelCenters of America LLC stock for Q1 2019, up 5.5% quarter-over-quarter.
- 15 funds opened new TravelCenters of America LLC positions in Q1 2019 and 12 closed out, a net change of +3 holders.
- The largest TravelCenters of America LLC buyer in Q1 2019 was VIEX Capital Advisors, an estimated $1.76M added.
- The largest TravelCenters of America LLC seller in Q1 2019 was Polar Asset Management Partners, an estimated $4.58M sold.
Based on aggregated 13F filings for Q1 2019.