TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
59 hedge funds and large institutions have $137M invested in TravelCenters of America LLC in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 13 closing their positions.
133% more capital invested
Capital invested by funds: $58.7M → $137M (+$78.3M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
9% more funds holding
Funds holding: 54 → 59 (+5)
26% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $2.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$16.5M |
| 2 |
SCM
SCW Capital Management
Dallas,
Texas
|
+$12.5M |
| 3 |
AIC
AWM Investment Company
New York
|
+$10.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.19M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
-$1.72M |
| 2 |
AO
Advisor OS
Chicago,
Illinois
|
-$971K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$676K |
| 4 |
Two Sigma Investments
New York
|
-$568K |
| 5 |
Citigroup
New York
|
-$544K |
TA Hedge Fund Activity: Q3 2020 in Review
59 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q3 2020, worth a combined $137M — up 133% from $58.7M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TA positions and 13 closed out — a net gain of 5 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Nantahala Capital Management, adding an estimated $16.5M. The largest seller was Stone House Capital Management, cutting an estimated $1.72M.
- 59 institutional investors held TravelCenters of America LLC (TA) as of Q3 2020, up from 54 in Q2 2020.
- Funds reported $137M of TravelCenters of America LLC stock for Q3 2020, up 133% quarter-over-quarter.
- 18 funds opened new TravelCenters of America LLC positions in Q3 2020 and 13 closed out, a net change of +5 holders.
- The largest TravelCenters of America LLC buyer in Q3 2020 was Nantahala Capital Management, an estimated $16.5M added.
- The largest TravelCenters of America LLC seller in Q3 2020 was Stone House Capital Management, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2020.