TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
52 hedge funds and large institutions have $45.2M invested in TravelCenters of America LLC in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 12 closing their positions.
7,713% more call options, than puts
Call options by funds: $1.17M | Put options by funds: $15K
31% more capital invested
Capital invested by funds: $34.6M → $45.2M (+$10.6M)
4% less funds holding
Funds holding: 54 → 52 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.18M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$804K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$338K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$281K |
| 5 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.82M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$1.49M |
| 3 |
SAM
Southpaw Asset Management
Stamford,
Connecticut
|
-$1.14M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$907K |
| 5 |
Millennium Management
New York
|
-$697K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Perritt Capital Management
Chicago,
Illinois
| – | -$907K | -73,594 | Closed |
|
|
BRF
52
B. Riley Financial
Los Angeles,
California
| – | -$247K | -20,000 | Closed |
|
|
CRC
53
Curi RMB Capital
Chicago,
Illinois
| – | -$211K | -17,100 | Closed |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$153K | -12,437 | Closed |
|
|
ARM
55
Adirondack Research & Management
Guilderland,
New York
| – | -$127K | -10,278 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$50K | -4,035 | Closed |
|
|
VFA
57
Valeo Financial Advisors
Carmel,
Indiana
| – | -$12K | -1,000 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$3.27K | -289 | Closed |
|
|
APA
59
American Portfolios Advisors
Holbrook,
New York
| – | -$1.61K | -131 | Closed |
|
TA Hedge Fund Activity: Q4 2019 in Review
52 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q4 2019, worth a combined $45.2M — up 31% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TA and 10 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.18M. The largest seller was Russell Investments Group, exiting entirely with an estimated $1.82M sold.
- 52 institutional investors held TravelCenters of America LLC (TA) as of Q4 2019, down from 54 in Q3 2019.
- Funds reported $45.2M of TravelCenters of America LLC stock for Q4 2019, up 31% quarter-over-quarter.
- 10 funds opened new TravelCenters of America LLC positions in Q4 2019 and 12 closed out, a net change of -2 holders.
- The largest TravelCenters of America LLC buyer in Q4 2019 was Goldman Sachs, an estimated $1.18M added.
- The largest TravelCenters of America LLC seller in Q4 2019 was Russell Investments Group, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2019.