TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
58 hedge funds and large institutions have $27.6M invested in TravelCenters of America LLC in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
12% more funds holding
Funds holding: 52 → 58 (+6)
13% less call options, than puts
Call options by funds: $110K | Put options by funds: $126K
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
39% less capital invested
Capital invested by funds: $45.2M → $27.6M (-$17.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.44M |
| 2 |
JP Morgan Chase
New York
|
+$916K |
| 3 |
AIC
AWM Investment Company
New York
|
+$735K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$613K |
| 5 |
PCM
Proxima Capital Management
New York
|
+$566K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
-$1.03M |
| 2 |
ACM
Anfield Capital Management
Irvine,
California
|
-$925K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$425K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$277K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$1.03M | -60,000 | Closed |
|
|
ACM
52
Anfield Capital Management
Irvine,
California
| – | -$925K | -52,826 | Closed |
|
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$425K | -24,795 | Closed |
|
|
TI
54
Trexquant Investment
Stamford,
Connecticut
| – | -$277K | -16,139 | Closed |
|
55
Marshall Wace
London,
United Kingdom
| – | -$39K | -2,300 | Closed |
|
|
HR
56
Howe & Rusling
Rochester,
New York
| – | -$1K | -60 | Closed |
|
57
Fidelity Investments
Boston,
Massachusetts
| – | +$29 | +2 | New |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$72 | +5 | +36% |
|
|
GSWM
59
Golden State Wealth Management
Santa Ana,
California
| – | +$115 | +8 | New |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$432 | +30 | New |
|
61
Osaic Holdings
Scottsdale,
Arizona
| – | +$864 | +60 | New |
|
TA Hedge Fund Activity: Q1 2020 in Review
58 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q1 2020, worth a combined $27.6M — down 39% from $45.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TA positions and 6 closed out — a net gain of 8 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.44M. The largest seller was Ameritas Investment Partners, exiting entirely with an estimated $1.03M sold.
- 58 institutional investors held TravelCenters of America LLC (TA) as of Q1 2020, up from 52 in Q4 2019.
- Funds reported $27.6M of TravelCenters of America LLC stock for Q1 2020, down 39% quarter-over-quarter.
- 14 funds opened new TravelCenters of America LLC positions in Q1 2020 and 6 closed out, a net change of +8 holders.
- The largest TravelCenters of America LLC buyer in Q1 2020 was Goldman Sachs, an estimated $1.44M added.
- The largest TravelCenters of America LLC seller in Q1 2020 was Ameritas Investment Partners, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2020.