TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
54 hedge funds and large institutions have $58.7M invested in TravelCenters of America LLC in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 13 closing their positions.
113% more capital invested
Capital invested by funds: $27.6M → $58.7M (+$31.2M)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 58 → 54 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
78% less call options, than puts
Call options by funds: $519K | Put options by funds: $2.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
+$5.09M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.5M |
| 3 |
BlackRock
New York
|
+$1.6M |
| 4 |
Goldman Sachs
New York
|
+$1.36M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Proxima Capital Management
New York
|
-$741K |
| 2 |
JP Morgan Chase
New York
|
-$622K |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$318K |
| 4 |
Millennium Management
New York
|
-$311K |
| 5 |
Squarepoint
New York
|
-$229K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
51
Dynamic Technology Lab
Singapore
| – | -$228K | -23,287 | Closed |
|
52
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$136K | -13,962 | Closed |
|
|
CM
53
Caption Management
Oklahoma City,
Oklahoma
| – | -$131K | -13,327 | Closed |
|
54
Parallax Volatility Advisers
San Francisco,
California
| – | -$121K | -12,392 | Closed |
|
55
Victory Capital Management
San Antonio,
Texas
| – | -$26K | -2,648 | Closed |
|
56
Group One Trading
Chicago,
Illinois
| – | -$25.4K | -2,000 | Closed |
|
|
CG
57
Cutler Group
San Francisco,
California
| – | -$7K | -718 | Closed |
|
|
WAP
58
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$5K | -500 | Closed |
|
59
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -74 | Closed |
|
|
PAG
60
Private Advisor Group
Morristown,
New Jersey
| – | +$13 | +1 | New |
|
61
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$25 | +2 | New |
|
62
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$636 | +50 | +263% |
|
TA Hedge Fund Activity: Q2 2020 in Review
54 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q2 2020, worth a combined $58.7M — up 113% from $27.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TA and 11 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Stone House Capital Management, opening a new position worth an estimated $5.09M. The largest seller was Proxima Capital Management, cutting an estimated $741K.
- 54 institutional investors held TravelCenters of America LLC (TA) as of Q2 2020, down from 58 in Q1 2020.
- Funds reported $58.7M of TravelCenters of America LLC stock for Q2 2020, up 113% quarter-over-quarter.
- 11 funds opened new TravelCenters of America LLC positions in Q2 2020 and 13 closed out, a net change of -2 holders.
- The largest TravelCenters of America LLC buyer in Q2 2020 was Stone House Capital Management, an estimated $5.09M added.
- The largest TravelCenters of America LLC seller in Q2 2020 was Proxima Capital Management, an estimated $741K sold.
Based on aggregated 13F filings for Q2 2020.