TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
77 hedge funds and large institutions have $46.7M invested in TravelCenters of America LLC in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 14 closing their positions.
4% more call options, than puts
Call options by funds: $111K | Put options by funds: $107K
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
6% less funds holding
Funds holding: 82 → 77 (-5)
15% less capital invested
Capital invested by funds: $54.6M → $46.7M (-$7.93M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$2.73M |
| 2 |
SAM
Southpaw Asset Management
Stamford,
Connecticut
|
+$1.87M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.47M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.09M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.48M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.44M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$1.26M |
| 4 |
FM
Forward Management
San Francisco,
California
|
-$1.03M |
| 5 |
Two Sigma Investments
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
76
Dynamic Technology Lab
Singapore
| – | -$112K | -5,463 | Closed |
|
77
Los Angeles Capital Management
Los Angeles,
California
| – | -$68K | -3,323 | Closed |
|
|
CSS
78
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$60K | -2,907 | Closed |
|
|
CM
79
Caption Management
Oklahoma City,
Oklahoma
| – | -$41K | -2,000 | Closed |
|
|
CG
80
Cutler Group
San Francisco,
California
| – | -$38.7K | -1,916 | Closed |
|
81
Simplex Trading
Chicago,
Illinois
| – | -$9.52K | -471 | Closed |
|
|
DCM
82
Delpha Capital Management
New York
| – | -$2K | -88 | Closed |
|
|
BFC
83
Bedel Financial Consulting
Indianapolis,
Indiana
| – | +$142 | +7 | New |
|
TA Hedge Fund Activity: Q1 2018 in Review
77 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q1 2018, worth a combined $46.7M — down 15% from $54.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TA and 9 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 22 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $2.73M. The largest seller was Millennium Management, cutting an estimated $2.48M.
- 77 institutional investors held TravelCenters of America LLC (TA) as of Q1 2018, down from 82 in Q4 2017.
- Funds reported $46.7M of TravelCenters of America LLC stock for Q1 2018, down 15% quarter-over-quarter.
- 9 funds opened new TravelCenters of America LLC positions in Q1 2018 and 14 closed out, a net change of -5 holders.
- The largest TravelCenters of America LLC buyer in Q1 2018 was Nantahala Capital Management, an estimated $2.73M added.
- The largest TravelCenters of America LLC seller in Q1 2018 was Millennium Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q1 2018.