TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
86 hedge funds and large institutions have $53.5M invested in TravelCenters of America LLC in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 12 closing their positions.
298% more call options, than puts
Call options by funds: $219K | Put options by funds: $55K
4% less funds holding
Funds holding: 90 → 86 (-4)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
36% less capital invested
Capital invested by funds: $84.3M → $53.5M (-$30.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$771K |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$727K |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$344K |
| 4 |
Squarepoint
New York
|
+$286K |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$1.14M |
| 2 |
JP Morgan Chase
New York
|
-$868K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$677K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$466K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$371K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GPCM
76
Granite Point Capital Management
Boston,
Massachusetts
| – | -$1.14M | -40,000 | Closed |
|
77
Citadel Advisors
Miami,
Florida
| – | -$126K | -5,676 | Closed |
|
78
Goldman Sachs
New York
| – | -$144K | -5,051 | Closed |
|
|
SCP
79
Silverleafe Capital Partners
Germantown,
Tennessee
| – | -$143K | -5,000 | Closed |
|
80
Walleye Trading
New York
| – | -$130K | -4,574 | Closed |
|
|
RJA
81
Raymond James & Associates
St Petersburg,
Florida
| – | -$94K | -3,305 | Closed |
|
|
TSS
82
Two Sigma Securities
New York
| – | -$86K | -3,035 | Closed |
|
83
Simplex Trading
Chicago,
Illinois
| – | -$66.5K | -2,995 | Closed |
|
|
WAP
84
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$39.9K | -1,800 | -100% |
|
|
PI
85
PEAK6 Investments
Chicago,
Illinois
| – | -$28K | -978 | Closed |
|
|
PCM
86
Prelude Capital Management
New York
| – | -$11K | -400 | Closed |
|
|
JFA
87
JNBA Financial Advisors
Bloomington,
Minnesota
| – | +$133 | +6 | New |
|
|
BAM
88
Bruderman Asset Management
Locust Valley,
New York
| – | +$200 | +9 | New |
|
|
HR
89
Howe & Rusling
Rochester,
New York
| – | +$444 | +20 | New |
|
TA Hedge Fund Activity: Q4 2018 in Review
86 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q4 2018, worth a combined $53.5M — down 36% from $84.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TA and 9 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 23 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $771K. The largest seller was Granite Point Capital Management, exiting entirely with an estimated $1.14M sold.
- 86 institutional investors held TravelCenters of America LLC (TA) as of Q4 2018, down from 90 in Q3 2018.
- Funds reported $53.5M of TravelCenters of America LLC stock for Q4 2018, down 36% quarter-over-quarter.
- 9 funds opened new TravelCenters of America LLC positions in Q4 2018 and 12 closed out, a net change of -3 holders.
- The largest TravelCenters of America LLC buyer in Q4 2018 was Dimensional Fund Advisors, an estimated $771K added.
- The largest TravelCenters of America LLC seller in Q4 2018 was Granite Point Capital Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2018.