TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
54 hedge funds and large institutions have $34.6M invested in TravelCenters of America LLC in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 30 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
32% less funds holding
Funds holding: 79 → 54 (-25)
36% less capital invested
Capital invested by funds: $53.8M → $34.6M (-$19.2M)
80% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.52M |
| 2 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
+$722K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$717K |
| 4 |
BlackRock
New York
|
+$442K |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$1.96M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$923K |
| 3 |
FPC
Falcon Point Capital
San Francisco,
California
|
-$552K |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$397K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$372K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| – | -$3K | -160 | Closed |
|
77
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$2K | -120 | Closed |
|
78
BNP Paribas Financial Markets
Paris,
France
| – | -$1.83K | -101 | Closed |
|
|
QT
79
Quantamental Technologies
White Plains,
New York
| – | -$2K | -100 | Closed |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$15 | -1 | -7% |
|
|
SCA
81
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$15 | -1 | -8% |
|
TA Hedge Fund Activity: Q3 2019 in Review
54 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q3 2019, worth a combined $34.6M — down 36% from $53.8M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TA and 6 opened new positions — a net loss of 24 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.52M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $1.96M.
- 54 institutional investors held TravelCenters of America LLC (TA) as of Q3 2019, down from 79 in Q2 2019.
- Funds reported $34.6M of TravelCenters of America LLC stock for Q3 2019, down 36% quarter-over-quarter.
- 6 funds opened new TravelCenters of America LLC positions in Q3 2019 and 30 closed out, a net change of -24 holders.
- The largest TravelCenters of America LLC buyer in Q3 2019 was Millennium Management, an estimated $1.52M added.
- The largest TravelCenters of America LLC seller in Q3 2019 was State of New Jersey Common Pension Fund D, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2019.