TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
86 hedge funds and large institutions have $204M invested in TravelCenters of America LLC in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 20 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
0% more funds holding
Funds holding: 86 → 86 (0)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
23% less capital invested
Capital invested by funds: $264M → $204M (-$60.1M)
29% less call options, than puts
Call options by funds: $3.12M | Put options by funds: $4.43M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.79M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.43M |
| 3 |
Goldman Sachs
New York
|
+$4.36M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.03M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
-$13M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$4.96M |
| 3 |
SCM
SCW Capital Management
Dallas,
Texas
|
-$4.54M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.15M |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$3.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWA
101
Dorsey Wright & Associates
Pasadena,
California
| – | -$16K | -480 | Closed |
|
102
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$5K | -146 | Closed |
|
103
Fidelity Investments
Boston,
Massachusetts
| – | +$116 | +4 | +200% |
|
|
WT
104
Whittier Trust
South Pasadena,
California
| – | +$290 | +10 | New |
|
105
Simplex Trading
Chicago,
Illinois
| – | +$18.5K | +638 | +32% |
|
TA Hedge Fund Activity: Q1 2021 in Review
86 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q1 2021, worth a combined $204M — down 23% from $264M a quarter earlier.
Fund positioning in TA was balanced in Q1 2021: 20 funds opened new positions, 20 closed out, 25 added to existing stakes and 24 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.79M. The largest seller was Stone House Capital Management, exiting entirely with an estimated $13M sold.
- 86 institutional investors held TravelCenters of America LLC (TA) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $204M of TravelCenters of America LLC stock for Q1 2021, down 23% quarter-over-quarter.
- 20 funds opened new TravelCenters of America LLC positions in Q1 2021 and 20 closed out, a net change of 0 holders.
- The largest TravelCenters of America LLC buyer in Q1 2021 was Millennium Management, an estimated $5.79M added.
- The largest TravelCenters of America LLC seller in Q1 2021 was Stone House Capital Management, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2021.