TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
120 hedge funds and large institutions have $364M invested in TravelCenters of America LLC in 2015 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 15 closing their positions.
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
36% more capital invested
Capital invested by funds: $267M → $364M (+$96.5M)
22% more funds holding
Funds holding: 98 → 120 (+22)
1% less call options, than puts
Call options by funds: $2.74M | Put options by funds: $2.78M
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.3M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$10.1M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$5.77M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$4.49M |
| 5 |
Millennium Management
New York
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$14.1M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$10.7M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$8.15M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.02M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
BNP Paribas Financial Markets
Paris,
France
| – | -$173K | -2,737 | Closed |
|
|
PTC
127
Petrus Trust Company
Dallas,
Texas
| – | -$151K | -2,398 | Closed |
|
128
Stifel Financial
St. Louis,
Missouri
| – | -$135K | -2,147 | Closed |
|
|
DC
129
Davenport & Co
Richmond,
Virginia
| – | -$126K | -2,003 | Closed |
|
|
NPC
130
National Planning Corporation
El Segundo,
California
| – | -$102K | -1,628 | Closed |
|
|
MA
131
MCF Advisors
Covington,
Kentucky
| – | -$24K | -375 | Closed |
|
|
AWM
132
Avior Wealth Management
Omaha,
Nebraska
| – | -$985 | -14 | -74% |
|
|
PFM
133
PacWest Financial Management
Phoenix,
Arizona
| – | +$563K | +8,000 | New |
|
TA Hedge Fund Activity: Q1 2015 in Review
120 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q1 2015, worth a combined $364M — up 36% from $267M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TA positions and 15 closed out — a net gain of 22 holders — while 26 added to existing stakes and 39 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $12.3M. The largest seller was Russell Frank Company, cutting an estimated $14.1M.
- 120 institutional investors held TravelCenters of America LLC (TA) as of Q1 2015, up from 98 in Q4 2014.
- Funds reported $364M of TravelCenters of America LLC stock for Q1 2015, up 36% quarter-over-quarter.
- 37 funds opened new TravelCenters of America LLC positions in Q1 2015 and 15 closed out, a net change of +22 holders.
- The largest TravelCenters of America LLC buyer in Q1 2015 was Acadian Asset Management, an estimated $12.3M added.
- The largest TravelCenters of America LLC seller in Q1 2015 was Russell Frank Company, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2015.