TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
90 hedge funds and large institutions have $147M invested in TravelCenters of America LLC in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 15 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
35% more call options, than puts
Call options by funds: $2.09M | Put options by funds: $1.54M
5% more capital invested
Capital invested by funds: $140M → $147M (+$6.98M)
3.08% less ownership
Funds ownership: 47.07% → 43.99% (-3.1%)
3% less funds holding
Funds holding: 93 → 90 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$12M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.33M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$936K |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$867K |
| 5 |
Renaissance Technologies
New York
|
+$860K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.11M |
| 2 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$3.88M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.56M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.2M |
| 5 |
Morgan Stanley
New York
|
-$1.03M |
TA Hedge Fund Activity: Q2 2014 in Review
90 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q2 2014, worth a combined $147M — up 5% from $140M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TA and 13 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 31 added.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $12M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $5.11M sold.
- 90 institutional investors held TravelCenters of America LLC (TA) as of Q2 2014, down from 93 in Q1 2014.
- Funds reported $147M of TravelCenters of America LLC stock for Q2 2014, up 5% quarter-over-quarter.
- 13 funds opened new TravelCenters of America LLC positions in Q2 2014 and 15 closed out, a net change of -2 holders.
- The largest TravelCenters of America LLC buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $12M added.
- The largest TravelCenters of America LLC seller in Q2 2014 was Eagle Asset Management, an estimated $5.11M sold.
Based on aggregated 13F filings for Q2 2014.