TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
93 hedge funds and large institutions have $103M invested in TravelCenters of America LLC in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 15 closing their positions.
22% more call options, than puts
Call options by funds: $270K | Put options by funds: $221K
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
7% less funds holding
Funds holding: 100 → 93 (-7)
11% less capital invested
Capital invested by funds: $117M → $103M (-$13.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.76M |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$1.49M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$1.37M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.17M |
| 5 |
Goldman Sachs
New York
|
+$972K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.01M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$705K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$563K |
| 4 |
AIP
ARS Investment Partners
New York
|
-$521K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$502K |
TA Hedge Fund Activity: Q1 2017 in Review
93 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q1 2017, worth a combined $103M — down 11% from $117M a quarter earlier.
Fund positioning in TA was balanced in Q1 2017: 15 funds opened new positions, 15 closed out, 30 added to existing stakes and 27 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $2.76M. The largest seller was Millennium Management, cutting an estimated $1.01M.
- 93 institutional investors held TravelCenters of America LLC (TA) as of Q1 2017, down from 100 in Q4 2016.
- Funds reported $103M of TravelCenters of America LLC stock for Q1 2017, down 11% quarter-over-quarter.
- 15 funds opened new TravelCenters of America LLC positions in Q1 2017 and 15 closed out, a net change of 0 holders.
- The largest TravelCenters of America LLC buyer in Q1 2017 was Bridgeway Capital Management, an estimated $2.76M added.
- The largest TravelCenters of America LLC seller in Q1 2017 was Millennium Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2017.