TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
86 hedge funds and large institutions have $264M invested in TravelCenters of America LLC in 2020 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 17 increasing their positions, 25 reducing their positions, and 7 closing their positions.
1,002% more call options, than puts
Call options by funds: $3.72M | Put options by funds: $338K
400% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
93% more capital invested
Capital invested by funds: $137M → $264M (+$127M)
46% more funds holding
Funds holding: 59 → 86 (+27)
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$15.3M |
| 2 |
Goldman Sachs
New York
|
+$7.03M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$4.48M |
| 4 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
+$2.95M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.22M |
| 2 |
Renaissance Technologies
New York
|
-$2.7M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$2.33M |
| 4 |
BBA
Braun-Bostich & Associates
Canonsburg,
Pennsylvania
|
-$2.05M |
| 5 |
SCM
SCW Capital Management
Dallas,
Texas
|
-$1.41M |
TA Hedge Fund Activity: Q4 2020 in Review
86 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q4 2020, worth a combined $264M — up 93% from $137M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TA positions and 7 closed out — a net gain of 28 holders — while 17 added to existing stakes and 25 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $15.3M. The largest seller was Millennium Management, cutting an estimated $3.22M.
- 86 institutional investors held TravelCenters of America LLC (TA) as of Q4 2020, up from 59 in Q3 2020.
- Funds reported $264M of TravelCenters of America LLC stock for Q4 2020, up 93% quarter-over-quarter.
- 35 funds opened new TravelCenters of America LLC positions in Q4 2020 and 7 closed out, a net change of +28 holders.
- The largest TravelCenters of America LLC buyer in Q4 2020 was Portolan Capital Management, an estimated $15.3M added.
- The largest TravelCenters of America LLC seller in Q4 2020 was Millennium Management, an estimated $3.22M sold.
Based on aggregated 13F filings for Q4 2020.