TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
82 hedge funds and large institutions have $237M invested in TravelCenters of America LLC in 2021 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 20 closing their positions.
210% more call options, than puts
Call options by funds: $3.42M | Put options by funds: $1.1M
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
16% more capital invested
Capital invested by funds: $204M → $237M (+$33.2M)
4.09% more ownership
Funds ownership: 51.6% → 55.7% (+4.1%)
5% less funds holding
Funds holding: 86 → 82 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.97M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.96M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.57M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.25M |
| 2 |
Renaissance Technologies
New York
|
-$3.77M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.33M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.03M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.01M |
TA Hedge Fund Activity: Q2 2021 in Review
82 of the 5,768 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q2 2021, worth a combined $237M — up 16% from $204M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TA and 16 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was BlackRock, adding an estimated $15.4M. The largest seller was Millennium Management, exiting entirely with an estimated $6.25M sold.
- 82 institutional investors held TravelCenters of America LLC (TA) as of Q2 2021, down from 86 in Q1 2021.
- Funds reported $237M of TravelCenters of America LLC stock for Q2 2021, up 16% quarter-over-quarter.
- 16 funds opened new TravelCenters of America LLC positions in Q2 2021 and 20 closed out, a net change of -4 holders.
- The largest TravelCenters of America LLC buyer in Q2 2021 was BlackRock, an estimated $15.4M added.
- The largest TravelCenters of America LLC seller in Q2 2021 was Millennium Management, an estimated $6.25M sold.
Based on aggregated 13F filings for Q2 2021.