TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
125 hedge funds and large institutions have $346M invested in TravelCenters of America LLC in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 29 reducing their positions, and 26 closing their positions.
252% more call options, than puts
Call options by funds: $2.26M | Put options by funds: $641K
69% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 29
0.16% less ownership
Funds ownership: 67.71% → 67.55% (-0.16%)
7% less funds holding
Funds holding: 134 → 125 (-9)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
20% less capital invested
Capital invested by funds: $431M → $346M (-$85.3M)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.1M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$2.26M |
| 3 |
AE
AMH Equity
Great Neck,
New York
|
+$2.03M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$1.84M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SCW Capital Management
Dallas,
Texas
|
-$5.66M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.51M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$4.57M |
| 4 |
ACG
Aventail Capital Group
New York
|
-$3.93M |
| 5 |
Goldman Sachs
New York
|
-$3.13M |
TA Hedge Fund Activity: Q2 2022 in Review
125 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q2 2022, worth a combined $346M — down 20% from $431M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TA and 20 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 49 added.
The largest buyer was Deutsche Bank, adding an estimated $3.1M. The largest seller was SCW Capital Management, exiting entirely with an estimated $5.66M sold.
- 125 institutional investors held TravelCenters of America LLC (TA) as of Q2 2022, down from 134 in Q1 2022.
- Funds reported $346M of TravelCenters of America LLC stock for Q2 2022, down 20% quarter-over-quarter.
- 20 funds opened new TravelCenters of America LLC positions in Q2 2022 and 26 closed out, a net change of -6 holders.
- The largest TravelCenters of America LLC buyer in Q2 2022 was Deutsche Bank, an estimated $3.1M added.
- The largest TravelCenters of America LLC seller in Q2 2022 was SCW Capital Management, an estimated $5.66M sold.
Based on aggregated 13F filings for Q2 2022.