TravelCenters of America LLC
TA was delisted on the 12th of May, 2023.
156 hedge funds and large institutions have $584M invested in TravelCenters of America LLC in 2022 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 19 closing their positions.
168% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 19
104% more call options, than puts
Call options by funds: $11M | Put options by funds: $5.39M
100% more funds holding in top 10
Funds holding in top 10: 6 → 12 (+6)
69% more capital invested
Capital invested by funds: $346M → $584M (+$238M)
29% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 35
25% more funds holding
Funds holding: 125 → 156 (+31)
5.28% more ownership
Funds ownership: 67.55% → 72.83% (+5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$14.9M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$8.76M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.22M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.08M |
| 5 |
AE
AMH Equity
Great Neck,
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.63M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$8.73M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$7.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.7M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.43M |
TA Hedge Fund Activity: Q3 2022 in Review
156 of the 5,829 institutional investors tracked by Wall St. Rank reported a position in TravelCenters of America LLC (TA) for Q3 2022, worth a combined $584M — up 69% from $346M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new TA positions and 19 closed out — a net gain of 32 holders — while 45 added to existing stakes and 35 trimmed.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $14.9M. The largest seller was Goldman Sachs, cutting an estimated $9.63M.
- 156 institutional investors held TravelCenters of America LLC (TA) as of Q3 2022, up from 125 in Q2 2022.
- Funds reported $584M of TravelCenters of America LLC stock for Q3 2022, up 69% quarter-over-quarter.
- 51 funds opened new TravelCenters of America LLC positions in Q3 2022 and 19 closed out, a net change of +32 holders.
- The largest TravelCenters of America LLC buyer in Q3 2022 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $14.9M added.
- The largest TravelCenters of America LLC seller in Q3 2022 was Goldman Sachs, an estimated $9.63M sold.
Based on aggregated 13F filings for Q3 2022.