Travelzoo
TZOO
62 hedge funds and large institutions have $16.6M invested in Travelzoo in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
13% more funds holding
Funds holding: 55 → 62 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
1.47% less ownership
Funds ownership: 38.37% → 36.9% (-1.5%)
32% less call options, than puts
Call options by funds: $301K | Put options by funds: $442K
65% less capital invested
Capital invested by funds: $48M → $16.6M (-$31.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$639K |
| 2 |
2L
22NW LP
Seattle,
Washington
|
+$630K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$448K |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$385K |
| 5 |
Millennium Management
New York
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$3.05M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$762K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$615K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$444K |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$371K |
TZOO Hedge Fund Activity: Q1 2020 in Review
62 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q1 2020, worth a combined $16.6M — down 65% from $48M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TZOO positions and 7 closed out — a net gain of 7 holders — while 19 added to existing stakes and 21 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $639K. The largest seller was Osmium Partners, cutting an estimated $3.05M.
- 62 institutional investors held Travelzoo (TZOO) as of Q1 2020, up from 55 in Q4 2019.
- Funds reported $16.6M of Travelzoo stock for Q1 2020, down 65% quarter-over-quarter.
- 14 funds opened new Travelzoo positions in Q1 2020 and 7 closed out, a net change of +7 holders.
- The largest Travelzoo buyer in Q1 2020 was Renaissance Technologies, an estimated $639K added.
- The largest Travelzoo seller in Q1 2020 was Osmium Partners, an estimated $3.05M sold.
Based on aggregated 13F filings for Q1 2020.