Travelzoo
TZOO
51 hedge funds and large institutions have $30.5M invested in Travelzoo in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 14 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
1% more call options, than puts
Call options by funds: $143K | Put options by funds: $142K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $32.6M → $30.5M (-$2.11M)
18% less funds holding
Funds holding: 62 → 51 (-11)
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.18M |
| 2 |
OP
Osmium Partners
Greenbrae,
California
|
+$409K |
| 3 |
Renaissance Technologies
New York
|
+$233K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$169K |
| 5 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$649K |
| 2 |
Morgan Stanley
New York
|
-$623K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$513K |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$239K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Geode Capital Management
Boston,
Massachusetts
| $417 | -$389 | -50 | -0.1% |
|
|
SKK
52
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$205K | -24,521 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$191K | -22,849 | Closed |
|
54
Acadian Asset Management
Boston,
Massachusetts
| – | -$111K | -13,297 | Closed |
|
|
PP
55
PDT Partners
New York
| – | -$104K | -12,405 | Closed |
|
56
Walleye Trading
New York
| – | -$51K | -6,100 | Closed |
|
57
Citadel Advisors
Miami,
Florida
| – | -$49K | -5,811 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$38K | -4,592 | Closed |
|
59
UBS Group
Zurich,
Switzerland
| – | -$36K | -4,357 | Closed |
|
|
CCMH
60
Cornerstone Capital Management Holdings
New York
| – | -$32K | -3,800 | Closed |
|
61
BNP Paribas Financial Markets
Paris,
France
| – | -$10.9K | -1,298 | Closed |
|
62
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -791 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$2K | -225 | Closed |
|
64
Creative Planning
Overland Park,
Kansas
| – | -$1K | -100 | Closed |
|
TZOO Hedge Fund Activity: Q1 2016 in Review
51 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q1 2016, worth a combined $30.5M — down 6.5% from $32.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TZOO and 3 opened new positions — a net loss of 11 holders — while 17 trimmed existing stakes and 20 added.
The largest buyer was Vanguard Group, adding an estimated $1.18M. The largest seller was Millennium Management, cutting an estimated $649K.
- 51 institutional investors held Travelzoo (TZOO) as of Q1 2016, down from 62 in Q4 2015.
- Funds reported $30.5M of Travelzoo stock for Q1 2016, down 6.5% quarter-over-quarter.
- 3 funds opened new Travelzoo positions in Q1 2016 and 14 closed out, a net change of -11 holders.
- The largest Travelzoo buyer in Q1 2016 was Vanguard Group, an estimated $1.18M added.
- The largest Travelzoo seller in Q1 2016 was Millennium Management, an estimated $649K sold.
Based on aggregated 13F filings for Q1 2016.