Travelzoo
TZOO
51 hedge funds and large institutions have $43.5M invested in Travelzoo in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 11 closing their positions.
63% more capital invested
Capital invested by funds: $26.7M → $43.5M (+$16.9M)
61% more call options, than puts
Call options by funds: $4.54M | Put options by funds: $2.81M
2% more funds holding
Funds holding: 50 → 51 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.28M |
| 2 |
Renaissance Technologies
New York
|
+$953K |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$410K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$401K |
| 5 |
Two Sigma Investments
New York
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$1.61M |
| 2 |
Morgan Stanley
New York
|
-$487K |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$457K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$356K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $1K | +$1.34K | +120 | New |
|
|
52
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$457K | -56,938 | Closed |
|
|
PP
53
Paloma Partners
Greenwich,
Connecticut
| – | -$221K | -27,541 | Closed |
|
|
CS
54
Credit Suisse
Zurich,
Switzerland
| – | -$212K | -26,464 | Closed |
|
55
Charles Schwab
San Francisco,
California
| – | -$141K | -17,469 | Closed |
|
56
Axa
Paris,
France
| – | -$111K | -13,888 | Closed |
|
|
BIP
57
Brandes Investment Partners
La Jolla,
California
| – | -$91K | -11,308 | Closed |
|
|
SO
58
STRS Ohio
Columbus,
Ohio
| – | -$27K | -3,383 | Closed |
|
|
FANJ
59
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$12K | -1,500 | Closed |
|
60
Simplex Trading
Chicago,
Illinois
| – | -$1.43K | -128 | Closed |
|
61
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -123 | Closed |
|
|
WA
62
WFG Advisors
Dallas,
Texas
| – | -$1K | -100 | Closed |
|
TZOO Hedge Fund Activity: Q3 2016 in Review
51 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q3 2016, worth a combined $43.5M — up 63% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TZOO positions and 11 closed out — a net gain of 1 holder — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.28M. The largest seller was Osmium Partners, cutting an estimated $1.61M.
- 51 institutional investors held Travelzoo (TZOO) as of Q3 2016, up from 50 in Q2 2016.
- Funds reported $43.5M of Travelzoo stock for Q3 2016, up 63% quarter-over-quarter.
- 12 funds opened new Travelzoo positions in Q3 2016 and 11 closed out, a net change of +1 holder.
- The largest Travelzoo buyer in Q3 2016 was Susquehanna International Group, an estimated $2.28M added.
- The largest Travelzoo seller in Q3 2016 was Osmium Partners, an estimated $1.61M sold.
Based on aggregated 13F filings for Q3 2016.