Travelzoo
TZOO
53 hedge funds and large institutions have $32.5M invested in Travelzoo in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 6 closing their positions.
53% more call options, than puts
Call options by funds: $3.07M | Put options by funds: $2.01M
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
25.02% more ownership
Funds ownership: 0% → 25.02% (+25%)
4% more funds holding
Funds holding: 51 → 53 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less capital invested
Capital invested by funds: $43.5M → $32.5M (-$11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$576K |
| 2 |
Axa
Paris,
France
|
+$511K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$319K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$281K |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$1.27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$434K |
| 3 |
Morgan Stanley
New York
|
-$296K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$216K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $1K | -$577 | -52 | -34% |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| $1K | – | – | – |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
|
TC
54
TFS Capital
West Chester,
Pennsylvania
| – | -$210K | -16,336 | Closed |
|
|
VKH
55
Virtu KCG Holdings
New York
| – | -$176K | -13,750 | Closed |
|
56
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$141K | -11,000 | Closed |
|
|
PG
57
PEAK6 Group
Chicago,
Illinois
| – | -$50K | -3,890 | Closed |
|
|
AIM
58
Acrospire Investment Management
Chicago,
Illinois
| – | -$41K | -3,176 | Closed |
|
59
Barclays
London,
United Kingdom
| – | -$12K | -908 | Closed |
|
TZOO Hedge Fund Activity: Q4 2016 in Review
53 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q4 2016, worth a combined $32.5M — down 25% from $43.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TZOO positions and 6 closed out — a net gain of 2 holders — while 23 added to existing stakes and 18 trimmed.
The largest buyer was Cornercap Investment Counsel, opening a new position worth an estimated $576K. The largest seller was Osmium Partners, cutting an estimated $1.27M.
- 53 institutional investors held Travelzoo (TZOO) as of Q4 2016, up from 51 in Q3 2016.
- Funds reported $32.5M of Travelzoo stock for Q4 2016, down 25% quarter-over-quarter.
- 8 funds opened new Travelzoo positions in Q4 2016 and 6 closed out, a net change of +2 holders.
- The largest Travelzoo buyer in Q4 2016 was Cornercap Investment Counsel, an estimated $576K added.
- The largest Travelzoo seller in Q4 2016 was Osmium Partners, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2016.