Travelzoo
TZOO
48 hedge funds and large institutions have $35M invested in Travelzoo in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 7 closing their positions.
15,740% more call options, than puts
Call options by funds: $1.58M | Put options by funds: $10K
14% more capital invested
Capital invested by funds: $30.8M → $35M (+$4.22M)
0.58% more ownership
Funds ownership: 23.77% → 24.35% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 53 → 48 (-5)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
+$871K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$723K |
| 3 |
Millennium Management
New York
|
+$497K |
| 4 |
Renaissance Technologies
New York
|
+$378K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$513K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$484K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$358K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$321K |
| 5 |
Two Sigma Investments
New York
|
-$223K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
TFS Capital
West Chester,
Pennsylvania
| – | -$181K | -18,766 | Closed |
|
|
NCCM
52
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$151K | -15,600 | Closed |
|
|
CAM
53
ClariVest Asset Management
San Diego,
California
| – | -$111K | -11,470 | Closed |
|
|
PCM
54
Prelude Capital Management
New York
| – | -$69K | -7,168 | Closed |
|
55
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -202 | Closed |
|
TZOO Hedge Fund Activity: Q2 2017 in Review
48 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q2 2017, worth a combined $35M — up 14% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TZOO and 2 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 15 added.
The largest buyer was Osmium Partners, adding an estimated $871K. The largest seller was Cornercap Investment Counsel, exiting entirely with an estimated $513K sold.
- 48 institutional investors held Travelzoo (TZOO) as of Q2 2017, down from 53 in Q1 2017.
- Funds reported $35M of Travelzoo stock for Q2 2017, up 14% quarter-over-quarter.
- 2 funds opened new Travelzoo positions in Q2 2017 and 7 closed out, a net change of -5 holders.
- The largest Travelzoo buyer in Q2 2017 was Osmium Partners, an estimated $871K added.
- The largest Travelzoo seller in Q2 2017 was Cornercap Investment Counsel, an estimated $513K sold.
Based on aggregated 13F filings for Q2 2017.