Travelzoo
TZOO
43 hedge funds and large institutions have $20.3M invested in Travelzoo in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 17 closing their positions.
28% more call options, than puts
Call options by funds: $774K | Put options by funds: $603K
8% more capital invested
Capital invested by funds: $18.8M → $20.3M (+$1.5M)
1.56% less ownership
Funds ownership: 29.55% → 27.99% (-1.6%)
17% less funds holding
Funds holding: 52 → 43 (-9)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
55% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$807K |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$526K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$276K |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$219K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$422K |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$373K |
| 3 |
Goldman Sachs
New York
|
-$249K |
| 4 |
Millennium Management
New York
|
-$237K |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$71K | -12,500 | Closed |
|
52
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$64K | -11,288 | Closed |
|
|
RA
53
Royce & Associates
New York
| – | -$15K | -2,656 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$8K | -1,505 | Closed |
|
|
PCM
55
Prelude Capital Management
New York
| – | -$4K | -780 | Closed |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -268 | Closed |
|
57
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -266 | Closed |
|
58
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -164 | Closed |
|
59
Wells Fargo
San Francisco,
California
| – | -$596 | -89 | -68% |
|
TZOO Hedge Fund Activity: Q3 2020 in Review
43 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q3 2020, worth a combined $20.3M — up 8% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TZOO and 8 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 9 added.
The largest buyer was Russell Investments Group, adding an estimated $807K. The largest seller was Bridgeway Capital Management, cutting an estimated $422K.
- 43 institutional investors held Travelzoo (TZOO) as of Q3 2020, down from 52 in Q2 2020.
- Funds reported $20.3M of Travelzoo stock for Q3 2020, up 8% quarter-over-quarter.
- 8 funds opened new Travelzoo positions in Q3 2020 and 17 closed out, a net change of -9 holders.
- The largest Travelzoo buyer in Q3 2020 was Russell Investments Group, an estimated $807K added.
- The largest Travelzoo seller in Q3 2020 was Bridgeway Capital Management, an estimated $422K sold.
Based on aggregated 13F filings for Q3 2020.