Travelzoo
TZOO
72 hedge funds and large institutions have $86.1M invested in Travelzoo in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
3% more funds holding
Funds holding: 70 → 72 (+2)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
29% less capital invested
Capital invested by funds: $121M → $86.1M (-$35.4M)
70% less call options, than puts
Call options by funds: $381K | Put options by funds: $1.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
+$2.11M |
| 2 |
DP
Delta Partners
Boston,
Massachusetts
|
+$2.08M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.5M |
| 4 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$789K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$783K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
-$22.7M |
| 2 |
Renaissance Technologies
New York
|
-$1.73M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.17M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$752K |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$707K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AQR Capital Management
Greenwich,
Connecticut
| – | -$566K | -24,711 | Closed |
|
77
Arrowstreet Capital
Boston,
Massachusetts
| – | -$372K | -16,244 | Closed |
|
78
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$399K | -15,800 | Closed |
|
|
ST
79
Spot Trading
Chicago,
Illinois
| – | -$325K | -14,198 | Closed |
|
80
Two Sigma Investments
New York
| – | -$306K | -13,358 | Closed |
|
|
NCCM
81
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$236K | -10,300 | Closed |
|
82
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$234K | -10,210 | Closed |
|
|
CCMH
83
Cornerstone Capital Management Holdings
New York
| – | -$60K | -2,600 | Closed |
|
84
Walleye Trading
New York
| – | -$7.79K | -408 | Closed |
|
85
BlackRock
New York
| – | -$5K | -235 | Closed |
|
TZOO Hedge Fund Activity: Q2 2014 in Review
72 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q2 2014, worth a combined $86.1M — down 29% from $121M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TZOO positions and 13 closed out — a net gain of 2 holders — while 27 added to existing stakes and 25 trimmed.
The largest buyer was Osmium Partners, adding an estimated $2.11M. The largest seller was Bares Capital Management, exiting entirely with an estimated $22.7M sold.
- 72 institutional investors held Travelzoo (TZOO) as of Q2 2014, up from 70 in Q1 2014.
- Funds reported $86.1M of Travelzoo stock for Q2 2014, down 29% quarter-over-quarter.
- 15 funds opened new Travelzoo positions in Q2 2014 and 13 closed out, a net change of +2 holders.
- The largest Travelzoo buyer in Q2 2014 was Osmium Partners, an estimated $2.11M added.
- The largest Travelzoo seller in Q2 2014 was Bares Capital Management, an estimated $22.7M sold.
Based on aggregated 13F filings for Q2 2014.