Travelzoo
TZOO
69 hedge funds and large institutions have $52.4M invested in Travelzoo in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 13 closing their positions.
181% more call options, than puts
Call options by funds: $228K | Put options by funds: $81K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 73 → 69 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
21% less capital invested
Capital invested by funds: $66.3M → $52.4M (-$13.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$1.14M |
| 2 |
MC
Menta Capital
San Francisco,
California
|
+$1.02M |
| 3 |
OP
Osmium Partners
Greenbrae,
California
|
+$910K |
| 4 |
Millennium Management
New York
|
+$499K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.53M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.48M |
| 3 |
KCP
Kenmare Capital Partners
New York
|
-$824K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$548K |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$449K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Parallax Volatility Advisers
San Francisco,
California
| – | -$81.9K | -6,212 | Closed |
|
|
ST
77
Spot Trading
Chicago,
Illinois
| – | -$84K | -5,428 | Closed |
|
78
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$20K | -1,300 | Closed |
|
79
BNP Paribas Financial Markets
Paris,
France
| – | -$4.63K | -299 | Closed |
|
80
Teacher Retirement System of Texas
Austin,
Texas
| – | -$4K | -278 | Closed |
|
81
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -100 | Closed |
|
TZOO Hedge Fund Activity: Q4 2014 in Review
69 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q4 2014, worth a combined $52.4M — down 21% from $66.3M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TZOO and 11 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 21 added.
The largest buyer was California Public Employees Retirement System, adding an estimated $1.14M. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $1.53M sold.
- 69 institutional investors held Travelzoo (TZOO) as of Q4 2014, down from 73 in Q3 2014.
- Funds reported $52.4M of Travelzoo stock for Q4 2014, down 21% quarter-over-quarter.
- 11 funds opened new Travelzoo positions in Q4 2014 and 13 closed out, a net change of -2 holders.
- The largest Travelzoo buyer in Q4 2014 was California Public Employees Retirement System, an estimated $1.14M added.
- The largest Travelzoo seller in Q4 2014 was Financial & Investment Management Group, an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2014.