Travelzoo
TZOO
88 hedge funds and large institutions have $135M invested in Travelzoo in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 28 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
43% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 28
7% more funds holding
Funds holding: 82 → 88 (+6)
0% less capital invested
Capital invested by funds: $136M → $135M (-$676K)
43% less call options, than puts
Call options by funds: $2.63M | Put options by funds: $4.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.14M |
| 2 |
CCI
Columbus Circle Investors
|
+$2.29M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.37M |
| 4 |
OP
Osmium Partners
Greenbrae,
California
|
+$1.24M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.2M |
| 2 |
BlackRock
New York
|
-$1.82M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.59M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.57M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1M |
TZOO Hedge Fund Activity: Q3 2013 in Review
88 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q3 2013, worth a combined $135M — down 0.5% from $136M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TZOO positions and 9 closed out — a net gain of 6 holders — while 40 added to existing stakes and 28 trimmed.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $4.14M. The largest seller was BlackRock Institutional Trust, cutting an estimated $3.2M.
- 88 institutional investors held Travelzoo (TZOO) as of Q3 2013, up from 82 in Q2 2013.
- Funds reported $135M of Travelzoo stock for Q3 2013, down 0.5% quarter-over-quarter.
- 15 funds opened new Travelzoo positions in Q3 2013 and 9 closed out, a net change of +6 holders.
- The largest Travelzoo buyer in Q3 2013 was Principal Financial Group, an estimated $4.14M added.
- The largest Travelzoo seller in Q3 2013 was BlackRock Institutional Trust, an estimated $3.2M sold.
Based on aggregated 13F filings for Q3 2013.