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Travelzoo

64 hedge funds and large institutions have $38.2M invested in Travelzoo in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less funds holding

Funds holding: 6964 (-5)

10% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 20

20% less call options, than puts

Call options by funds: $266K | Put options by funds: $331K

27% less capital invested

Capital invested by funds: $52.4M → $38.2M (-$14.3M)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
64
Holders Change
-5
Holders Change %
-7.25%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
18
Reduced
20
Closed
13
Calls
$266K
Puts
$331K
Net Calls
-$65K
Net Calls Change
-$212K
Name Holding Trade Value Shares
Change
Change in
Stake
OP
1
Osmium Partners
California
$8.04M +$1.43M +144,452 +21%
BIT
2
BlackRock Institutional Trust
California
$5.7M +$130K +13,113 +2%
FIMG
3
Financial & Investment Management Group
Michigan
$2.64M +$2.72M +273,579 New
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.22M -$40.1K -4,036 -2%
BFA
5
BlackRock Fund Advisors
California
$2.02M +$57.4K +5,781 +3%
MC
6
Menta Capital
California
$1.69M +$290K +29,200 +20%
BA
7
BlackRock Advisors
Delaware
$1.31M +$4.16K +419 +0.3%
State Street
8
State Street
Massachusetts
$1.15M +$28.8K +2,900 +3%
ETM
9
Euclidean Technologies Management
Washington
$1.12M +$1.15M +115,870 New
Renaissance Technologies
10
Renaissance Technologies
New York
$1M +$382K +38,500 +59%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$952K
Northern Trust
12
Northern Trust
Illinois
$932K -$22.8K -2,296 -2%
California Public Employees Retirement System
13
California Public Employees Retirement System
California
$898K
PG
14
PEAK6 Group
Illinois
$747K +$769K +77,466 New
Barrow, Hanley, Mewhinney & Strauss
15
Barrow, Hanley, Mewhinney & Strauss
Texas
$655K +$674K +67,934 New
PP
16
PDT Partners
New York
$589K +$56.3K +5,667 +10%
Mitsubishi UFJ Asset Management
17
Mitsubishi UFJ Asset Management
Japan
$546K +$143K +14,400 +34%
TCIM
18
TIAA CREF Investment Management
New York
$476K
Bank of New York Mellon
19
Bank of New York Mellon
New York
$475K -$19.7K -1,980 -4%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$460K +$8.95K +901 +2%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$326K +$119K +12,000 +55%
BCM
22
Bridgeway Capital Management
Texas
$313K +$323K +32,500 New
NCCM
23
Nine Chapters Capital Management
New Jersey
$304K +$195K +19,600 +165%
KAM
24
Kazazian Asset Management
Florida
$281K -$296K -29,847 -51%
TC
25
TFS Capital
Pennsylvania
$246K +$90.3K +9,099 +55%

TZOO Hedge Fund Activity: Q1 2015 in Review

64 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q1 2015, worth a combined $38.2M — down 27% from $52.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TZOO and 8 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 18 added.

The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $2.72M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $6.95M sold.

  • 64 institutional investors held Travelzoo (TZOO) as of Q1 2015, down from 69 in Q4 2014.
  • Funds reported $38.2M of Travelzoo stock for Q1 2015, down 27% quarter-over-quarter.
  • 8 funds opened new Travelzoo positions in Q1 2015 and 13 closed out, a net change of -5 holders.
  • The largest Travelzoo buyer in Q1 2015 was Financial & Investment Management Group, an estimated $2.72M added.
  • The largest Travelzoo seller in Q1 2015 was Epoch Investment Partners, an estimated $6.95M sold.

Based on aggregated 13F filings for Q1 2015.