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Travelzoo

51 hedge funds and large institutions have $30.5M invested in Travelzoo in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 17

1% more call options, than puts

Call options by funds: $143K | Put options by funds: $142K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less capital invested

Capital invested by funds: $32.6M → $30.5M (-$2.11M)

18% less funds holding

Funds holding: 6251 (-11)

79% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 14

Holders
51
Holders Change
-11
Holders Change %
-17.74%
% of All Funds
1.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
20
Reduced
17
Closed
14
Calls
$143K
Puts
$142K
Net Calls
+$1K
Net Calls Change
-$72K
Name Holding Trade Value Shares
Change
Change in
Stake
OP
1
Osmium Partners
California
$4.99M +$409K +52,667 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.44M +$1.18M +151,871 +56%
BIT
3
BlackRock Institutional Trust
California
$2.5M -$11.7K -1,502 -0.5%
Renaissance Technologies
4
Renaissance Technologies
New York
$2.38M +$233K +30,000 +11%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$1.87M +$169K +21,732 +10%
BFA
6
BlackRock Fund Advisors
California
$1.46M -$78.9K -10,149 -5%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$1.1M +$93.2K +12,000 +10%
MC
8
Menta Capital
California
$1.09M +$10.1K +1,300 +1%
State Street
9
State Street
Massachusetts
$999K +$85.1K +10,958 +10%
Northern Trust
10
Northern Trust
Illinois
$921K +$21.8K +2,807 +3%
Morgan Stanley
11
Morgan Stanley
New York
$858K -$623K -80,151 -43%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$720K +$60.2K +7,749 +10%
ETM
13
Euclidean Technologies Management
Washington
$683K +$144K +18,502 +28%
GCP
14
GSA Capital Partners
United Kingdom
$682K -$55.7K -7,171 -8%
OAM
15
Oxford Asset Management
United Kingdom
$666K -$95.6K -12,299 -13%
Millennium Management
16
Millennium Management
New York
$637K -$649K -83,527 -52%
FIMG
17
Financial & Investment Management Group
Michigan
$574K -$102K -13,110 -16%
Barrow, Hanley, Mewhinney & Strauss
18
Barrow, Hanley, Mewhinney & Strauss
Texas
$554K -$239K -30,703 -31%
AIM
19
Alambic Investment Management
California
$507K +$102K +13,100 +27%
SIM
20
Spark Investment Management
New York
$463K
PG
21
PEAK6 Group
Illinois
$384K -$44.5K -5,727 -11%
TC
22
TFS Capital
Pennsylvania
$365K -$513K -66,010 -60%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$338K +$16.2K +2,081 +5%
EL
24
Elberon LLC
Texas
$325K
Two Sigma Advisers
25
Two Sigma Advisers
New York
$250K +$5.44K +700 +2%

TZOO Hedge Fund Activity: Q1 2016 in Review

51 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q1 2016, worth a combined $30.5M — down 6.5% from $32.6M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of TZOO and 3 opened new positions — a net loss of 11 holders — while 17 trimmed existing stakes and 20 added.

The largest buyer was Vanguard Group, adding an estimated $1.18M. The largest seller was Millennium Management, cutting an estimated $649K.

  • 51 institutional investors held Travelzoo (TZOO) as of Q1 2016, down from 62 in Q4 2015.
  • Funds reported $30.5M of Travelzoo stock for Q1 2016, down 6.5% quarter-over-quarter.
  • 3 funds opened new Travelzoo positions in Q1 2016 and 14 closed out, a net change of -11 holders.
  • The largest Travelzoo buyer in Q1 2016 was Vanguard Group, an estimated $1.18M added.
  • The largest Travelzoo seller in Q1 2016 was Millennium Management, an estimated $649K sold.

Based on aggregated 13F filings for Q1 2016.