Travelzoo
TZOO
57 hedge funds and large institutions have $46.6M invested in Travelzoo in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
28% more call options, than puts
Call options by funds: $697K | Put options by funds: $545K
0.13% more ownership
Funds ownership: 31.9% → 32.03% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 62 → 57 (-5)
31% less capital invested
Capital invested by funds: $68M → $46.6M (-$21.4M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$1.51M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$922K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$816K |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$741K |
| 5 |
State Street
Boston,
Massachusetts
|
+$668K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$2.98M |
| 2 |
OP
Osmium Partners
Greenbrae,
California
|
-$2.08M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$910K |
| 4 |
MC
Menta Capital
San Francisco,
California
|
-$518K |
| 5 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$446K |
TZOO Hedge Fund Activity: Q3 2018 in Review
57 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q3 2018, worth a combined $46.6M — down 31% from $68M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TZOO and 7 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Charles Schwab, opening a new position worth an estimated $1.51M. The largest seller was Caption Management, exiting entirely with an estimated $2.98M sold.
- 57 institutional investors held Travelzoo (TZOO) as of Q3 2018, down from 62 in Q2 2018.
- Funds reported $46.6M of Travelzoo stock for Q3 2018, down 31% quarter-over-quarter.
- 7 funds opened new Travelzoo positions in Q3 2018 and 11 closed out, a net change of -4 holders.
- The largest Travelzoo buyer in Q3 2018 was Charles Schwab, an estimated $1.51M added.
- The largest Travelzoo seller in Q3 2018 was Caption Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2018.