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Travelzoo

56 hedge funds and large institutions have $37.3M invested in Travelzoo in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 20

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.76% less ownership

Funds ownership: 32.03%31.27% (-0.76%)

2% less funds holding

Funds holding: 5756 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

19% less call options, than puts

Call options by funds: $347K | Put options by funds: $429K

20% less capital invested

Capital invested by funds: $46.6M → $37.3M (-$9.33M)

Holders
56
Holders Change
-1
Holders Change %
-1.75%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
21
Reduced
20
Closed
9
Calls
$347K
Puts
$429K
Net Calls
-$82K
Net Calls Change
-$234K
Name Holding Trade Value Shares
Change
Change in
Stake
OP
1
Osmium Partners
California
$5.29M +$449K +47,788 +10%
Renaissance Technologies
2
Renaissance Technologies
New York
$5.12M -$193K -20,500 -4%
BlackRock
3
BlackRock
New York
$4.55M +$9.06K +965 +0.2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$3.8M +$28.3K +3,010 +0.8%
Vanguard Group
5
Vanguard Group
Pennsylvania
$2.04M -$629K -66,933 -24%
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$1.65M -$229K -24,382 -13%
AL
7
AJO LP
Pennsylvania
$1.46M +$20.9K +2,226 +2%
Charles Schwab
8
Charles Schwab
California
$1.04M
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$998K +$13.2K +1,400 +1%
Northern Trust
10
Northern Trust
Illinois
$953K +$15.2K +1,623 +2%
State Street
11
State Street
Massachusetts
$917K +$39.3K +4,182 +5%
AG
12
Algert Global
California
$855K -$380K -40,415 -32%
JP Morgan Chase
13
JP Morgan Chase
New York
$796K +$225K +23,964 +42%
Prudential Financial
14
Prudential Financial
New Jersey
$718K +$175K +18,595 +34%
BCM
15
Bridgeway Capital Management
Texas
$630K +$179K +19,100 +42%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$600K -$55.7K -5,925 -9%
Jacobs Levy Equity Management
17
Jacobs Levy Equity Management
New Jersey
$593K +$88K +9,371 +18%
GCP
18
GSA Capital Partners
United Kingdom
$528K +$80.8K +8,600 +19%
MSL
19
Mackay Shields LLC
New York
$475K +$48.8K +5,192 +12%
SO
20
STRS Ohio
Ohio
$462K +$151K +16,108 +52%
PI
21
PEAK6 Investments
Illinois
$417K -$56.6K -6,022 -12%
SEI Investments
22
SEI Investments
Pennsylvania
$317K
SIM
23
Spark Investment Management
New York
$311K -$242K -25,800 -45%
AIM
24
Alambic Investment Management
California
$310K +$296K +31,508 New
Two Sigma Investments
25
Two Sigma Investments
New York
$281K -$52.3K -5,568 -16%

TZOO Hedge Fund Activity: Q4 2018 in Review

56 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q4 2018, worth a combined $37.3M — down 20% from $46.6M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of TZOO and 8 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 21 added.

The largest buyer was Osmium Partners, adding an estimated $449K. The largest seller was G2 Investment Partners Management, exiting entirely with an estimated $793K sold.

  • 56 institutional investors held Travelzoo (TZOO) as of Q4 2018, down from 57 in Q3 2018.
  • Funds reported $37.3M of Travelzoo stock for Q4 2018, down 20% quarter-over-quarter.
  • 8 funds opened new Travelzoo positions in Q4 2018 and 9 closed out, a net change of -1 holder.
  • The largest Travelzoo buyer in Q4 2018 was Osmium Partners, an estimated $449K added.
  • The largest Travelzoo seller in Q4 2018 was G2 Investment Partners Management, an estimated $793K sold.

Based on aggregated 13F filings for Q4 2018.