Travelzoo
TZOO
52 hedge funds and large institutions have $18.8M invested in Travelzoo in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 22 closing their positions.
14% more capital invested
Capital invested by funds: $16.6M → $18.8M (+$2.25M)
1% less call options, than puts
Call options by funds: $537K | Put options by funds: $543K
7.34% less ownership
Funds ownership: 36.89% → 29.55% (-7.3%)
16% less funds holding
Funds holding: 62 → 52 (-10)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
45% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$1.5M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$298K |
| 3 |
Goldman Sachs
New York
|
+$197K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$184K |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$1.86M |
| 2 |
BlackRock
New York
|
-$1.36M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$499K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$460K |
| 5 |
Renaissance Technologies
New York
|
-$318K |
TZOO Hedge Fund Activity: Q2 2020 in Review
52 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q2 2020, worth a combined $18.8M — up 14% from $16.6M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TZOO and 12 opened new positions — a net loss of 10 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was Invenomic Capital Management, adding an estimated $1.5M. The largest seller was Osmium Partners, exiting entirely with an estimated $1.86M sold.
- 52 institutional investors held Travelzoo (TZOO) as of Q2 2020, down from 62 in Q1 2020.
- Funds reported $18.8M of Travelzoo stock for Q2 2020, up 14% quarter-over-quarter.
- 12 funds opened new Travelzoo positions in Q2 2020 and 22 closed out, a net change of -10 holders.
- The largest Travelzoo buyer in Q2 2020 was Invenomic Capital Management, an estimated $1.5M added.
- The largest Travelzoo seller in Q2 2020 was Osmium Partners, an estimated $1.86M sold.
Based on aggregated 13F filings for Q2 2020.