Travelzoo
TZOO
91 hedge funds and large institutions have $43.2M invested in Travelzoo in 2025 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
21% more funds holding
Funds holding: 75 → 91 (+16)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
1.05% less ownership
Funds ownership: 40.5% → 39.45% (-1%)
25% less capital invested
Capital invested by funds: $57.2M → $43.2M (-$14M)
98% less call options, than puts
Call options by funds: $3K | Put options by funds: $151K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$911K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$849K |
| 3 |
Goldman Sachs
New York
|
+$391K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$366K |
| 5 |
Renaissance Technologies
New York
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.36M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$723K |
| 3 |
RWM
Ritholtz Wealth Management
New York
|
-$514K |
| 4 |
Man Group
London,
United Kingdom
|
-$482K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$313K |
TZOO Hedge Fund Activity: Q3 2025 in Review
91 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in Travelzoo (TZOO) for Q3 2025, worth a combined $43.2M — down 25% from $57.2M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TZOO positions and 8 closed out — a net gain of 16 holders — while 27 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $911K. The largest seller was Millennium Management, cutting an estimated $2.36M.
- 91 institutional investors held Travelzoo (TZOO) as of Q3 2025, up from 75 in Q2 2025.
- Funds reported $43.2M of Travelzoo stock for Q3 2025, down 25% quarter-over-quarter.
- 24 funds opened new Travelzoo positions in Q3 2025 and 8 closed out, a net change of +16 holders.
- The largest Travelzoo buyer in Q3 2025 was Morgan Stanley, an estimated $911K added.
- The largest Travelzoo seller in Q3 2025 was Millennium Management, an estimated $2.36M sold.
Based on aggregated 13F filings for Q3 2025.