New Positions
15 managers initiated
Top five by reported value
- SUMMIT WEALTH GROUP LLC / CO$508.9K
- JANE STREET GROUP, LLC$222.3K
- LAZARD ASSET MANAGEMENT LLC$115.1K
- Jain Global LLC$73.5K
- UMA Financial Services, Inc.$513
Travelzoo NASDAQ NMS - GLOBAL MARKET:TZOO
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
15 new33 added36 reduced18 exited
Total Institutional Holders
84
as of 2025-12-31
Top Holder
RENAISSANCE TECHNOLOGIES LLC
$4.1M
Largest QoQ Increase
GOLDMAN SACHS GROUP INC
+91,932 sh
Largest QoQ Decrease
CITADEL ADVISORS LLC
-73,019 sh
New Positions(15)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| SUMMIT WEALTH GROUP LLC / CO | 2,335 | +2,335 | $508.9K | +$508.9K | — |
| JANE STREET GROUP, LLC | 31,215 | +31,215 | $222.3K | +$222.3K | — |
| LAZARD ASSET MANAGEMENT LLC | 16,161 | +16,161 | $115.1K | +$115.1K | — |
| Jain Global LLC | 10,324 | +10,324 | $73.5K | +$73.5K | — |
| UMA Financial Services, Inc. | 72 | +72 | $513 | +$513 | — |
| AllSquare Wealth Management LLC | 20 | +20 | $197 | +$197 | — |
| Allworth Financial LP | 24 | +24 | $171 | +$171 | — |
| JONES FINANCIAL COMPANIES LLLP | 8 | +8 | $57 | +$57 | — |
| Transamerica Financial Advisors, Inc. | 8 | +8 | $57 | +$57 | — |
| Farther Finance Advisors, LLC | 7 | +7 | $50 | +$50 | — |
| ROTHSCHILD INVESTMENT LLC | 6 | +6 | $43 | +$43 | — |
| MAI Capital Management | 4 | +4 | $29 | +$29 | — |
| State of Alaska, Department of Revenue | 3,605 | +3,605 | $25 | +$25 | — |
| IFP Advisors, Inc | 2 | +2 | $14 | +$14 | — |
| Sunbelt Securities, Inc. | 1 | +1 | $7 | +$7 | — |
Added To(33)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 406,141 | +1,328 | $2.9M | -$1.1M | 0.3% |
| BlackRock, Inc. | 412,718 | +6,897 | $2.9M | -$1.1M | 1.7% |
| GOLDMAN SACHS GROUP INC | 145,848 | +91,932 | $1.0M | +$508.4K | 170.5% |
| MORGAN STANLEY | 142,731 | +6,266 | $1.0M | -$325.2K | 4.6% |
| Squarepoint Ops LLC | 52,288 | +36,174 | $372.3K | +$213.9K | 224.5% |
| STATE STREET CORP | 86,279 | +3,754 | $614.3K | -$196.9K | 4.5% |
| NORTHERN TRUST CORP | 63,945 | +6,911 | $455.3K | -$105.4K | 12.1% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 38,505 | +630 | $274.2K | -$98.2K | 1.7% |
| FMR LLC | 11,317 | +11,046 | $80.6K | +$77.9K | 4076.0% |
| Man Group plc | 30,747 | +1,421 | $218.9K | -$69.4K | 4.8% |
| Truvestments Capital LLC | 61,835 | +10,830 | $440.3K | -$61.1K | 21.2% |
| BARCLAYS PLC | 11,416 | +2,419 | $145.3K | +$56.9K | 26.9% |
| AQR CAPITAL MANAGEMENT LLC | 101,449 | +22,490 | $722.3K | -$53.9K | 28.5% |
| Creative Planning | 20,356 | +200 | $144.9K | -$53.2K | 1.0% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 20,415 | +297 | $145.4K | -$52.4K | 1.5% |
| TWO SIGMA INVESTMENTS, LP | 77,831 | +17,856 | $554.2K | -$35.4K | 29.8% |
| AdvisorShares Investments LLC | 12,350 | +282 | $87.9K | -$30.7K | 2.3% |
| RBF Capital, LLC | 24,000 | +9,000 | $170.9K | +$23.4K | 60.0% |
| BANK OF AMERICA CORP /DE/ | 5,460 | +2,982 | $38.9K | +$14.5K | 120.3% |
| AlphaQuest LLC | 8,158 | +3,695 | $58.1K | +$14.2K | 82.8% |
| WELLS FARGO & COMPANY/MN | 6,787 | +2,935 | $48.3K | +$10.5K | 76.2% |
| SIMPLEX TRADING, LLC | 1,456 | +1,379 | $10.4K | +$10.4K | 1790.9% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3,049 | +88 | $21.7K | -$7.4K | 3.0% |
| Voya Investment Management LLC | 27,155 | +8,209 | $193.3K | +$7.1K | 43.3% |
| JPMORGAN CHASE & CO | 2,693 | +168 | $19.2K | -$5.6K | 6.7% |
| STRS OHIO | 70,800 | +19,000 | $504.1K | -$5.1K | 36.7% |
| Russell Investments Group, Ltd. | 1,319 | +726 | $9.4K | +$3.6K | 122.4% |
| EverSource Wealth Advisors, LLC | 270 | +226 | $1.9K | +$1.5K | 513.6% |
| Tower Research Capital LLC (TRC) | 1,475 | +270 | $10.5K | -$1.3K | 22.4% |
| BNP PARIBAS ARBITRAGE, SNC | 1,846 | +615 | $13.1K | +$1.0K | 50.0% |
| PNC Financial Services Group, Inc. | 67 | +57 | $477 | +$379 | 570.0% |
| Marquette Asset Management, LLC | 207 | +94 | $1.5K | +$363 | 83.2% |
| Sterling Capital Management LLC | 41 | +26 | $292 | +$145 | 173.3% |
Reduced(36)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 573,901 | -47,300 | $4.1M | -$2.0M | -7.6% |
| DIMENSIONAL FUND ADVISORS LP | 230,349 | -28,318 | $1.6M | -$903.0K | -10.9% |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 105,354 | -52,518 | $750.1K | -$801.8K | -33.3% |
| Hennion & Walsh Asset Management, Inc. | 224,819 | -1,326 | $1.6M | -$622.3K | -0.6% |
| Trexquant Investment LP | 19,542 | -45,267 | $139.1K | -$497.9K | -69.8% |
| GEODE CAPITAL MANAGEMENT, LLC | 152,519 | -5,475 | $1.1M | -$467.2K | -3.5% |
| Royal Bank of Canada | 3,750 | -25,620 | $26.0K | -$359.0K | -87.2% |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 5,697 | -22,899 | $45.9K | -$235.2K | -80.1% |
| Bank of New York Mellon Corp | 78,474 | -1,660 | $558.7K | -$229.0K | -2.1% |
| Koss-Olinger Consulting, LLC | 29,541 | -2,667 | $210.0K | -$200.0K | -8.3% |
| TWO SIGMA ADVISERS, LP | 24,300 | -7,100 | $173.0K | -$135.6K | -22.6% |
| Cerity Partners LLC | 41,907 | -1,544 | $298.4K | -$128.7K | -3.5% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 42,143 | 0 | $300.1K | -$114.2K | 0.0% |
| UBS Group AG | 10,824 | -5,895 | $77.1K | -$87.3K | -35.3% |
| ADVISOR GROUP HOLDINGS, INC. | 2,740 | -7,720 | $19.5K | -$83.1K | -73.8% |
| EVERGREEN CAPITAL MANAGEMENT LLC | 30,000 | 0 | $213.6K | -$81.3K | 0.0% |
| PANAGORA ASSET MANAGEMENT INC | 21,873 | 0 | $155.7K | -$59.3K | 0.0% |
| Engineers Gate Manager LP | 16,239 | -1,303 | $115.6K | -$56.8K | -7.4% |
| Verition Fund Management LLC | 15,621 | 0 | $111.2K | -$42.3K | 0.0% |
| RHUMBLINE ADVISERS | 6,732 | -1,554 | $47.9K | -$33.5K | -18.8% |
| DEUTSCHE BANK AG\ | 7,445 | 0 | $53.0K | -$20.2K | 0.0% |
| NEW YORK STATE COMMON RETIREMENT FUND | 5,800 | 0 | $41.3K | -$15.7K | 0.0% |
| CITIGROUP INC | 904 | -1,137 | $6.4K | -$13.6K | -55.7% |
| Private Wealth Asset Management, LLC | 1,200 | -650 | $8.5K | -$9.6K | -35.1% |
| Police & Firemen's Retirement System of New Jersey | 2,469 | 0 | $17.6K | -$6.7K | 0.0% |
| Legal & General Group Plc | 704 | 0 | $5.0K | -$1.9K | 0.0% |
| Ameritas Investment Partners, Inc. | 649 | 0 | $4.6K | -$1.8K | 0.0% |
| ACADIAN ASSET MANAGEMENT LLC | 475,279 | -23,996 | $3.4K | -$1.5K | -4.8% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 381 | -16 | $2.7K | -$1.2K | -4.0% |
| Clearstead Advisors, LLC | 1 | -46 | $8 | -$455 | -97.9% |
| True Wealth Design, LLC | 1 | -17 | $8 | -$169 | -94.4% |
| LSV ASSET MANAGEMENT | 45,400 | 0 | $323 | -$123 | 0.0% |
| CWM, LLC | 1,000 | -869 | $7 | -$11 | -46.5% |
| Fortitude Family Office, LLC | 4 | 0 | $28 | -$11 | 0.0% |
| SBI Securities Co., Ltd. | 2 | 0 | $14 | -$6 | 0.0% |
| AMALGAMATED BANK | 195 | -22 | $1 | -$1 | -10.1% |
Sold Out(18)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| CITADEL ADVISORS LLC | 0 | -73,019 | $0 | -$717.8K | — |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 0 | -36,785 | $0 | -$361.6K | — |
| MARSHALL WACE, LLP | 0 | -36,528 | $0 | -$359.1K | — |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0 | -32,683 | $0 | -$321.3K | — |
| LPL Financial LLC | 0 | -27,234 | $0 | -$267.7K | — |
| State of Wyoming | 0 | -25,819 | $0 | -$253.8K | — |
| R Squared Ltd | 0 | -17,185 | $0 | -$168.9K | — |
| PharVision Advisers, LLC | 0 | -15,189 | $0 | -$149.3K | — |
| RITHOLTZ WEALTH MANAGEMENT | 0 | -14,584 | $0 | -$143.4K | — |
| OCCUDO QUANTITATIVE STRATEGIES LP | 0 | -13,027 | $0 | -$128.1K | — |
| Aristides Capital LLC | 0 | -10,773 | $0 | -$105.9K | — |
| MILLENNIUM MANAGEMENT LLC | 0 | -10,756 | $0 | -$105.7K | — |
| Quarry LP | 0 | -2,612 | $0 | -$25.7K | — |
| GROUP ONE TRADING, L.P. | 0 | -1,000 | $0 | -$9.8K | — |
| SRS Capital Advisors, Inc. | 0 | -219 | $0 | -$2.2K | — |
| Federation des caisses Desjardins du Quebec | 0 | -145 | $0 | -$1.4K | — |
| Larson Financial Group LLC | 0 | -36 | $0 | -$354 | — |
| Advisory Services Network, LLC | 0 | -7 | $0 | -$69 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 573,901 | $4.1M | -47,300 | -7.6% |
| BlackRock, Inc. | 412,718 | $2.9M | +6,897 | 1.7% |
| VANGUARD GROUP INC | 406,141 | $2.9M | +1,328 | 0.3% |
| DIMENSIONAL FUND ADVISORS LP | 230,349 | $1.6M | -28,318 | -10.9% |
| Hennion & Walsh Asset Management, Inc. | 224,819 | $1.6M | -1,326 | -0.6% |
| GEODE CAPITAL MANAGEMENT, LLC | 152,519 | $1.1M | -5,475 | -3.5% |
| GOLDMAN SACHS GROUP INC | 145,848 | $1.0M | +91,932 | 170.5% |
| MORGAN STANLEY | 142,731 | $1.0M | +6,266 | 4.6% |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 105,354 | $750.1K | -52,518 | -33.3% |
| AQR CAPITAL MANAGEMENT LLC | 101,449 | $722.3K | +22,490 | 28.5% |
| STATE STREET CORP | 86,279 | $614.3K | +3,754 | 4.5% |
| Bank of New York Mellon Corp | 78,474 | $558.7K | -1,660 | -2.1% |
| TWO SIGMA INVESTMENTS, LP | 77,831 | $554.2K | +17,856 | 29.8% |
| SUMMIT WEALTH GROUP LLC / CO | 2,335 | $508.9K | +2,335 | — |
| STRS OHIO | 70,800 | $504.1K | +19,000 | 36.7% |
| NORTHERN TRUST CORP | 63,945 | $455.3K | +6,911 | 12.1% |
| Truvestments Capital LLC | 61,835 | $440.3K | +10,830 | 21.2% |
| Squarepoint Ops LLC | 52,288 | $372.3K | +36,174 | 224.5% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 42,143 | $300.1K | 0 | 0.0% |
| Cerity Partners LLC | 41,907 | $298.4K | -1,544 | -3.5% |
New & Closed Positions this quarter
Closed Positions
18 managers exited
Top five by prior-quarter value
- CITADEL ADVISORS LLC$717.8K
- O'SHAUGHNESSY ASSET MANAGEMENT, LLC$361.6K
- MARSHALL WACE, LLP$359.1K
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$321.3K
- LPL Financial LLC$267.7K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for TZOO against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.