Destination Maternity Corporation
DEST
DEST was delisted on the 29th of October, 2019.
47 hedge funds and large institutions have $39.5M invested in Destination Maternity Corporation in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 22 reducing their positions, and 11 closing their positions.
4,004% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $28K
6% less funds holding
Funds holding: 50 → 47 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
42% less capital invested
Capital invested by funds: $67.5M → $39.5M (-$28.1M)
55% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$5.6M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$719K |
| 3 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
+$485K |
| 4 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
+$351K |
| 5 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$6.21M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$3.81M |
| 3 |
VCM
Voce Capital Management
San Francisco,
California
|
-$2.32M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.31M |
| 5 |
RA
Royce & Associates
New York
|
-$1.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| – | -$1.96M | -276,250 | Closed |
|
|
DM
52
Diker Management
New York
| – | -$452K | -63,736 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$202K | -28,604 | Closed |
|
|
SKK
54
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$148K | -20,827 | Closed |
|
55
Wolverine Trading
Chicago,
Illinois
| – | -$80K | -12,224 | Closed |
|
|
BGDI
56
BW Gestao de Investimentos
Sao Paulo,
Brazil
| – | -$83K | -11,789 | Closed |
|
|
PCM
57
Prelude Capital Management
New York
| – | -$7K | -1,000 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$2.47K | -356 | Closed |
|
DEST Hedge Fund Activity: Q4 2016 in Review
47 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Destination Maternity Corporation (DEST) for Q4 2016, worth a combined $39.5M — down 42% from $67.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DEST and 9 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 10 added.
The largest buyer was Towle & Co, adding an estimated $5.6M. The largest seller was Brown Advisory, exiting entirely with an estimated $6.21M sold.
- 47 institutional investors held Destination Maternity Corporation (DEST) as of Q4 2016, down from 50 in Q3 2016.
- Funds reported $39.5M of Destination Maternity Corporation stock for Q4 2016, down 42% quarter-over-quarter.
- 9 funds opened new Destination Maternity Corporation positions in Q4 2016 and 11 closed out, a net change of -2 holders.
- The largest Destination Maternity Corporation buyer in Q4 2016 was Towle & Co, an estimated $5.6M added.
- The largest Destination Maternity Corporation seller in Q4 2016 was Brown Advisory, an estimated $6.21M sold.
Based on aggregated 13F filings for Q4 2016.