Destination XL Group
DXLG
54 hedge funds and large institutions have $87.9M invested in Destination XL Group in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 11 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more capital invested
Capital invested by funds: $71M → $87.9M (+$16.9M)
5% less funds holding
Funds holding: 57 → 54 (-3)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$3.33M |
| 2 |
GA
Glenhill Advisors
New York
|
+$2.64M |
| 3 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$1.64M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$865K |
| 5 |
IAM
ICM Asset Management
Spokane,
Washington
|
+$580K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.3M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.21M |
| 3 |
Millennium Management
New York
|
-$726K |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$422K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$368K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
52
BNP Paribas Financial Markets
Paris,
France
| $84 | – | – | – |
|
|
EIM
53
Essex Investment Management
Boston,
Massachusetts
| – | -$422K | -222,225 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$51K | -26,635 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$27K | -14,202 | Closed |
|
56
Wells Fargo
San Francisco,
California
| – | -$24K | -12,391 | Closed |
|
|
ECM
57
Element Capital Management
New York
| – | -$22K | -11,498 | Closed |
|
58
Wolverine Trading
Chicago,
Illinois
| – | -$22K | -11,470 | Closed |
|
|
CG
59
Cutler Group
San Francisco,
California
| – | -$3K | -2,000 | Closed |
|
60
UBS Group
Zurich,
Switzerland
| – | -$4K | -1,949 | Closed |
|
|
NFA
61
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$2K | -1,161 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$2K | -849 | Closed |
|
63
Group One Trading
Chicago,
Illinois
| – | -$1K | -300 | Closed |
|
DXLG Hedge Fund Activity: Q4 2017 in Review
54 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q4 2017, worth a combined $87.9M — up 24% from $71M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DXLG and 8 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 14 added.
The largest buyer was Cannell Capital, adding an estimated $3.33M. The largest seller was Royal Bank of Canada, cutting an estimated $2.3M.
- 54 institutional investors held Destination XL Group (DXLG) as of Q4 2017, down from 57 in Q3 2017.
- Funds reported $87.9M of Destination XL Group stock for Q4 2017, up 24% quarter-over-quarter.
- 8 funds opened new Destination XL Group positions in Q4 2017 and 11 closed out, a net change of -3 holders.
- The largest Destination XL Group buyer in Q4 2017 was Cannell Capital, an estimated $3.33M added.
- The largest Destination XL Group seller in Q4 2017 was Royal Bank of Canada, an estimated $2.3M sold.
Based on aggregated 13F filings for Q4 2017.