Destination XL Group
DXLG
51 hedge funds and large institutions have $85.7M invested in Destination XL Group in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 9 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
23% more capital invested
Capital invested by funds: $69.4M → $85.7M (+$16.2M)
4% less funds holding
Funds holding: 53 → 51 (-2)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$2.17M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.82M |
| 3 |
AIC
AWM Investment Company
New York
|
+$461K |
| 4 |
RMCP
Red Mountain Capital Partners
Los Angeles,
California
|
+$369K |
| 5 |
IAM
ICM Asset Management
Spokane,
Washington
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
-$2.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.65M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.4M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$847K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$846K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
51
Rutabaga Capital Management
Boston,
Massachusetts
| – | -$1.4M | -799,150 | Closed |
|
|
52
Russell Investments Group
London,
United Kingdom
| – | -$847K | -483,836 | Closed |
|
53
Boston Partners
Boston,
Massachusetts
| – | -$625K | -357,061 | Closed |
|
54
Renaissance Technologies
New York
| – | -$121K | -69,300 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$41K | -23,425 | Closed |
|
|
GC
56
Guggenheim Capital
Chicago,
Illinois
| – | -$27K | -15,625 | Closed |
|
57
Wells Fargo
San Francisco,
California
| – | -$7K | -3,885 | Closed |
|
|
DBT
58
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$2K | -932 | Closed |
|
DXLG Hedge Fund Activity: Q2 2018 in Review
51 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q2 2018, worth a combined $85.7M — up 23% from $69.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DXLG and 7 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was Prescott Group Capital Management, adding an estimated $2.17M. The largest seller was Glenhill Advisors, cutting an estimated $2.6M.
- 51 institutional investors held Destination XL Group (DXLG) as of Q2 2018, down from 53 in Q1 2018.
- Funds reported $85.7M of Destination XL Group stock for Q2 2018, up 23% quarter-over-quarter.
- 7 funds opened new Destination XL Group positions in Q2 2018 and 9 closed out, a net change of -2 holders.
- The largest Destination XL Group buyer in Q2 2018 was Prescott Group Capital Management, an estimated $2.17M added.
- The largest Destination XL Group seller in Q2 2018 was Glenhill Advisors, an estimated $2.6M sold.
Based on aggregated 13F filings for Q2 2018.