Destination XL Group
DXLG
47 hedge funds and large institutions have $83.9M invested in Destination XL Group in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 8 closing their positions.
2% less capital invested
Capital invested by funds: $85.7M → $83.9M (-$1.75M)
8% less funds holding
Funds holding: 51 → 47 (-4)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$527K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$110K |
| 3 |
IAM
ICM Asset Management
Spokane,
Washington
|
+$97.7K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$82.1K |
| 5 |
JP Morgan Chase
New York
|
+$70K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
-$9.36M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$842K |
| 3 |
Millennium Management
New York
|
-$275K |
| 4 |
D.E. Shaw & Co
New York
|
-$215K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRAM
51
Stone Ridge Asset Management
New York
| – | -$53K | -23,444 | Closed |
|
52
Envestnet Asset Management
Chicago,
Illinois
| – | -$26K | -11,505 | Closed |
|
|
TA
53
Teton Advisors
Rye,
New York
| – | -$23K | -10,000 | Closed |
|
|
HNB
54
Huntington National Bank
Columbus,
Ohio
| – | +$2 | +1 | New |
|
DXLG Hedge Fund Activity: Q3 2018 in Review
47 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q3 2018, worth a combined $83.9M — down 2% from $85.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DXLG and 5 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Cannell Capital, adding an estimated $527K. The largest seller was Glenhill Advisors, exiting entirely with an estimated $9.36M sold.
- 47 institutional investors held Destination XL Group (DXLG) as of Q3 2018, down from 51 in Q2 2018.
- Funds reported $83.9M of Destination XL Group stock for Q3 2018, down 2% quarter-over-quarter.
- 5 funds opened new Destination XL Group positions in Q3 2018 and 8 closed out, a net change of -3 holders.
- The largest Destination XL Group buyer in Q3 2018 was Cannell Capital, an estimated $527K added.
- The largest Destination XL Group seller in Q3 2018 was Glenhill Advisors, an estimated $9.36M sold.
Based on aggregated 13F filings for Q3 2018.