Destination XL Group
DXLG
69 hedge funds and large institutions have $188M invested in Destination XL Group in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 9 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% less funds holding
Funds holding: 72 → 69 (-3)
10% less capital invested
Capital invested by funds: $209M → $188M (-$20.9M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18K | -3,404 | Closed |
|
|
PCM
77
Prelude Capital Management
New York
| – | -$16K | -3,000 | Closed |
|
78
Barclays
London,
United Kingdom
| – | -$13.7K | -2,762 | -99% |
|
DXLG Hedge Fund Activity: Q2 2016 in Review
69 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q2 2016, worth a combined $188M — down 10% from $209M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DXLG and 7 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 29 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $4.06M. The largest seller was Greenwood Investments, cutting an estimated $1.18M.
- 69 institutional investors held Destination XL Group (DXLG) as of Q2 2016, down from 72 in Q1 2016.
- Funds reported $188M of Destination XL Group stock for Q2 2016, down 10% quarter-over-quarter.
- 7 funds opened new Destination XL Group positions in Q2 2016 and 9 closed out, a net change of -2 holders.
- The largest Destination XL Group buyer in Q2 2016 was Rutabaga Capital Management, an estimated $4.06M added.
- The largest Destination XL Group seller in Q2 2016 was Greenwood Investments, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2016.