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Destination XL Group

91 hedge funds and large institutions have $257M invested in Destination XL Group in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

10% more funds holding

Funds holding: 8391 (+8)

5% more capital invested

Capital invested by funds: $244M → $257M (+$12.3M)

3% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 31

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $7K

Holders
91
Holders Change
+8
Holders Change %
+9.64%
% of All Funds
2.64%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.09%
New
14
Increased
32
Reduced
31
Closed
6
Calls
Puts
$7K
Net Calls
-$7K
Net Calls Change
-$65K
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$33.4M +$1.79M +271,053 +6%
RMCP
2
Red Mountain Capital Partners
California
$31.8M +$4.25M +643,526 +15%
GA
3
Glenhill Advisors
New York
$29.2M +$1.9M +287,557 +7%
AR
4
Advisory Research
Illinois
$27.8M +$194K +29,346 +0.7%
PAIM
5
Punch & Associates Investment Management
Minnesota
$12.2M +$946K +143,342 +8%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$11.7M +$1.08M +164,282 +10%
BIT
7
BlackRock Institutional Trust
California
$8.39M -$98.1K -14,861 -1%
BFA
8
BlackRock Fund Advisors
California
$7.69M -$193K -29,192 -2%
Boston Partners
9
Boston Partners
Massachusetts
$7.39M +$832K +126,018 +13%
Vanguard Group
10
Vanguard Group
Pennsylvania
$7.25M +$306K +46,345 +4%
CCM
11
Coliseum Capital Management
Connecticut
$7.02M +$2.51M +380,246 +55%
GI
12
Greenwood Investments
Massachusetts
$6.89M -$2.85M -431,400 -29%
HA
13
Heartland Advisors
Wisconsin
$6.57M
Northern Trust
14
Northern Trust
Illinois
$5.48M +$234K +35,402 +4%
PGCM
15
Prescott Group Capital Management
Oklahoma
$4.65M +$4.7M +711,419 New
Comerica Bank
16
Comerica Bank
Texas
$4.4M +$1.39M +210,091 +45%
FWSM
17
First Wilshire Securities Management
California
$4.25M -$30.5K -4,619 -0.7%
State Street
18
State Street
Massachusetts
$3.8M +$67.5K +10,231 +2%
CC
19
Cannell Capital
Wyoming
$3.59M +$3.15M +477,524 +669%
RFC
20
Russell Frank Company
Washington
$3.25M -$1.13M -170,888 -22%
PCM
21
Portolan Capital Management
Massachusetts
$2.44M -$1.06M -159,962 -30%
PCP
22
Perimeter Capital Partners
Georgia
$1.63M -$1.47M -223,366 -47%
WPC
23
White Pine Capital
Minnesota
$1.46M +$870K +131,850 +145%
MPAM
24
Monarch Partners Asset Management
Massachusetts
$1.43M -$413K -62,538 -22%
DCM
25
Driehaus Capital Management
Illinois
$1.35M +$1.36M +205,633 New

DXLG Hedge Fund Activity: Q4 2013 in Review

91 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q4 2013, worth a combined $257M — up 5.1% from $244M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new DXLG positions and 6 closed out — a net gain of 8 holders — while 32 added to existing stakes and 31 trimmed.

The largest buyer was Prescott Group Capital Management, opening a new position worth an estimated $4.7M. The largest seller was Ameriprise, cutting an estimated $4.69M.

  • 91 institutional investors held Destination XL Group (DXLG) as of Q4 2013, up from 83 in Q3 2013.
  • Funds reported $257M of Destination XL Group stock for Q4 2013, up 5.1% quarter-over-quarter.
  • 14 funds opened new Destination XL Group positions in Q4 2013 and 6 closed out, a net change of +8 holders.
  • The largest Destination XL Group buyer in Q4 2013 was Prescott Group Capital Management, an estimated $4.7M added.
  • The largest Destination XL Group seller in Q4 2013 was Ameriprise, an estimated $4.69M sold.

Based on aggregated 13F filings for Q4 2013.