Destination XL Group
DXLG
82 hedge funds and large institutions have $233M invested in Destination XL Group in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 15 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
9% less capital invested
Capital invested by funds: $257M → $233M (-$23.9M)
10% less funds holding
Funds holding: 91 → 82 (-9)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $12K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RMCP
Red Mountain Capital Partners
Los Angeles,
California
|
+$15.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.39M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.72M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.46M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$5.6M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$3.16M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$1.43M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.35M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.25M |
DXLG Hedge Fund Activity: Q1 2014 in Review
82 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q1 2014, worth a combined $233M — down 9.3% from $257M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DXLG and 7 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 33 added.
The largest buyer was Red Mountain Capital Partners, adding an estimated $15.2M. The largest seller was Coliseum Capital Management, cutting an estimated $5.6M.
- 82 institutional investors held Destination XL Group (DXLG) as of Q1 2014, down from 91 in Q4 2013.
- Funds reported $233M of Destination XL Group stock for Q1 2014, down 9.3% quarter-over-quarter.
- 7 funds opened new Destination XL Group positions in Q1 2014 and 15 closed out, a net change of -8 holders.
- The largest Destination XL Group buyer in Q1 2014 was Red Mountain Capital Partners, an estimated $15.2M added.
- The largest Destination XL Group seller in Q1 2014 was Coliseum Capital Management, an estimated $5.6M sold.
Based on aggregated 13F filings for Q1 2014.