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.
107% more capital inflows, than outflows
Capital inflows: $9.6M | Capital outflows: $4.63M
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)
0.9% more ownership
Funds ownership: 79.97% → 80.87% (+0.9%)
4% less funds holding
Funds holding: 72 → 69 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rutabaga Capital Management
Boston,
Massachusetts
|
+$4.06M |
| 2 |
GSA Capital Partners
London,
United Kingdom
|
+$476K |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
+$375K |
| 4 |
Two Sigma Investments
New York
|
+$289K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Greenwood Investments
Boston,
Massachusetts
|
-$1.18M |
| 2 |
EAM Investors
Solana Beach,
California
|
-$1.1M |
| 3 |
Coliseum Capital Management
Rowayton,
Connecticut
|
-$472K |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$405K |
| 5 |
Portolan Capital Management
Boston,
Massachusetts
|
-$235K |
DXLG Hedge Fund Activity: Q2 2016 in Review
69 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q2 2016, worth a combined $188M — down 11% from $210M 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 11% 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.