Destination XL Group
DXLG
70 hedge funds and large institutions have $175M invested in Destination XL Group in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 69 → 70 (+1)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
1.33% less ownership
Funds ownership: 80.87% → 79.54% (-1.3%)
46% less capital inflows, than outflows
Capital inflows: $3.92M | Capital outflows: $7.31M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM Asset Management
Spokane,
Washington
|
+$1.19M |
| 2 |
Rutabaga Capital Management
Boston,
Massachusetts
|
+$803K |
| 3 |
Red Mountain Capital Partners
Los Angeles,
California
|
+$499K |
| 4 |
Signet Financial Management
Parsippany,
New Jersey
|
+$307K |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Greenwood Investments
Boston,
Massachusetts
|
-$3.52M |
| 2 |
Emerald Acquisition
Seattle,
Washington
|
-$794K |
| 3 |
GA
Glenhill Advisors
New York
|
-$513K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$443K |
| 5 |
Coliseum Capital Management
Rowayton,
Connecticut
|
-$392K |
DXLG Hedge Fund Activity: Q3 2016 in Review
70 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q3 2016, worth a combined $175M — down 6.9% from $188M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DXLG positions and 5 closed out — a net gain of 1 holder — while 22 added to existing stakes and 24 trimmed.
The largest buyer was ICM Asset Management, opening a new position worth an estimated $1.19M. The largest seller was Greenwood Investments, cutting an estimated $3.52M.
- 70 institutional investors held Destination XL Group (DXLG) as of Q3 2016, up from 69 in Q2 2016.
- Funds reported $175M of Destination XL Group stock for Q3 2016, down 6.9% quarter-over-quarter.
- 6 funds opened new Destination XL Group positions in Q3 2016 and 5 closed out, a net change of +1 holder.
- The largest Destination XL Group buyer in Q3 2016 was ICM Asset Management, an estimated $1.19M added.
- The largest Destination XL Group seller in Q3 2016 was Greenwood Investments, an estimated $3.52M sold.
Based on aggregated 13F filings for Q3 2016.