Destination XL Group
DXLG
71 hedge funds and large institutions have $110M invested in Destination XL Group in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% less funds holding
Funds holding: 74 → 71 (-3)
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less capital invested
Capital invested by funds: $171M → $110M (-$61M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.89M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$3.02M |
| 3 |
IAM
ICM Asset Management
Spokane,
Washington
|
+$832K |
| 4 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$669K |
| 5 |
RMCP
Red Mountain Capital Partners
Los Angeles,
California
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.5M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$701K |
| 3 |
GA
Glenhill Advisors
New York
|
-$632K |
| 4 |
Millennium Management
New York
|
-$409K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$388K |
DXLG Hedge Fund Activity: Q1 2017 in Review
71 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q1 2017, worth a combined $110M — down 36% from $171M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DXLG positions and 7 closed out — a net gain of 2 holders — while 23 added to existing stakes and 31 trimmed.
The largest buyer was BlackRock, adding an estimated $7.89M. The largest seller was Portolan Capital Management, cutting an estimated $3.5M.
- 71 institutional investors held Destination XL Group (DXLG) as of Q1 2017, down from 74 in Q4 2016.
- Funds reported $110M of Destination XL Group stock for Q1 2017, down 36% quarter-over-quarter.
- 9 funds opened new Destination XL Group positions in Q1 2017 and 7 closed out, a net change of +2 holders.
- The largest Destination XL Group buyer in Q1 2017 was BlackRock, an estimated $7.89M added.
- The largest Destination XL Group seller in Q1 2017 was Portolan Capital Management, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2017.