Destination XL Group
DXLG
57 hedge funds and large institutions have $71M invested in Destination XL Group in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
17% less funds holding
Funds holding: 69 → 57 (-12)
19% less capital invested
Capital invested by funds: $87.7M → $71M (-$16.7M)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
Top Sellers
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.52M |
| 2 |
GA
Glenhill Advisors
New York
|
-$1.19M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.06M |
| 4 |
Goldman Sachs
New York
|
-$494K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$445K |
DXLG Hedge Fund Activity: Q3 2017 in Review
57 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q3 2017, worth a combined $71M — down 19% from $87.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DXLG and 2 opened new positions — a net loss of 11 holders — while 20 trimmed existing stakes and 19 added.
The largest buyer was Cannell Capital, opening a new position worth an estimated $3.52M. The largest seller was Punch & Associates Investment Management, cutting an estimated $1.52M.
- 57 institutional investors held Destination XL Group (DXLG) as of Q3 2017, down from 69 in Q2 2017.
- Funds reported $71M of Destination XL Group stock for Q3 2017, down 19% quarter-over-quarter.
- 2 funds opened new Destination XL Group positions in Q3 2017 and 13 closed out, a net change of -11 holders.
- The largest Destination XL Group buyer in Q3 2017 was Cannell Capital, an estimated $3.52M added.
- The largest Destination XL Group seller in Q3 2017 was Punch & Associates Investment Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2017.