Destination XL Group
DXLG
53 hedge funds and large institutions have $69.4M invested in Destination XL Group in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 4 closing their positions.
2% less funds holding
Funds holding: 54 → 53 (-1)
21% less capital invested
Capital invested by funds: $87.9M → $69.4M (-$18.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.31M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$945K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$608K |
| 4 |
IAM
ICM Asset Management
Spokane,
Washington
|
+$515K |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.39M |
| 2 |
GA
Glenhill Advisors
New York
|
-$1.21M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$728K |
| 4 |
WPC
White Pine Capital
Bloomington,
Minnesota
|
-$533K |
| 5 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$289K |
DXLG Hedge Fund Activity: Q1 2018 in Review
53 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q1 2018, worth a combined $69.4M — down 21% from $87.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DXLG and 3 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 14 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $1.31M. The largest seller was Royal Bank of Canada, cutting an estimated $1.39M.
- 53 institutional investors held Destination XL Group (DXLG) as of Q1 2018, down from 54 in Q4 2017.
- Funds reported $69.4M of Destination XL Group stock for Q1 2018, down 21% quarter-over-quarter.
- 3 funds opened new Destination XL Group positions in Q1 2018 and 4 closed out, a net change of -1 holder.
- The largest Destination XL Group buyer in Q1 2018 was Punch & Associates Investment Management, an estimated $1.31M added.
- The largest Destination XL Group seller in Q1 2018 was Royal Bank of Canada, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2018.