Destination XL Group
DXLG
133 hedge funds and large institutions have $315M invested in Destination XL Group in 2022 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 13 closing their positions.
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
38% more capital invested
Capital invested by funds: $229M → $315M (+$85.9M)
34% more call options, than puts
Call options by funds: $956K | Put options by funds: $711K
29% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 34
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more funds holding
Funds holding: 112 → 133 (+21)
6.27% more ownership
Funds ownership: 68.34% → 74.62% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
+$3.4M |
| 2 |
CCM
Chimera Capital Management
New York
|
+$3.34M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.26M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$2.07M |
| 5 |
Two Sigma Investments
New York
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.92M |
| 2 |
AIC
AWM Investment Company
New York
|
-$1.82M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.53M |
| 4 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$1.42M |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$1.2M |
DXLG Hedge Fund Activity: Q4 2022 in Review
133 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q4 2022, worth a combined $315M — up 38% from $229M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DXLG positions and 13 closed out — a net gain of 23 holders — while 44 added to existing stakes and 34 trimmed.
The largest buyer was Newtyn Management, adding an estimated $3.4M. The largest seller was Acadian Asset Management, cutting an estimated $1.92M.
- 133 institutional investors held Destination XL Group (DXLG) as of Q4 2022, up from 112 in Q3 2022.
- Funds reported $315M of Destination XL Group stock for Q4 2022, up 38% quarter-over-quarter.
- 36 funds opened new Destination XL Group positions in Q4 2022 and 13 closed out, a net change of +23 holders.
- The largest Destination XL Group buyer in Q4 2022 was Newtyn Management, an estimated $3.4M added.
- The largest Destination XL Group seller in Q4 2022 was Acadian Asset Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2022.