Destination XL Group
DXLG
133 hedge funds and large institutions have $267M invested in Destination XL Group in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 59 increasing their positions, 34 reducing their positions, and 19 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 34
1.24% more ownership
Funds ownership: 76.13% → 77.36% (+1.2%)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1% less funds holding
Funds holding: 134 → 133 (-1)
6% less call options, than puts
Call options by funds: $653K | Put options by funds: $694K
15% less capital invested
Capital invested by funds: $315M → $267M (-$47.8M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.49M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$4.95M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$3.66M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.15M |
| 5 |
NM
Newtyn Management
New York
|
-$2.31M |
DXLG Hedge Fund Activity: Q1 2023 in Review
133 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Destination XL Group (DXLG) for Q1 2023, worth a combined $267M — down 15% from $315M a quarter earlier.
Fund positioning in DXLG was balanced in Q1 2023: 19 funds opened new positions, 19 closed out, 59 added to existing stakes and 34 trimmed.
The largest buyer was Wolf Hill Capital Management, adding an estimated $8.78M. The largest seller was Invesco, cutting an estimated $7.49M.
- 133 institutional investors held Destination XL Group (DXLG) as of Q1 2023, down from 134 in Q4 2022.
- Funds reported $267M of Destination XL Group stock for Q1 2023, down 15% quarter-over-quarter.
- 19 funds opened new Destination XL Group positions in Q1 2023 and 19 closed out, a net change of 0 holders.
- The largest Destination XL Group buyer in Q1 2023 was Wolf Hill Capital Management, an estimated $8.78M added.
- The largest Destination XL Group seller in Q1 2023 was Invesco, an estimated $7.49M sold.
Based on aggregated 13F filings for Q1 2023.