Xcel Brands
XELB
14 hedge funds and large institutions have $19M invested in Xcel Brands in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
7% less funds holding
Funds holding: 15 → 14 (-1)
32% less capital invested
Capital invested by funds: $27.8M → $19M (-$8.79M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCMNY
Buckingham Capital Management (New York)
New York
|
+$267K |
| 2 |
KC
Kellner Capital
New York
|
+$33.4K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$31.6K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$677 |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$451 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.06M |
| 2 |
HP
Harvey Partners
Tarrytown,
New York
|
-$169K |
| 3 |
Millennium Management
New York
|
-$92K |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$59.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$734 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCMNY
1
Buckingham Capital Management (New York)
New York
| $9.17M | +$267K | +4,733 | +3% |
|
2
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
| $2.91M | – | – | – |
|
|
AIC
3
AWM Investment Company
New York
| $2.08M | – | – | – |
|
|
DCM
4
Driehaus Capital Management
Chicago,
Illinois
| $1.41M | -$59.3K | -1,051 | -4% |
|
|
CCPM
5
Cooper Creek Partners Management
New York
| $1.22M | – | – | – |
|
|
PCM
6
Perritt Capital Management
Chicago,
Illinois
| $655K | +$31.6K | +560 | +5% |
|
|
HP
7
Harvey Partners
Tarrytown,
New York
| $630K | -$169K | -3,001 | -21% |
|
8
M&T Bank
Buffalo,
New York
| $503K | – | – | – |
|
|
9
Vanguard Group
Malvern,
Pennsylvania
| $217K | +$677 | +12 | +0.3% |
|
|
KC
10
Kellner Capital
New York
| $208K | +$33.4K | +592 | +20% |
|
11
Morgan Stanley
New York
| $29K | – | – | – |
|
|
12
Bank of America
Charlotte,
North Carolina
| $10K | -$2.06M | -36,468 | -100% |
|
|
BFA
13
BlackRock Fund Advisors
San Francisco,
California
| $2K | +$451 | +8 | +33% |
|
|
14
UBS Group
Zurich,
Switzerland
| $1K | -$734 | -13 | -43% |
|
|
15
Millennium Management
New York
| – | -$92K | -1,223 | Closed |
|
XELB Hedge Fund Activity: Q1 2016 in Review
14 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Xcel Brands (XELB) for Q1 2016, worth a combined $19M — down 32% from $27.8M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of XELB and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 5 added.
The largest buyer was Buckingham Capital Management (New York), adding an estimated $267K. The largest seller was Bank of America, cutting an estimated $2.06M.
- 14 institutional investors held Xcel Brands (XELB) as of Q1 2016, down from 15 in Q4 2015.
- Funds reported $19M of Xcel Brands stock for Q1 2016, down 32% quarter-over-quarter.
- 0 funds opened new Xcel Brands positions in Q1 2016 and 1 closed out, a net change of -1 holder.
- The largest Xcel Brands buyer in Q1 2016 was Buckingham Capital Management (New York), an estimated $267K added.
- The largest Xcel Brands seller in Q1 2016 was Bank of America, an estimated $2.06M sold.
Based on aggregated 13F filings for Q1 2016.