[SCHEDULE 13G] DESTINATION XL GROUP, INC. Passive Investment Disclosure (>5%)
Destination XL gets 6.1% stake disclosed by Nomura
Nomura Holdings, Inc. and its subsidiary Nomura Global Financial Products, Inc. reported beneficial ownership of common stock of Destination XL Group, Inc..
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Nomura Holdings, Inc. and its subsidiary Nomura Global Financial Products, Inc. reported beneficial ownership of common stock of Destination XL Group, Inc.. The filing states that Nomura entities have shared voting and dispositive power over 3,393,348 shares of common stock, representing 6.1% of the outstanding shares.
The ownership percentage is based on 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as referenced from the company’s proxy statement. Voting and dispositive powers are held on a shared basis, with no sole voting or dispositive power reported by the Nomura entities.
Key Figures
Shares beneficially owned:3,393,348 sharesOwnership percentage:6.1%Shares outstanding:55,273,092 shares+3 more
6 metrics
Shares beneficially owned3,393,348 sharesCommon Stock beneficially owned by Nomura Global Financial Products, Inc.
Ownership percentage6.1%Percent of Destination XL common stock class held by Nomura entities
Shares outstanding55,273,092 sharesDestination XL common stock outstanding as of June 15, 2026
Shared voting power3,393,348 sharesShares over which Nomura entities have shared voting power
Sole voting power0 sharesShares over which Nomura entities have sole voting power
Shared dispositive power3,393,348 sharesShares over which Nomura entities have shared dispositive power
"represents 3,393,348 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 3,393,348.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 3,393,348.00"
Schedule 13Gregulatory
"percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in DESTINATION XL GROUP, INC. (DXLG) does Nomura report on this Schedule 13G?
Nomura entities report beneficial ownership of 3,393,348 shares of Destination XL Group common stock, representing 6.1% of the outstanding shares, based on 55,273,092 shares outstanding as of June 15, 2026.
How is the 6.1% ownership in DXLG calculated in Nomura’s Schedule 13G?
The 6.1% ownership is calculated using 55,273,092 shares of Destination XL common stock outstanding as of June 15, 2026, as reported in the issuer’s Schedule 14A proxy statement filed on July 17, 2026.
Which Nomura entities are reporting beneficial ownership of DXLG shares?
The reporting persons are Nomura Holdings, Inc. and its wholly owned subsidiary Nomura Global Financial Products, Inc., which is the entity that directly beneficially owns the 3,393,348 shares of Destination XL common stock.
What voting and dispositive powers over DXLG shares do the Nomura entities report?
The Nomura entities report 0 shares with sole voting or dispositive power and 3,393,348 shares with shared voting and shared dispositive power, reflecting joint authority over these Destination XL common shares.
Where is Destination XL Group (DXLG) headquartered according to this filing?
Destination XL Group’s principal executive offices are listed as 555 Turnpike Street, Canton, Massachusetts 02021, providing the issuer’s official corporate address in this ownership disclosure by the Nomura entities.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
DESTINATION XL GROUP, INC.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
25065K104
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
25065K104
1
Names of Reporting Persons
NOMURA HOLDINGS INC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
JAPAN
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,393,348.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,393,348.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,393,348.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.1 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: (1) Shared voting and dispositive power represents 3,393,348 shares of Common Stock beneficially owned by Nomura Global Financial Products, Inc. ("NGFP"). NGFP is a wholly owned subsidiary of Nomura Holdings, Inc., which accordingly may be deemed to beneficially own the shares of Common Stock beneficially owned by NGFP.
(2) The percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A filed with the SEC on July 17, 2026.
SCHEDULE 13G
CUSIP Number(s):
25065K104
1
Names of Reporting Persons
NOMURA GLOBAL FINANCIAL PRODUCTS INC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,393,348.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,393,348.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,393,348.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.1 %
12
Type of Reporting Person (See Instructions)
BD
Comment for Type of Reporting Person: (3) The percent of class is calculated based on 55,273,092 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's proxy statement on Schedule 14A filed with the SEC on July 17, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
DESTINATION XL GROUP, INC.
(b)
Address of issuer's principal executive offices:
555 Turnpike Street, Canton, Massachusetts 02021
Item 2.
(a)
Name of person filing:
Nomura Holdings, Inc.
Nomura Global Financial Products, Inc.
This Schedule 13G excludes securities beneficially owned, if any, by certain subsidiaries of Nomura Holdings Inc. whose beneficial ownership of securities are disaggregated from that of Nomura Holdings Inc. in accordance with SEC Release No. 34-39538 (January 12, 1998).
(b)
Address or principal business office or, if none, residence:
Nomura Holdings, Inc.:
13-1, Nihonbashi 1-chome, Chuo-ku, Tokyo 103-8645, Japan
Nomura Global Financial Products, Inc.:
Worldwide Plaza
309 West 49th Street
New York, NY 10019
(c)
Citizenship:
Nomura Holdings, Inc.:
Japan
Nomura Global Financial Products, Inc.:
Delaware
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP Number(s):
25065K104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Items 5-11 of the cover pages are incorporated by reference.
(b)
Percent of class:
Items 5-11 of the cover pages are incorporated by reference.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Items 5-11 of the cover pages are incorporated by reference.
(ii) Shared power to vote or to direct the vote:
Items 5-11 of the cover pages are incorporated by reference.
(iii) Sole power to dispose or to direct the disposition of:
Items 5-11 of the cover pages are incorporated by reference.
(iv) Shared power to dispose or to direct the disposition of:
Items 5-11 of the cover pages are incorporated by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit B
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
NOMURA HOLDINGS INC
Signature:
/s/ Samir Patel
Name/Title:
Samir Patel, Managing Director
Date:
08/14/2026
NOMURA GLOBAL FINANCIAL PRODUCTS INC
Signature:
/s/ Samir Patel
Name/Title:
Samir Patel, Authorized Officer
Date:
08/14/2026
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Subsidiaries
