Ativo Capital Management’s Descartes Systems DSGX Stock Holding History

Ativo Capital Management’s Portfolio DSGX Stock Details DSGX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-15,830	Closed	-$1.49M	–	56
2025 Q3	$1.49M	Buy	15,830 +2,770	+21%	+$283K	1.26%	41
2025 Q2	$1.33M	Sell	13,060 -252	-2%	-$26.6K	1.19%	42
2025 Q1	$1.34M	Sell	13,312 -95	-0.7%	-$10.5K	1.15%	32
2024 Q4	$1.52M	Sell	13,407 -303	-2%	-$33.8K	1.51%	16
2024 Q3	$1.41M	Sell	13,710 -60	-0.4%	-$5.96K	1.23%	29
2024 Q2	$1.33M	Sell	13,770 -200	-1%	-$18.8K	1.38%	25
2024 Q1	$1.28M	Buy	13,970 +199	+1%	+$17.5K	1.28%	32
2023 Q4	$1.16M	Sell	13,771 -100	-0.7%	-$7.79K	1.24%	35
2023 Q3	$1.02M	Sell	13,871 -99	-0.7%	-$7.47K	1.15%	33
2023 Q2	$1.12M	Buy	+13,970	New	+$1.09M	1.18%	31
2018 Q1	–	Sell	-36,789	Closed	-$1.04M	–	229
2017 Q4	$1.04M	Hold	36,789	–	–	0.28%	177
2017 Q3	$1.01M	Sell	36,789 -59,000	-62%	-$1.56M	0.27%	167
2017 Q2	$2.33M	Hold	95,789	–	–	0.64%	31
2017 Q1	$2.19M	Buy	95,789 +36,789	+62%	+$810K	0.54%	50
2016 Q4	$1.26M	Hold	59,000	–	–	0.3%	117
2016 Q3	$1.27M	Hold	59,000	–	–	0.29%	102
2016 Q2	$1.13M	Hold	59,000	–	–	0.27%	115
2016 Q1	$1.15M	Hold	59,000	–	–	0.31%	88
2015 Q4	$1.19M	Hold	59,000	–	–	0.3%	93
2015 Q3	$1.1M	Buy	+59,000	New	+$1M	0.29%	94

Other funds holding DSGX

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $199B AUM 37.98% 1-Year Est. Return

CCA

Conestoga Capital Advisors Wayne, Pennsylvania $4.6B AUM 16.08% 1-Year Est. Return

Janus Henderson Group London $209B AUM 37.72% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

DCP

Durable Capital Partners Bethesda, Maryland $10.3B AUM 29.04% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Ativo Capital Management's DSGX Position: Q4 2025 in Review

Ativo Capital Management sold out of Descartes Systems (DSGX) in Q4 2025, closing a stake of 15,830 shares — an estimated $1.49M sold.

Ativo Capital Management first reported a position in DSGX in Q3 2015 and held it in 20 quarters. The position peaked at $2.33M in Q2 2017. 351 funds tracked by Wall St. Rank hold DSGX as of Q4 2025.

Ativo Capital Management reported no remaining Descartes Systems position as of Q4 2025 after selling out during the quarter.
Ativo Capital Management sold 15,830 Descartes Systems shares in Q4 2025, an estimated $1.49M.
Ativo Capital Management first reported a position in Descartes Systems in Q3 2015 and held it in 20 quarters.
Ativo Capital Management's Descartes Systems position peaked at $2.33M in Q2 2017.
351 funds tracked by Wall St. Rank held Descartes Systems as of Q4 2025.

Based on Ativo Capital Management's 13F filing for Q4 2025, filed 2 Feb 2026.