Descartes Systems
DSGX
349 hedge funds and large institutions have $4.93B invested in Descartes Systems in 2026 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 139 increasing their positions, 122 reducing their positions, and 54 closing their positions.
246% more call options, than puts
Call options by funds: $15.7M | Put options by funds: $4.53M
14% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 122
4.12% more ownership
Funds ownership: 75.81% → 79.93% (+4.1%)
9% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 54
1% less funds holding
Funds holding: 351 → 349 (-2)
14% less capital invested
Capital invested by funds: $5.72B → $4.93B (-$798M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$139M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$91.5M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$79.6M |
| 4 |
Two Sigma Investments
New York
|
+$53M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$52.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$150M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$68.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53.8M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$39.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$35.8M |
DSGX Hedge Fund Activity: Q1 2026 in Review
349 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2026, worth a combined $4.93B — down 14% from $5.72B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new DSGX positions and 54 closed out — a net gain of 5 holders — while 139 added to existing stakes and 122 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $139M. The largest seller was Durable Capital Partners, exiting entirely with an estimated $150M sold.
- 349 institutional investors held Descartes Systems (DSGX) as of Q1 2026, down from 351 in Q4 2025.
- Funds reported $4.93B of Descartes Systems stock for Q1 2026, down 14% quarter-over-quarter.
- 59 funds opened new Descartes Systems positions in Q1 2026 and 54 closed out, a net change of +5 holders.
- The largest Descartes Systems buyer in Q1 2026 was T. Rowe Price Investment Management, an estimated $139M added.
- The largest Descartes Systems seller in Q1 2026 was Durable Capital Partners, an estimated $150M sold.
Based on aggregated 13F filings for Q1 2026.