Descartes Systems
DSGX
259 hedge funds and large institutions have $5.34B invested in Descartes Systems in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 98 increasing their positions, 95 reducing their positions, and 28 closing their positions.
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
3% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 95
1% more funds holding
Funds holding: 257 → 259 (+2)
0.29% more ownership
Funds ownership: 77.94% → 78.23% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $5.41B → $5.34B (-$69M)
76% less call options, than puts
Call options by funds: $897K | Put options by funds: $3.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$41.7M |
| 2 |
Man Group
London,
United Kingdom
|
+$21.2M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$20.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$20.2M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$69.2M |
| 2 |
Goldman Sachs
New York
|
-$28.5M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$22.5M |
| 4 |
Primecap Management
Pasadena,
California
|
-$19.6M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$17.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FC
276
FORA Capital
Miami,
Florida
| – | -$242K | -2,997 | Closed |
|
|
WC
277
Waterloo Capital
Austin,
Texas
| – | -$219K | -2,718 | Closed |
|
|
SW
278
SVB Wealth
Boston,
Massachusetts
| – | -$203K | -2,513 | Closed |
|
|
CFB
279
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$18.4K | -228 | Closed |
|
|
BBHC
280
Brown Brothers Harriman & Co
New York
| – | -$15.5K | -192 | Closed |
|
|
HWM
281
HighMark Wealth Management
St. Paul,
Minnesota
| – | -$11.5K | -143 | Closed |
|
|
ASN
282
Advisory Services Network
Atlanta,
Georgia
| – | -$5.56K | -69 | Closed |
|
283
Optiver Holding
Amsterdam,
Netherlands
| – | -$4.35K | -54 | Closed |
|
|
AAS
284
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$2.02K | -25 | Closed |
|
|
BAM
285
Belpointe Asset Management
Reno,
Nevada
| – | -$1.05K | -13 | Closed |
|
|
SSC
286
Syverson Strege & Co
West Des Moines,
Iowa
| – | -$564 | -7 | Closed |
|
|
SC
287
Schubert & Co
Mckinney,
Texas
| – | -$485 | -6 | Closed |
|
DSGX Hedge Fund Activity: Q2 2023 in Review
259 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2023, worth a combined $5.34B — down 1.3% from $5.41B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new DSGX positions and 28 closed out — a net gain of 2 holders — while 98 added to existing stakes and 95 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $41.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $69.2M.
- 259 institutional investors held Descartes Systems (DSGX) as of Q2 2023, up from 257 in Q1 2023.
- Funds reported $5.34B of Descartes Systems stock for Q2 2023, down 1.3% quarter-over-quarter.
- 30 funds opened new Descartes Systems positions in Q2 2023 and 28 closed out, a net change of +2 holders.
- The largest Descartes Systems buyer in Q2 2023 was Arrowstreet Capital, an estimated $41.7M added.
- The largest Descartes Systems seller in Q2 2023 was T. Rowe Price Associates, an estimated $69.2M sold.
Based on aggregated 13F filings for Q2 2023.