Descartes Systems
DSGX
302 hedge funds and large institutions have $6.08B invested in Descartes Systems in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 128 increasing their positions, 99 reducing their positions, and 27 closing their positions.
254% more call options, than puts
Call options by funds: $4.4M | Put options by funds: $1.25M
59% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 27
29% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 99
9% more capital invested
Capital invested by funds: $5.6B → $6.08B (+$482M)
5% more funds holding
Funds holding: 288 → 302 (+14)
0.22% less ownership
Funds ownership: 77.89% → 77.68% (-0.22%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$45.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$35.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$24.5M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$23M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$88.5M |
| 2 |
Morgan Stanley
New York
|
-$33.3M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$20.9M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$19.3M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$14.5M |
DSGX Hedge Fund Activity: Q1 2024 in Review
302 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2024, worth a combined $6.08B — up 8.6% from $5.6B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new DSGX positions and 27 closed out — a net gain of 16 holders — while 128 added to existing stakes and 99 trimmed.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $45.6M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $88.5M.
- 302 institutional investors held Descartes Systems (DSGX) as of Q1 2024, up from 288 in Q4 2023.
- Funds reported $6.08B of Descartes Systems stock for Q1 2024, up 8.6% quarter-over-quarter.
- 43 funds opened new Descartes Systems positions in Q1 2024 and 27 closed out, a net change of +16 holders.
- The largest Descartes Systems buyer in Q1 2024 was Westfield Capital Management, an estimated $45.6M added.
- The largest Descartes Systems seller in Q1 2024 was Jarislowsky, Fraser Ltd, an estimated $88.5M sold.
Based on aggregated 13F filings for Q1 2024.