Descartes Systems
DSGX
342 hedge funds and large institutions have $6.9B invested in Descartes Systems in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 131 increasing their positions, 122 reducing their positions, and 17 closing their positions.
118% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 17
7% more capital invested
Capital invested by funds: $6.45B → $6.9B (+$455M)
6% more funds holding
Funds holding: 323 → 342 (+19)
7% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 122
1% more call options, than puts
Call options by funds: $5.57M | Put options by funds: $5.52M
0.4% more ownership
Funds ownership: 77.76% → 78.16% (+0.4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$55.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$27.3M |
| 3 |
Millennium Management
New York
|
+$17.3M |
| 4 |
BlackRock
New York
|
+$13.9M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$7.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$17.3M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$16.3M |
| 3 |
Goldman Sachs
New York
|
-$14.1M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$13.8M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAF
351
Första AP-fonden
Stockholm,
Sweden
| – | -$107K | -1,100 | Closed |
|
|
T
352
TOBAM
Paris,
France
| – | -$103K | -774 | Closed |
|
|
IIM
353
Intact Investment Management
Montreal,
Quebec, Canada
| – | -$61K | -630 | Closed |
|
354
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$29.1K | -300 | Closed |
|
|
SWS
355
SYSTM Wealth Solutions
Chicago,
Illinois
| – | -$24.7K | -255 | Closed |
|
|
VAG
356
VisionPoint Advisory Group
Dallas,
Texas
| – | -$13.2K | -136 | Closed |
|
|
BF
357
BOK Financial
Tulsa,
Oklahoma
| – | -$8.23K | -85 | Closed |
|
|
CA
358
Crewe Advisors
Salt Lake City,
Utah
| – | -$4.84K | -50 | Closed |
|
|
SWM
359
Spire Wealth Management
Mclean,
Virginia
| – | -$1.74K | -18 | Closed |
|
DSGX Hedge Fund Activity: Q3 2024 in Review
342 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2024, worth a combined $6.9B — up 7.1% from $6.45B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new DSGX positions and 17 closed out — a net gain of 20 holders — while 131 added to existing stakes and 122 trimmed.
The largest buyer was National Bank of Canada, adding an estimated $55.3M. The largest seller was Triasima Portfolio Management, cutting an estimated $17.3M.
- 342 institutional investors held Descartes Systems (DSGX) as of Q3 2024, up from 323 in Q2 2024.
- Funds reported $6.9B of Descartes Systems stock for Q3 2024, up 7.1% quarter-over-quarter.
- 37 funds opened new Descartes Systems positions in Q3 2024 and 17 closed out, a net change of +20 holders.
- The largest Descartes Systems buyer in Q3 2024 was National Bank of Canada, an estimated $55.3M added.
- The largest Descartes Systems seller in Q3 2024 was Triasima Portfolio Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q3 2024.