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Descartes Systems

75 hedge funds and large institutions have $974M invested in Descartes Systems in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 3

12% more funds holding

Funds holding: 6775 (+8)

0% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 25

0% less capital invested

Capital invested by funds: $978M → $974M (-$4.5M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
75
Holders Change
+8
Holders Change %
+11.94%
% of All Funds
2%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
11
Increased
25
Reduced
25
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HIM
26
Herald Investment Management
United Kingdom
$8.22M
Canada Pension Plan Investment Board
27
Canada Pension Plan Investment Board
Ontario, Canada
$7.85M -$2.57M -170,400 -25%
GIP
28
Granite Investment Partners
California
$7.13M +$3.81M +252,587 +114%
Toronto Dominion Bank
29
Toronto Dominion Bank
Ontario, Canada
$6.66M -$16.6M -1,099,200 -71%
Renaissance Technologies
30
Renaissance Technologies
New York
$5.67M +$199K +13,211 +4%
TCAM
31
Turtle Creek Asset Management
Ontario, Canada
$3.7M +$293K +19,400 +9%
UBS AM
32
UBS AM
Illinois
$3.52M +$22.6K +1,500 +0.6%
DCM
33
Driehaus Capital Management
Illinois
$2.17M -$231K -15,276 -10%
Northern Trust
34
Northern Trust
Illinois
$1.88M +$1.88M +124,794 New
CPS
35
Counsel Portfolio Services
Ontario, Canada
$1.78M +$157K +10,400 +10%
Morgan Stanley
36
Morgan Stanley
New York
$1.74M +$542K +35,895 +45%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$1.45M +$175K +11,571 +14%
Swiss National Bank
38
Swiss National Bank
Switzerland
$1.3M
Fidelity Investments
39
Fidelity Investments
Massachusetts
$1.18M -$168K -11,100 -12%
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$1.06M +$738K +48,900 +225%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$915K +$917K +60,738 New
NJBEST
42
New Jersey Better Educational Savings Trust
New Jersey
$904K
SI
43
Scout Investments
Missouri
$843K +$845K +56,000 New
Two Sigma Investments
44
Two Sigma Investments
New York
$787K +$787K +52,151 New
Deutsche Bank
45
Deutsche Bank
Germany
$710K +$647K +42,830 +966%
CIBC World Market
46
CIBC World Market
Ontario, Canada
$629K -$719K -47,600 -53%
HIM
47
Hillsdale Investment Management
Ontario, Canada
$490K +$142K +9,400 +41%
CS
48
Credit Suisse
Switzerland
$395K +$173K +11,480 +78%
BCIM
49
British Columbia Investment Management
British Columbia, Canada
$395K +$501K +33,200 New
SIM
50
Spark Investment Management
New York
$391K +$393K +26,000 New

DSGX Hedge Fund Activity: Q1 2015 in Review

75 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2015, worth a combined $974M — down 0.46% from $978M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new DSGX positions and 3 closed out — a net gain of 8 holders — while 25 added to existing stakes and 25 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $13.8M. The largest seller was Toronto Dominion Bank, cutting an estimated $16.6M.

  • 75 institutional investors held Descartes Systems (DSGX) as of Q1 2015, up from 67 in Q4 2014.
  • Funds reported $974M of Descartes Systems stock for Q1 2015, down 0.46% quarter-over-quarter.
  • 11 funds opened new Descartes Systems positions in Q1 2015 and 3 closed out, a net change of +8 holders.
  • The largest Descartes Systems buyer in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $13.8M added.
  • The largest Descartes Systems seller in Q1 2015 was Toronto Dominion Bank, an estimated $16.6M sold.

Based on aggregated 13F filings for Q1 2015.