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Descartes Systems

93 hedge funds and large institutions have $1.24B invested in Descartes Systems in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

10,744% more call options, than puts

Call options by funds: $976K | Put options by funds: $9K

3% less capital invested

Capital invested by funds: $1.27B → $1.24B (-$32M)

3% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 32

4% less funds holding

Funds holding: 9793 (-4)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

24% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 17

Holders
93
Holders Change
-4
Holders Change %
-4.12%
% of All Funds
2.48%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
13
Increased
31
Reduced
32
Closed
17
Calls
$976K
Puts
$9K
Net Calls
+$967K
Net Calls Change
-$4.9M
Name Holding Trade Value Shares
Change
Change in
Stake
HIM
26
Herald Investment Management
United Kingdom
$10.7M
Fidelity International
27
Fidelity International
Bermuda
$10.2M +$1.29M +73,630 +16%
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$10M -$5.29M -300,998 -37%
American Century Companies
29
American Century Companies
Missouri
$9.6M -$296K -16,860 -3%
AC
30
Addenda Capital
Quebec, Canada
$9.53M +$73.5K +4,184 +0.9%
Renaissance Technologies
31
Renaissance Technologies
New York
$9.26M +$265K +15,100 +3%
GIP
32
Granite Investment Partners
California
$9.16M -$33.7K -1,920 -0.4%
CIBC Asset Management
33
CIBC Asset Management
Ontario, Canada
$6.51M -$2.63M -149,469 -31%
DCM
34
Driehaus Capital Management
Illinois
$5.6M +$2.47M +140,504 +95%
Arrowstreet Capital
35
Arrowstreet Capital
Massachusetts
$4M -$3.34M -190,149 -48%
NC
36
Nicholas Company
Wisconsin
$3.77M +$37.6K +2,140 +1%
BCIM
37
British Columbia Investment Management
British Columbia, Canada
$3.38M
T
38
TOBAM
France
$3.05M +$1.35M +76,700 +96%
Northern Trust
39
Northern Trust
Illinois
$2.92M +$275K +15,644 +11%
Swiss National Bank
40
Swiss National Bank
Switzerland
$2.43M +$466K +26,500 +26%
SI
41
Scout Investments
Missouri
$2.19M
Bank of New York Mellon
42
Bank of New York Mellon
New York
$1.87M -$55.8K -3,174 -3%
RFC
43
Russell Frank Company
Washington
$1.86M +$1.67M +95,159 New
NIP
44
Nicholas Investment Partners
California
$1.79M -$188K -10,704 -10%
Fidelity Investments
45
Fidelity Investments
Massachusetts
$1.52M
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$1.26M -$19.2K -1,094 -2%
Invesco
47
Invesco
Georgia
$1.26M +$24.5K +1,392 +2%
ACM
48
Ativo Capital Management
Illinois
$1.15M
GCC
49
Guardian Capital (Canada)
Ontario, Canada
$889K
UBS AM
50
UBS AM
Illinois
$700K -$3.96M -225,668 -86%

DSGX Hedge Fund Activity: Q1 2016 in Review

93 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2016, worth a combined $1.24B — down 2.5% from $1.27B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of DSGX and 13 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 31 added.

The largest buyer was Bank of Montreal, adding an estimated $15.3M. The largest seller was Fiera Capital (Canada), cutting an estimated $19.2M.

  • 93 institutional investors held Descartes Systems (DSGX) as of Q1 2016, down from 97 in Q4 2015.
  • Funds reported $1.24B of Descartes Systems stock for Q1 2016, down 2.5% quarter-over-quarter.
  • 13 funds opened new Descartes Systems positions in Q1 2016 and 17 closed out, a net change of -4 holders.
  • The largest Descartes Systems buyer in Q1 2016 was Bank of Montreal, an estimated $15.3M added.
  • The largest Descartes Systems seller in Q1 2016 was Fiera Capital (Canada), an estimated $19.2M sold.

Based on aggregated 13F filings for Q1 2016.