Descartes Systems
DSGX
94 hedge funds and large institutions have $1.32B invested in Descartes Systems in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 42 reducing their positions, and 4 closing their positions.
29,550% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $4K
15% more capital invested
Capital invested by funds: $1.15B → $1.32B (+$169M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1% less funds holding
Funds holding: 95 → 94 (-1)
38% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 42
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$61.2M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$10.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$8.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.44M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$45.7M |
| 2 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$7.47M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$6.43M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$5.95M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.84M |
DSGX Hedge Fund Activity: Q3 2016 in Review
94 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2016, worth a combined $1.32B — up 15% from $1.15B a quarter earlier.
Fund positioning in DSGX was balanced in Q3 2016: 4 funds opened new positions, 4 closed out, 26 added to existing stakes and 42 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $61.2M. The largest seller was Toronto Dominion Bank, cutting an estimated $45.7M.
- 94 institutional investors held Descartes Systems (DSGX) as of Q3 2016, down from 95 in Q2 2016.
- Funds reported $1.32B of Descartes Systems stock for Q3 2016, up 15% quarter-over-quarter.
- 4 funds opened new Descartes Systems positions in Q3 2016 and 4 closed out, a net change of 0 holders.
- The largest Descartes Systems buyer in Q3 2016 was Mawer Investment Management, an estimated $61.2M added.
- The largest Descartes Systems seller in Q3 2016 was Toronto Dominion Bank, an estimated $45.7M sold.
Based on aggregated 13F filings for Q3 2016.