Descartes Systems
DSGX
113 hedge funds and large institutions have $1.77B invested in Descartes Systems in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 41 reducing their positions, and 9 closing their positions.
165% more call options, than puts
Call options by funds: $114K | Put options by funds: $43K
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 109 → 113 (+4)
2.54% more ownership
Funds ownership: 78.37% → 80.92% (+2.5%)
4% more capital invested
Capital invested by funds: $1.7B → $1.77B (+$63.8M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$31.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$20.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$15.9M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$15.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.2M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$17.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$6.17M |
| 5 |
TLCM
Tiger Legatus Capital Management
New York
|
-$5.85M |
DSGX Hedge Fund Activity: Q1 2018 in Review
113 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2018, worth a combined $1.77B — up 3.7% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DSGX positions and 9 closed out — a net gain of 4 holders — while 37 added to existing stakes and 41 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $31.8M. The largest seller was Fidelity Investments, exiting entirely with an estimated $19.2M sold.
- 113 institutional investors held Descartes Systems (DSGX) as of Q1 2018, up from 109 in Q4 2017.
- Funds reported $1.77B of Descartes Systems stock for Q1 2018, up 3.7% quarter-over-quarter.
- 13 funds opened new Descartes Systems positions in Q1 2018 and 9 closed out, a net change of +4 holders.
- The largest Descartes Systems buyer in Q1 2018 was Janus Henderson Group, an estimated $31.8M added.
- The largest Descartes Systems seller in Q1 2018 was Fidelity Investments, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2018.