Descartes Systems
DSGX
198 hedge funds and large institutions have $4.73B invested in Descartes Systems in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 82 increasing their positions, 71 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 71
13% more capital invested
Capital invested by funds: $4.18B → $4.73B (+$542M)
4% more funds holding
Funds holding: 191 → 198 (+7)
0.12% less ownership
Funds ownership: 80.27% → 80.15% (-0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$33.7M |
| 2 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$27.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.5M |
| 2 |
RA
Royce & Associates
New York
|
-$27.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$25.2M |
| 4 |
Primecap Management
Pasadena,
California
|
-$17.3M |
| 5 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$11.5M |
DSGX Hedge Fund Activity: Q2 2021 in Review
198 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2021, worth a combined $4.73B — up 13% from $4.18B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DSGX positions and 12 closed out — a net gain of 8 holders — while 82 added to existing stakes and 71 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $33.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $31.5M.
- 198 institutional investors held Descartes Systems (DSGX) as of Q2 2021, up from 191 in Q1 2021.
- Funds reported $4.73B of Descartes Systems stock for Q2 2021, up 13% quarter-over-quarter.
- 20 funds opened new Descartes Systems positions in Q2 2021 and 12 closed out, a net change of +8 holders.
- The largest Descartes Systems buyer in Q2 2021 was Fiera Capital (Canada), an estimated $33.7M added.
- The largest Descartes Systems seller in Q2 2021 was T. Rowe Price Associates, an estimated $31.5M sold.
Based on aggregated 13F filings for Q2 2021.