Descartes Systems
DSGX
205 hedge funds and large institutions have $5.55B invested in Descartes Systems in 2021 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 80 increasing their positions, 75 reducing their positions, and 11 closing their positions.
209% more call options, than puts
Call options by funds: $1.68M | Put options by funds: $544K
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
17% more capital invested
Capital invested by funds: $4.73B → $5.55B (+$820M)
4% more funds holding
Funds holding: 198 → 205 (+7)
7% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 75
0.05% less ownership
Funds ownership: 80.15% → 80.11% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$27.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$21.1M |
| 3 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$15.3M |
| 4 |
Neuberger Berman Group
New York
|
+$13.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$54M |
| 2 |
Primecap Management
Pasadena,
California
|
-$27.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.7M |
| 4 |
Renaissance Technologies
New York
|
-$9.44M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.07M |
DSGX Hedge Fund Activity: Q3 2021 in Review
205 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2021, worth a combined $5.55B — up 17% from $4.73B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DSGX positions and 11 closed out — a net gain of 9 holders — while 80 added to existing stakes and 75 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $27.3M. The largest seller was Credit Suisse, cutting an estimated $54M.
- 205 institutional investors held Descartes Systems (DSGX) as of Q3 2021, up from 198 in Q2 2021.
- Funds reported $5.55B of Descartes Systems stock for Q3 2021, up 17% quarter-over-quarter.
- 20 funds opened new Descartes Systems positions in Q3 2021 and 11 closed out, a net change of +9 holders.
- The largest Descartes Systems buyer in Q3 2021 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $27.3M added.
- The largest Descartes Systems seller in Q3 2021 was Credit Suisse, an estimated $54M sold.
Based on aggregated 13F filings for Q3 2021.