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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
HAM
51
Highstreet Asset Management
Ontario, Canada
$694K +$307K +17,447 +96%
Goldman Sachs
52
Goldman Sachs
New York
$675K +$82.5K +4,696 +16%
CS
53
Credit Suisse
Switzerland
$613K -$236K -13,428 -30%
Norges Bank
54
Norges Bank
Norway
$489K +$439K +25,000 New
CIBC World Market
55
CIBC World Market
Ontario, Canada
$457K -$1.26M -71,483 -75%
Bank of Nova Scotia
56
Bank of Nova Scotia
Ontario, Canada
$408K +$126K +7,145 +52%
D.E. Shaw & Co
57
D.E. Shaw & Co
New York
$391K -$267K -15,200 -43%
Morgan Stanley
58
Morgan Stanley
New York
$341K -$387K -22,000 -56%
CL
59
Croft-Leominster
Maryland
$331K
PPA
60
Parametric Portfolio Associates
Washington
$330K +$298K +16,935 New
Deutsche Bank
61
Deutsche Bank
Germany
$299K -$178K -10,129 -40%
AQR Capital Management
62
AQR Capital Management
Connecticut
$282K
AWCI
63
Alpine Woods Capital Investors
New York
$278K +$58.3K +3,316 +30%
NIMI
64
Natixis Investment Managers International
France
$275K +$134K +7,645 +119%
PI
65
PineBridge Investments
New York
$253K +$79.7K +4,534 +83%
WIC
66
Woodmont Investment Counsel
Tennessee
$246K +$221K +12,600 New
RCAMU
67
Rothschild & Co Asset Management US
Connecticut
$237K +$165K +9,374 New
SC
68
Scotia Capital
Ontario, Canada
$234K +$212K +12,061 New
Wells Fargo
69
Wells Fargo
California
$226K +$204K +11,587 New
SAM
70
Shell Asset Management
Netherlands
$220K +$13.4K +763 +10%
GT
71
Glenmede Trust
Pennsylvania
$163K
HIM
72
Hillsdale Investment Management
Ontario, Canada
$159K -$5.19M -295,570 -97%
Legal & General Group
73
Legal & General Group
United Kingdom
$143K +$128K +7,300 New
Envestnet Asset Management
74
Envestnet Asset Management
Illinois
$124K +$111K +6,335 New
PNC Financial Services Group
75
PNC Financial Services Group
Pennsylvania
$98K

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.