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Descartes Systems

150 hedge funds and large institutions have $2.61B invested in Descartes Systems in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 49 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 12

22% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 49

13% more capital invested

Capital invested by funds: $2.3B → $2.61B (+$310M)

13% more funds holding

Funds holding: 133150 (+17)

2.19% more ownership

Funds ownership: 81.68%83.87% (+2.2%)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
150
Holders Change
+17
Holders Change %
+12.78%
% of All Funds
3.26%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
29
Increased
60
Reduced
49
Closed
12
Calls
$15K
Puts
Net Calls
+$15K
Net Calls Change
-$3.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
51
Canada Life
Manitoba, Canada
$6.97M -$3.78M -97,130 -34%
SIM
52
Spark Investment Management
New York
$6.7M +$7.04M +181,000 New
MIM
53
Monashee Investment Management
Massachusetts
$6.64M +$6.99M +179,659 New
DZ Bank
54
DZ Bank
Germany
$6.48M +$817K +21,000 +14%
JP Morgan Chase
55
JP Morgan Chase
New York
$6.3M +$6.27M +161,091 +1,499%
Russell Investments Group
56
Russell Investments Group
United Kingdom
$6.22M +$368K +9,454 +6%
Thrivent Financial for Lutherans
57
Thrivent Financial for Lutherans
Minnesota
$5.56M -$262K -6,725 -4%
BCIM
58
British Columbia Investment Management
British Columbia, Canada
$5.43M -$492K -12,639 -8%
Swiss National Bank
59
Swiss National Bank
Switzerland
$5.35M +$136K +3,500 +2%
CP
60
Cumberland Partners
Ontario, Canada
$4.8M -$447K -11,500 -8%
SO
61
STRS Ohio
Ohio
$4.62M
CTA
62
Carillon Tower Advisers
Florida
$4.46M +$91.4K +2,350 +2%
CIBC World Market
63
CIBC World Market
Ontario, Canada
$4.35M +$2.88M +73,986 +170%
Susquehanna International Group
64
Susquehanna International Group
Pennsylvania
$4.2M -$2.78M -71,512 -15%
CF
65
Centaurus Financial
California
$4.12M +$4.18M +107,367 +2,527%
NC
66
NBW Capital
Massachusetts
$4.01M -$134K -3,435 -3%
Bank of New York Mellon
67
Bank of New York Mellon
New York
$3.52M -$182K -4,680 -5%
CIBC Asset Management
68
CIBC Asset Management
Ontario, Canada
$3.46M -$15.1M -388,605 -81%
Bank of America
69
Bank of America
North Carolina
$3.3M +$2.37M +60,847 +215%
Fidelity International
70
Fidelity International
Bermuda
$3.16M -$3.17M -81,409 -49%
Comerica Bank
71
Comerica Bank
Texas
$3.04M -$3.11K -80 -0.1%
State of Tennessee, Department of Treasury
72
State of Tennessee, Department of Treasury
Tennessee
$2.83M -$923K -23,727 -24%
Neuberger Berman Group
73
Neuberger Berman Group
New York
$2.6M +$1.04M +26,797 +62%
HIM
74
Hillsdale Investment Management
Ontario, Canada
$2.58M -$3.18M -81,700 -54%
DDC
75
DF Dent & Co
Maryland
$2.47M +$30.5K +785 +1%

DSGX Hedge Fund Activity: Q2 2019 in Review

150 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2019, worth a combined $2.61B — up 13% from $2.3B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new DSGX positions and 12 closed out — a net gain of 17 holders — while 60 added to existing stakes and 49 trimmed.

The largest buyer was Primecap Management, adding an estimated $109M. The largest seller was Mackenzie Financial, cutting an estimated $22.2M.

  • 150 institutional investors held Descartes Systems (DSGX) as of Q2 2019, up from 133 in Q1 2019.
  • Funds reported $2.61B of Descartes Systems stock for Q2 2019, up 13% quarter-over-quarter.
  • 29 funds opened new Descartes Systems positions in Q2 2019 and 12 closed out, a net change of +17 holders.
  • The largest Descartes Systems buyer in Q2 2019 was Primecap Management, an estimated $109M added.
  • The largest Descartes Systems seller in Q2 2019 was Mackenzie Financial, an estimated $22.2M sold.

Based on aggregated 13F filings for Q2 2019.