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Descartes Systems

259 hedge funds and large institutions have $5.34B invested in Descartes Systems in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 98 increasing their positions, 95 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

3% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 95

1% more funds holding

Funds holding: 257259 (+2)

0.29% more ownership

Funds ownership: 77.94%78.23% (+0.29%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

1% less capital invested

Capital invested by funds: $5.41B → $5.34B (-$69M)

76% less call options, than puts

Call options by funds: $897K | Put options by funds: $3.81M

Holders
259
Holders Change
+2
Holders Change %
+0.78%
% of All Funds
4.07%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
30
Increased
98
Reduced
95
Closed
28
Calls
$897K
Puts
$3.81M
Net Calls
-$2.92M
Net Calls Change
-$3.13M
Name Holding Trade Value Shares
Change
Change in
Stake
HIM
51
Herald Investment Management
United Kingdom
$22.4M -$390K -5,000 -2%
Chevy Chase Trust
52
Chevy Chase Trust
Maryland
$22M -$1.79M -23,000 -8%
Man Group
53
Man Group
United Kingdom
$21.8M +$21.2M +271,840 New
Thrivent Financial for Lutherans
54
Thrivent Financial for Lutherans
Minnesota
$21.7M +$6.64M +85,275 +46%
1832 Asset Management
55
1832 Asset Management
Ontario, Canada
$21M -$831K -10,665 -4%
Public Employees Retirement Association of Colorado
56
Public Employees Retirement Association of Colorado
Colorado
$20.8M +$9.3M +119,420 +85%
American Century Companies
57
American Century Companies
Missouri
$20.6M -$464K -5,953 -2%
SIMG
58
Stephens Investment Management Group
Texas
$20.3M +$782K +10,036 +4%
Canada Pension Plan Investment Board
59
Canada Pension Plan Investment Board
Ontario, Canada
$19.3M -$1.02M -13,100 -5%
PI
60
Putnam Investments
Massachusetts
$18.7M +$1.61M +20,691 +10%
Two Sigma Investments
61
Two Sigma Investments
New York
$17.8M +$1.69M +21,683 +11%
JP Morgan Chase
62
JP Morgan Chase
New York
$17M +$2.81M +36,114 +20%
Northern Trust
63
Northern Trust
Illinois
$16.2M -$2.37M -30,443 -13%
Russell Investments Group
64
Russell Investments Group
United Kingdom
$15.8M +$6.63M +85,080 +76%
AllianceBernstein
65
AllianceBernstein
Tennessee
$15.6M +$3.93M +50,441 +35%
Public Sector Pension Investment Board (PSP Investments)
66
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$15M +$378K +4,858 +3%
AM
67
AGF Management
Ontario, Canada
$14.9M +$1.55M +19,848 +12%
Two Sigma Advisers
68
Two Sigma Advisers
New York
$14.5M +$3.93M +50,500 +39%
Sumitomo Mitsui Trust Group
69
Sumitomo Mitsui Trust Group
Japan
$13.7M -$2.99M -38,339 -18%
Fidelity International
70
Fidelity International
Bermuda
$13.2M
TPM
71
Triasima Portfolio Management
Quebec, Canada
$12.7M -$13.6M -174,195 -59%
DDC
72
DF Dent & Co
Maryland
$11.7M -$158K -2,024 -1%
Deutsche Bank
73
Deutsche Bank
Germany
$11.6M +$800K +10,265 +8%
Bank of New York Mellon
74
Bank of New York Mellon
New York
$11.4M -$55.4K -711 -0.5%
FAM
75
Fenimore Asset Management
New York
$10.8M +$5.92K +76 +0.1%

DSGX Hedge Fund Activity: Q2 2023 in Review

259 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2023, worth a combined $5.34B — down 1.3% from $5.41B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new DSGX positions and 28 closed out — a net gain of 2 holders — while 98 added to existing stakes and 95 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $41.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $69.2M.

  • 259 institutional investors held Descartes Systems (DSGX) as of Q2 2023, up from 257 in Q1 2023.
  • Funds reported $5.34B of Descartes Systems stock for Q2 2023, down 1.3% quarter-over-quarter.
  • 30 funds opened new Descartes Systems positions in Q2 2023 and 28 closed out, a net change of +2 holders.
  • The largest Descartes Systems buyer in Q2 2023 was Arrowstreet Capital, an estimated $41.7M added.
  • The largest Descartes Systems seller in Q2 2023 was T. Rowe Price Associates, an estimated $69.2M sold.

Based on aggregated 13F filings for Q2 2023.