Descartes Systems
DSGX
79 hedge funds and large institutions have $972M invested in Descartes Systems in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
5% more funds holding
Funds holding: 75 → 79 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
0% less capital invested
Capital invested by funds: $974M → $972M (-$1.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.9M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$8.24M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.34M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$2.97M |
| 5 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$13.2M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$10.2M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$7.85M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$6.46M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$3.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Zurich Cantonal Bank
Zurich,
Switzerland
| $6K | – | – | – |
|
|
IPC
77
Independent Portfolio Consultants
Boca Raton,
Florida
| $3K | – | – | – |
|
78
Barclays
London,
United Kingdom
| $2K | +$1.55K | +100 | New |
|
|
79
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$7.85M | -520,455 | Closed |
|
|
WCA
80
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$347K | -23,008 | Closed |
|
|
BIT
81
BlackRock Institutional Trust
San Francisco,
California
| – | -$42K | -2,774 | Closed |
|
82
Citigroup
New York
| – | -$23.6K | -1,517 | -98% |
|
83
AllianceBernstein
Nashville,
Tennessee
| – | -$21K | -1,400 | Closed |
|
DSGX Hedge Fund Activity: Q2 2015 in Review
79 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2015, worth a combined $972M — down 0.19% from $974M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DSGX positions and 4 closed out — a net gain of 6 holders — while 28 added to existing stakes and 28 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $16.9M. The largest seller was Mawer Investment Management, cutting an estimated $13.2M.
- 79 institutional investors held Descartes Systems (DSGX) as of Q2 2015, up from 75 in Q1 2015.
- Funds reported $972M of Descartes Systems stock for Q2 2015, down 0.19% quarter-over-quarter.
- 10 funds opened new Descartes Systems positions in Q2 2015 and 4 closed out, a net change of +6 holders.
- The largest Descartes Systems buyer in Q2 2015 was T. Rowe Price Associates, an estimated $16.9M added.
- The largest Descartes Systems seller in Q2 2015 was Mawer Investment Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2015.