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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
Zurich Cantonal Bank
76
Zurich Cantonal Bank
Switzerland
$71K
WTC
77
WhitTier Trust Company
Nevada
$59K
Bank of America
78
Bank of America
North Carolina
$51K +$15.9K +905 +53%
UBS Group
79
UBS Group
Switzerland
$44K +$13.1K +746 +50%
AIM
80
Acrospire Investment Management
Illinois
$39K +$35.2K +2,005 New
LTFS
81
Ladenburg Thalmann Financial Services
Florida
$30K +$3.13K +178 +13%
BIT
82
BlackRock Institutional Trust
California
$30K +$27.5K +1,563 New
WT
83
Whittier Trust
California
$20K
JP Morgan Chase
84
JP Morgan Chase
New York
$19K +$13.8K +783 +408%
IPC
85
Independent Portfolio Consultants
Florida
$17K +$4.66K +265 +45%
WAM
86
Wealthspire Advisors (Maryland)
Maryland
$15K
TCAM
87
Turtle Creek Asset Management
Ontario, Canada
$6K -$4.69M -266,892 -100%
TDC
88
Thompson Davis & Co
Virginia
$5K -$8.78K -500 -67%
US Bancorp
89
US Bancorp
Minnesota
$2K
Northwestern Mutual Wealth Management
90
Northwestern Mutual Wealth Management
Wisconsin
$2K +$2.06K +117 New
MFS
91
MSI Financial Services
Massachusetts
$1K
Geode Capital Management
92
Geode Capital Management
Massachusetts
$639 +$92.5K +5,268 +19%
Mackenzie Financial
93
Mackenzie Financial
Ontario, Canada
-$12.7M -630,154 Closed
BCM
94
Barometer Capital Management
Ontario, Canada
-$6.04M -217,100 Closed
Kayne Anderson Rudnick Investment Management
95
Kayne Anderson Rudnick Investment Management
California
-$3.61M -179,907 Closed
State of Tennessee, Department of Treasury
96
State of Tennessee, Department of Treasury
Tennessee
-$2.21M -110,140 Closed
CPS
97
Counsel Portfolio Services
Ontario, Canada
-$2.13M -106,064 Closed
Jane Street
98
Jane Street
New York
-$1.68M -83,582 Closed
AssetMark Inc
99
AssetMark Inc
California
-$1.07M -60,827 -100%
CAM
100
Chesapeake Asset Management
New York
-$460K -22,835 Closed

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.