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Descartes Systems

133 hedge funds and large institutions have $2.3B invested in Descartes Systems in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,474% more call options, than puts

Call options by funds: $4.07M | Put options by funds: $73K

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

39% more capital invested

Capital invested by funds: $1.65B → $2.3B (+$644M)

33% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 42

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

4% more funds holding

Funds holding: 128133 (+5)

0.43% more ownership

Funds ownership: 81.25%81.68% (+0.43%)

Holders
133
Holders Change
+5
Holders Change %
+3.91%
% of All Funds
2.88%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
14
Increased
56
Reduced
42
Closed
9
Calls
$4.07M
Puts
$73K
Net Calls
+$4M
Net Calls Change
+$5.21M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
76
Neuberger Berman Group
New York
$1.58M
HAM
77
Highstreet Asset Management
Ontario, Canada
$1.33M -$1.14M -35,254 -49%
GCC
78
Guardian Capital (Canada)
Ontario, Canada
$1.26M -$400K -12,375 -26%
New York State Common Retirement Fund
79
New York State Common Retirement Fund
New York
$1.13M
Bank of America
80
Bank of America
North Carolina
$1.03M +$727K +22,476 +383%
Marshall Wace
81
Marshall Wace
United Kingdom
$993K +$881K +27,251 +46,188%
Envestnet Asset Management
82
Envestnet Asset Management
Illinois
$927K +$134K +4,153 +19%
Legal & General Group
83
Legal & General Group
United Kingdom
$901K
PPA
84
Parametric Portfolio Associates
Washington
$892K -$576K -17,797 -42%
CIBC Private Wealth Group
85
CIBC Private Wealth Group
Georgia
$635K
MME
86
Meag Munich Ergo
Germany
$596K -$47.9K -1,480 -8%
AllianceBernstein
87
AllianceBernstein
Tennessee
$584K +$520K +16,064 New
SC
88
Scotia Capital
Ontario, Canada
$569K -$43.8K -1,354 -8%
Dimensional Fund Advisors
89
Dimensional Fund Advisors
Texas
$501K
Truist Financial
90
Truist Financial
North Carolina
$479K -$4.53K -140 -1%
FL
91
Fort LP
Maryland
$465K +$79.2K +2,449 +24%
CAM
92
Claret Asset Management
Quebec, Canada
$396K +$27.7K +857 +9%
JP Morgan Chase
93
JP Morgan Chase
New York
$391K +$208K +6,440 +149%
SSWM
94
Sheets Smith Wealth Management
North Carolina
$368K +$327K +10,115 New
CCIA
95
Campbell & Co Investment Adviser
Maryland
$355K +$316K +9,756 New
NMIMC
96
Northwestern Mutual Investment Management Company
Wisconsin
$350K +$120K +3,723 +63%
RMCM
97
Reynders McVeigh Capital Management
Massachusetts
$294K -$35.6K -1,100 -12%
SB
98
Suntrust Banks
Georgia
$285K -$16.8K -519 -6%
CSS
99
Cubist Systematic Strategies
Connecticut
$285K +$253K +7,831 New
QI
100
Qtron Investments
Massachusetts
$275K +$245K +7,570 New

DSGX Hedge Fund Activity: Q1 2019 in Review

133 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2019, worth a combined $2.3B — up 39% from $1.65B a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new DSGX positions and 9 closed out — a net gain of 5 holders — while 56 added to existing stakes and 42 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $26M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $42.2M sold.

  • 133 institutional investors held Descartes Systems (DSGX) as of Q1 2019, up from 128 in Q4 2018.
  • Funds reported $2.3B of Descartes Systems stock for Q1 2019, up 39% quarter-over-quarter.
  • 14 funds opened new Descartes Systems positions in Q1 2019 and 9 closed out, a net change of +5 holders.
  • The largest Descartes Systems buyer in Q1 2019 was Mackenzie Financial, an estimated $26M added.
  • The largest Descartes Systems seller in Q1 2019 was ArrowMark Colorado Holdings, an estimated $42.2M sold.

Based on aggregated 13F filings for Q1 2019.