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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
OSAM
76
O'Shaughnessy Asset Management
Connecticut
$2.47M +$2.59M +66,574 +21,972%
Geode Capital Management
77
Geode Capital Management
Massachusetts
$2.4M +$110K +2,823 +5%
AII
78
AGF Investments Inc
Ontario, Canada
$2.26M -$2.06M -52,984 -46%
Toronto Dominion Bank
79
Toronto Dominion Bank
Ontario, Canada
$2M +$2.21M +56,720 +111%
HSBC Holdings
80
HSBC Holdings
United Kingdom
$1.81M +$1.91M +49,061 New
CS
81
Credit Suisse
Switzerland
$1.58M -$47.6K -1,223 -3%
UBS Group
82
UBS Group
Switzerland
$1.41M +$1.42M +36,481 +2,179%
Assenagon Asset Management
83
Assenagon Asset Management
Luxembourg
$1.38M +$1.45M +37,290 New
GCC
84
Guardian Capital (Canada)
Ontario, Canada
$1.28M
Envestnet Asset Management
85
Envestnet Asset Management
Illinois
$1.21M +$284K +7,302 +29%
Millennium Management
86
Millennium Management
New York
$1.18M -$1.55M -39,926 -56%
ECM
87
Element Capital Management
New York
$1.15M +$1.21M +31,114 New
Citadel Advisors
88
Citadel Advisors
Florida
$1.15M +$1.21M +30,992 New
New York State Common Retirement Fund
89
New York State Common Retirement Fund
New York
$1.14M
SC
90
Scotia Capital
Ontario, Canada
$1.12M +$571K +14,666 +93%
Two Sigma Advisers
91
Two Sigma Advisers
New York
$1.05M +$1.1M +28,296 New
LCM
92
Laurion Capital Management
New York
$1.01M +$1.07M +27,400 New
PPA
93
Parametric Portfolio Associates
Washington
$952K +$48.2K +1,240 +5%
Legal & General Group
94
Legal & General Group
United Kingdom
$948K +$30.3K +780 +3%
Goldman Sachs
95
Goldman Sachs
New York
$842K -$8.09M -207,935 -90%
Stifel Financial
96
Stifel Financial
Missouri
$779K +$820K +21,078 New
FL
97
Fort LP
Maryland
$654K +$192K +4,929 +39%
NA
98
Navellier & Associates
Nevada
$614K +$647K +16,623 New
MME
99
Meag Munich Ergo
Germany
$609K
CIBC Private Wealth Group
100
CIBC Private Wealth Group
Georgia
$608K -$38.9K -1,000 -6%

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.