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Descartes Systems

152 hedge funds and large institutions have $2.34B invested in Descartes Systems in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 64 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

1.06% more ownership

Funds ownership: 79.72%80.78% (+1.1%)

4% less funds holding

Funds holding: 158152 (-6)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

16% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 64

19% less capital invested

Capital invested by funds: $2.88B → $2.34B (-$545M)

Holders
152
Holders Change
-6
Holders Change %
-3.8%
% of All Funds
3.35%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
20
Increased
54
Reduced
64
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
State of Tennessee, Department of Treasury
76
State of Tennessee, Department of Treasury
Tennessee
$2.65M -$329K -7,920 -9%
D.E. Shaw & Co
77
D.E. Shaw & Co
New York
$2.46M +$2.22M +53,300 +294%
CS
78
Credit Suisse
Switzerland
$2.31M +$473K +11,374 +20%
OSAM
79
O'Shaughnessy Asset Management
Connecticut
$2.15M -$122K -2,945 -4%
CIBC Asset Management
80
CIBC Asset Management
Ontario, Canada
$2.15M -$1.26M -30,412 -33%
AAMU
81
AEGON Asset Management (UK)
United Kingdom
$1.75M
HIM
82
Hillsdale Investment Management
Ontario, Canada
$1.55M -$553K -13,300 -23%
MWNA
83
Marshall Wace North America
New York
$1.51M +$1.83M +44,126 New
PPA
84
Parametric Portfolio Associates
Washington
$1.36M +$517K +12,443 +46%
CIBC World Market
85
CIBC World Market
Ontario, Canada
$1.28M -$1.71M -41,191 -52%
Legal & General Group
86
Legal & General Group
United Kingdom
$1.28M +$367K +8,815 +31%
Envestnet Asset Management
87
Envestnet Asset Management
Illinois
$1.24M -$58.2K -1,399 -4%
State of Wisconsin Investment Board
88
State of Wisconsin Investment Board
Wisconsin
$1.18M +$827K +19,882 +135%
Toronto Dominion Bank
89
Toronto Dominion Bank
Ontario, Canada
$1.16M -$632K -15,211 -31%
New York State Common Retirement Fund
90
New York State Common Retirement Fund
New York
$1.06M
SC
91
Scotia Capital
Ontario, Canada
$1.04M +$34.5K +829 +3%
Marshall Wace
92
Marshall Wace
United Kingdom
$1.02M +$1.24M +29,893 New
Two Sigma Investments
93
Two Sigma Investments
New York
$914K +$38.5K +925 +4%
Stifel Financial
94
Stifel Financial
Missouri
$905K -$85.6K -2,060 -7%
Arrowstreet Capital
95
Arrowstreet Capital
Massachusetts
$806K +$973K +23,400 New
Dimensional Fund Advisors
96
Dimensional Fund Advisors
Texas
$773K +$179K +4,300 +24%
WMSA
97
Weiss Multi-Strategy Advisers
New York
$668K -$44.9K -1,079 -5%
FL
98
Fort LP
Maryland
$595K +$239K +5,746 +50%
MME
99
Meag Munich Ergo
Germany
$564K
QC
100
Quadrature Capital
United Kingdom
$535K -$2.59M -62,400 -80%

DSGX Hedge Fund Activity: Q1 2020 in Review

152 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2020, worth a combined $2.34B — down 19% from $2.88B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of DSGX and 20 opened new positions — a net loss of 3 holders — while 64 trimmed existing stakes and 54 added.

The largest buyer was Durable Capital Partners, opening a new position worth an estimated $19M. The largest seller was Janus Henderson Group, cutting an estimated $45.1M.

  • 152 institutional investors held Descartes Systems (DSGX) as of Q1 2020, down from 158 in Q4 2019.
  • Funds reported $2.34B of Descartes Systems stock for Q1 2020, down 19% quarter-over-quarter.
  • 20 funds opened new Descartes Systems positions in Q1 2020 and 23 closed out, a net change of -3 holders.
  • The largest Descartes Systems buyer in Q1 2020 was Durable Capital Partners, an estimated $19M added.
  • The largest Descartes Systems seller in Q1 2020 was Janus Henderson Group, an estimated $45.1M sold.

Based on aggregated 13F filings for Q1 2020.