Descartes Systems
DSGX
183 hedge funds and large institutions have $3.97B invested in Descartes Systems in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 63 increasing their positions, 70 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
8% more funds holding
Funds holding: 169 → 183 (+14)
7% more capital invested
Capital invested by funds: $3.7B → $3.97B (+$269M)
0.23% less ownership
Funds ownership: 81.96% → 81.73% (-0.23%)
10% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 70
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$72.2M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$36M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$27.6M |
| 4 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$18.3M |
| 5 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$39.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.5M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$26.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$13.1M |
| 5 |
Primecap Management
Pasadena,
California
|
-$12.5M |
DSGX Hedge Fund Activity: Q3 2020 in Review
183 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2020, worth a combined $3.97B — up 7.3% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DSGX positions and 13 closed out — a net gain of 14 holders — while 63 added to existing stakes and 70 trimmed.
The largest buyer was Credit Suisse, adding an estimated $72.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $39.1M.
- 183 institutional investors held Descartes Systems (DSGX) as of Q3 2020, up from 169 in Q2 2020.
- Funds reported $3.97B of Descartes Systems stock for Q3 2020, up 7.3% quarter-over-quarter.
- 27 funds opened new Descartes Systems positions in Q3 2020 and 13 closed out, a net change of +14 holders.
- The largest Descartes Systems buyer in Q3 2020 was Credit Suisse, an estimated $72.2M added.
- The largest Descartes Systems seller in Q3 2020 was T. Rowe Price Associates, an estimated $39.1M sold.
Based on aggregated 13F filings for Q3 2020.