Descartes Systems
DSGX
191 hedge funds and large institutions have $4.05B invested in Descartes Systems in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 65 increasing their positions, 79 reducing their positions, and 17 closing their positions.
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
4% more funds holding
Funds holding: 183 → 191 (+8)
2% more capital invested
Capital invested by funds: $3.97B → $4.05B (+$73.9M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.71% less ownership
Funds ownership: 81.73% → 81.01% (-0.71%)
18% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$28.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$18.2M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$17.7M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$8.82M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$31.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$26.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.2M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$21.9M |
| 5 |
Primecap Management
Pasadena,
California
|
-$13.7M |
DSGX Hedge Fund Activity: Q4 2020 in Review
191 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q4 2020, worth a combined $4.05B — up 1.9% from $3.97B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new DSGX positions and 17 closed out — a net gain of 8 holders — while 65 added to existing stakes and 79 trimmed.
The largest buyer was Echo Street Capital Management, adding an estimated $28.8M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $31.4M.
- 191 institutional investors held Descartes Systems (DSGX) as of Q4 2020, up from 183 in Q3 2020.
- Funds reported $4.05B of Descartes Systems stock for Q4 2020, up 1.9% quarter-over-quarter.
- 25 funds opened new Descartes Systems positions in Q4 2020 and 17 closed out, a net change of +8 holders.
- The largest Descartes Systems buyer in Q4 2020 was Echo Street Capital Management, an estimated $28.8M added.
- The largest Descartes Systems seller in Q4 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $31.4M sold.
Based on aggregated 13F filings for Q4 2020.