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Descartes Systems

323 hedge funds and large institutions have $6.45B invested in Descartes Systems in 2024 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 134 increasing their positions, 94 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 29

43% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 94

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

7% more funds holding

Funds holding: 302323 (+21)

6% more capital invested

Capital invested by funds: $6.08B → $6.45B (+$370M)

0.08% more ownership

Funds ownership: 77.68%77.76% (+0.08%)

42% less call options, than puts

Call options by funds: $4.1M | Put options by funds: $7.07M

Holders
323
Holders Change
+21
Holders Change %
+6.95%
% of All Funds
4.66%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
53
Increased
134
Reduced
94
Closed
29
Calls
$4.1M
Puts
$7.07M
Net Calls
-$2.97M
Net Calls Change
-$6.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity International
76
Fidelity International
Bermuda
$16M
Canada Pension Plan Investment Board
77
Canada Pension Plan Investment Board
Ontario, Canada
$14.4M +$5.18M +55,100 +59%
CWM
78
Congress Wealth Management
Massachusetts
$14.3M +$13.9M +147,943 New
Fidelity Investments
79
Fidelity Investments
Massachusetts
$14.2M +$268K +2,852 +2%
Northern Trust
80
Northern Trust
Illinois
$14.1M -$6M -63,848 -30%
National Bank of Canada
81
National Bank of Canada
Quebec, Canada
$13.8M -$2.39M -25,442 -15%
JP Morgan Chase
82
JP Morgan Chase
New York
$13.7M +$2.91M +30,965 +28%
Vontobel Holding
83
Vontobel Holding
Switzerland
$13.4M +$5.72M +60,867 +79%
FAM
84
Fenimore Asset Management
New York
$13.2M +$23.5K +250 +0.2%
CIBC Asset Management
85
CIBC Asset Management
Ontario, Canada
$11.6M +$821K +8,733 +8%
AIMCA
86
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$11.1M -$611K -6,500 -5%
Dimensional Fund Advisors
87
Dimensional Fund Advisors
Texas
$10.8M +$912K +9,698 +10%
Two Sigma Advisers
88
Two Sigma Advisers
New York
$10.7M -$1.17M -12,400 -10%
SO
89
STRS Ohio
Ohio
$10.7M
Aviva
90
Aviva
United Kingdom
$10.6M +$5.66M +60,230 +123%
HFS
91
Hantz Financial Services
Michigan
$10.5M +$10.2M +108,456 New
Deutsche Bank
92
Deutsche Bank
Germany
$10.5M +$2.49M +26,459 +32%
CAM
93
Cidel Asset Management
Ontario, Canada
$10.1M +$1.57M +16,725 +19%
RJA
94
Raymond James & Associates
Florida
$10.1M -$406K -4,314 -4%
NC
95
Nicholas Company
Wisconsin
$9.81M -$1.28M -13,645 -12%
Toronto Dominion Bank
96
Toronto Dominion Bank
Ontario, Canada
$9.65M +$943K +10,030 +11%
Bank of New York Mellon
97
Bank of New York Mellon
New York
$9.64M -$738K -7,851 -7%
SI
98
Scout Investments
Missouri
$9.62M -$1.12M -11,898 -11%
Millennium Management
99
Millennium Management
New York
$9.57M -$1.02M -10,831 -10%
SAM
100
Silvercrest Asset Management
New York
$9.53M +$122K +1,294 +1%

DSGX Hedge Fund Activity: Q2 2024 in Review

323 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2024, worth a combined $6.45B — up 6.1% from $6.08B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new DSGX positions and 29 closed out — a net gain of 24 holders — while 134 added to existing stakes and 94 trimmed.

The largest buyer was Congress Asset Management, opening a new position worth an estimated $115M. The largest seller was Arrowstreet Capital, cutting an estimated $59.5M.

  • 323 institutional investors held Descartes Systems (DSGX) as of Q2 2024, up from 302 in Q1 2024.
  • Funds reported $6.45B of Descartes Systems stock for Q2 2024, up 6.1% quarter-over-quarter.
  • 53 funds opened new Descartes Systems positions in Q2 2024 and 29 closed out, a net change of +24 holders.
  • The largest Descartes Systems buyer in Q2 2024 was Congress Asset Management, an estimated $115M added.
  • The largest Descartes Systems seller in Q2 2024 was Arrowstreet Capital, an estimated $59.5M sold.

Based on aggregated 13F filings for Q2 2024.