Descartes Systems
DSGX
93 hedge funds and large institutions have $1.24B invested in Descartes Systems in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 17 closing their positions.
10,744% more call options, than puts
Call options by funds: $976K | Put options by funds: $9K
3% less capital invested
Capital invested by funds: $1.27B → $1.24B (-$32M)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
4% less funds holding
Funds holding: 97 → 93 (-4)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HMS
101
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$417K | -20,760 | Closed |
|
102
Ameriprise
Minneapolis,
Minnesota
| – | -$287K | -14,302 | Closed |
|
|
MCM
103
Marsico Capital Management
Denver,
Colorado
| – | -$287K | -14,302 | Closed |
|
104
Dimensional Fund Advisors
Austin,
Texas
| – | -$208K | -10,352 | Closed |
|
|
CS
105
Credential Securities
Vancouver,
| – | -$133K | -6,634 | Closed |
|
106
Axa
Paris,
France
| – | -$38K | -1,900 | Closed |
|
107
Barclays
London,
United Kingdom
| – | -$18K | -900 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$8K | -407 | Closed |
|
109
Citigroup
New York
| – | -$1K | -45 | Closed |
|
|
BFEC
110
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -25 | Closed |
|
DSGX Hedge Fund Activity: Q1 2016 in Review
93 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2016, worth a combined $1.24B — down 2.5% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of DSGX and 13 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 31 added.
The largest buyer was Bank of Montreal, adding an estimated $15.3M. The largest seller was Fiera Capital (Canada), cutting an estimated $19.2M.
- 93 institutional investors held Descartes Systems (DSGX) as of Q1 2016, down from 97 in Q4 2015.
- Funds reported $1.24B of Descartes Systems stock for Q1 2016, down 2.5% quarter-over-quarter.
- 13 funds opened new Descartes Systems positions in Q1 2016 and 17 closed out, a net change of -4 holders.
- The largest Descartes Systems buyer in Q1 2016 was Bank of Montreal, an estimated $15.3M added.
- The largest Descartes Systems seller in Q1 2016 was Fiera Capital (Canada), an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2016.