Descartes Systems
DSGX
126 hedge funds and large institutions have $2.08B invested in Descartes Systems in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 51 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
7% more funds holding
Funds holding: 118 → 126 (+8)
1% more capital invested
Capital invested by funds: $2.06B → $2.08B (+$25.8M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.82% less ownership
Funds ownership: 82.65% → 80.83% (-1.8%)
31% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 51
100% less call options, than puts
Call options by funds: $7K | Put options by funds: $5.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$25.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$12.7M |
| 4 |
Goldman Sachs
New York
|
+$8.96M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$46.7M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$18.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.7M |
| 4 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$9.68M |
| 5 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$8.77M |
DSGX Hedge Fund Activity: Q3 2018 in Review
126 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2018, worth a combined $2.08B — up 1.3% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DSGX positions and 6 closed out — a net gain of 9 holders — while 35 added to existing stakes and 51 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $25.2M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $46.7M.
- 126 institutional investors held Descartes Systems (DSGX) as of Q3 2018, up from 118 in Q2 2018.
- Funds reported $2.08B of Descartes Systems stock for Q3 2018, up 1.3% quarter-over-quarter.
- 15 funds opened new Descartes Systems positions in Q3 2018 and 6 closed out, a net change of +9 holders.
- The largest Descartes Systems buyer in Q3 2018 was Massachusetts Financial Services, an estimated $25.2M added.
- The largest Descartes Systems seller in Q3 2018 was ArrowMark Colorado Holdings, an estimated $46.7M sold.
Based on aggregated 13F filings for Q3 2018.