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Descartes Systems

150 hedge funds and large institutions have $2.61B invested in Descartes Systems in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 49 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 12

22% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 49

13% more capital invested

Capital invested by funds: $2.3B → $2.61B (+$310M)

13% more funds holding

Funds holding: 133150 (+17)

2.19% more ownership

Funds ownership: 81.68%83.87% (+2.2%)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
150
Holders Change
+17
Holders Change %
+12.78%
% of All Funds
3.26%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
29
Increased
60
Reduced
49
Closed
12
Calls
$15K
Puts
Net Calls
+$15K
Net Calls Change
-$3.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Acadian Asset Management
101
Acadian Asset Management
Massachusetts
$597K -$1.81M -46,600 -74%
HAM
102
Highstreet Asset Management
Ontario, Canada
$587K -$804K -20,654 -57%
US Bancorp
103
US Bancorp
Minnesota
$573K +$322K +8,288 +115%
Dimensional Fund Advisors
104
Dimensional Fund Advisors
Texas
$542K +$35.5K +912 +7%
Voloridge Investment Management
105
Voloridge Investment Management
Florida
$533K +$561K +14,425 New
Truist Financial
106
Truist Financial
North Carolina
$451K -$37K -950 -7%
CAM
107
Claret Asset Management
Quebec, Canada
$419K +$17.5K +449 +4%
PNC Financial Services Group
108
PNC Financial Services Group
Pennsylvania
$373K +$135K +3,463 +53%
William Blair & Company
109
William Blair & Company
Illinois
$372K +$392K +10,075 New
SSWM
110
Sheets Smith Wealth Management
North Carolina
$371K -$3.42K -88 -0.9%
CSS
111
Cubist Systematic Strategies
Connecticut
$370K +$84.4K +2,169 +28%
NMIMC
112
Northwestern Mutual Investment Management Company
Wisconsin
$362K +$6.54K +168 +2%
CI
113
Cavalier Investments
Georgia
$340K +$358K +9,200 New
OAM
114
Oppenheimer Asset Management
New York
$323K +$340K +8,750 New
AllianceBernstein
115
AllianceBernstein
Tennessee
$307K -$302K -7,760 -48%
SB
116
Suntrust Banks
Georgia
$286K -$3.81K -98 -1%
RMCM
117
Reynders McVeigh Capital Management
Massachusetts
$272K -$29K -745 -9%
AAMU
118
Amundi Asset Management US
Massachusetts
$262K
KeyBank National Association
119
KeyBank National Association
Ohio
$261K -$39 -1 -0%
SAM
120
Shell Asset Management
Netherlands
$239K -$6.03K -155 -2%
SEI Investments
121
SEI Investments
Pennsylvania
$234K +$77.8K +2,000 +47%
Zurich Cantonal Bank
122
Zurich Cantonal Bank
Switzerland
$223K
HR
123
Hardy Reed
Mississippi
$222K +$234K +6,021 New
MIM
124
Marco Investment Management
Georgia
$214K
AG
125
Advisor Group
Arizona
$213K +$17.2K +442 +8%

DSGX Hedge Fund Activity: Q2 2019 in Review

150 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2019, worth a combined $2.61B — up 13% from $2.3B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new DSGX positions and 12 closed out — a net gain of 17 holders — while 60 added to existing stakes and 49 trimmed.

The largest buyer was Primecap Management, adding an estimated $109M. The largest seller was Mackenzie Financial, cutting an estimated $22.2M.

  • 150 institutional investors held Descartes Systems (DSGX) as of Q2 2019, up from 133 in Q1 2019.
  • Funds reported $2.61B of Descartes Systems stock for Q2 2019, up 13% quarter-over-quarter.
  • 29 funds opened new Descartes Systems positions in Q2 2019 and 12 closed out, a net change of +17 holders.
  • The largest Descartes Systems buyer in Q2 2019 was Primecap Management, an estimated $109M added.
  • The largest Descartes Systems seller in Q2 2019 was Mackenzie Financial, an estimated $22.2M sold.

Based on aggregated 13F filings for Q2 2019.