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Descartes Systems

152 hedge funds and large institutions have $2.34B invested in Descartes Systems in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 64 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

1.06% more ownership

Funds ownership: 79.72%80.78% (+1.1%)

4% less funds holding

Funds holding: 158152 (-6)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

16% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 64

19% less capital invested

Capital invested by funds: $2.88B → $2.34B (-$545M)

Holders
152
Holders Change
-6
Holders Change %
-3.8%
% of All Funds
3.35%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
20
Increased
54
Reduced
64
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
101
US Bancorp
Minnesota
$518K -$94.4K -2,271 -13%
CSS
102
Cubist Systematic Strategies
Connecticut
$515K +$300K +7,225 +93%
AIM
103
Aigen Investment Management
New York
$514K +$621K +14,937 New
Truist Financial
104
Truist Financial
North Carolina
$497K -$161K -3,869 -21%
Two Sigma Advisers
105
Two Sigma Advisers
New York
$488K -$403K -9,700 -41%
CIBC Private Wealth Group
106
CIBC Private Wealth Group
Georgia
$468K -$215K -5,160 -27%
OAM
107
Oppenheimer Asset Management
New York
$456K +$230K +5,538 +72%
CAM
108
Congress Asset Management
Massachusetts
$424K +$1.87K +45 +0.4%
OR
109
Olympiad Research
Connecticut
$403K +$488K +11,730 New
CAM
110
Claret Asset Management
Quebec, Canada
$400K +$12.6K +303 +3%
DTL
111
Dynamic Technology Lab
Singapore
$378K +$457K +10,992 New
NMIMC
112
Northwestern Mutual Investment Management Company
Wisconsin
$366K +$15.8K +379 +4%
Deutsche Bank
113
Deutsche Bank
Germany
$348K +$170K +4,093 +68%
PNC Financial Services Group
114
PNC Financial Services Group
Pennsylvania
$343K +$29.1K +701 +8%
Canada Pension Plan Investment Board
115
Canada Pension Plan Investment Board
Ontario, Canada
$332K -$341K -8,200 -46%
RMCM
116
Reynders McVeigh Capital Management
Massachusetts
$308K +$12.9K +310 +4%
SAM
117
Shell Asset Management
Netherlands
$305K -$12.5K -300 -3%
AAMU
118
Amundi Asset Management US
Massachusetts
$296K -$16.6K -400 -4%
AllianceBernstein
119
AllianceBernstein
Tennessee
$275K -$12.9K -310 -4%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
120
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$273K +$330K +7,926 New
Osaic Holdings
121
Osaic Holdings
Arizona
$266K +$321K +7,720 New
HSBC Holdings
122
HSBC Holdings
United Kingdom
$256K -$319K -7,677 -51%
PA
123
Paragon Advisors
Texas
$253K +$50.2K +1,208 +20%
SEI Investments
124
SEI Investments
Pennsylvania
$248K -$1.37K -33 -0.5%
Baird Financial Group
125
Baird Financial Group
Wisconsin
$239K +$54K +1,299 +23%

DSGX Hedge Fund Activity: Q1 2020 in Review

152 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2020, worth a combined $2.34B — down 19% from $2.88B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of DSGX and 20 opened new positions — a net loss of 3 holders — while 64 trimmed existing stakes and 54 added.

The largest buyer was Durable Capital Partners, opening a new position worth an estimated $19M. The largest seller was Janus Henderson Group, cutting an estimated $45.1M.

  • 152 institutional investors held Descartes Systems (DSGX) as of Q1 2020, down from 158 in Q4 2019.
  • Funds reported $2.34B of Descartes Systems stock for Q1 2020, down 19% quarter-over-quarter.
  • 20 funds opened new Descartes Systems positions in Q1 2020 and 23 closed out, a net change of -3 holders.
  • The largest Descartes Systems buyer in Q1 2020 was Durable Capital Partners, an estimated $19M added.
  • The largest Descartes Systems seller in Q1 2020 was Janus Henderson Group, an estimated $45.1M sold.

Based on aggregated 13F filings for Q1 2020.