Descartes Systems
DSGX
216 hedge funds and large institutions have $4.14B invested in Descartes Systems in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 85 increasing their positions, 88 reducing their positions, and 35 closing their positions.
71% more call options, than puts
Call options by funds: $3.51M | Put options by funds: $2.06M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
1.7% more ownership
Funds ownership: 78.64% → 80.35% (+1.7%)
3% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 88
8% less funds holding
Funds holding: 234 → 216 (-18)
15% less capital invested
Capital invested by funds: $4.89B → $4.14B (-$747M)
43% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 35
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$141M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$77M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$63.4M |
| 4 |
Goldman Sachs
New York
|
+$55.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$17.3M |
Top Sellers
DSGX Hedge Fund Activity: Q2 2022 in Review
216 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2022, worth a combined $4.14B — down 15% from $4.89B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of DSGX and 20 opened new positions — a net loss of 15 holders — while 88 trimmed existing stakes and 85 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $141M. The largest seller was Echo Street Capital Management, cutting an estimated $40.1M.
- 216 institutional investors held Descartes Systems (DSGX) as of Q2 2022, down from 234 in Q1 2022.
- Funds reported $4.14B of Descartes Systems stock for Q2 2022, down 15% quarter-over-quarter.
- 20 funds opened new Descartes Systems positions in Q2 2022 and 35 closed out, a net change of -15 holders.
- The largest Descartes Systems buyer in Q2 2022 was T. Rowe Price Associates, an estimated $141M added.
- The largest Descartes Systems seller in Q2 2022 was Echo Street Capital Management, an estimated $40.1M sold.
Based on aggregated 13F filings for Q2 2022.