Descartes Systems
DSGX
229 hedge funds and large institutions have $4.71B invested in Descartes Systems in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 106 reducing their positions, and 22 closing their positions.
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
9% more capital invested
Capital invested by funds: $4.31B → $4.71B (+$405M)
1% more funds holding
Funds holding: 226 → 229 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
6% less call options, than puts
Call options by funds: $725K | Put options by funds: $774K
3.49% less ownership
Funds ownership: 82.8% → 79.31% (-3.5%)
37% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$125M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$14.2M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$14.1M |
| 4 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$12.1M |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$93.8M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$62M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$52.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$30.6M |
| 5 |
Primecap Management
Pasadena,
California
|
-$26.3M |
DSGX Hedge Fund Activity: Q4 2022 in Review
229 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q4 2022, worth a combined $4.71B — up 9.4% from $4.31B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DSGX positions and 22 closed out — a net gain of 6 holders — while 67 added to existing stakes and 106 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $125M. The largest seller was Bank of Montreal, cutting an estimated $93.8M.
- 229 institutional investors held Descartes Systems (DSGX) as of Q4 2022, up from 226 in Q3 2022.
- Funds reported $4.71B of Descartes Systems stock for Q4 2022, up 9.4% quarter-over-quarter.
- 28 funds opened new Descartes Systems positions in Q4 2022 and 22 closed out, a net change of +6 holders.
- The largest Descartes Systems buyer in Q4 2022 was T. Rowe Price Associates, an estimated $125M added.
- The largest Descartes Systems seller in Q4 2022 was Bank of Montreal, an estimated $93.8M sold.
Based on aggregated 13F filings for Q4 2022.