Descartes Systems
DSGX
158 hedge funds and large institutions have $2.88B invested in Descartes Systems in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 61 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
5% more capital invested
Capital invested by funds: $2.74B → $2.88B (+$138M)
3% more funds holding
Funds holding: 154 → 158 (+4)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.24% less ownership
Funds ownership: 80.96% → 79.72% (-1.2%)
16% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$28.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$9.45M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$7.75M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$4.33M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$16M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$13.9M |
| 3 |
Two Sigma Investments
New York
|
-$8.69M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.28M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.15M |
DSGX Hedge Fund Activity: Q4 2019 in Review
158 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q4 2019, worth a combined $2.88B — up 5% from $2.74B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DSGX positions and 12 closed out — a net gain of 6 holders — while 51 added to existing stakes and 61 trimmed.
The largest buyer was Fidelity International, adding an estimated $28.6M. The largest seller was Homestead Advisers, cutting an estimated $16M.
- 158 institutional investors held Descartes Systems (DSGX) as of Q4 2019, up from 154 in Q3 2019.
- Funds reported $2.88B of Descartes Systems stock for Q4 2019, up 5% quarter-over-quarter.
- 18 funds opened new Descartes Systems positions in Q4 2019 and 12 closed out, a net change of +6 holders.
- The largest Descartes Systems buyer in Q4 2019 was Fidelity International, an estimated $28.6M added.
- The largest Descartes Systems seller in Q4 2019 was Homestead Advisers, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2019.