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Descartes Systems

259 hedge funds and large institutions have $5.34B invested in Descartes Systems in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 98 increasing their positions, 95 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

3% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 95

1% more funds holding

Funds holding: 257259 (+2)

0.29% more ownership

Funds ownership: 77.94%78.23% (+0.29%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

1% less capital invested

Capital invested by funds: $5.41B → $5.34B (-$69M)

76% less call options, than puts

Call options by funds: $897K | Put options by funds: $3.81M

Holders
259
Holders Change
+2
Holders Change %
+0.78%
% of All Funds
4.07%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
30
Increased
98
Reduced
95
Closed
28
Calls
$897K
Puts
$3.81M
Net Calls
-$2.92M
Net Calls Change
-$3.13M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
151
Ativo Capital Management
Illinois
$1.12M +$1.09M +13,970 New
Wells Fargo
152
Wells Fargo
California
$1.1M -$362K -4,646 -25%
Vontobel Holding
153
Vontobel Holding
Switzerland
$1.06M +$51.9K +666 +5%
CQS
154
Credential Qtrade Securities
$1.05M -$11.4K -146 -1%
OAM
155
Oppenheimer Asset Management
New York
$1.03M -$4.13K -53 -0.4%
QT
156
Quantbot Technologies
New York
$1.01M +$565K +7,255 +137%
CIBC Private Wealth Group
157
CIBC Private Wealth Group
Georgia
$991K +$3.9K +50 +0.4%
ECM
158
ExodusPoint Capital Management
New York
$975K +$948K +12,168 New
GT
159
Glenmede Trust
Pennsylvania
$973K
GAM
160
Gotham Asset Management
New York
$917K +$40.6K +521 +5%
WF
161
WoodTrust Financial
Wisconsin
$873K +$383K +4,920 +82%
State Board of Administration of Florida Retirement System
162
State Board of Administration of Florida Retirement System
Florida
$841K +$265K +3,400 +48%
PNC Financial Services Group
163
PNC Financial Services Group
Pennsylvania
$831K +$79K +1,014 +11%
GCM
164
Genus Capital Management
British Columbia, Canada
$820K +$797K +10,230 New
PL
165
Perpetual Ltd
Australia
$819K -$312 -4 -0%
LPL Financial
166
LPL Financial
California
$786K +$344K +4,412 +82%
PP
167
Prudential plc
United Kingdom
$769K -$4.52K -58 -0.6%
PFS
168
Prospera Financial Services
Texas
$765K +$510K +6,548 +218%
LCM
169
Legato Capital Management
California
$755K
AP
170
AtonRa Partners
Switzerland
$742K +$53.4K +685 +8%
CAM
171
Claret Asset Management
Quebec, Canada
$732K -$56.2K -722 -7%
PFO
172
Pathstone Family Office
New Jersey
$719K
CB
173
Commerce Bank
Missouri
$666K +$53.9K +692 +9%
D.E. Shaw & Co
174
D.E. Shaw & Co
New York
$665K -$234K -3,000 -27%
YMRC
175
Yorktown Management & Research Company
Virginia
$657K

DSGX Hedge Fund Activity: Q2 2023 in Review

259 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2023, worth a combined $5.34B — down 1.3% from $5.41B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new DSGX positions and 28 closed out — a net gain of 2 holders — while 98 added to existing stakes and 95 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $41.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $69.2M.

  • 259 institutional investors held Descartes Systems (DSGX) as of Q2 2023, up from 257 in Q1 2023.
  • Funds reported $5.34B of Descartes Systems stock for Q2 2023, down 1.3% quarter-over-quarter.
  • 30 funds opened new Descartes Systems positions in Q2 2023 and 28 closed out, a net change of +2 holders.
  • The largest Descartes Systems buyer in Q2 2023 was Arrowstreet Capital, an estimated $41.7M added.
  • The largest Descartes Systems seller in Q2 2023 was T. Rowe Price Associates, an estimated $69.2M sold.

Based on aggregated 13F filings for Q2 2023.