Descartes Systems
DSGX
87 hedge funds and large institutions have $1.16B invested in Descartes Systems in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more capital invested
Capital invested by funds: $972M → $1.16B (+$191M)
10% more funds holding
Funds holding: 79 → 87 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$49.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$27M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$19.6M |
| 4 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$13.7M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$15M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$13.1M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$12.2M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$11.8M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$10.1M |
DSGX Hedge Fund Activity: Q3 2015 in Review
87 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2015, worth a combined $1.16B — up 20% from $972M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DSGX positions and 4 closed out — a net gain of 9 holders — while 36 added to existing stakes and 24 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $49.4M. The largest seller was Pembroke Management, cutting an estimated $15M.
- 87 institutional investors held Descartes Systems (DSGX) as of Q3 2015, up from 79 in Q2 2015.
- Funds reported $1.16B of Descartes Systems stock for Q3 2015, up 20% quarter-over-quarter.
- 13 funds opened new Descartes Systems positions in Q3 2015 and 4 closed out, a net change of +9 holders.
- The largest Descartes Systems buyer in Q3 2015 was T. Rowe Price Associates, an estimated $49.4M added.
- The largest Descartes Systems seller in Q3 2015 was Pembroke Management, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2015.