Descartes Systems
DSGX
107 hedge funds and large institutions have $1.65B invested in Descartes Systems in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 42 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
10% more capital invested
Capital invested by funds: $1.49B → $1.65B (+$153M)
5% more funds holding
Funds holding: 102 → 107 (+5)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.95% less ownership
Funds ownership: 80.05% → 78.1% (-1.9%)
17% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
+$26.6M |
| 2 |
O
OppenheimerFunds
New York
|
+$23.2M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$8.15M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$5.03M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$24M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$14.1M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.7M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$11.7M |
| 5 |
Primecap Management
Pasadena,
California
|
-$7.67M |
DSGX Hedge Fund Activity: Q3 2017 in Review
107 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2017, worth a combined $1.65B — up 10% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DSGX positions and 4 closed out — a net gain of 6 holders — while 35 added to existing stakes and 42 trimmed.
The largest buyer was Homestead Advisers, opening a new position worth an estimated $26.6M. The largest seller was Toronto Dominion Bank, cutting an estimated $24M.
- 107 institutional investors held Descartes Systems (DSGX) as of Q3 2017, up from 102 in Q2 2017.
- Funds reported $1.65B of Descartes Systems stock for Q3 2017, up 10% quarter-over-quarter.
- 10 funds opened new Descartes Systems positions in Q3 2017 and 4 closed out, a net change of +6 holders.
- The largest Descartes Systems buyer in Q3 2017 was Homestead Advisers, an estimated $26.6M added.
- The largest Descartes Systems seller in Q3 2017 was Toronto Dominion Bank, an estimated $24M sold.
Based on aggregated 13F filings for Q3 2017.