Descartes Systems
DSGX
109 hedge funds and large institutions have $1.7B invested in Descartes Systems in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
2% more funds holding
Funds holding: 107 → 109 (+2)
4% more capital invested
Capital invested by funds: $1.65B → $1.7B (+$58.6M)
0.27% more ownership
Funds ownership: 78.1% → 78.37% (+0.27%)
5% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 40
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.5M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$12.7M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$12.2M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$31M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$26.8M |
| 3 |
O
OppenheimerFunds
New York
|
-$23.9M |
| 4 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
-$17.9M |
| 5 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$4.01M |
DSGX Hedge Fund Activity: Q4 2017 in Review
109 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q4 2017, worth a combined $1.7B — up 3.6% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DSGX positions and 7 closed out — a net gain of 3 holders — while 38 added to existing stakes and 40 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $17M. The largest seller was Canada Life, cutting an estimated $31M.
- 109 institutional investors held Descartes Systems (DSGX) as of Q4 2017, up from 107 in Q3 2017.
- Funds reported $1.7B of Descartes Systems stock for Q4 2017, up 3.6% quarter-over-quarter.
- 10 funds opened new Descartes Systems positions in Q4 2017 and 7 closed out, a net change of +3 holders.
- The largest Descartes Systems buyer in Q4 2017 was Mackenzie Financial, an estimated $17M added.
- The largest Descartes Systems seller in Q4 2017 was Canada Life, an estimated $31M sold.
Based on aggregated 13F filings for Q4 2017.