Descartes Systems
DSGX
118 hedge funds and large institutions have $2.06B invested in Descartes Systems in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 43 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
16% more capital invested
Capital invested by funds: $1.77B → $2.06B (+$291M)
4% more funds holding
Funds holding: 113 → 118 (+5)
1.73% more ownership
Funds ownership: 80.92% → 82.65% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$30.4M |
| 2 |
Janus Henderson Group
London,
|
+$26.3M |
| 3 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
+$17M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.2M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$9.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.4M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$11.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.7M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$9.62M |
| 5 |
JP Morgan Chase
New York
|
-$7.36M |
DSGX Hedge Fund Activity: Q2 2018 in Review
118 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2018, worth a combined $2.06B — up 16% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DSGX positions and 6 closed out — a net gain of 6 holders — while 43 added to existing stakes and 43 trimmed.
The largest buyer was Franklin Resources, adding an estimated $30.4M. The largest seller was Bank of Montreal, cutting an estimated $12.4M.
- 118 institutional investors held Descartes Systems (DSGX) as of Q2 2018, up from 113 in Q1 2018.
- Funds reported $2.06B of Descartes Systems stock for Q2 2018, up 16% quarter-over-quarter.
- 12 funds opened new Descartes Systems positions in Q2 2018 and 6 closed out, a net change of +6 holders.
- The largest Descartes Systems buyer in Q2 2018 was Franklin Resources, an estimated $30.4M added.
- The largest Descartes Systems seller in Q2 2018 was Bank of Montreal, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2018.