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Descartes Systems

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.

New
Increased
Maintained
Reduced
Closed

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: 113118 (+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: 44 (0)

0% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 43

Holders
118
Holders Change
+5
Holders Change %
+4.42%
% of All Funds
2.7%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
12
Increased
43
Reduced
43
Closed
6
Calls
$6K
Puts
Net Calls
+$6K
Net Calls Change
-$65K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$374M +$641K +21,254 +0.2%
Primecap Management
2
Primecap Management
California
$144M -$214K -7,100 -0.2%
JFL
3
Jarislowsky, Fraser Ltd
Quebec, Canada
$137M +$1.16M +38,549 +0.9%
Mawer Investment Management
4
Mawer Investment Management
Alberta, Canada
$107M -$9.62M -318,755 -9%
ACH
5
ArrowMark Colorado Holdings
Colorado
$95.9M +$2.5M +82,989 +3%
Connor, Clark & Lunn Investment Management (CC&L)
6
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$95.7M -$4.32M -143,100 -5%
CCA
7
Conestoga Capital Advisors
Pennsylvania
$94.9M +$4.79M +158,740 +6%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$81.8M -$12.4M -410,711 -14%
Janus Henderson Group
9
Janus Henderson Group
United Kingdom
$65.5M +$26.3M +871,960 +76%
Vanguard Group
10
Vanguard Group
Pennsylvania
$58.4M +$1.89M +62,534 +4%
Franklin Resources
11
Franklin Resources
California
$51.4M +$30.4M +1,007,720 +177%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$51.2M -$4.8K -159 -0%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$47.1M -$10.7M -353,657 -20%
Fiera Capital (Canada)
14
Fiera Capital (Canada)
Quebec, Canada
$43.2M -$1.57M -52,162 -4%
HA
15
Homestead Advisers
Virginia
$39.7M
PM
16
Pembroke Management
Quebec, Canada
$37.2M -$585K -19,400 -2%
Norges Bank
17
Norges Bank
Norway
$36M -$1.36M -44,925 -4%
MBI
18
Montrusco Bolton Investments
Quebec, Canada
$27.1M -$2.11M -70,082 -8%
GMI
19
Greystone Managed Investments
Saskatchewan, Canada
$24.5M -$2.88M -95,436 -11%
CIBC Asset Management
20
CIBC Asset Management
Ontario, Canada
$22.2M -$1.67M -55,512 -8%
ESCM
21
Echo Street Capital Management
New York
$20.4M +$9.22M +305,727 +95%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$19.1M +$757K +25,075 +4%
Renaissance Technologies
23
Renaissance Technologies
New York
$18.8M -$1.45M -48,000 -8%
ORI
24
Oak Ridge Investments
Illinois
$18.3M +$17M +564,462 New
Chevy Chase Trust
25
Chevy Chase Trust
Maryland
$17.6M -$754K -25,000 -4%

DSGX Hedge Fund Activity: Q2 2018 in Review

118 of the 4,368 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.