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Descartes Systems

128 hedge funds and large institutions have $1.65B invested in Descartes Systems in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 49 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

2% more funds holding

Funds holding: 126128 (+2)

0.42% more ownership

Funds ownership: 80.83%81.25% (+0.42%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 49

21% less capital invested

Capital invested by funds: $2.08B → $1.65B (-$431M)

75% less call options, than puts

Call options by funds: $413K | Put options by funds: $1.63M

Holders
128
Holders Change
+2
Holders Change %
+1.59%
% of All Funds
2.85%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
17
Increased
45
Reduced
49
Closed
14
Calls
$413K
Puts
$1.63M
Net Calls
-$1.21M
Net Calls Change
+$4.21M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$296M -$8.09M -276,521 -2%
Primecap Management
2
Primecap Management
California
$117M -$231K -7,900 -0.2%
JFL
3
Jarislowsky, Fraser Ltd
Quebec, Canada
$108M +$1.18M +40,330 +1%
Mawer Investment Management
4
Mawer Investment Management
Alberta, Canada
$93.2M +$7.35M +251,377 +8%
CCA
5
Conestoga Capital Advisors
Pennsylvania
$90.7M +$3.87M +132,251 +4%
Connor, Clark & Lunn Investment Management (CC&L)
6
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$68.8M -$5.43M -185,736 -7%
Janus Henderson Group
7
Janus Henderson Group
United Kingdom
$59.4M +$7.07M +241,753 +12%
Vanguard Group
8
Vanguard Group
Pennsylvania
$52.4M +$2.73M +93,259 +5%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$51M -$6.18M -211,322 -10%
ACH
10
ArrowMark Colorado Holdings
Colorado
$42.2M +$748K +25,591 +2%
Franklin Resources
11
Franklin Resources
California
$41M -$897K -30,664 -2%
HA
12
Homestead Advisers
Virginia
$32.3M
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32.1M -$7.88M -269,521 -18%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$31.8M +$227K +7,774 +0.7%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$30.8M -$2.2M -75,219 -6%
Fiera Capital (Canada)
16
Fiera Capital (Canada)
Quebec, Canada
$30M -$837K -28,616 -2%
PM
17
Pembroke Management
Quebec, Canada
$25.1M -$1.27M -43,400 -6%
Norges Bank
18
Norges Bank
Norway
$24.1M
Mackenzie Financial
19
Mackenzie Financial
Ontario, Canada
$23.5M +$8.15M +278,713 +46%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$18.4M +$869K +29,707 +4%
Renaissance Technologies
21
Renaissance Technologies
New York
$18.3M +$3.81M +130,300 +23%
Deutsche Bank
22
Deutsche Bank
Germany
$15.3M +$5.15M +176,237 +44%
ESCM
23
Echo Street Capital Management
New York
$15M -$1.04M -35,405 -6%
Morgan Stanley
24
Morgan Stanley
New York
$14.9M +$909K +31,067 +6%
MBI
25
Montrusco Bolton Investments
Quebec, Canada
$14.8M +$420K +14,362 +3%

DSGX Hedge Fund Activity: Q4 2018 in Review

128 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q4 2018, worth a combined $1.65B — down 21% from $2.08B a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new DSGX positions and 14 closed out — a net gain of 3 holders — while 45 added to existing stakes and 49 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $8.15M. The largest seller was Arrowstreet Capital, cutting an estimated $8.37M.

  • 128 institutional investors held Descartes Systems (DSGX) as of Q4 2018, up from 126 in Q3 2018.
  • Funds reported $1.65B of Descartes Systems stock for Q4 2018, down 21% quarter-over-quarter.
  • 17 funds opened new Descartes Systems positions in Q4 2018 and 14 closed out, a net change of +3 holders.
  • The largest Descartes Systems buyer in Q4 2018 was Mackenzie Financial, an estimated $8.15M added.
  • The largest Descartes Systems seller in Q4 2018 was Arrowstreet Capital, an estimated $8.37M sold.

Based on aggregated 13F filings for Q4 2018.