Descartes Systems
DSGX
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.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
2% more funds holding
Funds holding: 126 → 128 (+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: 4 → 4 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.15M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$7.35M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$7.07M |
| 4 |
BlackRock
New York
|
+$6.24M |
| 5 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.37M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.09M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.88M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$6.53M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.18M |
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.