Descartes Systems
DSGX
133 hedge funds and large institutions have $2.3B invested in Descartes Systems in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 9 closing their positions.
5,474% more call options, than puts
Call options by funds: $4.07M | Put options by funds: $73K
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
39% more capital invested
Capital invested by funds: $1.66B → $2.3B (+$645M)
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4% more funds holding
Funds holding: 128 → 133 (+5)
0.41% more ownership
Funds ownership: 81.42% → 81.82% (+0.41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$26M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$22.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.3M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$13.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$42.2M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$7.08M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$5.88M |
| 4 |
Renaissance Technologies
New York
|
-$5.73M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$5.06M |
DSGX Hedge Fund Activity: Q1 2019 in Review
133 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2019, worth a combined $2.3B — up 39% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DSGX positions and 9 closed out — a net gain of 5 holders — while 55 added to existing stakes and 43 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $26M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $42.2M sold.
- 133 institutional investors held Descartes Systems (DSGX) as of Q1 2019, up from 128 in Q4 2018.
- Funds reported $2.3B of Descartes Systems stock for Q1 2019, up 39% quarter-over-quarter.
- 14 funds opened new Descartes Systems positions in Q1 2019 and 9 closed out, a net change of +5 holders.
- The largest Descartes Systems buyer in Q1 2019 was Mackenzie Financial, an estimated $26M added.
- The largest Descartes Systems seller in Q1 2019 was ArrowMark Colorado Holdings, an estimated $42.2M sold.
Based on aggregated 13F filings for Q1 2019.