Descartes Systems
DSGX
152 hedge funds and large institutions have $2.34B invested in Descartes Systems in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 64 reducing their positions, and 23 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1.06% more ownership
Funds ownership: 79.72% → 80.78% (+1.1%)
4% less funds holding
Funds holding: 158 → 152 (-6)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
16% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 64
19% less capital invested
Capital invested by funds: $2.88B → $2.34B (-$545M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$19M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$16.7M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$13.3M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$11.5M |
| 5 |
AI
Aperture Investors
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$45.1M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$23.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21M |
| 4 |
Primecap Management
Pasadena,
California
|
-$19.5M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$7.05M |
DSGX Hedge Fund Activity: Q1 2020 in Review
152 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2020, worth a combined $2.34B — down 19% from $2.88B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of DSGX and 20 opened new positions — a net loss of 3 holders — while 64 trimmed existing stakes and 54 added.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $19M. The largest seller was Janus Henderson Group, cutting an estimated $45.1M.
- 152 institutional investors held Descartes Systems (DSGX) as of Q1 2020, down from 158 in Q4 2019.
- Funds reported $2.34B of Descartes Systems stock for Q1 2020, down 19% quarter-over-quarter.
- 20 funds opened new Descartes Systems positions in Q1 2020 and 23 closed out, a net change of -3 holders.
- The largest Descartes Systems buyer in Q1 2020 was Durable Capital Partners, an estimated $19M added.
- The largest Descartes Systems seller in Q1 2020 was Janus Henderson Group, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2020.