Descartes Systems
DSGX
234 hedge funds and large institutions have $4.89B invested in Descartes Systems in 2022 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 92 increasing their positions, 80 reducing their positions, and 20 closing their positions.
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
48% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $2.16M
15% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 80
5% more funds holding
Funds holding: 223 → 234 (+11)
3.52% more ownership
Funds ownership: 75.12% → 78.64% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $5.16B → $4.89B (-$267M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$70.3M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$65.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$41.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$41.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
-$70.2M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$22.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$16.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.4M |
DSGX Hedge Fund Activity: Q1 2022 in Review
234 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2022, worth a combined $4.89B — down 5.2% from $5.16B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new DSGX positions and 20 closed out — a net gain of 12 holders — while 92 added to existing stakes and 80 trimmed.
The largest buyer was Durable Capital Partners, adding an estimated $70.3M. The largest seller was Praesidium Investment Management Company, exiting entirely with an estimated $70.2M sold.
- 234 institutional investors held Descartes Systems (DSGX) as of Q1 2022, up from 223 in Q4 2021.
- Funds reported $4.89B of Descartes Systems stock for Q1 2022, down 5.2% quarter-over-quarter.
- 32 funds opened new Descartes Systems positions in Q1 2022 and 20 closed out, a net change of +12 holders.
- The largest Descartes Systems buyer in Q1 2022 was Durable Capital Partners, an estimated $70.3M added.
- The largest Descartes Systems seller in Q1 2022 was Praesidium Investment Management Company, an estimated $70.2M sold.
Based on aggregated 13F filings for Q1 2022.