Descartes Systems
DSGX
214 hedge funds and large institutions have $4.25B invested in Descartes Systems in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 85 increasing their positions, 86 reducing their positions, and 36 closing their positions.
143% more call options, than puts
Call options by funds: $3.51M | Put options by funds: $1.44M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
1.7% more ownership
Funds ownership: 78.64% → 80.35% (+1.7%)
1% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 86
8% less funds holding
Funds holding: 233 → 214 (-19)
13% less capital invested
Capital invested by funds: $4.89B → $4.25B (-$635M)
44% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$141M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$77M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$63.4M |
| 4 |
Goldman Sachs
New York
|
+$55.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$40.1M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$28.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$21.5M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$15.6M |
| 5 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$14.8M |
DSGX Hedge Fund Activity: Q2 2022 in Review
214 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2022, worth a combined $4.25B — down 13% from $4.89B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of DSGX and 20 opened new positions — a net loss of 16 holders — while 86 trimmed existing stakes and 85 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $141M. The largest seller was Echo Street Capital Management, cutting an estimated $40.1M.
- 214 institutional investors held Descartes Systems (DSGX) as of Q2 2022, down from 233 in Q1 2022.
- Funds reported $4.25B of Descartes Systems stock for Q2 2022, down 13% quarter-over-quarter.
- 20 funds opened new Descartes Systems positions in Q2 2022 and 36 closed out, a net change of -16 holders.
- The largest Descartes Systems buyer in Q2 2022 was T. Rowe Price Associates, an estimated $141M added.
- The largest Descartes Systems seller in Q2 2022 was Echo Street Capital Management, an estimated $40.1M sold.
Based on aggregated 13F filings for Q2 2022.