Descartes Systems
DSGX
225 hedge funds and large institutions have $4.43B invested in Descartes Systems in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 86 increasing their positions, 78 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
10% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 78
5% more funds holding
Funds holding: 214 → 225 (+11)
1.55% more ownership
Funds ownership: 80.35% → 81.89% (+1.5%)
4% more capital invested
Capital invested by funds: $4.25B → $4.43B (+$174M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
33% less call options, than puts
Call options by funds: $940K | Put options by funds: $1.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$63.3M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$29.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$26.9M |
| 4 |
AI
Aperture Investors
New York
|
+$19.1M |
| 5 |
Jane Street
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$255M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$45M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$31M |
| 4 |
Renaissance Technologies
New York
|
-$11.3M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$9.95M |
DSGX Hedge Fund Activity: Q3 2022 in Review
225 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2022, worth a combined $4.43B — up 4.1% from $4.25B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new DSGX positions and 17 closed out — a net gain of 12 holders — while 86 added to existing stakes and 78 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $63.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $255M.
- 225 institutional investors held Descartes Systems (DSGX) as of Q3 2022, up from 214 in Q2 2022.
- Funds reported $4.43B of Descartes Systems stock for Q3 2022, up 4.1% quarter-over-quarter.
- 29 funds opened new Descartes Systems positions in Q3 2022 and 17 closed out, a net change of +12 holders.
- The largest Descartes Systems buyer in Q3 2022 was Bank of Montreal, an estimated $63.3M added.
- The largest Descartes Systems seller in Q3 2022 was T. Rowe Price Associates, an estimated $255M sold.
Based on aggregated 13F filings for Q3 2022.