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Descartes Systems

229 hedge funds and large institutions have $4.71B invested in Descartes Systems in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 106 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

9% more capital invested

Capital invested by funds: $4.31B → $4.71B (+$405M)

1% more funds holding

Funds holding: 226229 (+3)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

6% less call options, than puts

Call options by funds: $725K | Put options by funds: $774K

3.49% less ownership

Funds ownership: 82.8%79.31% (-3.5%)

37% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 106

Holders
229
Holders Change
+3
Holders Change %
+1.33%
% of All Funds
3.68%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
28
Increased
67
Reduced
106
Closed
22
Calls
$725K
Puts
$774K
Net Calls
-$49K
Net Calls Change
+$411K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$763M +$125M +1,834,084 +20%
JFL
2
Jarislowsky, Fraser Ltd
Quebec, Canada
$327M -$10.1M -147,507 -3%
DCP
3
Durable Capital Partners
Maryland
$276M -$20.5M -299,587 -7%
Primecap Management
4
Primecap Management
California
$214M -$26.3M -384,300 -11%
CCA
5
Conestoga Capital Advisors
Pennsylvania
$208M -$4.76M -69,598 -2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$205M +$3.38M +49,487 +2%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$161M -$62M -907,450 -28%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$144M +$5.57M +81,577 +4%
Invesco
9
Invesco
Georgia
$127M -$10.2M -149,538 -8%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$105M -$7.44M -108,810 -7%
ESCM
11
Echo Street Capital Management
New York
$103M -$10.3M -150,897 -9%
GCM
12
Geneva Capital Management
Wisconsin
$99.3M +$203K +2,965 +0.2%
Mackenzie Financial
13
Mackenzie Financial
Ontario, Canada
$91.3M -$195K -2,851 -0.2%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$90.6M -$93.8M -1,373,386 -52%
Ameriprise
15
Ameriprise
Minnesota
$73.7M -$5.05M -73,929 -8%
Norges Bank
16
Norges Bank
Norway
$69.5M +$3.59M +52,492 +6%
Artisan Partners
17
Artisan Partners
Wisconsin
$65.5M -$2.65M -38,800 -4%
Franklin Resources
18
Franklin Resources
California
$65M -$676K -9,887 -1%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$63.5M -$9.43M -137,992 -13%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$61.6M -$5.3M -77,588 -8%
Goldman Sachs
21
Goldman Sachs
New York
$59.9M -$12M -176,169 -17%
WA
22
Wasatch Advisors
Utah
$54.6M -$1.45M -21,222 -3%
CS
23
Credit Suisse
Switzerland
$53.5M -$2.08M -30,377 -4%
RP
24
Riverbridge Partners
Minnesota
$53.3M -$211K -3,083 -0.4%
Janus Henderson Group
25
Janus Henderson Group
United Kingdom
$53M -$52.1M -762,994 -50%

DSGX Hedge Fund Activity: Q4 2022 in Review

229 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q4 2022, worth a combined $4.71B — up 9.4% from $4.31B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new DSGX positions and 22 closed out — a net gain of 6 holders — while 67 added to existing stakes and 106 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $125M. The largest seller was Bank of Montreal, cutting an estimated $93.8M.

  • 229 institutional investors held Descartes Systems (DSGX) as of Q4 2022, up from 226 in Q3 2022.
  • Funds reported $4.71B of Descartes Systems stock for Q4 2022, up 9.4% quarter-over-quarter.
  • 28 funds opened new Descartes Systems positions in Q4 2022 and 22 closed out, a net change of +6 holders.
  • The largest Descartes Systems buyer in Q4 2022 was T. Rowe Price Associates, an estimated $125M added.
  • The largest Descartes Systems seller in Q4 2022 was Bank of Montreal, an estimated $93.8M sold.

Based on aggregated 13F filings for Q4 2022.