Descartes Systems
DSGX
255 hedge funds and large institutions have $4.92B invested in Descartes Systems in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 95 increasing their positions, 106 reducing their positions, and 19 closing their positions.
31% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $1.54M
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.32% less ownership
Funds ownership: 78.23% → 77.9% (-0.32%)
1% less funds holding
Funds holding: 258 → 255 (-3)
8% less capital invested
Capital invested by funds: $5.34B → $4.92B (-$425M)
10% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$41.3M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$20.3M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$19.2M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$18.4M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$31.4M |
| 2 |
Man Group
London,
United Kingdom
|
-$20.5M |
| 3 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$12.7M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$12.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$10.6M |
DSGX Hedge Fund Activity: Q3 2023 in Review
255 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q3 2023, worth a combined $4.92B — down 8% from $5.34B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DSGX positions and 19 closed out — a net gain of 1 holder — while 95 added to existing stakes and 106 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $41.3M. The largest seller was Arrowstreet Capital, cutting an estimated $31.4M.
- 255 institutional investors held Descartes Systems (DSGX) as of Q3 2023, down from 258 in Q2 2023.
- Funds reported $4.92B of Descartes Systems stock for Q3 2023, down 8% quarter-over-quarter.
- 20 funds opened new Descartes Systems positions in Q3 2023 and 19 closed out, a net change of +1 holder.
- The largest Descartes Systems buyer in Q3 2023 was T. Rowe Price Associates, an estimated $41.3M added.
- The largest Descartes Systems seller in Q3 2023 was Arrowstreet Capital, an estimated $31.4M sold.
Based on aggregated 13F filings for Q3 2023.