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Descartes Systems

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, 96 increasing their positions, 106 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more call options, than puts

Call options by funds: $2.02M | Put options by funds: $1.54M

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

0.32% less ownership

Funds ownership: 78.23%77.9% (-0.32%)

9% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 106

2% less funds holding

Funds holding: 259255 (-4)

8% less capital invested

Capital invested by funds: $5.34B → $4.92B (-$425M)

Holders
255
Holders Change
-4
Holders Change %
-1.54%
% of All Funds
4.05%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
20
Increased
96
Reduced
106
Closed
20
Calls
$2.02M
Puts
$1.54M
Net Calls
+$476K
Net Calls Change
+$3.39M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$647M +$41.3M +548,291 +7%
JFL
2
Jarislowsky, Fraser Ltd
Quebec, Canada
$328M -$895K -11,872 -0.3%
DCP
3
Durable Capital Partners
Maryland
$259M
Vanguard Group
4
Vanguard Group
Pennsylvania
$225M +$3.73M +49,402 +2%
CCA
5
Conestoga Capital Advisors
Pennsylvania
$222M +$1.57M +20,875 +0.7%
Primecap Management
6
Primecap Management
California
$188M -$7.21M -95,548 -4%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$166M +$932K +12,361 +0.5%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$163M +$8.87M +117,611 +6%
ESCM
9
Echo Street Capital Management
New York
$136M +$20.3M +269,368 +17%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$126M +$17.2M +227,972 +15%
Connor, Clark & Lunn Investment Management (CC&L)
11
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$113M +$3.16M +41,854 +3%
Invesco
12
Invesco
Georgia
$111M -$7.14M -94,712 -6%
GCM
13
Geneva Capital Management
Wisconsin
$107M +$1.87M +24,853 +2%
Franklin Resources
14
Franklin Resources
California
$93M +$901K +11,949 +1%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$91.7M -$1.65M -21,902 -2%
Norges Bank
16
Norges Bank
Norway
$78.3M +$810K +10,738 +1%
Ameriprise
17
Ameriprise
Minnesota
$67.7M -$1.08M -14,316 -2%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$56.9M -$31.4M -417,005 -35%
GKIM
19
GW&K Investment Management
Massachusetts
$53.3M +$1.58M +20,992 +3%
RP
20
Riverbridge Partners
Minnesota
$53.1M -$1.25M -16,604 -2%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$52.5M -$234K -3,107 -0.4%
TD Asset Management
22
TD Asset Management
Ontario, Canada
$51.5M +$1.66M +22,009 +3%
Lord, Abbett & Co
23
Lord, Abbett & Co
New Jersey
$50M +$251K +3,324 +0.5%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$48.2M -$627K -8,309 -1%
CS
25
Credit Suisse
Switzerland
$44.9M -$535K -7,100 -1%

DSGX Hedge Fund Activity: Q3 2023 in Review

255 of the 6,301 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.

Fund positioning in DSGX was balanced in Q3 2023: 20 funds opened new positions, 20 closed out, 96 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 259 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 20 closed out, a net change of 0 holders.
  • 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.