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Descartes Systems

302 hedge funds and large institutions have $6.08B invested in Descartes Systems in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 128 increasing their positions, 99 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $4.4M | Put options by funds: $1.25M

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

29% more repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 99

9% more capital invested

Capital invested by funds: $5.6B → $6.08B (+$482M)

5% more funds holding

Funds holding: 288302 (+14)

0.22% less ownership

Funds ownership: 77.89%77.68% (-0.22%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
302
Holders Change
+14
Holders Change %
+4.86%
% of All Funds
4.35%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
43
Increased
128
Reduced
99
Closed
27
Calls
$4.4M
Puts
$1.25M
Net Calls
+$3.16M
Net Calls Change
+$5.53M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$696M +$24.5M +278,796 +4%
DCP
2
Durable Capital Partners
Maryland
$333M -$19.3M -219,038 -6%
JFL
3
Jarislowsky, Fraser Ltd
Quebec, Canada
$305M -$88.5M -1,006,030 -23%
Vanguard Group
4
Vanguard Group
Pennsylvania
$287M +$3.6M +40,897 +1%
CCA
5
Conestoga Capital Advisors
Pennsylvania
$279M +$2.05M +23,285 +0.8%
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$227M +$4.88M +55,524 +2%
Primecap Management
7
Primecap Management
California
$210M -$4.68M -53,200 -2%
T. Rowe Price Investment Management
8
T. Rowe Price Investment Management
Maryland
$190M -$20.9M -238,030 -10%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$187M +$11.3M +128,689 +7%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$171M +$12.6M +143,367 +8%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$142M +$1.64M +18,684 +1%
Invesco
12
Invesco
Georgia
$140M -$607K -6,904 -0.4%
GCM
13
Geneva Capital Management
Wisconsin
$133M -$874K -9,940 -0.7%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$114M -$11.3M -128,644 -9%
Franklin Resources
15
Franklin Resources
California
$113M +$35.6M +404,468 +49%
Norges Bank
16
Norges Bank
Norway
$101M +$434K +4,940 +0.4%
RP
17
Riverbridge Partners
Minnesota
$89.4M +$23M +261,688 +37%
TD Asset Management
18
TD Asset Management
Ontario, Canada
$75.1M +$4.22M +47,949 +6%
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$70M +$7.61M +86,554 +13%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$66.4M +$3.89M +44,246 +6%
CS
21
Credit Suisse
Switzerland
$63.7M -$319K -3,629 -0.5%
Janus Henderson Group
22
Janus Henderson Group
United Kingdom
$63.1M -$2.24M -25,437 -4%
GKIM
23
GW&K Investment Management
Massachusetts
$61.7M -$1.18M -13,369 -2%
Goldman Sachs
24
Goldman Sachs
New York
$55.4M +$8.39M +95,344 +19%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$53.2M +$1.56M +17,789 +3%

DSGX Hedge Fund Activity: Q1 2024 in Review

302 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q1 2024, worth a combined $6.08B — up 8.6% from $5.6B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new DSGX positions and 27 closed out — a net gain of 16 holders — while 128 added to existing stakes and 99 trimmed.

The largest buyer was Westfield Capital Management, opening a new position worth an estimated $45.6M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $88.5M.

  • 302 institutional investors held Descartes Systems (DSGX) as of Q1 2024, up from 288 in Q4 2023.
  • Funds reported $6.08B of Descartes Systems stock for Q1 2024, up 8.6% quarter-over-quarter.
  • 43 funds opened new Descartes Systems positions in Q1 2024 and 27 closed out, a net change of +16 holders.
  • The largest Descartes Systems buyer in Q1 2024 was Westfield Capital Management, an estimated $45.6M added.
  • The largest Descartes Systems seller in Q1 2024 was Jarislowsky, Fraser Ltd, an estimated $88.5M sold.

Based on aggregated 13F filings for Q1 2024.