Descartes Systems
DSGX
323 hedge funds and large institutions have $6.45B invested in Descartes Systems in 2024 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 134 increasing their positions, 94 reducing their positions, and 29 closing their positions.
83% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 29
43% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 94
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more funds holding
Funds holding: 302 → 323 (+21)
6% more capital invested
Capital invested by funds: $6.08B → $6.45B (+$370M)
0.08% more ownership
Funds ownership: 77.68% → 77.76% (+0.08%)
42% less call options, than puts
Call options by funds: $4.1M | Put options by funds: $7.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$115M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$64.9M |
| 3 |
BlackRock
New York
|
+$20.1M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$20M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$59.5M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$41.3M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$35.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.5M |
| 5 |
Goldman Sachs
New York
|
-$20M |
DSGX Hedge Fund Activity: Q2 2024 in Review
323 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2024, worth a combined $6.45B — up 6.1% from $6.08B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new DSGX positions and 29 closed out — a net gain of 24 holders — while 134 added to existing stakes and 94 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $115M. The largest seller was Arrowstreet Capital, cutting an estimated $59.5M.
- 323 institutional investors held Descartes Systems (DSGX) as of Q2 2024, up from 302 in Q1 2024.
- Funds reported $6.45B of Descartes Systems stock for Q2 2024, up 6.1% quarter-over-quarter.
- 53 funds opened new Descartes Systems positions in Q2 2024 and 29 closed out, a net change of +24 holders.
- The largest Descartes Systems buyer in Q2 2024 was Congress Asset Management, an estimated $115M added.
- The largest Descartes Systems seller in Q2 2024 was Arrowstreet Capital, an estimated $59.5M sold.
Based on aggregated 13F filings for Q2 2024.