Descartes Systems
DSGX
359 hedge funds and large institutions have $6.91B invested in Descartes Systems in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 120 increasing their positions, 156 reducing their positions, and 32 closing their positions.
22% more capital inflows, than outflows
Capital inflows: $678M | Capital outflows: $555M
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
1.1% more ownership
Funds ownership: 77.92% → 79.02% (+1.1%)
8% more call options, than puts
Call options by funds: $6.84M | Put options by funds: $6.33M
0% more funds holding
Funds holding: 359 → 359 (0)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
23% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$150M |
| 2 |
Temasek Holdings
Singapore
|
+$94.6M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$64.7M |
| 4 |
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$50.4M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$47.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$62.1M |
| 2 |
Durable Capital Partners
Bethesda,
Maryland
|
-$59.6M |
| 3 |
BlackRock
New York
|
-$45.4M |
| 4 |
Primecap Management
Pasadena,
California
|
-$31.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$18.9M |
DSGX Hedge Fund Activity: Q2 2025 in Review
359 of the 7,628 institutional investors tracked by Wall St. Rank reported a position in Descartes Systems (DSGX) for Q2 2025, worth a combined $6.91B — up 2.3% from $6.75B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new DSGX positions and 32 closed out — a net gain of 6 holders — while 120 added to existing stakes and 156 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $150M. The largest seller was National Bank of Canada, cutting an estimated $62.1M.
- 359 institutional investors held Descartes Systems (DSGX) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $6.91B of Descartes Systems stock for Q2 2025, up 2.3% quarter-over-quarter.
- 38 funds opened new Descartes Systems positions in Q2 2025 and 32 closed out, a net change of +6 holders.
- The largest Descartes Systems buyer in Q2 2025 was T. Rowe Price Associates, an estimated $150M added.
- The largest Descartes Systems seller in Q2 2025 was National Bank of Canada, an estimated $62.1M sold.
Based on aggregated 13F filings for Q2 2025.