Vault-13

DESCARTES SYS GROUP INC DSGX

COM · Common Stock · CUSIP 249906108 · ISIN CA2499061083

343 institutional holders +19 vs Q2 2024
66,703,56966.7m shares reported held*
$6.9bnreported value*
35 new 128 added 125 reduced 16 sold out net sold ≈ $44.3m (-429.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($17.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $103.34. Options: 6 managers hold calls ($5.6m notional), 5 hold puts ($5.5m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 225Q4 22: 228Q1 23: 258Q2 23: 260Q3 23: 257Q4 23: 289Q1 24: 303Q2 24: 324Q3 24: 343343Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022225
Q4 2022228
Q1 2023258
Q2 2023260
Q3 2023257
Q4 2023289
Q1 2024303
Q2 2024324
Q3 2024343

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 91 bought or addedQ4 22: 126 cut or sold outQ1 23: 136 bought or addedQ1 23: 96 cut or sold outQ1 23Q2 23: 125 bought or addedQ2 23: 126 cut or sold outQ3 23: 114 bought or addedQ3 23: 126 cut or sold outQ3 23Q4 23: 150 bought or addedQ4 23: 109 cut or sold outQ1 24: 167 bought or addedQ1 24: 125 cut or sold outQ1 24Q2 24: 183 bought or addedQ2 24: 125 cut or sold outQ3 24: 163 bought or addedQ3 24: 141 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 202291126
Q1 202313696
Q2 2023125126
Q3 2023114126
Q4 2023150109
Q1 2024167125
Q2 2024183125
Q3 2024163141

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ4 23 calls: $680.9kQ4 23 puts: $2.2mQ4 23P/C 3.22Q1 24 calls: $4.3mQ1 24 puts: $878.5kQ1 24P/C 0.20Q2 24 calls: $4.1mQ2 24 puts: $6.0mQ2 24P/C 1.47Q3 24 calls: $5.6mQ3 24 puts: $5.5mQ3 24P/C 0.99
Numbers
QuarterCallsPutsP/C
Q4 2023$680.9k$2.2m3.22
Q1 2024$4.3m$878.5k0.20
Q2 2024$4.1m$6.0m1.47
Q3 2024$5.6m$5.5m0.99

Biggest buyers

NATIONAL BANK OF CANADA /FI/ Added +556,408+556.4k
PRICE T ROWE ASSOCIATES INC /MD/ Added +274,706+274.7k
MILLENNIUM MANAGEMENT LLC Added +173,638+173.6k
1832 Asset Management L.P. Added +80,333+80.3k
TD Asset Management Inc Added +79,278+79.3k
MORGAN STANLEY Added +73,831+73.8k
Vontobel Holding Ltd. Added +72,435+72.4k
Bank Julius Baer & Co. Ltd, Zurich New +64,580+64.6k
DF DENT & CO INC Added +61,080+61.1k
HSBC HOLDINGS PLC Added +55,180+55.2k

Biggest sellers

LORD, ABBETT & CO. LLC Reduced -527,895-527.9k
Triasima Portfolio Management inc. Reduced -174,321-174.3k
Granite Investment Partners, LLC Reduced -163,571-163.6k
JPMORGAN CHASE & CO Reduced -157,512-157.5k
GOLDMAN SACHS GROUP INC Reduced -142,062-142.1k
Connor, Clark & Lunn Investment Management Ltd. Reduced -138,362-138.4k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -131,167-131.2k
PRIMECAP MANAGEMENT CO/CA/ Reduced -124,172-124.2k
JENNISON ASSOCIATES LLC Reduced -106,466-106.5k
WASATCH ADVISORS LP Reduced -99,645-99.6k

Biggest calls

SIG North Trading, ULC Reduced $2.2m20.9k shares
CITADEL ADVISORS LLC Reduced $1.4m13.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $957.5k9.3k shares
NOMURA HOLDINGS INC New $926.6k9.0k shares
SIMPLEX TRADING, LLC Added $123.0k1.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Genus Capital Management Inc. Reduced $3.9m38.3k shares
CITADEL ADVISORS LLC Reduced $998.7k9.7k shares
SIG North Trading, ULC Added $483.9k4.7k shares
SIMPLEX TRADING, LLC New $92.0k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution -1.5 pts · filed 2026-08-14 6.6% -1.5 pts 5.7m≈ $392.6m 2026-08-14

Fell to 5% or below in the last year: BlackRock, Inc. (3.8%, 2026-10-27)

Insider purchases and sales in Q3 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio BALTIMORE, MD 7,564,0317.6m $778.8m $778.8m 0.09% Added +274.7k +274,706
2 Durable Capital Partners LP 2.60% of their portfolio Bethesda, MD 3,455,8873.5m $355.8m $355.8m 2.60% Unchanged
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 3,244,9823.2m $333.9m $333.9m 0.01% Added +51.2k +51,190
4 Conestoga Capital Advisors, LLC 4.43% of their portfolio WAYNE, PA 3,168,5943.2m $326.2m $326.2m 4.43% Added +52.5k +52,485
5 JARISLOWSKY, FRASER Ltd 1.64% of their portfolio MONTREAL, A8 2,838,8602.8m $292.4m $292.4m 1.64% Reduced -51.4k -51,372
6 Fiera Capital Corp 0.80% of their portfolio MONTREAL, A8 2,578,6482.6m $265.7m $265.7m 0.80% Added +19.8k +19,817
7 MACKENZIE FINANCIAL CORP 0.31% of their portfolio TORONTO ONTARIO, A6 2,147,2972.1m $221.0m $221.0m 0.31% Added +13.1k +13,069
8 PRIMECAP MANAGEMENT CO/CA/ 0.16% of their portfolio PASADENA, CA 2,114,3812.1m $217.7m $217.7m 0.16% Reduced -124.2k -124,172
9 Connor, Clark & Lunn Investment Management Ltd. 0.95% of their portfolio VANCOUVER, A1 1,912,3951.9m $196.8m $196.8m 0.95% Reduced -138.4k -138,362
10 T. Rowe Price Investment Management, Inc. 0.10% of their portfolio BALTIMORE, MD 1,665,5711.7m $171.5m $171.5m 0.10% Reduced -31.6k -31,580
11 BANK OF MONTREAL /CAN/ 0.07% of their portfolio TORONTO, A6 1,532,4931.5m $156.3m $156.3m 0.07% Reduced -12.5k -12,534
12 GENEVA CAPITAL MANAGEMENT LLC 2.54% of their portfolio MILWAUKEE, WI 1,476,6591.5m $152.0m $152.0m 2.54% Added +19.0k +19,002
13 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 1,367,9461.4m $142.7m $142.7m 0.04% Added +40.8k +40,807
14 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 1,350,8601.4m $139.1m $139.1m 0.03% Reduced -58.0k -58,050
15 CONGRESS ASSET MANAGEMENT CO 0.85% of their portfolio BOSTON, MA 1,211,8521.2m $124.8m $124.8m 0.85% Reduced -9.7k -9,736
16 NORGES BANK 0.02% of their portfolio OSLO, Q8 1,133,5741.1m $116.6m $116.6m 0.02% Added +9.9k +9,941
17 TD Asset Management Inc 0.08% of their portfolio Toronto, A6 871,558871.6k $89.2m $89.2m 0.08% Added +79.3k +79,278
18 RIVERBRIDGE PARTNERS LLC 1.19% of their portfolio MINNEAPOLIS, MN 866,193866.2k $89.2m $89.2m 1.19% Reduced -44.7k -44,716
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 705,663705.7k $72.7m $72.7m 0.00% First filing
20 NATIONAL BANK OF CANADA /FI/ 0.10% of their portfolio MONTREAL, A8 699,157699.2k $71.9m $71.9m 0.10% Added +556.4k +556,408
21 LORD, ABBETT & CO. LLC 0.22% of their portfolio JERSEY CITY, NJ 672,897672.9k $69.3m $69.3m 0.22% Reduced -527.9k -527,895
22 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 641,327641.3k $66.0m $66.0m 0.01% Reduced -48.0k -47,965
23 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 632,168632.2k $65.1m $65.1m 0.03% Reduced -1.4k -1,354
24 GW&K Investment Management, LLC 0.54% of their portfolio BOSTON, MA 613,952614.0k $63.2m $63.2m 0.54% Reduced -54.3k -54,313
25 WESTFIELD CAPITAL MANAGEMENT CO LP 0.27% of their portfolio BOSTON, MA 585,163585.2k $60.2m $60.2m 0.27% Added +20.2k +20,205
26 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 584,830584.8k $60.2m $60.2m 0.05% Added +598 +598
27 Allspring Global Investments Holdings, LLC 0.09% of their portfolio CHARLOTTE, NC 562,926562.9k $58.0m $58.0m 0.09% Reduced -31.0k -30,980
28 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 559,529559.5k $57.6m $57.6m 0.05% Reduced -52.3k -52,301
29 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 559,312559.3k $57.6m $57.6m 0.01% Reduced -131.2k -131,167
30 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 488,896488.9k $59.2m $59.2m 0.02% Added +257 +257
31 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 479,681479.7k $50.3m $50.3m 0.00% Added +46.5k +46,523
32 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 471,810471.8k $48.6m $48.6m 0.09% Reduced -60.4k -60,370
33 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 470,631470.6k $48.5m $48.5m 0.01% Added +9.8k +9,768
34 BANK OF NOVA SCOTIA 0.09% of their portfolio TORONTO, A6 454,177454.2k $46.7m $46.7m 0.09% Added +705 +705
35 SEGALL BRYANT & HAMILL, LLC 0.62% of their portfolio CHICAGO, IL 438,553438.6k $45.2m $45.2m 0.62% Added +5.6k +5,608
36 Clearbridge Investments, LLC 0.03% of their portfolio NEW YORK, NY 424,022424.0k $43.7m $43.7m 0.03% Reduced -4.7k -4,662
37 Premier Fund Managers Ltd 1.49% of their portfolio GUILDFORD, X0 411,419411.4k $42.0m $42.0m 1.49% Unchanged
38 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 399,043399.0k $41.1m $41.1m 0.03% Added +7.6k +7,601
39 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 369,700369.7k $38.1m $38.1m 0.06% Added +3.5k +3,500
40 Artisan Partners Limited Partnership 0.06% of their portfolio Milwaukee, WI 362,135362.1k $37.3m $37.3m 0.06% Reduced -88.0k -88,000
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 357,173357.2k $36.8m $36.8m 0.00% Added +73.8k +73,831
42 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 316,594316.6k $32.6m $32.6m 0.05% Added +80.3k +80,333
43 BLAIR WILLIAM & CO/IL 0.10% of their portfolio CHICAGO, IL 314,398314.4k $32.4m $32.4m 0.10% Reduced -39.6k -39,551
44 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 310,333310.3k $32.0m $32.0m 0.03% Reduced -7.8k -7,774
45 WASATCH ADVISORS LP 0.15% of their portfolio SALT LAKE CITY, UT 305,228305.2k $31.4m $31.4m 0.15% Reduced -99.6k -99,645
46 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.12% of their portfolio DENVER, CO 282,827282.8k $29.1m $29.1m 0.12% Reduced -14.0k -13,969
47 DF DENT & CO INC 0.35% of their portfolio BALTIMORE, MD 279,675279.7k $28.8m $28.8m 0.35% Added +61.1k +61,080
48 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 272,426272.4k $28.0m $28.0m 0.02% Added +173.6k +173,638
49 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 270,833270.8k $27.9m $27.9m 0.02% Reduced -3.3k -3,270
50 Zeno Equity Partners LLP 7.68% of their portfolio LONDON, X0 266,968267.0k $27.5m $27.5m 7.68% Added +692 +692
51 Legal & General Group Plc 0.01% of their portfolio London, X0 265,785265.8k $27.4m $27.4m 0.01% Reduced -38.3k -38,280
52 Swiss National Bank 0.02% of their portfolio ZURICH, V8 258,324258.3k $26.6m $26.6m 0.02% Added +2.7k +2,700
53 Russell Investments Group, Ltd. 0.04% of their portfolio Seattle, WA 255,597255.6k $26.3m $26.3m 0.04% Reduced -3.5k -3,529
54 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 250,592250.6k $25.8m $25.8m 0.01% Reduced -5.7k -5,664
55 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 249,878249.9k $25.7m $25.7m 0.00% Reduced -142.1k -142,062
56 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 247,891247.9k $25.5m $25.5m 0.01% Added +3.9k +3,906
57 Chevy Chase Trust Holdings, LLC 0.08% of their portfolio BETHESDA, MD 245,947245.9k $25.3m $25.3m 0.08% Reduced -1.2k -1,234
58 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 245,099245.1k $25.2m $25.2m 0.05% Added +3.3k +3,312
59 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 244,238244.2k $25.1m $25.1m 0.01% Reduced -6.4k -6,427
60 Aperture Investors, LLC 3.18% of their portfolio New York, NY 243,600243.6k $25.1m $25.1m 3.18% Added +7.3k +7,326
61 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 231,555231.6k $23.9m $23.9m 0.01% Added +39.2k +39,201
62 Grandeur Peak Global Advisors, LLC 1.97% of their portfolio SALT LAKE CITY, UT 230,825230.8k $23.8m $23.8m 1.97% Unchanged
63 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 227,070227.1k $23.4m $23.4m 0.00% Added +5.6k +5,640
64 Summit Creek Advisors LLC 3.14% of their portfolio MINNEAPOLIS, MN 224,389224.4k $23.1m $23.1m 3.14% Reduced -33.9k -33,865
65 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 220,104220.1k $22.7m $22.7m 0.03% Reduced -2.4k -2,385
66 Addenda Capital Inc. 1.06% of their portfolio MONTREAL, A8 214,200214.2k $29.8m $29.8m 1.06% Reduced -1.1k -1,060
67 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio CHICAGO, IL 212,184212.2k $21.8m $21.8m 0.05% Reduced -622 -622
68 Vontobel Holding Ltd. 0.07% of their portfolio ZURICH, V8 210,280210.3k $21.6m $21.6m 0.07% Added +72.4k +72,435
69 HERALD INVESTMENT MANAGEMENT Ltd 3.72% of their portfolio LONDON, X0 210,000210.0k $21.6m $21.6m 3.72% Reduced -20.0k -20,000
70 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 206,294206.3k $21.2m $21.2m 0.03% Added +4.0k +3,972
71 Stephens Investment Management Group LLC 0.27% of their portfolio LITTLE ROCK, AR 190,943190.9k $19.7m $19.7m 0.27% Reduced -33.1k -33,051
72 AEGON ASSET MANAGEMENT UK Plc 0.25% of their portfolio EDINBURGH, X0 184,058184.1k $18.7m $18.7m 0.25% Reduced -89 -89
73 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 172,213172.2k $17.7m $17.7m 0.01% Reduced -106.5k -106,466
74 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 172,166172.2k $17.7m $17.7m 0.00% Reduced -4.3k -4,291
75 FIL Ltd 0.02% of their portfolio HAMILTON, D0 165,000165.0k $17.0m $17.0m 0.02% Unchanged
76 CW Advisors, LLC 0.21% of their portfolio BOSTON, MA 153,931153.9k $15.8m $15.8m 0.21% Added +6.0k +5,988
77 FMR LLC 0.00% of their portfolio BOSTON, MA 150,654150.7k $15.5m $15.5m 0.00% Added +4.1k +4,067
78 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 147,551147.6k $15.2m $15.2m 0.01% Reduced -600 -600
79 STRS OHIO 0.06% of their portfolio COLUMBUS, OH 146,300146.3k $15.1m $15.1m 0.06% Added +36.3k +36,300
80 Fenimore Asset Management Inc 0.28% of their portfolio Cobleskill, NY 135,657135.7k $14.0m $14.0m 0.28% Reduced -475 -475
81 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 132,804132.8k $13.7m $13.7m 0.01% Added +24.7k +24,664
82 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 128,621128.6k $13.2m $13.2m 0.03% Reduced -51.5k -51,476
83 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 126,196126.2k $13.0m $13.0m 0.00% Reduced -157.5k -157,512
84 Pembroke Management, LTD 2.24% of their portfolio Montreal, A8 125,984126.0k $17.5m $17.5m 2.24% Unchanged
85 Man Group plc 0.04% of their portfolio LONDON, X0 125,951126.0k $13.0m $13.0m 0.04% Added +49.1k +49,092
86 CIBC Asset Management Inc 0.04% of their portfolio TORONTO, Z4 119,309119.3k $12.4m $12.4m 0.04% Reduced -500 -500
87 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 115,839115.8k $11.9m $11.9m 0.00% Added +16.3k +16,309
88 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 109,000109.0k $11.2m $11.2m 0.03% Reduced -2.0k -2,000
89 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 108,989109.0k $11.2m $11.2m 0.02% Reduced -1.6k -1,610
90 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 108,804108.8k $11.2m $11.2m 0.00% Reduced -2.5k -2,547
91 CIDEL ASSET MANAGEMENT INC 0.78% of their portfolio TORONTO, A6 107,204107.2k $11.0m $11.0m 0.78% Added +3.1k +3,062
92 HANTZ FINANCIAL SERVICES, INC. 0.19% of their portfolio SOUTHFIELD, MI 105,397105.4k $10.9m $10.9m 0.19% Reduced -3.1k -3,059
93 NICHOLAS COMPANY, INC. 0.17% of their portfolio MILWAUKEE, WI 101,340101.3k $10.4m $10.4m 0.17% Unchanged
94 AGF MANAGEMENT LTD 0.05% of their portfolio TORONTO, A6 99,08699.1k $10.2m $10.2m 0.05% Added +25.0k +25,009
95 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 98,69898.7k $10.2m $10.2m 0.01% Reduced -5.2k -5,249
96 Nicholas Investment Partners, LP 0.91% of their portfolio RANCHO SANTA FE, CA 96,37696.4k $9.9m $9.9m 0.91% Added +4.1k +4,094
97 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 88,38988.4k $9.1m $9.1m 0.02% Added +10.6k +10,625
98 Cumberland Partners Ltd 0.61% of their portfolio TORONTO, A6 85,90385.9k $8.8m $8.8m 0.61% Added +3.1k +3,065
99 SCOUT INVESTMENTS, INC. 0.24% of their portfolio KANSAS CITY, MO 85,54785.5k $9.0m $9.0m 0.24% Reduced -13.8k -13,820
100 Alberta Investment Management Corp 0.08% of their portfolio EDMONTON, A0 85,48785.5k $8.8m $8.8m 0.08% Reduced -28.9k -28,900