Descartes Systems Group Inc
DSGX- Exchange
- Nasdaq
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001050140
No open-market purchases or sales by Descartes Systems Group Inc insiders were filed in the last 90 days; 339 institutions reported holding it in 13F filings for Q2 2026, worth $4.95B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Descartes Systems Group Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 351
- −11 vs. Q3 2025
- Shares held
- 65.2M
- +2.83M (+4.5%) vs. Q3 2025
- Total value
- $5.73B
- −$159.7M (−2.7%) vs. Q3 2025
- New holders
- 54
- 137 more added
- Sold out
- 65
- 120 more reduced
10 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting DSGX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 339 | $4.95B |
| Q1 2026 | 348 | $4.93B |
| Q4 2025 | 351 | $5.73B |
| Q3 2025 | 372 | $6.13B |
| Q2 2025 | 356 | $6.91B |
| Q1 2025 | 356 | $6.75B |
| Q4 2024 | 371 | $7.78B |
| Q3 2024 | 342 | $6.90B |
| Q2 2024 | 323 | $6.45B |
| Q1 2024 | 302 | $6.08B |
| Q4 2023 | 288 | $5.57B |
| Q3 2023 | 256 | $4.92B |
| Q2 2023 | 259 | $5.34B |
| Q1 2023 | 257 | $5.41B |
| Q4 2022 | 228 | $4.71B |
| Q3 2022 | 225 | $4.43B |
| Q2 2022 | 216 | $4.25B |
| Q1 2022 | 233 | $4.89B |
| Q4 2021 | 222 | $5.25B |
| Q3 2021 | 204 | $5.54B |
| Q2 2021 | 197 | $4.72B |
| Q1 2021 | 190 | $4.18B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Descartes Systems Group Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Price T Rowe Associates Inc | 6,993,132 | $613.0M | 0.07% | −776,252−10.0% | Reduced |
| Vanguard Group Inc | 3,602,652 | $316.0M | 0.00% | +69,260+2.0% | Added |
| Mackenzie Financial Corp | 3,371,562 | $296.3M | 0.35% | +56,069+1.7% | Added |
| 1832 Asset Management L.P. | 2,594,300 | $227.4M | 0.29% | +2,415,075+1,347.5% | Added |
| Conestoga Capital Advisors, LLC | 2,508,569 | $219.9M | 3.70% | −126,907−4.8% | Reduced |
| Janus Henderson Group PLC | 2,473,531 | $217.0M | 0.10% | +203,614+9.0% | Added |
| Arrowstreet Capital, Limited Partnership | 1,743,262 | $152.9M | 0.09% | +743,104+74.3% | Added |
| Durable Capital Partners LP | 1,710,202 | $149.9M | 1.42% | +1,710,202 | New |
| Morgan Stanley | 1,584,393 | $138.9M | 0.01% | +780,857+97.2% | Added |
| Bank of Montreal | 1,557,921 | $136.7M | 0.06% | −125,869−7.5% | Reduced |
| Temasek Holdings (Private) Ltd | 1,464,165 | $128.3M | 0.41% | 00.0% | Unchanged |
| Geneva Capital Management LLC | 1,429,426 | $125.3M | 2.35% | −142,627−9.1% | Reduced |
| Fiera Capital Corp | 1,371,213 | $120.3M | 0.38% | −1,604,880−53.9% | Reduced |
| Westfield Capital Management Co LP | 1,193,869 | $104.7M | 0.44% | +192,538+19.2% | Added |
| CIBC Asset Management Inc | 1,166,883 | $103.3M | 0.25% | +203,522+21.1% | Added |
| Primecap Management Co | 1,178,440 | $103.3M | 0.08% | −4,700−0.4% | Reduced |
| Norges Bank | 1,144,488 | $100.4M | 0.01% | +1,144,488 | New |
| Geode Capital Management, LLC | 1,122,692 | $100.3M | 0.01% | +251,026+28.8% | Added |
| FMR LLC | 957,399 | $83.9M | 0.00% | +580,366+153.9% | Added |
| D. E. Shaw & Co., Inc. | 799,853 | $70.1M | 0.05% | +564,489+239.8% | Added |
| Franklin Resources Inc | 753,938 | $66.1M | 0.02% | −456,844−37.7% | Reduced |
| Royal Bank of Canada | 692,945 | $60.7M | 0.01% | −326,163−32.0% | Reduced |
| TD Asset Management Inc | 684,766 | $60.2M | 0.05% | −261,830−27.7% | Reduced |
| Renaissance Technologies LLC | 672,944 | $59.0M | 0.09% | +181,100+36.8% | Added |
| Goldman Sachs Group Inc | 575,036 | $50.4M | 0.01% | +75,980+15.2% | Added |
| Riverbridge Partners LLC | 534,345 | $46.8M | 0.88% | −54,400−9.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 506,054 | $44.4M | 0.12% | −340,360−40.2% | Reduced |
| Picton Mahoney Asset Management | 496,483 | $43.6M | 0.48% | +51,709+11.6% | Added |
| Manufacturers Life Insurance Company, The | 457,684 | $40.2M | 0.03% | −9,526−2.0% | Reduced |
| Bank of America Corp | 452,770 | $39.7M | 0.00% | −190,047−29.6% | Reduced |
| Segall Bryant & Hamill, LLC | 445,340 | $39.0M | 0.53% | +6,188+1.4% | Added |
| GW&K Investment Management, LLC | 429,598 | $37.7M | 0.33% | −54,378−11.2% | Reduced |
| Bank of Nova Scotia | 424,463 | $37.2M | 0.06% | +46,320+12.2% | Added |
| Two Sigma Investments, LP | 414,909 | $36.4M | 0.05% | +53,008+14.6% | Added |
| Legal & General Group Plc | 412,795 | $36.3M | 0.01% | +5,880+1.4% | Added |
| Clearbridge Investments, LLC | 403,854 | $35.4M | 0.03% | +81,354+25.2% | Added |
| Toronto Dominion Bank | 396,689 | $34.8M | 0.06% | +272,416+219.2% | Added |
| Select Equity Group, L.P. | 382,354 | $33.6M | 0.16% | +382,354 | New |
| BlackRock, Inc. | 368,999 | $32.3M | 0.00% | −55,279−13.0% | Reduced |
| DF Dent & Co Inc | 352,094 | $30.9M | 0.44% | −20,231−5.4% | Reduced |
| National Bank of Canada | 347,073 | $30.4M | 0.03% | +126,930+57.7% | Added |
| Premier Fund Managers Ltd | 340,503 | $30.0M | 1.73% | −70,379−17.1% | Reduced |
| Ophir Asset Management Pty Ltd | 334,391 | $29.3M | 3.29% | +127,060+61.3% | Added |
| Grandeur Peak Global Advisors, LLC | 333,955 | $29.3M | 3.95% | −81,500−19.6% | Reduced |
| Dixon Mitchell Investment Counsel Inc. | 331,971 | $29.2M | 0.96% | −7,399−2.2% | Reduced |
| Citadel Advisors LLC | 331,024 | $29.0M | 0.02% | +166,371+101.0% | Added |
| Dimensional Fund Advisors LP | 327,406 | $28.7M | 0.01% | +205,901+169.5% | Added |
| Ameriprise Financial Inc | 280,803 | $28.3M | 0.01% | −36,360−11.5% | Reduced |
| Millennium Management LLC | 314,147 | $27.6M | 0.02% | +163,912+109.1% | Added |
| T. Rowe Price Investment Management, Inc. | 298,333 | $26.2M | 0.02% | −1,689,071−85.0% | Reduced |
| Point72 Asset Management, L.P. | 291,483 | $25.6M | 0.04% | +242,865+499.5% | Added |
| Principal Financial Group Inc | 278,623 | $24.5M | 0.01% | +71,390+34.4% | Added |
| Caisse de Depot Et Placement du Quebec | 270,929 | $23.8M | 0.04% | −160,126−37.1% | Reduced |
| Public Employees Retirement Association of Colorado | 261,227 | $22.9M | 0.08% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 261,172 | $22.9M | 0.08% | +127,707+95.7% | Added |
| Lord, Abbett & Co. LLC | 259,733 | $22.8M | 0.07% | +1,163+0.4% | Added |
| Deutsche Bank AG | 250,768 | $22.0M | 0.01% | +8,307+3.4% | Added |
| Jane Street Group, LLC | 237,973 | $20.9M | 0.02% | +142,558+149.4% | Added |
| BNP Paribas Arbitrage, SA | 236,003 | $20.7M | 0.01% | +210,041+809.0% | Added |
| Baird Financial Group, Inc. | 232,314 | $20.4M | 0.03% | −13,586−5.5% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 230,083 | $20.2M | 0.05% | −337−0.1% | Reduced |
| Swiss National Bank | 227,824 | $20.0M | 0.01% | −19,100−7.7% | Reduced |
| UBS Group AG | 225,603 | $19.8M | 0.00% | +144,233+177.3% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 218,572 | $19.2M | 0.05% | +54,216+33.0% | Added |
| Blair William & Co | 217,667 | $19.1M | 0.05% | −127,934−37.0% | Reduced |
| Stephens Investment Management Group LLC | 207,652 | $18.2M | 0.24% | +8,935+4.5% | Added |
| William Blair Investment Management, LLC | 204,931 | $18.0M | 0.05% | +53,408+35.2% | Added |
| Bessemer Group Inc | 198,496 | $17.4M | 0.03% | −86,608−30.4% | Reduced |
| Sone Capital Management, LLC | 197,514 | $17.3M | 1.41% | +3,773+1.9% | Added |
| Montrusco Bolton Investments Inc. | 192,740 | $16.9M | 0.21% | +64,777+50.6% | Added |
| AQR Capital Management LLC | 190,089 | $16.7M | 0.01% | +187,966+8,853.8% | Added |
| Charles Schwab Investment Management Inc | 189,533 | $16.6M | 0.00% | +3,473+1.9% | Added |
| Herald Investment Management Ltd | 185,000 | $16.2M | 2.12% | 00.0% | Unchanged |
| Nuveen, LLC | 179,413 | $15.8M | 0.00% | −38,238−17.6% | Reduced |
| Summit Creek Advisors LLC | 179,044 | $15.7M | 2.47% | +3,579+2.0% | Added |
| Nomura Asset Management International Inc. | 167,008 | $14.6M | 0.02% | +167,008 | New |
| Praesidium Investment Management Company, LLC | 166,188 | $14.6M | 2.70% | −85,652−34.0% | Reduced |
| Massachusetts Financial Services Co | 157,404 | $13.8M | 0.00% | −242,577−60.6% | Reduced |
| Guardian Capital LP | 150,501 | $13.2M | 0.39% | +134,140+819.9% | Added |
| Citigroup Inc | 144,221 | $12.7M | 0.01% | −12,946−8.2% | Reduced |
| Canada Pension Plan Investment Board | 140,560 | $12.3M | 0.01% | +12,768+10.0% | Added |
| SEI Investments Co | 130,814 | $11.5M | 0.01% | +7,658+6.2% | Added |
| Fenimore Asset Management Inc | 130,384 | $11.4M | 0.24% | −935−0.7% | Reduced |
| Agf Management Ltd | 125,147 | $11.0M | 0.05% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 121,400 | $10.6M | 0.02% | +67,300+124.4% | Added |
| Public Sector Pension Investment Board | 117,180 | $10.3M | 0.03% | +95,400+438.0% | Added |
| Amundi | 116,852 | $10.2M | 0.00% | +32,628+38.7% | Added |
| Russell Investments Group, Ltd. | 116,520 | $10.2M | 0.01% | −12,480−9.7% | Reduced |
| JPMorgan Chase & Co | 113,696 | $9.97M | 0.00% | −33,744−22.9% | Reduced |
| Bank of New York Mellon Corp | 113,621 | $9.96M | 0.00% | −5,219−4.4% | Reduced |
| Waratah Capital Advisors Ltd. | 111,259 | $9.75M | 0.74% | +111,259 | New |
| Envestnet Asset Management Inc | 110,819 | $9.71M | 0.00% | −95,938−46.4% | Reduced |
| Raymond James Financial Inc | 108,136 | $9.48M | 0.00% | −7,693−6.6% | Reduced |
| Nicholas Company, Inc. | 101,425 | $8.89M | 0.16% | +350.0% | Added |
| Pembroke Management, LTD | 100,973 | $8.85M | 0.91% | +1,776+1.8% | Added |
| Qube Research & Technologies Ltd | 94,868 | $8.32M | 0.01% | +4,762+5.3% | Added |
| STRS Ohio | 92,735 | $8.14M | 0.03% | −12,526−11.9% | Reduced |
| Balyasny Asset Management LLC | 88,564 | $7.76M | 0.01% | +39,718+81.3% | Added |
| Scotia Capital Inc. | 83,893 | $7.34M | 0.03% | −5,054−5.7% | Reduced |
| Barclays PLC | 76,338 | $6.69M | 0.00% | +71,308+1,417.7% | Added |