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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.

Institutional holdersQ4 2025: 351 institutions
Q1 2021: 190 institutionsQ2 2021: 197 institutionsQ3 2021: 204 institutionsQ4 2021: 222 institutionsQ1 2022: 233 institutionsQ2 2022: 216 institutionsQ3 2022: 225 institutionsQ4 2022: 228 institutionsQ1 2023: 257 institutionsQ2 2023: 259 institutionsQ3 2023: 256 institutionsQ4 2023: 288 institutionsQ1 2024: 302 institutionsQ2 2024: 323 institutionsQ3 2024: 342 institutionsQ4 2024: 371 institutionsQ1 2025: 356 institutionsQ2 2025: 356 institutionsQ3 2025: 372 institutionsQ4 2025: 351 institutionsQ1 2026: 348 institutionsQ2 2026: 339 institutions
Value heldQ4 2025: $5.73B
Q1 2021: $4.18BQ2 2021: $4.72BQ3 2021: $5.54BQ4 2021: $5.25BQ1 2022: $4.89BQ2 2022: $4.25BQ3 2022: $4.43BQ4 2022: $4.71BQ1 2023: $5.41BQ2 2023: $5.34BQ3 2023: $4.92BQ4 2023: $5.57BQ1 2024: $6.08BQ2 2024: $6.45BQ3 2024: $6.90BQ4 2024: $7.78BQ1 2025: $6.75BQ2 2025: $6.91BQ3 2025: $6.13BQ4 2025: $5.73BQ1 2026: $4.93BQ2 2026: $4.95B
Institutions holding DSGX and their total value by quarter
QuarterHoldersValue
Q2 2026339$4.95B
Q1 2026348$4.93B
Q4 2025351$5.73B
Q3 2025372$6.13B
Q2 2025356$6.91B
Q1 2025356$6.75B
Q4 2024371$7.78B
Q3 2024342$6.90B
Q2 2024323$6.45B
Q1 2024302$6.08B
Q4 2023288$5.57B
Q3 2023256$4.92B
Q2 2023259$5.34B
Q1 2023257$5.41B
Q4 2022228$4.71B
Q3 2022225$4.43B
Q2 2022216$4.25B
Q1 2022233$4.89B
Q4 2021222$5.25B
Q3 2021204$5.54B
Q2 2021197$4.72B
Q1 2021190$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.

Institutions holding DSGX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Aigen Investment Management, LP3,205$280.9K0.07%−108−3.3%Reduced
Susquehanna International Group, LLP3,206$281.0K0.00%−2,789−46.5%Reduced
Marco Investment Management LLC3,235$283.6K0.02%00.0%Unchanged
Fiduciary Trust Co3,254$285.2K0.00%−711−17.9%Reduced
Ascent Group, LLC3,283$287.8K0.01%+31+1.0%Added
State Board of Administration of Florida Retirement System3,345$293.2K0.00%+500+17.6%Added
Prelude Capital Management, LLC3,344$293.4K0.02%+3,344New
Sequoia Financial Advisors, LLC3,457$303.0K0.00%+3,457New
Cerity Partners LLC3,484$305.4K0.00%−865−19.9%Reduced
MidFirst Bank3,524$308.9K0.02%+3,524New
Nelson, Van Denburg & Campbell Wealth Management Group, LLC3,704$324.7K0.01%−599−13.9%Reduced
Cambridge Investment Research Advisors, Inc.3,764$330.0K0.00%−6,565−63.6%Reduced
Cynosure Management, LLC3,920$343.6K0.04%00.0%Unchanged
Trust Point Inc.4,042$354.3K0.03%+90+2.3%Added
Harvest Portfolios Group Inc.4,055$355.7K0.01%+632+18.5%Added
State of Wyoming4,050$355.8K0.04%+600+17.4%Added
MML Investors Services, LLC4,062$356.1K0.00%−1,738−30.0%Reduced
Nia Impact Advisors, LLC4,100$359.4K0.12%−100−2.4%Reduced
Vestmark Advisory Solutions, Inc.4,244$372.0K0.01%+4,244New
Meridian Wealth Management, LLC4,307$377.6K0.01%+970+29.1%Added
State Street Corp4,553$399.1K0.00%+1,204+36.0%Added
Hardy Reed LLC4,614$404.5K0.03%+62+1.4%Added
Natixis4,642$406.9K0.00%+16+0.3%Added
XTX Topco Ltd4,662$408.7K0.01%−7,151−60.5%Reduced
Gulf International Bank (UK) Ltd4,745$416.0K0.01%00.0%Unchanged
Prudential PLC4,805$421.5K0.00%+4,805New
Advisory Advocates, LLC4,813$421.9K0.42%+4,813New
Gen-Wealth Partners Inc4,938$432.8K0.14%−3,268−39.8%Reduced
Centiva Capital, LP5,363$470.1K0.03%+5,363New
Commerce Bank5,386$472.1K0.00%−1,140−17.5%Reduced
Koshinski Asset Management, Inc.5,416$474.8K0.03%−294−5.1%Reduced
Daiwa Securities Group Inc.5,459$478.0K0.00%+409+8.1%Added
HighTower Advisors, LLC5,782$506.9K0.00%−1,967−25.4%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management5,820$510.2K0.01%+195+3.5%Added
Swiss Life Asset Management Ltd5,883$516.0K0.00%+12+0.2%Added
David Loasby6,094$540.0K0.04%−813−11.8%Reduced
Captrust Financial Advisors6,173$541.1K0.00%+1,652+36.5%Added
Value Partners Investments Inc.6,335$556.5K0.04%+445+7.6%Added
Summitry LLC6,353$556.9K0.02%+1,099+20.9%Added
Sciencast Management LP6,882$603.3K0.08%+6,882New
Twinbeech Capital LP6,900$604.9K0.04%+6,900New
Ritholtz Wealth Management6,911$605.8K0.01%+257+3.9%Added
CenterBook Partners LP7,115$623.7K0.03%−3,371−32.1%Reduced
Dynamic Technology Lab Private Ltd7,543$661.0K0.15%−13,197−63.6%Reduced
DekaBank Deutsche Girozentrale6,472$661.0K0.00%00.0%Unchanged
Crestwood Advisors Group LLC7,591$665.4K0.01%−5,490−42.0%Reduced
Callan Family Office, LLC7,871$690.0K0.01%+7,871New
WoodTrust Financial Corp7,900$693.0K0.08%−3,000−27.5%Reduced
Victory Capital Management Inc7,921$694.4K0.00%+3,373+74.2%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.6,000$725.0K0.00%+6,000New
NLB Skladi, upravljanje premozenja, d.o.o.8,545$749.6K0.03%+8,545New
First Trust Advisors LP8,764$768.7K0.00%−4,715−35.0%Reduced
United Capital Financial Advisers, LLC8,796$771.1K0.00%+1,637+22.9%Added
Vontobel Holding Ltd.8,838$775.3K0.00%−27,903−75.9%Reduced
The PNC Financial Services Group, Inc.8,991$788.2K0.00%+116+1.3%Added
Harbor Capital Advisors, Inc.9,129$800.0K0.06%+2,766+43.5%Added
Utah Retirement Systems9,568$840.5K0.01%00.0%Unchanged
Worldquant Millennium Advisors LLC9,736$854.4K0.00%+9,736New
Glenmede Trust Co NA9,793$858.5K0.00%+9,793New
Claret Asset Management Corp9,794$859.0K0.10%+90+0.9%Added
Hudson Bay Capital Management LP10,000$876.6K0.01%+5,000+100.0%Added
TD Waterhouse Canada Inc.10,434$912.3K0.01%−2,201−17.4%Reduced
Investment Management Corp of Ontario10,550$924.8K0.01%+7,368+231.6%Added
Capstone Investment Advisors, LLC11,168$979.0K0.01%+2,815+33.7%Added
Walleye Capital LLC11,577$1.01M0.01%+11,577New
O'Shaughnessy Asset Management, LLC11,681$1.02M0.01%+1,200+11.4%Added
Wells Fargo & Company11,781$1.03M0.00%+5,956+102.2%Added
Bank Julius Baer & Co. Ltd, Zurich11,971$1.05M0.00%−16,474−57.9%Reduced
Kennedy Capital Management, Inc.12,152$1.07M0.02%−18,027−59.7%Reduced
Wellington Management Group LLP12,353$1.09M0.00%+935+8.2%Added
Alliancebernstein L.P.12,409$1.09M0.00%−3,016−19.6%Reduced
Stephens Inc12,536$1.10M0.01%+3,384+37.0%Added
JustInvest LLC13,877$1.22M0.01%−441−3.1%Reduced
M&T Bank Corp13,932$1.22M0.00%+2,339+20.2%Added
Schonfeld Strategic Advisors LLC14,340$1.26M0.01%+1,274+9.8%Added
Forsta Ap-Fonden15,000$1.32M0.01%+100+0.7%Added
Squarepoint Ops LLC15,209$1.33M0.00%+2,102+16.0%Added
Stifel Financial Corp15,891$1.39M0.00%+2,676+20.2%Added
American Century Companies Inc15,916$1.40M0.00%+616+4.0%Added
Entropy Technologies, LP15,960$1.40M0.08%+9,247+137.7%Added
Pinnacle Financial Partners, Inc.16,326$1.43M0.01%+16,326New
American Capital Management Inc16,949$1.49M0.07%+5,772+51.6%Added
Graham Capital Management, L.P.17,590$1.54M0.05%+14,024+393.3%Added
Campbell & CO Investment Adviser LLC17,702$1.55M0.07%−25,503−59.0%Reduced
Cetera Investment Advisers17,872$1.57M0.00%−2,071−10.4%Reduced
Skandinaviska Enskilda Banken AB (publ)13,384$1.61M0.01%−3,972−22.9%Reduced
Lansforsakringar Fondforvaltning AB (publ)19,098$1.68M0.01%00.0%Unchanged
Fred Alger Management, LLC19,157$1.68M0.01%−20,278−51.4%Reduced
George Kaiser Family Foundation19,459$1.71M0.23%00.0%Unchanged
Quantinno Capital Management LP19,533$1.71M0.00%+928+5.0%Added
Headlands Technologies LLC20,253$1.78M0.15%+3,313+19.6%Added
SIG North Trading, ULC20,453$1.79M0.31%+12,032+142.9%Added
Mariner, LLC20,744$1.82M0.00%−2,080−9.1%Reduced
Atria Investments LLC21,038$1.84M0.02%+893+4.4%Added
Oppenheimer Asset Management Inc.23,542$2.06M0.03%−18,278−43.7%Reduced
Oak Ridge Investments LLC24,119$2.11M0.13%−632−2.6%Reduced
Great West Life Assurance Co24,568$2.15M0.00%−12,846−34.3%Reduced
Bank of Nova Scotia Trust Co24,542$2.15M0.19%−27,276−52.6%Reduced
Wasatch Advisors Inc24,826$2.18M0.01%−50,060−66.8%Reduced
Creative Planning25,076$2.20M0.00%+418+1.7%Added