Skip to main content

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
Ensign Peak Advisors, Inc73,427$6.44M0.01%−13,112−15.2%Reduced
Louisbourg Investments Inc.71,863$6.31M1.26%+34,515+92.4%Added
NewGen Asset Management Ltd70,000$6.14M3.93%+70,000New
Canoe Financial LP69,455$6.09M0.08%+9,400+15.7%Added
RE Advisers Corp69,370$6.08M0.16%00.0%Unchanged
Aviva PLC68,548$6.02M0.01%+3,815+5.9%Added
Magnetar Financial LLC66,947$5.87M0.06%−2,033−2.9%Reduced
LPL Financial LLC66,712$5.85M0.00%−1,224−1.8%Reduced
Neuberger Berman Group LLC63,610$5.58M0.00%+318+0.5%Added
Northern Trust Corp59,008$5.17M0.00%−9,676−14.1%Reduced
CIBC World Markets Inc.58,424$5.13M0.01%+11,636+24.9%Added
Argent Capital Management LLC57,725$5.06M0.14%−1,358−2.3%Reduced
Warren Averett Asset Management, LLC56,057$4.91M0.04%−1,220−2.1%Reduced
Healthcare of Ontario Pension Plan Trust Fund55,555$4.87M0.01%+55,555New
Man Group plc55,521$4.87M0.01%+55,521New
FIL Ltd55,356$4.86M0.00%−515,305−90.3%Reduced
Marshall Wace, LLP55,030$4.82M0.00%−113,046−67.3%Reduced
Cidel Asset Management Inc54,048$4.75M0.34%−93,812−63.4%Reduced
Royal London Asset Management Ltd53,339$4.68M0.01%+532+1.0%Added
Reynders McVeigh Capital Management, LLC52,600$4.61M0.22%−2,660−4.8%Reduced
Jump Financial, LLC52,251$4.58M0.06%+52,251New
Alpine Peaks Capital, LP51,000$4.47M4.27%+26,000+104.0%Added
APG Asset Management N.V.59,493$4.45M0.01%−3,507−5.6%Reduced
Pathstone Holdings, LLC50,298$4.41M0.02%−1,467−2.8%Reduced
Royce & Associates LP45,966$4.03M0.04%00.0%Unchanged
British Columbia Investment Management Corp45,676$4.01M0.02%−4,421−8.8%Reduced
Pictet Asset Management Holding SA45,206$3.97M0.00%+6,226+16.0%Added
Aquatic Capital Management LLC45,213$3.96M0.11%+7,494+19.9%Added
Centaurus Financial, Inc.45,148$3.96M0.18%−159−0.4%Reduced
Northwest & Ethical Investments L.P.43,958$3.85M0.09%+6,892+18.6%Added
Crown Oak Advisors, LLC43,559$3.82M1.81%+702+1.6%Added
ExodusPoint Capital Management, LP42,434$3.72M0.04%−5,059−10.7%Reduced
Trexquant Investment LP41,704$3.66M0.03%+41,704New
Korea Investment CORP40,244$3.54M0.01%+11,300+39.0%Added
Quantbot Technologies LP39,408$3.45M0.11%+2,564+7.0%Added
Engineers Gate Manager LP38,970$3.42M0.04%+31,106+395.5%Added
Independent Advisor Alliance38,515$3.38M0.08%−147−0.4%Reduced
Colony Group, LLC35,863$3.14M0.00%+748+2.1%Added
Gotham Asset Management, LLC33,692$2.95M0.01%+24,000+247.6%Added
Granahan Investment Management Inc33,237$2.91M0.12%−182,707−84.6%Reduced
Mn Services Vermogensbeheer B.V.32,139$2.82M0.02%+639+2.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)31,726$2.79M0.01%−9,643−23.3%Reduced
Cumberland Partners Ltd31,450$2.76M0.17%−24,709−44.0%Reduced
Quantum Capital Management, LLC31,421$2.75M0.32%−83,107−72.6%Reduced
State of Wisconsin Investment Board30,200$2.65M0.01%+30,200New
Invesco Ltd.30,063$2.64M0.00%+2,353+8.5%Added
Federation des caisses Desjardins du Quebec29,707$2.60M0.01%−23,128−43.8%Reduced
Voleon Capital Management LP28,930$2.54M0.05%+28,930New
Y-Intercept (Hong Kong) Ltd28,038$2.46M0.05%+1,935+7.4%Added
Aviso Financial Inc.27,371$2.40M0.09%+230+0.8%Added
Public Employees Retirement System of Ohio27,061$2.38M0.01%+12,840+90.3%Added
Creative Planning25,076$2.20M0.00%+418+1.7%Added
Wasatch Advisors Inc24,826$2.18M0.01%−50,060−66.8%Reduced
Bank of Nova Scotia Trust Co24,542$2.15M0.19%−27,276−52.6%Reduced
Great West Life Assurance Co24,568$2.15M0.00%−12,846−34.3%Reduced
Oak Ridge Investments LLC24,119$2.11M0.13%−632−2.6%Reduced
Oppenheimer Asset Management Inc.23,542$2.06M0.03%−18,278−43.7%Reduced
Atria Investments LLC21,038$1.84M0.02%+893+4.4%Added
Mariner, LLC20,744$1.82M0.00%−2,080−9.1%Reduced
SIG North Trading, ULC20,453$1.79M0.31%+12,032+142.9%Added
Headlands Technologies LLC20,253$1.78M0.15%+3,313+19.6%Added
Quantinno Capital Management LP19,533$1.71M0.00%+928+5.0%Added
George Kaiser Family Foundation19,459$1.71M0.23%00.0%Unchanged
Fred Alger Management, LLC19,157$1.68M0.01%−20,278−51.4%Reduced
Lansforsakringar Fondforvaltning AB (publ)19,098$1.68M0.01%00.0%Unchanged
Skandinaviska Enskilda Banken AB (publ)13,384$1.61M0.01%−3,972−22.9%Reduced
Cetera Investment Advisers17,872$1.57M0.00%−2,071−10.4%Reduced
Campbell & CO Investment Adviser LLC17,702$1.55M0.07%−25,503−59.0%Reduced
Graham Capital Management, L.P.17,590$1.54M0.05%+14,024+393.3%Added
American Capital Management Inc16,949$1.49M0.07%+5,772+51.6%Added
Pinnacle Financial Partners, Inc.16,326$1.43M0.01%+16,326New
Entropy Technologies, LP15,960$1.40M0.08%+9,247+137.7%Added
American Century Companies Inc15,916$1.40M0.00%+616+4.0%Added
Stifel Financial Corp15,891$1.39M0.00%+2,676+20.2%Added
Squarepoint Ops LLC15,209$1.33M0.00%+2,102+16.0%Added
Forsta Ap-Fonden15,000$1.32M0.01%+100+0.7%Added
Schonfeld Strategic Advisors LLC14,340$1.26M0.01%+1,274+9.8%Added
M&T Bank Corp13,932$1.22M0.00%+2,339+20.2%Added
JustInvest LLC13,877$1.22M0.01%−441−3.1%Reduced
Stephens Inc12,536$1.10M0.01%+3,384+37.0%Added
Alliancebernstein L.P.12,409$1.09M0.00%−3,016−19.6%Reduced
Wellington Management Group LLP12,353$1.09M0.00%+935+8.2%Added
Kennedy Capital Management, Inc.12,152$1.07M0.02%−18,027−59.7%Reduced
Bank Julius Baer & Co. Ltd, Zurich11,971$1.05M0.00%−16,474−57.9%Reduced
Wells Fargo & Company11,781$1.03M0.00%+5,956+102.2%Added
O'Shaughnessy Asset Management, LLC11,681$1.02M0.01%+1,200+11.4%Added
Walleye Capital LLC11,577$1.01M0.01%+11,577New
Capstone Investment Advisors, LLC11,168$979.0K0.01%+2,815+33.7%Added
Investment Management Corp of Ontario10,550$924.8K0.01%+7,368+231.6%Added
TD Waterhouse Canada Inc.10,434$912.3K0.01%−2,201−17.4%Reduced
Hudson Bay Capital Management LP10,000$876.6K0.01%+5,000+100.0%Added
Claret Asset Management Corp9,794$859.0K0.10%+90+0.9%Added
Glenmede Trust Co NA9,793$858.5K0.00%+9,793New
Worldquant Millennium Advisors LLC9,736$854.4K0.00%+9,736New
Utah Retirement Systems9,568$840.5K0.01%00.0%Unchanged
Harbor Capital Advisors, Inc.9,129$800.0K0.06%+2,766+43.5%Added
The PNC Financial Services Group, Inc.8,991$788.2K0.00%+116+1.3%Added
Vontobel Holding Ltd.8,838$775.3K0.00%−27,903−75.9%Reduced
United Capital Financial Advisers, LLC8,796$771.1K0.00%+1,637+22.9%Added
First Trust Advisors LP8,764$768.7K0.00%−4,715−35.0%Reduced