The Descartes Systems GrpDSGX
13F holders, Q1 2025 (March 31)356holders −15
33new positions
47sold out
4famous investors
$101.21avg. 13F price*
At the end of Q1 2025, 356 institutions reported holding The Descartes Systems Grp (DSGX) in their 13F filings, down 15 from Q4 2024. 33 opened new positions and 47 sold out. The largest holders were T. Rowe Price Associates Inc. ($719.4M), Mackenzie Financial Corp. ($389.0M) and Vanguard Group Inc. ($336.8M). 4 famous investors held it, including Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Joel Greenblatt (0.0% of Gotham Asset Management's portfolio).
- Company
- The Descartes Systems Grp
- CUSIP
- 249906108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 33 | $40.8M |
| Exits | 47 | $113.8M |
All 13F filers, Q4 2024 → Q1 2025: 3,941,864 shares bought and 5,502,598 shares sold, net −1,560,734 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 356 holders
| T. Rowe Price Associates Inc. | 0.09% | Add +15.1% | 7,134,467 | $719.4M |
| Mackenzie Financial Corp. | 0.55% | Reduce -21.9% | 3,864,448 | $389.0M |
| Vanguard Group Inc. | 0.01% | Add +1.4% | 3,345,692 | $336.8M |
| Durable Capital Partners LP | 2.54% | Reduce -3.3% | 2,818,757 | $284.2M |
| Conestoga Capital Advisors, LLC | 4.23% | Reduce -11.8% | 2,779,452 | $280.3M |
| Fiera Capital Corp | 1.00% | Add +8.0% | 2,745,848 | $276.7M |
| JARISLOWSKY, FRASER Ltd | 1.67% | Reduce -2.1% | 2,649,759 | $266.7M |
| T. Rowe Price Investment Management, Inc. | 0.13% | Add +10.3% | 1,947,947 | $196.4M |
| Primecap Management Co. | 0.15% | Reduce -6.8% | 1,787,352 | $180.2M |
| Franklin Resources Inc. | 0.05% | Add +1.3% | 1,717,129 | $173.1M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.75% | Reduce -10.7% | 1,697,733 | $170.9M |
| Bank of Montreal | 0.09% | Add +4.9% | 1,596,295 | $160.7M |
| Geneva Capital Management LLC | 2.76% | Add +0.6% | 1,467,921 | $148.0M |
| Arrowstreet Capital, Limited Partnership | 0.11% | Add +10.5% | 1,325,158 | $133.5M |
| Norges Bank | 0.02% | Add +3.1% | 1,152,136 | $116.0M |
| Congress Asset Management Co. | 0.79% | Reduce -11.7% | 1,042,008 | $105.1M |
| TD Asset Management Inc | 0.08% | Add +1.6% | 913,866 | $92.0M |
| BlackRock, Inc. | 0.00% | Add +16.9% | 900,244 | $90.8M |
| National Bank of Canada | 0.10% | Add +12.5% | 822,168 | $82.7M |
| Riverbridge Partners LLC | 1.18% | Reduce -8.8% | 730,524 | $73.7M |
| Royal Bank of Canada | 0.02% | Add +22.1% | 694,236 | $70.0M |
| Geode Capital Management, LLC | 0.01% | Add +10.5% | 652,082 | $66.5M |
| Westfield Capital Management Co. LP | 0.32% | Add +9.6% | 652,431 | $65.8M |
| Janus Henderson Group PLC | 0.04% | Reduce -0.1% | 635,076 | $63.8M |
| Massachusetts Financial Services Co. | 0.02% | Add +25.0% | 626,632 | $63.2M |
| Invesco Ltd. | 0.01% | Reduce -31.2% | 597,267 | $60.2M |
| Ameriprise Financial Inc. | 0.02% | Add +1.9% | 488,271 | $60.1M |
| GW&K Investment Management, LLC | 0.55% | Reduce -2.7% | 585,803 | $59.1M |
| Allspring Global Investments Holdings, LLC | 0.09% | Reduce -20.5% | 528,879 | $53.8M |
| Manufacturers Life Insurance Company, The | 0.05% | Reduce -11.3% | 501,705 | $50.8M |
| Bank of Nova Scotia | 0.10% | Add +0.1% | 459,976 | $46.3M |
| Lord, Abbett & Co. LLC | 0.17% | Reduce -30.4% | 457,697 | $46.1M |
| Praesidium Investment Management Company, LLC | 8.53% | Reduce -6.0% | 452,745 | $45.7M |
| Segall Bryant & Hamill, LLC | 0.69% | Add +0.4% | 449,633 | $45.3M |
| Premier Fund Managers Ltd | 1.53% | Reduce -0.8% | 407,913 | $40.9M |
| Renaissance Technologies | 0.06% | Add +11.3% | 393,600 | $39.7M |
| Granahan Investment Management, LLC | 1.90% | Add +715.5% | 378,982 | $38.2M |
| Goldman Sachs Group Inc. | 0.01% | Add +35.1% | 377,140 | $38.0M |
| Macquarie Group Ltd. | 0.04% | Reduce -0.1% | 352,386 | $35.6M |
| Blair William & Co. | 0.10% | Add +5.3% | 343,241 | $34.6M |
| Clearbridge Investments, LLC | 0.03% | Reduce -4.2% | 337,729 | $34.1M |
| Baird Financial Group, Inc. | 0.07% | Reduce -22.2% | 334,974 | $33.8M |
| Neuberger Berman Group LLC | 0.03% | Reduce -21.9% | 310,044 | $31.3M |
| Bank of America Corp. | 0.00% | Add +6.8% | 304,174 | $30.7M |
| Public Employees Retirement Association of Colorado | 0.12% | No change | 282,827 | $28.5M |
| Addenda Capital Inc. | 1.04% | Reduce -4.8% | 194,070 | $28.1M |
| DF Dent & Co. Inc. | 0.36% | Reduce -2.4% | 264,075 | $26.6M |
| Grandeur Peak Global Advisors, LLC | 2.93% | Add +9.6% | 262,825 | $26.5M |
| Legal & General Group Plc | 0.01% | Add +3.0% | 253,039 | $25.5M |
| 1832 Asset Management L.P. | 0.05% | Add +12.2% | 249,466 | $25.2M |
| Morgan Stanley | 0.00% | Reduce -8.1% | 247,725 | $25.0M |
| Swiss National Bank | 0.02% | Reduce -1.9% | 243,424 | $24.5M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -0.4% | 241,461 | $24.3M |
| Chevy Chase Trust Holdings, LLC | 0.08% | Reduce -1.9% | 239,892 | $24.2M |
| Deutsche Bank AG | 0.01% | Add +80.5% | 236,029 | $23.8M |
| Bessemer Group Inc. | 0.04% | Add +9.8% | 235,879 | $23.8M |
| William Blair Investment Management, LLC | 0.07% | Add +10.1% | 233,338 | $23.5M |
| American Century Companies Inc. | 0.01% | Add +6.0% | 223,925 | $22.5M |
| Sei Investments Co. | 0.03% | Add +1.9% | 223,185 | $22.5M |
| CIBC Asset Management Inc | 0.07% | Add +91.5% | 222,590 | $22.4M |
| Principal Financial Group Inc. | 0.01% | Reduce -4.8% | 215,173 | $21.7M |
| Nuveen, LLC | 0.01% | — | 209,364 | $21.1M |
| Summit Creek Advisors LLC | 3.04% | Reduce -0.0% | 206,101 | $20.8M |
| Stephens Investment Management Group LLC | 0.29% | Reduce -3.8% | 201,176 | $20.3M |
| HERALD INVESTMENT MANAGEMENT Ltd | 3.50% | Reduce -2.6% | 185,000 | $18.6M |
| Alliancebernstein L.P. | 0.01% | Reduce -6.5% | 183,077 | $18.5M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -3.3% | 166,509 | $16.8M |
| Kayne Anderson Rudnick Investment Management LLC | 0.04% | New | 165,950 | $16.7M |
| Artisan Partners Limited Partnership | 0.03% | Reduce -39.0% | 157,435 | $15.9M |
| Alberta Investment Management Corp | 0.11% | Add +46.6% | 151,972 | $15.3M |
| FMR LLC | 0.00% | Reduce -1.1% | 151,270 | $15.2M |
| Russell Investments Group, Ltd. | 0.02% | Reduce -33.0% | 150,721 | $15.2M |
| Two Sigma Investments, LP | 0.03% | Reduce -13.3% | 148,955 | $15.0M |
| STRS Ohio | 0.06% | Add +0.3% | 146,780 | $14.8M |
| Raymond James Financial Inc. | 0.01% | Reduce -15.7% | 143,960 | $14.5M |
| Wasatch Advisors LP | 0.08% | Reduce -22.0% | 134,669 | $13.6M |
| Fenimore Asset Management Inc | 0.28% | Add +0.4% | 130,887 | $13.2M |
| Quantum Capital Management, LLC / NJ | 1.35% | Reduce -1.6% | 129,581 | $13.1M |
| Bank of New York Mellon Corp | 0.00% | Add +2.6% | 128,335 | $12.9M |
| Vontobel Holding Ltd. | 0.05% | Reduce -70.7% | 125,812 | $12.7M |
| CW Advisors, LLC | 0.15% | Reduce -17.1% | 124,479 | $12.6M |
| Jennison Associates LLC | 0.01% | Reduce -29.4% | 123,922 | $12.5M |
| Pembroke Management, LTD | 1.79% | Reduce -31.3% | 84,524 | $12.2M |
| AEGON ASSET MANAGEMENT UK Plc | 0.18% | Reduce -30.5% | 122,964 | $12.2M |
| Toronto Dominion Bank | 0.03% | Add +9.0% | 119,004 | $12.0M |
| Ensign Peak Advisors, Inc | 0.02% | Add +53.8% | 117,576 | $11.9M |
| Dimensional Fund Advisors LP | 0.00% | Add +5.0% | 117,186 | $11.8M |
| Man Group plc | 0.04% | Reduce -20.0% | 114,382 | $11.5M |
| Northern Trust Corp. | 0.00% | Add +39.0% | 112,262 | $11.3M |
| Agf Management Ltd. | 0.06% | Add +7.3% | 110,517 | $11.1M |
| Cidel Asset Management Inc. | 0.71% | Add +0.4% | 107,911 | $10.9M |
| Two Sigma Advisers, LP | 0.02% | Add +5.4% | 105,400 | $10.6M |
| Canada Pension Plan Investment Board | 0.01% | Reduce -24.2% | 104,986 | $10.6M |
| Hantz Financial Services, Inc. | 0.18% | Reduce -4.0% | 101,567 | $10.2M |
| Nicholas Company, Inc. | 0.18% | Add +0.0% | 101,365 | $10.2M |
| Nicholas Investment Partners, LP | 1.15% | Reduce -1.1% | 98,495 | $9.9M |
| UBS Group AG | 0.00% | Reduce -21.4% | 96,756 | $9.8M |
| JPMorgan Chase & Co. | 0.00% | Reduce -24.7% | 95,078 | $9.6M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.06% | Add +12.4% | 89,766 | $9.0M |
| Lombard Odier Asset Management (Europe) Ltd | 0.80% | Reduce -0.9% | 42,057 | $8.8M |
| Sone Capital Management, LLC | 0.89% | Add +106.0% | 86,171 | $8.7M |
| Scotia Capital Inc. | 0.04% | Add +28.9% | 79,510 | $8.0M |
| Cibc World Market Inc. | 0.02% | Reduce -10.5% | 79,086 | $8.0M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.02% | Reduce -3.4% | 74,950 | $7.5M |
| Federation des caisses Desjardins du Quebec | 0.04% | Reduce -9.4% | 74,080 | $7.4M |
| Homestead Advisers Corp | 0.18% | Add +4.6% | 73,170 | $7.4M |
| Natixis Advisors, LLC | 0.01% | Add +1.2% | 72,766 | $7.3M |
| Cumberland Partners Ltd | 0.55% | Reduce -0.3% | 70,485 | $7.1M |
| Triasima Portfolio Management inc. | 1.37% | Reduce -7.4% | 68,960 | $6.9M |
| HSBC Holdings PLC | 0.00% | Reduce -11.6% | 66,631 | $6.7M |
| Canoe Financial LP | 0.11% | Reduce -5.6% | 65,998 | $6.6M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.01% | Add +9.8% | 64,735 | $6.5M |
| Genus Capital Management Inc. | 0.86% | — | 59,209 | $6.0M |
| Millennium Management | 0.01% | Reduce -52.4% | 58,999 | $5.9M |
| APG Asset Management N.V. | 0.02% | Reduce -3.8% | 62,951 | $5.9M |
| Argent Capital Management LLC | 0.18% | Reduce -0.4% | 58,155 | $5.9M |
| Aviva PLC | 0.01% | Add +13.0% | 55,647 | $5.6M |
| Pathstone Holdings, LLC | 0.02% | Add +3.1% | 55,445 | $5.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +1.2% | 54,618 | $5.5M |
| NBW Capital LLC | 1.22% | Reduce -23.1% | 54,498 | $5.5M |
| Waverly Advisors, LLC | 0.07% | New | 54,498 | $5.5M |
| Reynders McVeigh Capital Management, LLC | 0.30% | Add +8.7% | 53,635 | $5.4M |
| Royal London Asset Management Ltd. | 0.01% | Add +8.4% | 52,807 | $5.3M |
| Thematics Asset Management | 0.27% | Reduce -5.8% | 52,263 | $5.3M |
| Bank of Nova Scotia Trust Co. | 0.55% | Add +5.9% | 51,560 | $5.2M |
| Hillsdale Investment Management Inc. | 0.25% | Reduce -36.1% | 49,255 | $5.0M |
| Centaurus Financial, Inc. | 0.30% | Reduce -2.3% | 48,612 | $4.9M |
| Amundi | 0.00% | Reduce -14.3% | 47,187 | $4.8M |
| Royce & Associates LP | 0.05% | Add +4.6% | 45,965 | $4.6M |
| Qube Research & Technologies Ltd | 0.01% | Add +1003.3% | 45,763 | $4.6M |
| Korea Investment CORP | 0.01% | Add +4.3% | 44,101 | $4.4M |
| Oppenheimer Asset Management Inc. | 0.05% | Reduce -4.5% | 43,829 | $4.4M |
| Northwest & Ethical Investments L.P. | 0.12% | Add +84.5% | 43,521 | $4.4M |
| State of Tennessee, Department of Treasury | 0.02% | Add +23.8% | 43,516 | $4.4M |
| Montrusco Bolton Investments Inc. | 0.06% | Add +0.4% | 42,539 | $4.3M |
| FIL Ltd | 0.00% | Add +17.5% | 42,288 | $4.3M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.01% | Reduce -26.1% | 39,592 | $4.0M |
| Independent Advisor Alliance | 0.13% | Reduce -1.1% | 38,520 | $3.9M |
| Granite Investment Partners, LLC | 0.20% | Reduce -10.0% | 38,135 | $3.8M |
| Moore Capital Management, LP | 0.15% | New | 37,371 | $3.8M |
| Redwood Investments, LLC | 1.41% | Reduce -0.7% | 37,358 | $3.8M |
| Oak Ridge Investments LLC | 0.30% | Reduce -0.1% | 36,032 | $3.6M |
| PCJ Investment Counsel Ltd. | 1.41% | Add +25.0% | 35,710 | $3.6M |
| First Trust Advisors LP | 0.00% | Add +146.6% | 35,478 | $3.6M |
| George Kaiser Family Foundation | 0.51% | No change | 34,575 | $3.5M |
| Townsquare Capital LLC | 0.04% | Add +29.3% | 33,659 | $3.4M |
| Pictet Asset Management Holding SA | 0.00% | Reduce -0.1% | 33,292 | $3.4M |
| Kennedy Capital Management LLC | 0.08% | Reduce -18.8% | 33,000 | $3.3M |
| Focus Partners Wealth | 0.01% | Add +0.1% | 32,687 | $3.3M |
| Silvercrest Asset Management Group LLC | 0.02% | Reduce -0.5% | 31,683 | $3.2M |
| Mn Services Vermogensbeheer B.V. | 0.02% | Reduce -9.8% | 30,200 | $3.0M |
| J. Safra Sarasin Holding AG | 0.05% | New | 29,015 | $2.9M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +1.4% | 27,670 | $2.8M |
| BNP Paribas Financial Markets | 0.00% | Add +40.8% | 26,201 | $2.6M |
| Empowered Funds, LLC | 0.03% | Reduce -3.0% | 23,996 | $2.4M |
| LPL Financial LLC | 0.00% | Add +7.7% | 23,021 | $2.3M |
| Forge First Asset Management Inc. | 0.97% | New | 22,200 | $2.2M |
| Skandinaviska Enskilda Banken AB (publ) | 0.01% | Reduce -38.3% | 14,531 | $2.1M |
| Creative Planning | 0.00% | Reduce -8.3% | 20,426 | $2.1M |
| Synovus Financial Corp. | 0.03% | Add +28.0% | 19,939 | $2.0M |
| Moody National Bank Trust Division | 0.21% | New | 19,700 | $2.0M |
| Citigroup Inc. | 0.00% | Reduce -37.6% | 19,594 | $2.0M |
| Whittier Trust Co. of Nevada Inc. | 0.05% | Add +20.5% | 19,392 | $2.0M |
| Lansforsakringar Fondforvaltning AB (publ) | 0.01% | No change | 18,467 | $1.9M |
| Louisbourg Investments Inc. | 0.50% | Add +260.2% | 18,335 | $1.8M |
| Guardian Capital LP | 0.07% | Reduce -8.5% | 18,048 | $1.8M |
| Voloridge Investment Management, LLC | 0.01% | Reduce -64.5% | 17,911 | $1.8M |
| US Bancorp \de | 0.00% | Reduce -19.8% | 17,725 | $1.8M |
| Plato Investment Management Ltd | 0.15% | Reduce -22.5% | 17,377 | $1.8M |
| O'shaughnessy Asset Management, LLC | 0.01% | Reduce -14.4% | 17,317 | $1.7M |
| Forsta Ap-Fonden | 0.01% | Reduce -7.1% | 15,800 | $1.6M |
| Whittier Trust Co. | 0.02% | Add +12.4% | 15,746 | $1.6M |
| Public Employees Retirement System of Ohio | 0.01% | Add +0.2% | 15,503 | $1.6M |
| Swiss Life Asset Management Ltd | 0.01% | Add +7.5% | 14,769 | $1.5M |
| Avantax Advisory Services, Inc. | 0.01% | Reduce -0.9% | 14,538 | $1.5M |
| Crestwood Advisors Group, LLC | 0.03% | New | 14,469 | $1.5M |
| Voya Investment Management LLC | 0.00% | Reduce -19.6% | 13,650 | $1.4M |
| Ativo Capital Management LLC | 1.15% | Reduce -0.7% | 13,312 | $1.3M |
| M&T Bank Corp | 0.00% | New | 13,097 | $1.3M |
| New York State Common Retirement Fund | 0.00% | No change | 12,416 | $1.3M |
| HighTower Advisors, LLC | 0.00% | Add +3.9% | 11,710 | $1.2M |
| American Capital Management Inc. | 0.05% | Add +62.9% | 11,633 | $1.2M |
| Glenmede Trust Co. NA | 0.01% | Reduce -11.0% | 11,621 | $1.2M |
| Stifel Financial Corp. | 0.00% | Reduce -22.6% | 11,457 | $1.2M |
| Credit Agricole S A | 0.00% | Reduce -42.9% | 11,220 | $1.1M |
| ExodusPoint Capital Management, LP | 0.01% | New | 11,100 | $1.1M |
| Assetmark, Inc. | 0.00% | Add +19.2% | 11,045 | $1.1M |
| Legato Capital Management LLC | 0.15% | Reduce -0.9% | 10,915 | $1.1M |
| WoodTrust Financial Corp | 0.15% | No change | 10,900 | $1.1M |
| Yorktown Management & Research Co Inc | 1.18% | Add +31.7% | 10,800 | $1.1M |
| SIG North Trading, ULC | 0.21% | Add +420.7% | 10,373 | $1.0M |
| Wellington Management Group LLP | 0.00% | Add +30.2% | 10,357 | $1.0M |
| Quantinno Capital Management LP | 0.01% | Add +46.2% | 9,974 | $1.0M |
| Mariner, LLC | 0.00% | Add +3.4% | 9,944 | $1.0M |
| Shell Asset Management Co. | 0.05% | No change | 9,714 | $978K |
| SG Americas Securities, LLC | 0.00% | Reduce -22.9% | 9,417 | $950K |
| TD Waterhouse Canada Inc. | 0.01% | Add +5.4% | 9,345 | $940K |
| Stephens Inc. | 0.01% | Reduce -7.0% | 8,659 | $873K |
| Claret Asset Management Corp | 0.17% | Add +0.1% | 8,553 | $861K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +7.9% | 8,508 | $858K |
| Hudson Bay Capital Management LP | 0.01% | Add +70.0% | 8,500 | $857K |
| Atria Investments, Inc | 0.01% | Add +20.6% | 8,486 | $856K |
| Aviso Financial Inc. | 0.04% | Reduce -10.5% | 8,443 | $850K |
| Scientech Research LLC | 0.22% | Add +39.0% | 8,129 | $820K |
| Calamos Advisors LLC | 0.01% | Reduce -61.8% | 8,084 | $815K |
| Wells Fargo & Company | 0.00% | Add +21.6% | 8,012 | $808K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 7,845 | $791K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -5.3% | 7,609 | $767K |
| Keybank National Association | 0.00% | Reduce -2.3% | 7,526 | $759K |
| Squarepoint Ops LLC | 0.00% | Add +15.0% | 7,208 | $727K |
| Gulf International Bank (UK) Ltd | 0.02% | Add +2236.2% | 4,906 | $710K |
| Norden Group LLC | 0.08% | Reduce -4.2% | 7,037 | $710K |
| Commerce Bank | 0.00% | Reduce -2.2% | 6,881 | $694K |
| Elevation Point Wealth Partners, LLC | 0.06% | Reduce -15.5% | 6,647 | $670K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -25.8% | 6,646 | $670K |
| Ellsworth Advisors, LLC | 0.18% | Add +7.3% | 6,619 | $667K |
| D. E. Shaw & Co. | 0.00% | Reduce -78.9% | 6,600 | $665K |
| AXA S.A. | 0.00% | Reduce -0.6% | 6,572 | $663K |
| Nicolet Advisory Services, LLC | 0.06% | Add +5.7% | 6,433 | $648K |
| Ritholtz Wealth Management | 0.02% | No change | 6,415 | $647K |
| DekaBank Deutsche Girozentrale | 0.00% | Reduce -1.4% | 6,379 | $633K |
| Trust Point Inc. | 0.06% | Reduce -44.7% | 6,274 | $633K |
| Fifth Third Bancorp | 0.00% | Add +1.1% | 6,260 | $631K |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 0.01% | Reduce -0.3% | 5,748 | $580K |
| Alpine Peaks Capital, LP | 0.50% | New | 5,500 | $555K |
| Investment Management Corp of Ontario | 0.01% | New | 5,482 | $553K |
| Impact Investors, Inc | 0.41% | Add +22.9% | 5,280 | $532K |
| Truist Financial Corp. | 0.00% | Reduce -8.3% | 5,080 | $512K |
| Portside Wealth Group, LLC | 0.08% | Add +48.8% | 5,076 | $512K |
| MML Investors Services, LLC | 0.00% | Add +5.8% | 5,056 | $510K |
| Fred Alger Management, LLC | 0.00% | Reduce -93.5% | 4,858 | $490K |
| Gotham Asset Management | 0.00% | Reduce -1.7% | 4,818 | $486K |
| Tacita Capital Inc | 0.35% | No change | 4,783 | $482K |
| Captrust Financial Advisors | 0.00% | Reduce -35.9% | 4,691 | $473K |
| Hardy Reed LLC | 0.04% | Reduce -6.3% | 4,552 | $459K |
| Avior Wealth Management, LLC | 0.02% | Add +9.8% | 4,320 | $436K |
| Nia Impact Advisors, LLC | 0.16% | No change | 4,200 | $423K |
| Cetera Investment Advisers | 0.00% | Reduce -6.5% | 4,163 | $420K |
| Park Avenue Securities LLC | 0.01% | Reduce -8.9% | 4,095 | $413K |
| Fiduciary Trust Co | 0.01% | New | 3,965 | $400K |
| Intech Investment Management LLC | 0.00% | Reduce -23.7% | 3,679 | $370K |
| Orion Porfolio Solutions, LLC | 0.00% | Reduce -9.9% | 3,473 | $350K |
| Orion Portfolio Solutions, LLC | 0.00% | Reduce -9.9% | 3,473 | $350K |
| State of Wyoming | 0.05% | Reduce -5.7% | 3,476 | $350K |
| Alliance Wealth Advisors, LLC | 0.09% | Add +4.7% | 3,464 | $349K |
| Summitry LLC | 0.02% | Add +16.1% | 3,428 | $346K |
| Legacy Wealth Asset Management, LLC | 0.09% | Reduce -0.5% | 3,352 | $338K |
| Lindenwold Advisors, INC | 0.18% | Reduce -26.8% | 3,292 | $332K |
| Marco Investment Management LLC | 0.03% | Reduce -8.7% | 3,235 | $326K |
| Sanctuary Advisors, LLC | 0.00% | Reduce -2.2% | 3,177 | $320K |
| United Services Automobile Association | 0.01% | New | 3,184 | $319K |
| Mgo One Seven LLC | 0.01% | Reduce -39.9% | 3,167 | $319K |
| Vista Finance, LLC | 0.27% | Add +7.0% | 3,119 | $314K |
| Mangrove Partners Im, LLC | 0.04% | New | 3,073 | $310K |
| Jane Street Group, LLC | 0.00% | Reduce -94.7% | 3,073 | $310K |
| Ascent Group, LLC | 0.01% | Add +2.9% | 2,951 | $298K |
| Metis Global Partners, LLC | 0.01% | Reduce -9.8% | 2,922 | $294K |
| Engineers Gate Manager LP | 0.00% | No change | 2,914 | $293K |
| K.J. Harrison & Partners Inc | 0.06% | Reduce -6.2% | 2,815 | $284K |
| Signaturefd, LLC | 0.01% | Add +0.2% | 2,722 | $274K |
| APG Asset Management US Inc. | 0.00% | No change | 2,691 | $274K |
| Ewa, LLC | 0.10% | Reduce -0.2% | 2,657 | $268K |
| Freedom Investment Management, Inc. | 0.02% | Add +16.1% | 2,606 | $263K |
| Knollwood Investment Advisory, LLC | 0.03% | No change | 2,600 | $262K |
| CIBC Private Wealth Group LLC | 0.00% | Reduce -0.7% | 2,721 | $256K |
| Oppenheimer & Co. Inc. | 0.00% | Add +3.2% | 2,540 | $256K |
| Cerity Partners LLC | 0.00% | Reduce -29.3% | 2,473 | $249K |
| Capital CS Group, LLC | 0.42% | New | 2,441 | $246K |
| HB Wealth Management, LLC | 0.00% | New | 2,431 | $245K |
| Commonwealth Equity Services, LLC | 0.00% | Add +31.4% | 2,399 | $242K |
| Barclays PLC | 0.00% | Add +47.2% | 2,385 | $240K |
| DGS Capital Management, LLC | 0.06% | Reduce -6.3% | 2,354 | $237K |
| Intellectus Partners, LLC | 0.06% | Reduce -14.4% | 2,315 | $233K |
| UniSuper Management Pty Ltd | 0.00% | No change | 1,600 | $232K |
| Wealth Alliance, LLC | 0.03% | Add +5.4% | 2,297 | $232K |
| Natixis | 0.00% | Add +55.7% | 2,320 | $230K |
| Calydon Capital | 0.04% | No change | 2,275 | $229K |
| YHB Investment Advisors, Inc. | 0.02% | No change | 2,257 | $228K |
| Vident Advisory, LLC | 0.00% | New | 2,183 | $220K |
| Thoroughbred Financial Services, LLC | 0.01% | No change | 2,055 | $207K |
| Osaic Holdings, Inc. | 0.00% | Reduce -15.1% | 2,043 | $206K |
| Legacy Advisors, LLC | 0.02% | New | 88 | $205K |
| HRT Financial LP | 0.00% | Reduce -64.6% | 2,030 | $204K |
| Kestra Advisory Services, LLC | 0.00% | New | 1,999 | $202K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -1.0% | 1,900 | $192K |
| Park Place Capital Corp | 0.04% | No change | 1,472 | $148K |
| Parkside Financial Bank & Trust | 0.02% | Add +4.3% | 1,464 | $148K |
| Intact Investment Management Inc. | 0.00% | New | 1,400 | $141K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +1.4% | 1,334 | $135K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +183.2% | 1,263 | $127K |
| Versant Capital Management, Inc | 0.02% | Add +2013.5% | 1,099 | $111K |
| Vega Investment Solutions | 0.02% | New | 741 | $107K |
| NewEdge Advisors, LLC | 0.00% | Reduce -69.3% | 1,052 | $106K |
| Federated Hermes, Inc. | 0.00% | Reduce -18.6% | 992 | $100K |
| PEAK6 LLC | 0.00% | New | 935 | $94K |
| EverSource Wealth Advisors, LLC | 0.01% | Add +5.8% | 896 | $90K |
| Harbor Investment Advisory, LLC | 0.01% | No change | 889 | $90K |
| Towarzystwo Funduszy Inwestycyjnych Pzu SA | 0.03% | Add +8.0% | 810 | $82K |
| Johnson Financial Group, Inc. | 0.00% | Reduce -7.4% | 810 | $82K |
| Richards, Merrill & Peterson, Inc. | 0.04% | No change | 800 | $81K |
| Principal Securities, Inc. | 0.00% | No change | 649 | $74K |
| First Horizon Advisors, Inc. | 0.00% | No change | 695 | $70K |
| Allworth Financial LP | 0.00% | Add +0.5% | 642 | $68K |
| Coldstream Capital Management Inc. | 0.00% | New | 670 | $68K |
| Cromwell Holdings LLC | 0.03% | No change | 514 | $52K |
| GAMMA Investing LLC | 0.00% | No change | 505 | $51K |
| Cullen/Frost Bankers, Inc. | 0.00% | New | 487 | $49K |
| Trust Co. of Vermont | 0.00% | No change | 475 | $48K |
| Blue Trust, Inc. | 0.00% | Add +8.6% | 455 | $46K |
| Parallel Advisors, LLC | 0.00% | Add +15.2% | 433 | $44K |
| Huntington National Bank | 0.00% | Reduce -59.6% | 431 | $43K |
| Central Pacific Bank - Trust Division | 0.01% | Add +17.4% | 411 | $41K |
| Accent Capital Management, LLC | 0.02% | No change | 384 | $39K |
| Clark Wealth Partners | 0.03% | No change | 365 | $37K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -14.8% | 322 | $32K |
| Mather Group, Llc. | 0.00% | Add +24.9% | 301 | $30K |
| MAI Capital Management | 0.00% | No change | 296 | $30K |
| Lindbrook Capital, LLC | 0.00% | Add +34.9% | 282 | $28K |
| WealthCollab, LLC | 0.02% | No change | 274 | $28K |
| Lanark Financial, Inc. | 0.00% | — | 256 | $25K |
| HHM Wealth Advisors, LLC | 0.00% | No change | 200 | $20K |
| Zions Bancorporation, National Association | 0.00% | — | 194 | $20K |
| Clearstead Advisors, LLC | 0.00% | No change | 170 | $17K |
| Cwm, LLC | 0.00% | Add +53.6% | 169 | $17K |
| Quadrant Capital Group LLC | 0.00% | Add +5066.7% | 155 | $16K |
| Jones Financial Companies LLLP | 0.00% | Reduce -42.1% | 121 | $12K |
| City Holding Co. | 0.00% | New | 112 | $11K |
| Hurley Capital, LLC | 0.01% | No change | 82 | $8K |
| GPS Wealth Strategies Group, LLC | 0.00% | No change | 70 | $7K |
| MorganRosel Wealth Management, LLC | 0.00% | New | 50 | $5K |
| Beacon Capital Management, LLC | 0.00% | No change | 40 | $4K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 40 | $4K |
| Creative Financial Designs Inc. | 0.00% | New | 39 | $4K |
| TD Private Client Wealth LLC | 0.00% | Add +192.3% | 38 | $4K |
| Bell Investment Advisors, Inc | 0.00% | No change | 37 | $4K |
| Carolinas Wealth Consulting LLC | 0.00% | Add +9.1% | 36 | $4K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 33 | $3K |
| CVA Family Office, LLC | 0.00% | No change | 28 | $3K |
| Eastern Bank | 0.00% | New | 28 | $3K |
| Montag A & Associates Inc. | 0.00% | No change | 27 | $3K |
| Grove Bank & Trust | 0.00% | New | 26 | $3K |
| Hexagon Capital Partners LLC | 0.00% | Add +19.1% | 25 | $3K |
| Smartleaf Asset Management LLC | 0.00% | No change | 18 | $2K |
| Highline Wealth Partners LLC | 0.00% | New | 17 | $2K |
| Arax Advisory Partners | 0.00% | No change | 16 | $2K |
| JFS Wealth Advisors, LLC | 0.00% | Reduce -25.0% | 15 | $2K |
| IFP Advisors, Inc | 0.00% | No change | 13 | $1K |
| Physician Wealth Advisors, Inc. | 0.00% | Reduce -33.3% | 10 | $1K |
| Brooklyn Investment Group | 0.00% | New | 10 | $1K |
| NewSquare Capital LLC | 0.00% | New | 10 | $1K |
| Hemington Wealth Management | 0.00% | Reduce -28.0% | 18 | $1K |
| Rhumbline Advisers | 0.00% | Reduce -64.0% | 9 | $907 |
| Bare Financial Services, Inc | 0.00% | New | 7 | $706 |
| Cornerstone Planning Group LLC | 0.00% | Add +20.0% | 6 | $619 |
| Larson Financial Group LLC | 0.00% | No change | 5 | $504 |
| True Wealth Design, LLC | 0.00% | Reduce -20.0% | 4 | $404 |
"% of holder's portfolio" is DSGX's weight in each manager's 13F, not the share of The Descartes Systems Grp the manager owns.