Security Snapshot

DESCARTES SYSTEMS GROUP INC - Common Stock (DSGX) Institutional Ownership

CUSIP: 249906108

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

350

Shares (Excl. Options)

65,217,080

Price

$87.66

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Type / Class
Equity / Common Stock
Symbol
DSGX on Nasdaq
Shares outstanding
85,610,314
Price per share
$66.44
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
65,217,080
Total reported value
$5,726,388,174
% of total 13F portfolios
0.01%
Share change
+2,408,081
Value change
+$197,989,122
Number of holders
350
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • DSGX - DESCARTES SYSTEMS GROUP INC - Common Stock is tracked under CUSIP 249906108.
  • 350 institutions reported positions in Q4 2025.
  • 3 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 350 to 129 between Q4 2025 and Q1 2026.
  • Reported value moved from $5,726,388,174 to $924,029,434.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 350 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 249906108?
CUSIP 249906108 identifies DSGX - DESCARTES SYSTEMS GROUP INC - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of DESCARTES SYSTEMS GROUP INC - Common Stock (DSGX) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
PRICE T ROWE ASSOCIATES INC /MD/ 8.1% -19% $614,909,614 -$137,837,221 6,993,172 -18% T. Rowe Price Associates, Inc. 31 Dec 2025
BlackRock, Inc. 5.1% +8% $312,439,977 +$22,069,462 4,366,126 +7.6% BlackRock, Inc. 31 Mar 2026
JARISLOWSKY, FRASER Ltd 3.3% $300,408,165 2,838,860 Jarislowsky, Fraser Limited 30 Sep 2024

As of 31 Dec 2025, 350 institutional investors reported holding 65,217,080 shares of DESCARTES SYSTEMS GROUP INC - Common Stock (DSGX). This represents 76% of the company’s total 85,610,314 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of DESCARTES SYSTEMS GROUP INC - Common Stock (DSGX) together control 51% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
PRICE T ROWE ASSOCIATES INC /MD/ 8.2% 6,993,132 -10% 0.07% $613,019,000
VANGUARD GROUP INC 4.2% 3,602,652 +2% 0% $316,049,853
MACKENZIE FINANCIAL CORP 3.9% 3,371,562 +1.7% 0.35% $296,326,004
1832 Asset Management L.P. 3% 2,594,300 +1348% 0.29% $227,416,338
Conestoga Capital Advisors, LLC 2.9% 2,508,569 -4.8% 3.7% $219,901,159
JANUS HENDERSON GROUP PLC 2.9% 2,473,531 +9% 0.1% $216,951,763
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 2% 1,743,262 +74% 0.09% $152,898,326
Durable Capital Partners LP 2% 1,710,202 1.4% $149,916,307
MORGAN STANLEY 1.9% 1,584,393 +97% 0.01% $138,888,050
BANK OF MONTREAL /CAN/ 1.8% 1,557,921 -7.5% 0.06% $136,674,872
Temasek Holdings (Private) Ltd 1.7% 1,464,165 0% 0.41% $128,348,704
GENEVA CAPITAL MANAGEMENT LLC 1.7% 1,429,426 -9.1% 2.4% $125,303,520
Fiera Capital Corp 1.6% 1,371,213 -54% 0.38% $120,332,154
WESTFIELD CAPITAL MANAGEMENT CO LP 1.4% 1,193,869 +19% 0.44% $104,654,557
PRIMECAP MANAGEMENT CO/CA/ 1.4% 1,178,440 -0.4% 0.08% $103,302,050
CIBC Asset Management Inc 1.4% 1,166,883 +21% 0.25% $103,307,744
NORGES BANK 1.3% 1,144,488 0.01% $100,404,802
GEODE CAPITAL MANAGEMENT, LLC 1.3% 1,122,692 +29% 0.01% $100,310,655
FMR LLC 1.1% 957,399 +154% 0% $83,936,751
D. E. Shaw & Co., Inc. 0.93% 799,853 +240% 0.05% $70,129,854
FRANKLIN RESOURCES INC 0.88% 753,938 -38% 0.02% $66,092,305
ROYAL BANK OF CANADA 0.81% 692,945 -32% 0.01% $60,744,000
TD Asset Management Inc 0.8% 684,766 -28% 0.05% $60,151,503
RENAISSANCE TECHNOLOGIES LLC 0.79% 672,944 +37% 0.09% $58,990,271
GOLDMAN SACHS GROUP INC 0.67% 575,036 +15% 0.01% $50,407,656

Institutional Holders of DESCARTES SYSTEMS GROUP INC - Common Stock (DSGX) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 12,895,553 $924,029,434 -$26,145,234 $71.56 129
2025 Q4 65,217,080 $5,726,388,174 +$197,989,122 $87.66 350
2025 Q3 65,018,972 $6,134,127,250 -$286,101,573 $94.23 371
2025 Q2 67,708,189 $6,898,724,675 +$231,120,704 $101.64 350
2025 Q1 65,301,561 $6,596,650,801 -$257,990,867 $100.83 349
2024 Q4 67,576,512 $7,676,017,307 +$155,561,959 $113.60 363
2024 Q3 66,152,500 $6,810,723,025 +$20,006,851 $102.96 333
2024 Q2 65,812,314 $6,371,356,899 +$97,192,344 $96.84 316
2024 Q1 65,524,171 $6,000,762,508 +$54,793,873 $91.53 294
2023 Q4 65,234,573 $5,487,635,629 -$40,607,236 $84.06 281
2023 Q3 65,862,275 $4,842,450,018 +$37,212,102 $73.38 252
2023 Q2 65,058,527 $5,211,807,432 +$23,399,593 $80.11 250
2023 Q1 64,093,422 $5,173,895,217 -$57,532,784 $80.61 250
2022 Q4 66,294,529 $4,626,466,932 -$194,005,501 $69.65 223
2022 Q3 69,085,538 $4,397,761,253 -$125,429,305 $63.53 217
2022 Q2 67,808,684 $4,218,627,585 +$141,965,741 $62.06 208
2022 Q1 66,264,013 $4,853,611,722 +$214,782,151 $73.26 223
2021 Q4 62,918,327 $5,187,733,246 -$365,966,977 $82.68 216
2021 Q3 66,228,828 $5,386,105,332 +$13,182,539 $81.26 199
2021 Q2 66,086,399 $4,585,962,686 +$2,163,085 $69.16 193
2021 Q1 65,879,262 $4,035,218,849 -$10,197,439 $60.91 185
2020 Q4 66,019,976 $3,863,416,678 -$36,783,205 $58.48 181
2020 Q3 67,284,020 $3,825,564,950 +$38,490,529 $56.96 180
2020 Q2 66,872,479 $3,541,846,193 +$39,844,765 $52.88 165
2020 Q1 67,450,843 $2,309,996,424 -$11,117,497 $34.39 147
2019 Q4 66,392,845 $2,842,647,691 -$33,304,486 $42.72 152
2019 Q3 67,108,092 $2,705,942,829 -$82,610,637 $40.31 146
2019 Q2 69,115,789 $2,556,365,521 +$277,536,455 $36.95 143
2019 Q1 62,192,724 $2,274,008,083 +$39,765,345 $36.38 129
2018 Q4 60,875,245 $1,609,954,517 +$9,561,550 $26.45 120
2018 Q3 60,527,052 $2,039,350,123 -$39,857,473 $33.90 121
2018 Q2 61,723,486 $2,007,814,801 +$46,820,092 $32.51 113
2018 Q1 60,323,383 $1,722,451,008 +$55,455,133 $28.55 109
2017 Q4 58,376,710 $1,660,242,154 -$1,257,941 $28.41 104
2017 Q3 58,586,294 $1,599,399,356 -$10,908,435 $27.31 103
2017 Q2 58,986,468 $1,434,907,319 +$22,174,334 $24.34 97
2017 Q1 58,102,803 $1,329,758,112 +$33,928,696 $22.90 101
2016 Q4 58,222,406 $1,259,798,000 -$40,918,642 $21.35 96
2016 Q3 57,809,155 $1,240,929,000 +$24,057,741 $21.52 88
2016 Q2 56,813,187 $1,082,531,000 -$57,169,497 $19.09 88
2016 Q1 59,761,210 $1,163,648,000 -$7,168,569 $19.51 86
2015 Q4 59,851,437 $1,201,921,092 -$61,753,677 $20.08 90
2015 Q3 63,160,233 $1,115,667,860 +$70,522,373 $17.69 81
2015 Q2 58,633,328 $941,439,000 -$7,702,029 $16.06 74
2015 Q1 59,675,248 $899,133,000 -$7,291,945 $15.07 71
2014 Q4 65,433,118 $984,336,000 +$120,242,866 $14.83 67
2014 Q3 58,055,102 $801,925,000 -$32,685,439 $13.79 58
2014 Q2 60,160,644 $865,827,000 +$214,334,404 $14.34 59
2014 Q1 45,237,218 $637,816,000 -$19,173,510 $13.98 50
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