DESCARTES SYSTEMS GROUP INC - COMMON STOCK (DSGX) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
DSGX on Nasdaq
Shares outstanding
85,607,510
Price per share
$87.66
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
65,015,490
Total reported value
$6,133,798,541
% of total 13F portfolios
0.01%
Share change
-2,537,393
Value change
-$280,255,279
Number of holders
367
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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/ 10% +21% $976,011,222 +$162,537,216 8,560,751 +20% T. Rowe Price Associates, Inc. 30 Jun 2025
BlackRock, Inc. 4.7% $412,832,535 4,057,721 BlackRock, Inc. 31 Mar 2025
JARISLOWSKY, FRASER Ltd 3.3% $288,825,616 2,838,860 Jarislowsky, Fraser Limited 30 Sep 2024

As of 30 Sep 2025, 367 institutional investors reported holding 65,015,490 shares of DESCARTES SYSTEMS GROUP INC - COMMON STOCK (DSGX). This represents 76% of the company’s total 85,607,510 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/ 9.1% 7,769,384 -9.2% 0.08% $732,110,000
VANGUARD GROUP INC 4.1% 3,533,392 +3.3% 0% $332,697,124
MACKENZIE FINANCIAL CORP 3.9% 3,315,493 -16% 0.38% $312,113,651
Fiera Capital Corp 3.5% 2,976,093 +10% 0.91% $280,122,998
Conestoga Capital Advisors, LLC 3.1% 2,635,476 -2% 4% $248,340,903
JARISLOWSKY, FRASER Ltd 2.9% 2,483,153 -4.7% 1.3% $233,859,687
JANUS HENDERSON GROUP PLC 2.7% 2,269,917 +257% 0.1% $213,868,392
T. Rowe Price Investment Management, Inc. 2.3% 1,987,404 -3.2% 0.11% $187,274,000
BANK OF MONTREAL /CAN/ 2% 1,683,790 +0.32% 0.07% $158,507,482
GENEVA CAPITAL MANAGEMENT LLC 1.8% 1,572,053 -0.09% 2.5% $148,134,596
Temasek Holdings (Private) Ltd 1.7% 1,464,165 +63% 0.48% $137,968,268
FRANKLIN RESOURCES INC 1.4% 1,210,782 -34% 0.03% $114,087,927
PRIMECAP MANAGEMENT CO/CA/ 1.4% 1,183,140 -21% 0.09% $111,487,282
ROYAL BANK OF CANADA 1.2% 1,019,108 +40% 0.02% $96,031,000
WESTFIELD CAPITAL MANAGEMENT CO LP 1.2% 1,001,331 +54% 0.4% $94,355,420
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.2% 1,000,158 -17% 0.06% $94,181,327
CIBC Asset Management Inc 1.1% 963,361 +15% 0.26% $91,368,895
TD Asset Management Inc 1.1% 946,596 -4.3% 0.07% $89,156,952
GEODE CAPITAL MANAGEMENT, LLC 1% 871,666 +9.7% 0.01% $83,831,225
Connor, Clark & Lunn Investment Management Ltd. 0.99% 846,414 -45% 0.25% $79,679,148
MORGAN STANLEY 0.94% 803,535 +78% 0% $75,717,295
CONGRESS ASSET MANAGEMENT CO 0.83% 708,306 -20% 0.44% $66,743,674
BANK OF AMERICA CORP /DE/ 0.75% 642,817 +119% 0% $60,572,599
RIVERBRIDGE PARTNERS LLC 0.69% 588,745 -7.7% 0.94% $55,477,413
FIL Ltd 0.67% 570,661 +73% 0.04% $53,732,426

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
2025 Q4 1,065,833 $93,466,159 -$102,957,783 $87.66 31
2025 Q3 65,015,490 $6,133,798,541 -$280,255,279 $94.23 367
2025 Q2 67,708,189 $6,898,724,675 +$231,120,640 $101.64 350
2025 Q1 65,286,792 $6,595,163,236 -$258,094,230 $100.83 348
2024 Q4 67,558,021 $7,673,916,336 +$284,146,138 $113.60 360
2024 Q3 65,001,394 $6,692,284,926 -$108,392,773 $102.96 333
2024 Q2 65,969,235 $6,386,558,342 +$206,952,133 $96.84 316
2024 Q1 64,262,928 $5,885,339,859 -$30,553,253 $91.53 292
2023 Q4 4,792,767 $404,490,826 -$7,948,428 $84.43 3
2023 Q3 64,307,283 $4,722,089,770 +$38,295,801 $73.38 245
2023 Q2 63,704,863 $5,103,385,326 -$61,267,603 $80.11 243
2023 Q1 63,524,955 $5,121,130,621 -$60,451,359 $80.61 244
2022 Q4 65,796,548 $4,585,580,316 -$46,478,716 $69.65 218
2022 Q3 67,833,452 $4,311,933,596 -$167,444,406 $63.53 213
2022 Q2 67,474,888 $4,183,929,051 +$156,256,458 $62.06 205
2022 Q1 65,925,027 $4,823,169,218 +$212,842,104 $73.26 220
2021 Q4 62,065,122 $5,117,189,259 -$357,027,879 $82.68 212
2021 Q3 66,784,685 $5,464,280,915 +$71,891,404 $81.26 199
2021 Q2 67,691,023 $4,723,573,069 -$3,035,932 $69.16 193
2021 Q1 67,827,982 $4,184,663,649 -$12,029,673 $60.92 187
2020 Q4 66,017,020 $3,863,244,058 -$59,295,214 $58.48 179
2020 Q3 67,236,108 $3,822,836,820 +$38,375,656 $56.96 177
2020 Q2 66,803,264 $3,538,185,053 +$40,107,267 $52.88 162
2020 Q1 66,737,062 $2,285,450,034 -$15,663,985 $34.39 143
2019 Q4 66,389,330 $2,842,497,595 -$33,950,404 $42.72 150
2019 Q3 67,104,005 $2,705,777,996 -$78,256,614 $40.31 144
2019 Q2 68,232,789 $2,523,734,000 +$313,428,052 $36.95 138
2019 Q1 61,485,186 $2,239,768,000 +$40,731,944 $36.38 125
2018 Q4 60,473,257 $1,599,338,000 +$7,688,962 $26.45 117
2018 Q3 60,517,605 $2,039,030,673 -$39,816,437 $33.90 118
2018 Q2 61,722,726 $2,007,790,198 +$84,246,572 $32.51 112
2018 Q1 60,322,602 $1,722,428,855 +$55,489,966 $28.55 108
2017 Q4 58,338,808 $1,659,159,970 -$1,226,252 $28.41 103
2017 Q3 58,577,644 $1,599,112,390 -$10,913,561 $27.31 101
2017 Q2 58,039,211 $1,411,863,703 -$144,796 $24.34 95
2017 Q1 58,101,632 $1,329,731,302 +$32,380,512 $22.90 99
2016 Q4 56,596,831 $1,213,096,363 -$39,314,618 $21.35 93
2016 Q3 57,662,451 $1,238,363,000 +$72,969,705 $21.52 86
2016 Q2 54,323,099 $1,035,891,000 -$57,217,047 $19.09 85
2016 Q1 59,536,910 $1,160,265,000 -$7,034,487 $19.51 85
2015 Q4 59,844,778 $1,201,787,000 -$61,865,194 $20.08 88
2015 Q3 62,934,808 $1,112,688,000 +$68,027,295 $17.69 79
2015 Q2 58,609,729 $941,060,000 -$5,746,731 $16.07 72
2015 Q1 59,649,133 $898,739,000 -$7,465,942 $15.07 70
2014 Q4 65,353,718 $983,160,000 +$119,142,793 $14.83 66
2014 Q3 58,055,102 $801,925,000 -$32,315,123 $13.79 58
2014 Q2 60,155,465 $865,753,000 +$214,300,445 $14.34 58
2014 Q1 45,237,218 $637,816,000 -$19,014,534 $13.98 50