The Descartes Systems Group Inc.
DE ˙ DB ˙ CA2499061083
63,35 € ↑0,10 (0,16%)
2026-06-05
DEL PRIS
SecurityDE:DC2 / The Descartes Systems Group Inc.
Institution1832 Asset Management L.P.
Latest Disclosed Ownership3,833,793 shares
Latest Disclosed Value $ 274,346,227
1832 Asset Management L.P. reports 47.78% increase in ownership of DC2 / The Descartes Systems Group Inc.

On May 14, 2026 - 1832 Asset Management L.P. filed a 13F-HR form disclosing ownership of 3,833,793 shares of The Descartes Systems Group Inc. (DE:DC2) valued at $235,394,890 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 2,594,300 shares of The Descartes Systems Group Inc.. This represents a change in shares of 47.78% during the quarter. The current value of the position is $242,870,787 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F DESCARTES SYS GROUP COM 249906108 3,833,793 1,239,493 47.78 274,346 20.64 0.2522
2026-02-13 2025-12-31 13F DESCARTES SYS GROUP COM 249906108 2,594,300 2,415,075 1,347.51 227,416 1,246.61 0.1732
2025-11-14 2025-09-30 13F DESCARTES SYS GROUP COM 249906108 179,225 -8,625 -4.59 16,888 -11.55 0.0133
2025-08-13 2025-06-30 13F DESCARTES SYS GROUP COM 249906108 187,850 -61,616 -24.70 19,094 -24.09 0.0149
2025-05-14 2025-03-31 13F DESCARTES SYS GROUP COM 249906108 249,466 27,089 12.18 25,154 -0.43 0.0229
2025-02-14 2024-12-31 13F DESCARTES SYS GROUP COM 249906108 222,377 -94,217 -29.76 25,262 -22.50 0.0215
2024-11-13 2024-09-30 13F DESCARTES SYS GROUP COM 249906108 316,594 80,333 34.00 32,597 42.47 0.0248
2024-08-13 2024-06-30 13F DESCARTES SYS GROUP COM 249906108 236,261 2,076 0.89 22,880 6.74 0.0186
2024-05-14 2024-03-31 13F DESCARTES SYS GROUP COM 249906108 234,185 -8,446 -3.48 21,435 5.09 0.0127
2024-02-13 2023-12-31 13F DESCARTES SYS GROUP COM 249906108 242,631 -4,655 -1.88 20,396 12.40 0.0294
2023-11-13 2023-09-30 13F DESCARTES SYS GROUP COM 249906108 247,286 -14,701 -5.61 18,146 -13.54 0.0257
2023-08-14 2023-06-30 13F DESCARTES SYS GROUP COM 249906108 261,987 -10,665 -3.91 20,988 -4.51 0.0408
2023-05-12 2023-03-31 13F DESCARTES SYS GROUP COM 249906108 272,652 4,935 1.84 21,978 17.87 0.0452
2023-02-15 2022-12-31 13F DESCARTES SYS GROUP COM 249906108 267,717 -159,075 -37.27 18,646 -31.23 0.0383
2022-11-14 2022-09-30 13F DESCARTES SYS GROUP COM 249906108 426,792 -6,897 -1.59 27,114 0.74 0.0578
2022-08-15 2022-06-30 13F DESCARTES SYS GROUP COM 249906108 433,689 -62,075 -12.52 26,915 -24.92 0.0542
2022-05-16 2022-03-31 13F DESCARTES SYS GROUP COM 249906108 495,764 105,020 26.88 35,849 10.27 0.0585
2022-02-15 2021-12-31 13F DESCARTES SYS GROUP COM 249906108 390,744 -215,993 -35.60 32,509 -33.28 0.0575
2021-11-15 2021-09-30 13F DESCARTES SYS GROUP COM 249906108 606,737 2,750 0.46 48,726 14.69 0.0913
2021-08-20 2021-06-30 13F/A-1 DESCARTES SYS GROUP COM 249906108 603,987 26,869 4.66 42,486 23.56 0.0821
2021-08-16 2021-06-30 13F DESCARTES SYS GROUP COM 249906108 603,987 26,869 42,486 0.0823
2021-05-17 2021-03-31 13F DESCARTES SYS GROUP COM 249906108 577,118 64,272 12.53 34,384 14.88 0.0743
2021-02-16 2020-12-31 13F DESCARTES SYS GROUP COM 249906108 512,846 313,356 157.08 29,930 165.57 0.0700
2020-11-16 2020-09-30 13F DESCARTES SYS GROUP COM 249906108 199,490 34,300 20.76 11,270 33.40 0.0294
2020-08-14 2020-06-30 13F DESCARTES SYS GROUP COM 249906108 165,190 62,000 60.08 8,448 150.46 0.0254
2020-05-26 2020-03-31 13F/A-1 DESCARTES SYS GROUP COM 249906108 103,190 -6,710 -6.11 3,373 -28.60 0.0122
2020-05-14 2020-03-31 13F DESCARTES SYS GROUP COM 249906108 103,190 -6,710 3,373 25,503.3760
2020-02-14 2019-12-31 13F DESCARTES SYS GROUP COM 249906108 109,900 0 0.00 4,724 8.22 0.0144
2019-11-14 2019-09-30 13F DESCARTES SYS GROUP COM 249906108 109,900 109,864 305,177.78 4,365 436,400.00 0.0139
2019-08-14 2019-06-30 13F DESCARTES SYS GROUP COM 249906108 36 36 1 0.0000
2019-05-15 2019-03-31 13F DESCARTES SYS GROUP COM 249906108 0 -5 -100.00 0 0.0000
2019-02-14 2018-12-31 13F DESCARTES SYS GROUP COM 249906108 5 5 0 0.0000
2018-11-14 2018-09-30 13F DESCARTES SYS GROUP COM 249906108 0 -262 -100.00 0 -100.00
2018-08-14 2018-06-30 13F DESCARTES SYS GROUP COM 249906108 262 57 27.80 9 50.00 0.0000
2018-05-15 2018-03-31 13F DESCARTES SYS GROUP COM 249906108 205 0 0.00 6 0.00 0.0000
2018-02-14 2017-12-31 13F DESCARTES SYS GROUP COM 249906108 205 0 0.00 6 0.00 0.0000
2017-11-14 2017-09-30 13F DESCARTES SYS GROUP COM 249906108 205 0 0.00 6 20.00 0.0000
2017-08-14 2017-06-30 13F DESCARTES SYS GROUP COM 249906108 205 0 0.00 5 0.00 0.0000
2017-05-15 2017-03-31 13F DESCARTES SYS GROUP COM 249906108 205 0 0.00 5 25.00 0.0000
2017-04-01 2016-12-31 13F/A-1 DESCARTES SYS GROUP COM 249906108 205 0 0.00 4 0.00 0.0000
2017-02-14 2016-12-31 13F DESCARTES SYS GROUP COM 249906108 205 4
2016-11-15 2016-09-30 13F DESCARTES SYS GROUP COM 249906108 205 0 0.00 4 0.00 0.0000
2016-08-12 2016-06-30 13F/A-1 DESCARTES SYS GROUP COM 249906108 205 205 0.00 4 0.0000
2016-08-12 2016-06-30 13F DESCARTES SYS GROUP COM 249906108 205 205 4 0.0000
2014-11-12 2014-09-30 13F DESCARTES SYS GROUP COM 249906108 0 -518,200 -100.00 0 -100.00
2014-08-13 2014-06-30 13F DESCARTES SYS GROUP COM 249906108 518,200 -565,500 -52.18 7,426 -49.91 0.0234
2014-05-14 2014-03-31 13F DESCARTES SYS GROUP COM 249906108 1,083,700 -292,600 -21.26 14,824 -19.48 0.0510
2014-02-13 2013-12-31 13F DESCARTES SYS GROUP COM 249906108 1,376,300 -68,300 -4.73 18,411 11.07 0.0708
2013-11-13 2013-09-30 13F DESCARTES SYS GROUP COM 249906108 1,444,600 -76,400 -5.02 16,576 -5.40 0.0735
2013-08-14 2013-06-30 13F DESCARTES SYS GROUP COM 249906108 1,521,000 1,521,000 17,523 0.0767
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.