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.
InstitutionCIBC Asset Management Inc
Latest Disclosed Ownership1,060,128 shares
Latest Disclosed Value $ 76,679,945
CIBC Asset Management Inc reports 9.15% decrease in ownership of DC2 / The Descartes Systems Group Inc.

On May 12, 2026 - CIBC Asset Management Inc filed a 13F-HR form disclosing ownership of 1,060,128 shares of The Descartes Systems Group Inc. (DE:DC2) valued at $65,091,859 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 1,166,883 shares of The Descartes Systems Group Inc.. This represents a change in shares of -9.15% during the quarter. The current value of the position is $67,159,109 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)
2026-05-12 2026-03-31 13F DESCARTES SYS GROUP COM 249906108 1,060,128 -106,755 -9.15 76,680 -25.78 0.1874
2026-02-10 2025-12-31 13F DESCARTES SYS GROUP COM 249906108 1,166,883 203,522 21.13 103,308 13.07 0.2494
2025-10-31 2025-09-30 13F DESCARTES SYS GROUP COM 249906108 963,361 127,762 15.29 91,369 7.38 0.2645
2025-08-14 2025-06-30 13F DESCARTES SYS GROUP COM 249906108 835,599 613,009 275.40 85,085 279.56 0.2631
2025-05-13 2025-03-31 13F DESCARTES SYS GROUP COM 249906108 222,590 106,370 91.52 22,418 69.30 0.0744
2025-01-31 2024-12-31 13F DESCARTES SYS GROUP COM 249906108 116,220 -3,089 -2.59 13,242 7.00 0.0434
2024-11-06 2024-09-30 13F DESCARTES SYS GROUP COM 249906108 119,309 -500 -0.42 12,376 6.68 0.0401
2024-08-01 2024-06-30 13F DESCARTES SYS GROUP COM 249906108 119,809 8,733 7.86 11,601 14.15 0.0413
2024-05-09 2024-03-31 13F DESCARTES SYS GROUP COM 249906108 111,076 17,297 18.44 10,162 28.57 0.0352
2024-02-13 2023-12-31 13F DESCARTES SYS GROUP COM 249906108 93,779 3,375 3.73 7,904 18.77 0.0295
2023-10-30 2023-09-30 13F DESCARTES SYS GROUP COM 249906108 90,404 2,930 3.35 6,656 -5.09 0.0276
2023-08-14 2023-06-30 13F DESCARTES SYS GROUP COM 249906108 87,474 405 0.47 7,012 -0.11 0.0269
2023-05-12 2023-03-31 13F DESCARTES SYS GROUP COM 249906108 87,069 408 0.47 7,021 16.19 0.0278
2023-02-13 2022-12-31 13F DESCARTES SYS GROUP COM 249906108 86,661 -1,996 -2.25 6,043 6.88 0.0254
2022-11-03 2022-09-30 13F DESCARTES SYS GROUP COM 249906108 88,657 -4,283 -4.61 5,653 -2.11 0.0248
2022-08-09 2022-06-30 13F DESCARTES SYS GROUP COM 249906108 92,940 7,235 8.44 5,775 -8.07 0.0234
2022-05-06 2022-03-31 13F DESCARTES SYS GROUP COM 249906108 85,705 2,768 3.34 6,282 -8.36 0.0221
2022-02-08 2021-12-31 13F DESCARTES SYS GROUP COM 249906108 82,937 3,675 4.64 6,855 6.98 0.0251
2021-11-09 2021-09-30 13F DESCARTES SYS GROUP COM 249906108 79,262 -91,851 -53.68 6,408 -45.80 0.0258
2021-08-16 2021-06-30 13F DESCARTES SYS GROUP COM 249906108 171,113 18,536 12.15 11,822 27.10 0.0478
2021-05-14 2021-03-31 13F DESCARTES SYS GROUP COM 249906108 152,577 82,367 117.32 9,301 127.02 0.0396
2021-02-03 2020-12-31 13F DESCARTES SYS GROUP COM 249906108 70,210 1,361 1.98 4,097 4.54 0.0193
2020-11-05 2020-09-30 13F DESCARTES SYS GROUP COM 249906108 68,849 1,668 2.48 3,919 10.83 0.0200
2020-07-28 2020-06-30 13F DESCARTES SYS GROUP COM 249906108 67,181 4,434 7.07 3,536 64.39 0.0207
2020-04-30 2020-03-31 13F DESCARTES SYS GROUP COM 249906108 62,747 -30,412 -32.65 2,151 -46.05 0.0152
2020-02-14 2019-12-31 13F DESCARTES SYS GROUP COM 249906108 93,159 -829 -0.88 3,987 5.09 0.0225
2019-10-30 2019-09-30 13F DESCARTES SYS GROUP COM 249906108 93,988 386 0.41 3,794 9.56 0.0223
2019-08-05 2019-06-30 13F DESCARTES SYS GROUP COM 249906108 93,602 -388,605 -80.59 3,463 -80.24 0.0207
2019-05-06 2019-03-31 13F DESCARTES SYS GROUP COM 249906108 482,207 412,266 589.45 17,529 849.57 0.1087
2019-02-12 2018-12-31 13F DESCARTES SYS GROUP COM 249906108 69,941 -64,581 -48.01 1,846 -59.51 0.0136
2018-11-02 2018-09-30 13F DESCARTES SYS GROUP COM 249906108 134,522 -545,353 -80.21 4,559 -79.42 0.0282
2018-08-09 2018-06-30 13F DESCARTES SYS GROUP COM 249906108 679,875 -55,512 -7.55 22,154 5.57 0.1382
2018-04-30 2018-03-31 13F DESCARTES SYS GROUP COM 249906108 735,387 130,319 21.54 20,985 21.47 0.1363
2018-02-02 2017-12-31 13F DESCARTES SYS GROUP COM 249906108 605,068 424,167 234.47 17,276 251.07 0.1057
2017-11-06 2017-09-30 13F DESCARTES SYS GROUP COM 249906108 180,901 629 0.35 4,921 12.33 0.0308
2017-07-27 2017-06-30 13F DESCARTES SYS GROUP COM 249906108 180,272 -64,831 -26.45 4,381 -21.85 0.0303
2017-05-12 2017-03-31 13F DESCARTES SYS GROUP COM 249906108 245,103 -149,428 -37.87 5,606 -33.36 0.0385
2017-02-08 2016-12-31 13F DESCARTES SYS GROUP COM 249906108 394,531 -1,106 -0.28 8,412 -1.21 0.0605
2016-10-19 2016-09-30 13F DESCARTES SYS GROUP COM 249906108 395,637 2,808 0.71 8,515 14.11 0.0627
2016-08-02 2016-06-30 13F DESCARTES SYS GROUP COM 249906108 392,829 58,840 17.62 7,462 14.64 0.0561
2016-05-09 2016-03-31 13F DESCARTES SYS GROUP COM 249906108 333,989 -149,469 -30.92 6,509 -33.07 0.0487
2016-02-02 2015-12-31 13F DESCARTES SYS GROUP COM 249906108 483,458 -325,743 -40.25 9,725 -31.91 0.0801
2015-11-03 2015-09-30 13F DESCARTES SYS GROUP COM 249906108 809,201 -3,366 -0.41 14,282 9.35 0.1142
2015-08-06 2015-06-30 13F DESCARTES SYS GROUP COM 249906108 812,567 32,234 4.13 13,061 11.08 0.0908
2015-05-08 2015-03-31 13F DESCARTES SYS GROUP COM 249906108 780,333 130,153 20.02 11,758 21.62 0.0835
2015-02-10 2014-12-31 13F DESCARTES SYS GROUP COM 249906108 650,180 609,402 1,494.44 9,668 1,623.35 0.0645
2014-11-05 2014-09-30 13F DESCARTES SYS GROUP COM 249906108 40,778 -1,385 -3.28 561 -7.12 0.0033
2014-08-01 2014-06-30 13F DESCARTES SYS GROUP COM 249906108 42,163 1,449 3.56 604 6.15 0.0034
2014-05-09 2014-03-31 13F DESCARTES SYS GROUP COM 249906108 40,714 1,064 2.68 569 7.36 0.0034
2014-02-04 2013-12-31 13F DESCARTES SYS GROUP COM 249906108 39,650 39,650 530 0.0032
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.