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.
InstitutionTwo Sigma Investments, Lp
ManagerJohn Overdeck, David Siegel
Latest Disclosed Ownership1,132,659 shares
Latest Disclosed Value $ 81,053,078
Two Sigma Investments, Lp reports 172.99% increase in ownership of DC2 / The Descartes Systems Group Inc.

On May 15, 2026 - Two Sigma Investments, Lp filed a 13F-HR form disclosing ownership of 1,132,659 shares of The Descartes Systems Group Inc. (DE:DC2) valued at $69,545,263 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 414,909 shares of The Descartes Systems Group Inc.. This represents a change in shares of 172.99% during the quarter. The current value of the position is $71,753,948 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)
2026-05-15 2026-03-31 13F DESCARTES SYS GROUP COM 249906108 1,132,659 717,750 172.99 81,053 122.86 0.0654
2026-02-17 2025-12-31 13F DESCARTES SYS GROUP COM 249906108 414,909 53,008 14.65 36,371 6.65 0.0513
2025-11-14 2025-09-30 13F DESCARTES SYS GROUP COM 249906108 361,901 244,252 207.61 34,102 185.17 0.0508
2025-08-14 2025-06-30 13F DESCARTES SYS GROUP COM 249906108 117,649 -31,306 -21.02 11,958 -20.38 0.0212
2025-05-15 2025-03-31 13F DESCARTES SYS GROUP COM 249906108 148,955 -22,758 -13.25 15,019 -23.00 0.0321
2025-02-14 2024-12-31 13F DESCARTES SYS GROUP COM 249906108 171,713 43,092 33.50 19,507 47.30 0.0425
2024-11-14 2024-09-30 13F DESCARTES SYS GROUP COM 249906108 128,621 -51,476 -28.58 13,243 -24.07 0.0290
2024-08-14 2024-06-30 13F DESCARTES SYS GROUP COM 249906108 180,097 6,839 3.95 17,441 9.98 0.0397
2024-05-15 2024-03-31 13F DESCARTES SYS GROUP COM 249906108 173,258 -148,882 -46.22 15,858 -41.44 0.0372
2024-02-14 2023-12-31 13F DESCARTES SYS GROUP COM 249906108 322,140 137,141 74.13 27,079 99.48 0.0622
2023-11-14 2023-09-30 13F DESCARTES SYS GROUP COM 249906108 184,999 -37,576 -16.88 13,575 -23.86 0.0365
2023-08-14 2023-06-30 13F DESCARTES SYS GROUP COM 249906108 222,575 21,683 10.79 17,830 10.11 0.0447
2023-05-15 2023-03-31 13F DESCARTES SYS GROUP COM 249906108 200,892 81,750 68.62 16,194 95.14 0.0463
2023-02-14 2022-12-31 13F DESCARTES SYS GROUP COM 249906108 119,142 -2,655 -2.18 8,298 7.24 0.0261
2022-11-14 2022-09-30 13F DESCARTES SYS GROUP COM 249906108 121,797 -124,838 -50.62 7,738 -49.44 0.0263
2022-08-15 2022-06-30 13F DESCARTES SYS GROUP COM 249906108 246,635 -17,992 -6.80 15,306 -21.05 0.0505
2022-05-16 2022-03-31 13F DESCARTES SYS GROUP COM 249906108 264,627 26,546 11.15 19,387 -1.51 0.0572
2022-02-14 2021-12-31 13F DESCARTES SYS GROUP COM 249906108 238,081 104,158 77.77 19,685 80.88 0.0421
2021-11-15 2021-09-30 13F DESCARTES SYS GROUP COM 249906108 133,923 84,223 169.46 10,883 216.64 0.0243
2021-08-16 2021-06-30 13F DESCARTES SYS GROUP COM 249906108 49,700 -92,174 -64.97 3,437 -60.23 0.0078
2021-05-17 2021-03-31 13F DESCARTES SYS GROUP COM 249906108 141,874 102,401 259.42 8,642 274.44 0.0225
2021-02-16 2020-12-31 13F DESCARTES SYS GROUP COM 249906108 39,473 39,473 -72.18 2,308 -73.29 0.0066
2020-11-16 2020-09-30 13F DESCARTES SYS GROUP COM 249906108 0 -6,220 -100.00 0 -100.00
2020-08-14 2020-06-30 13F DESCARTES SYS GROUP COM 249906108 6,220 -20,356 -76.60 329 -64.00 0.0016
2020-05-15 2020-03-31 13F DESCARTES SYS GROUP COM 249906108 26,576 925 3.61 914 -16.61 0.0074
2020-02-14 2019-12-31 13F DESCARTES SYS GROUP COM 249906108 25,651 -213,084 -89.26 1,096 -88.61 0.0033
2019-11-14 2019-09-30 13F DESCARTES SYS GROUP COM 249906108 238,735 -5,552 -2.27 9,623 6.61 0.0324
2019-08-14 2019-06-30 13F DESCARTES SYS GROUP COM 249906108 244,287 244,287 2.33 9,026 -6.20 0.0302
2019-05-15 2019-03-31 13F DESCARTES SYS GROUP COM 249906108 0 -16,394 -100.00 0 -100.00
2019-02-14 2018-12-31 13F DESCARTES SYS GROUP COM 249906108 16,394 -50,724 -75.57 434 -80.93 0.0017
2018-11-14 2018-09-30 13F DESCARTES SYS GROUP COM 249906108 67,118 51,112 319.33 2,276 336.85 0.0062
2018-08-14 2018-06-30 13F DESCARTES SYS GROUP COM 249906108 16,006 -110,200 -87.32 521 -85.56 0.0016
2018-05-15 2018-03-31 13F DESCARTES SYS GROUP COM 249906108 126,206 -15,900 -11.19 3,607 -10.96 0.0120
2018-02-14 2017-12-31 13F DESCARTES SYS GROUP COM 249906108 142,106 16,820 13.43 4,051 18.38 0.0132
2017-11-14 2017-09-30 13F DESCARTES SYS GROUP COM 249906108 125,286 -97,581 -43.78 3,422 -36.91 0.0121
2017-08-14 2017-06-30 13F DESCARTES SYS GROUP COM 249906108 222,867 -27,363 -10.94 5,424 -5.46 0.0196
2017-05-15 2017-03-31 13F DESCARTES SYS GROUP COM 249906108 250,230 224,156 859.69 5,737 928.14 0.0193
2017-02-14 2016-12-31 13F DESCARTES SYS GROUP COM 249906108 26,074 26,074 -89.58 558 -90.27 0.0021
2016-02-16 2015-12-31 13F DESCARTES SYS GROUP COM 249906108 0 -11,400 -100.00 0 -100.00
2015-11-16 2015-09-30 13F DESCARTES SYS GROUP COM 249906108 11,400 -45,837 -80.08 202 -78.02 0.0010
2016-02-09 2015-06-30 13F/A-2 DESCARTES SYS GROUP COM 249906108 57,237 5,086 9.75 919 16.77 0.1099
2016-02-09 2015-03-31 13F/A-2 DESCARTES SYS GROUP COM 249906108 52,151 52,151 787 0.0684
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.