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.
InstitutionZeno Equity Partners LLP
Latest Disclosed Ownership286,443 shares
Latest Disclosed Value $ 20,497,861
Zeno Equity Partners LLP reports 112.49% increase in ownership of DC2 / The Descartes Systems Group Inc.

On May 15, 2026 - Zeno Equity Partners LLP filed a 13F-HR/A form disclosing ownership of 286,443 shares of The Descartes Systems Group Inc. (DE:DC2) valued at $17,587,600 USD as of March 31, 2026. The entity filed a previous 13F-HR on May 12, 2025 disclosing 134,800 shares of The Descartes Systems Group Inc.. This represents a change in shares of 112.49% during the quarter. The current value of the position is $18,146,164 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/A-1 DESCARTES SYSTEM ORD Equity 249906108 286,443 151,643 112.49 20,498 -24.14 8.3179
2025-05-12 2025-03-31 13F DESCARTES SYSTEM ORD Equity 249906108 134,800 -121,349 -47.37 27,020 -7.14 9.7713
2025-02-11 2024-12-31 13F DESCARTES SYSTEM ORD Equity 249906108 256,149 -10,819 -4.05 29,099 5.86 8.7282
2024-11-12 2024-09-30 13F DESCARTES SYSTEM ORD Equity 249906108 266,968 692 0.26 27,487 6.60 7.6669
2024-08-09 2024-06-30 13F DESCARTES SYSTEM ORD Equity 249906108 266,276 1,696 0.64 25,786 6.48 6.8605
2024-04-22 2024-03-31 13F THE DESCARTES SYSTEMS GROUP COM 249906108 264,580 132,432 100.21 24,217 118.01 5.4211
2024-02-29 2023-12-31 13F/A-2 Descartes Systems Group COM 249906108 132,148 132,148 11,108 2.9271
2024-02-29 2023-12-31 13F/A-1 Descartes Systems Group COM 249906108 84 132
2024-02-27 2023-12-31 13F Descartes Systems Group COM 249906108 132,148 0
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.