The Descartes Systems Group Inc.
DE ˙ DB ˙ CA2499061083
63,35 € ↓ -4,80 (-7,04%)
2026-06-03
AKTIENPREIS
SecurityDE:DC2 / The Descartes Systems Group Inc.
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership199,827 shares
Latest Disclosed Value $ 14,299,621
Baird Financial Group, Inc. reports 13.98% decrease in ownership of DC2 / The Descartes Systems Group Inc.

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 199,827 shares of The Descartes Systems Group Inc. (DE:DC2) valued at $12,269,378 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 232,314 shares of The Descartes Systems Group Inc.. This represents a change in shares of -13.98% during the quarter. The current value of the position is $12,659,040 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 199,827 -32,487 -13.98 14,300 -29.78 0.0223
2026-02-13 2025-12-31 13F DESCARTES SYS GROUP INC COM COMMON 249906108 232,314 -13,586 -5.53 20,365 -12.11 0.0317
2025-11-13 2025-09-30 13F DESCARTES SYS GROUP COMMON 249906108 245,900 -64,180 -20.70 23,171 -26.48 0.0373
2025-08-13 2025-06-30 13F DESCARTES SYS GROUP INC COM COMMON 249906108 310,080 -24,894 -7.43 31,518 -6.68 0.0553
2025-05-15 2025-03-31 13F DESCARTES SYS GROUP INC COM COMMON 249906108 334,974 -95,395 -22.17 33,775 -30.91 0.0650
2025-02-14 2024-12-31 13F DESCARTES SYS GROUP COMMON 249906108 430,369 -41,441 -8.78 48,890 0.64 0.0935
2024-11-14 2024-09-30 13F DESCARTES SYS GROUP COMMON 249906108 471,810 -60,370 -11.34 48,578 -5.74 0.0943
2024-08-14 2024-06-30 13F DESCARTES SYS GROUP COMMON 249906108 532,180 -34,416 -6.07 51,536 -0.62 0.1069
2024-05-14 2024-03-31 13F DESCARTES SYS GROUP COMMON 249906108 566,596 -3,690 -0.65 51,861 8.18 0.1087
2024-02-14 2023-12-31 13F DESCARTES SYS GROUP COMMON 249906108 570,286 15,413 2.78 47,938 17.74 0.1093
2023-11-13 2023-09-30 13F DESCARTES SYS GROUP COMMON 249906108 554,873 243,971 78.47 40,717 63.48 0.1111
2023-08-11 2023-06-30 13F DESCARTES SYS GROUP COMMON 249906108 310,902 263,259 552.57 24,906 548.59 0.0657
2023-05-15 2023-03-31 13F DESCARTES SYS GROUP COMMON 249906108 47,643 1,489 3.23 3,841 127,900.00 0.0095
2023-02-13 2022-12-31 13F DESCARTES SYS GROUP COMMON 249906108 46,154 396 0.87 3 -99.90 0.0085
2022-11-15 2022-09-30 13F DESCARTES SYS GROUP COMMON 249906108 45,758 -5,783 -11.22 2,907 -9.13 0.0086
2022-08-08 2022-06-30 13F DESCARTES SYS GROUP COMMON 249906108 51,541 2,253 4.57 3,199 -11.41 0.0089
2022-05-13 2022-03-31 13F DESCARTES SYS GROUP COMMON 249906108 49,288 4,048 8.95 3,611 -3.45 0.0089
2022-02-09 2021-12-31 13F DESCARTES SYS GROUP COMMON 249906108 45,240 4,182 10.19 3,740 12.11 0.0087
2021-11-12 2021-09-30 13F DESCARTES SYS GROUP COMMON 249906108 41,058 13,603 49.55 3,336 75.67 0.0085
2021-08-11 2021-06-30 13F DESCARTES SYS GROUP COMMON 249906108 27,455 12,362 81.91 1,899 106.64 0.0049
2021-05-13 2021-03-31 13F DESCARTES SYS GROUP COMMON 249906108 15,093 3,765 33.24 919 38.82 0.0026
2021-02-11 2020-12-31 13F DESCARTES SYS GROUP COMMON 249906108 11,328 1,747 18.23 662 21.25 0.0020
2020-11-12 2020-09-30 13F DESCARTES SYS GROUP COMMON 249906108 9,581 -2,489 -20.62 546 -14.55 0.0019
2020-10-22 2020-06-30 13F/A-1 DESCARTES SYS GROUP COMMON 249906108 12,070 5,115 73.54 639 167.36 0.0024
2020-08-14 2020-06-30 13F DESCARTES SYS GROUP COMMON 249906108 9,889 2,934 466 923.5061
2020-05-14 2020-03-31 13F DESCARTES SYS GROUP COMMON 249906108 6,955 1,299 22.97 239 -1.24 0.0011
2020-02-14 2019-12-31 13F DESCARTES SYS GROUP COMMON 249906108 5,656 5,656 242 0.0009
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.