Sei Investments and Groupama Asset Management Boost Holdings in Tech Stocks

Sei Investments Co. increased its stake in The Descartes Systems Group Inc., buying 21,079 shares in the first quarter to hold 151,893 shares, about 0.18% of the company and valued at roughly $10.9 million. The logistics‑software firm reported quarterly earnings of $0.55 per share on $166.96 million revenue.

Groupama Asset Management raised its position in Cadence Design Systems Inc. by 5.1% during the same period, acquiring an additional 3,286 shares to own 67,891 shares worth about $18.9 million. Cadence, a software maker for electronic design automation, posted its quarterly results recently. Both filings were disclosed to the SEC and reflect broader activity by institutional investors in technology companies.