Open Text
OTEX
224 hedge funds and large institutions have $4.94B invested in Open Text in 2014 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 87 increasing their positions, 81 reducing their positions, and 14 closing their positions.
150% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 14
8% more funds holding
Funds holding: 207 → 224 (+17)
7% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 81
5% more capital invested
Capital invested by funds: $4.73B → $4.94B (+$216M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
33% less call options, than puts
Call options by funds: $8.23M | Put options by funds: $12.3M
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCCM
226
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$1.08M | -39,000 | Closed |
|
|
AL
227
Airain Ltd
St. Peter Port,
Guernsey
| – | -$598K | -21,572 | Closed |
|
|
CSS
228
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$575K | -20,766 | Closed |
|
229
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$493K | -17,800 | Closed |
|
|
LOAMS
230
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
| – | -$442K | -15,800 | Closed |
|
|
GT
231
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$384K | -13,860 | Closed |
|
|
TH
232
Timber Hill
Greenwich,
Connecticut
| – | -$242K | -8,532 | Closed |
|
|
CCIA
233
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$229K | -8,274 | Closed |
|
|
BONST
234
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
| – | -$203K | -7,320 | Closed |
|
|
BKBG
235
BHF Kleinwort Benson Group
Brussels,
Belgium
| – | -$46K | -2,152 | Closed |
|
|
EMA
236
Efficient Market Advisors
San Diego,
California
| – | -$1K | -44 | Closed |
|
|
IC
237
Intersect Capital
San Ramon,
California
| – | +$227 | +8 | New |
|
OTEX Hedge Fund Activity: Q4 2014 in Review
224 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2014, worth a combined $4.94B — up 4.6% from $4.73B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new OTEX positions and 14 closed out — a net gain of 21 holders — while 87 added to existing stakes and 81 trimmed.
The largest buyer was McKinley Capital Management, adding an estimated $27.2M. The largest seller was Praesidium Investment Management Company, cutting an estimated $37M.
- 224 institutional investors held Open Text (OTEX) as of Q4 2014, up from 207 in Q3 2014.
- Funds reported $4.94B of Open Text stock for Q4 2014, up 4.6% quarter-over-quarter.
- 35 funds opened new Open Text positions in Q4 2014 and 14 closed out, a net change of +21 holders.
- The largest Open Text buyer in Q4 2014 was McKinley Capital Management, an estimated $27.2M added.
- The largest Open Text seller in Q4 2014 was Praesidium Investment Management Company, an estimated $37M sold.
Based on aggregated 13F filings for Q4 2014.