Open Text
OTEX
212 hedge funds and large institutions have $5.55B invested in Open Text in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 89 increasing their positions, 79 reducing their positions, and 20 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
13% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 79
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
9% more capital invested
Capital invested by funds: $5.11B → $5.55B (+$447M)
0% more funds holding
Funds holding: 212 → 212 (0)
10% less call options, than puts
Call options by funds: $14.7M | Put options by funds: $16.3M
Top Buyers
Top Sellers
| 1 |
Franklin Resources
San Mateo,
California
|
-$163M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$29.1M |
| 3 |
PIMC
Praesidium Investment Management Company
New York
|
-$16.5M |
| 4 |
KMC
Kirr Marbach & Co
Columbus,
Indiana
|
-$14.8M |
| 5 |
Goldman Sachs
New York
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
226
BlackRock Investment Management
Wilmington,
Delaware
| – | -$18K | -600 | Closed |
|
227
Lazard Asset Management
New York
| – | -$16K | -560 | Closed |
|
|
CCA
228
Checchi Capital Advisers
Beverly Hills,
California
| – | -$15K | -496 | Closed |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$12K | -412 | Closed |
|
|
MWP
230
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$2K | -82 | Closed |
|
|
AIM
231
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$1K | -48 | Closed |
|
|
FWM
232
Focused Wealth Management
Newburgh,
New York
| – | -$1K | -28 | Closed |
|
OTEX Hedge Fund Activity: Q3 2016 in Review
212 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q3 2016, worth a combined $5.55B — up 8.8% from $5.11B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OTEX positions and 20 closed out — a net gain of 2 holders — while 89 added to existing stakes and 79 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $44.8M. The largest seller was Franklin Resources, cutting an estimated $163M.
- 212 institutional investors held Open Text (OTEX) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $5.55B of Open Text stock for Q3 2016, up 8.8% quarter-over-quarter.
- 22 funds opened new Open Text positions in Q3 2016 and 20 closed out, a net change of +2 holders.
- The largest Open Text buyer in Q3 2016 was Arrowstreet Capital, an estimated $44.8M added.
- The largest Open Text seller in Q3 2016 was Franklin Resources, an estimated $163M sold.
Based on aggregated 13F filings for Q3 2016.