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Open Text

240 hedge funds and large institutions have $6.26B invested in Open Text in 2017 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 82 increasing their positions, 85 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 26

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

14% more capital invested

Capital invested by funds: $5.5B → $6.26B (+$754M)

7% more funds holding

Funds holding: 224240 (+16)

4% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 85

37% less call options, than puts

Call options by funds: $8.18M | Put options by funds: $12.9M

67.79% less ownership

Funds ownership: 137.15%69.36% (-68%)

Holders
240
Holders Change
+16
Holders Change %
+7.14%
% of All Funds
5.97%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.22%
New
46
Increased
82
Reduced
85
Closed
26
Calls
$8.18M
Puts
$12.9M
Net Calls
-$4.75M
Net Calls Change
-$8.17M
Name Holding Trade Value Shares
Change
Change in
Stake
FMP
226
Financial Management Professionals
Texas
$4K
LIA
227
LS Investment Advisors
Michigan
$4K
YWP
228
YorkBridge Wealth Partners
New York
$4K +$3.52K +106 New
WT
229
Whittier Trust
California
$4K +$4.16K +125 New
ZB
230
Zions Bancorporation
Utah
$3K -$14.3K -431 -83%
Bessemer Group
231
Bessemer Group
New Jersey
$3K
PG
232
Patten Group
Tennessee
$2K -$2.33K -70 -50%
EA
233
Edge Advisors
Georgia
$2K
EWM
234
Evercore Wealth Management
New York
$2K
QCG
235
Quadrant Capital Group
Ohio
$2K
GT
236
Glenmede Trust
Pennsylvania
$2K +$2.79K +84 New
ACS
237
Archford Capital Strategies
Illinois
$1K +$1.3K +39 New
SM
238
Sciencast Management
New Jersey
$595 +$582K +17,506 New
Walleye Trading
239
Walleye Trading
New York
$21 +$20.9K +630 New
WCA
240
Waratah Capital Advisors
Ontario, Canada
-$5.02M -162,440 Closed
MIM
241
Monashee Investment Management
Massachusetts
-$1.58M -102,000 Closed
Janus Henderson Group
242
Janus Henderson Group
United Kingdom
-$3.09M -100,000 Closed
KM
243
Kalos Management
Georgia
-$2.98M -96,570 Closed
Acadian Asset Management
244
Acadian Asset Management
Massachusetts
-$2.97M -96,000 Closed
SO
245
STRS Ohio
Ohio
-$2.55M -82,600 Closed
WMSA
246
Weiss Multi-Strategy Advisers
New York
-$1.24M -40,000 Closed
SLAM
247
Swiss Life Asset Management
-$1.22M -39,524 Closed
SG Americas Securities
248
SG Americas Securities
New York
-$885K -28,632 Closed
VKH
249
Virtu KCG Holdings
New York
-$792K -25,630 Closed
Marshall Wace
250
Marshall Wace
United Kingdom
-$712K -23,048 Closed

OTEX Hedge Fund Activity: Q1 2017 in Review

240 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2017, worth a combined $6.26B — up 14% from $5.5B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new OTEX positions and 26 closed out — a net gain of 20 holders — while 82 added to existing stakes and 85 trimmed.

The largest buyer was Blue Harbour Group, opening a new position worth an estimated $100M. The largest seller was Snow Capital Management, cutting an estimated $33.7M.

  • 240 institutional investors held Open Text (OTEX) as of Q1 2017, up from 224 in Q4 2016.
  • Funds reported $6.26B of Open Text stock for Q1 2017, up 14% quarter-over-quarter.
  • 46 funds opened new Open Text positions in Q1 2017 and 26 closed out, a net change of +20 holders.
  • The largest Open Text buyer in Q1 2017 was Blue Harbour Group, an estimated $100M added.
  • The largest Open Text seller in Q1 2017 was Snow Capital Management, an estimated $33.7M sold.

Based on aggregated 13F filings for Q1 2017.