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Open Text
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277 hedge funds and large institutions have $7.58B invested in Open Text in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 96 increasing their positions, 91 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 29

57% more funds holding in top 10

Funds holding in top 10: 7 → 11 (+4)

20% more capital invested

Capital invested by funds: $6.34B → $7.58B (+$1.24B)

7% more funds holding

Funds holding: 259 → 277 (+18)

5% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 91

0.34% more ownership

Funds ownership: 65.82% → 66.16% (+0.34%)

38% less call options, than puts

Call options by funds: $9.57M | Put options by funds: $15.4M

Holders
277
Holders Change
+18
Holders Change %
+6.95%
% of All Funds
4.04%
Holding in Top 10
11
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+57.14%
% of All Funds
0.16%
New
48
Increased
96
Reduced
91
Closed
29
Calls
$9.57M
Puts
$15.4M
Net Calls
-$5.8M
Net Calls Change
-$5.21M

Top Buyers

1
ClearBridge Investments
ClearBridge Investments
New York
+$105M
2
Fidelity International
Fidelity International
Bermuda
+$69.6M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$38.3M
4
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$29.5M
5
BGC
Beutel, Goodman & Co
Ontario, Canada
+$29.4M

Top Sellers

1
Franklin Resources
Franklin Resources
California
-$99.7M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$24.5M
3
Invesco
Invesco
Georgia
-$22.6M
4
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
-$20.7M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$19.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
BTI
251
Blue Trust Inc
Georgia
$8K +$601 +16 +8%
Fifth Third Bancorp
252
Fifth Third Bancorp
Ohio
$7.73K – – –
ZB
253
Zions Bancorporation
Utah
$6.05K +$638 +17 +13%
Kayne Anderson Rudnick Investment Management
254
Kayne Anderson Rudnick Investment Management
California
$5.35K +$2.29K +61 +92%
CCM
255
Copeland Capital Management
Pennsylvania
$5K – – –
CCM
256
Chilton Capital Management
Texas
$4.62K +$4.13K +110 New
HIA
257
Harbor Investment Advisory
Maryland
$4.2K – – –
Acadian Asset Management
258
Acadian Asset Management
Massachusetts
$4K -$690K -18,382 -99%
ME
259
McIlrath & Eck
Washington
$3.66K +$3.27K +87 New
JWA
260
JFS Wealth Advisors
Pennsylvania
$3.61K +$863 +23 +37%
FWM
261
FSA Wealth Management
Massachusetts
$3K +$2.52K +67 New
CFO
262
CVA Family Office
Colorado
$2.44K +$2.18K +58 New
BF
263
BOK Financial
Oklahoma
$2.4K -$2.52K -67 -54%
NA
264
NewEdge Advisors
Louisiana
$2.32K +$1.91K +51 +1,275%
AF
265
Advisornet Financial
Minnesota
$2.14K – – –
ASN
266
Advisory Services Network
Georgia
$1.78K +$1.58K +42 New
LFG
267
Larson Financial Group
Missouri
$1.58K -$36.8K -980 -96%
GWM
268
Geneos Wealth Management
Colorado
$1.34K +$1.2K +32 New
FGAM
269
Financial Gravity Asset Management
Texas
$1.23K +$563 +15 +88%
SPIA
270
Steward Partners Investment Advisory
New York
$882 – – –
First Manhattan
271
First Manhattan
New York
$756 +$676 +18 New
RCM
272
Raleigh Capital Management
North Carolina
$594 – – –
SN
273
Sittner & Nelson
Oregon
$336 – – –
TWD
274
True Wealth Design
Ohio
$253 – – –
JFGIW
275
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$211 +$188 +5 New
9 10
11
12 13

OTEX Hedge Fund Activity: Q4 2023 in Review

277 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2023, worth a combined $7.58B — up 20% from $6.34B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new OTEX positions and 29 closed out — a net gain of 19 holders — while 96 added to existing stakes and 91 trimmed.

The largest buyer was ClearBridge Investments, opening a new position worth an estimated $105M. The largest seller was Franklin Resources, cutting an estimated $99.7M.

  • 277 institutional investors held Open Text (OTEX) as of Q4 2023, up from 259 in Q3 2023.
  • Funds reported $7.58B of Open Text stock for Q4 2023, up 20% quarter-over-quarter.
  • 48 funds opened new Open Text positions in Q4 2023 and 29 closed out, a net change of +19 holders.
  • The largest Open Text buyer in Q4 2023 was ClearBridge Investments, an estimated $105M added.
  • The largest Open Text seller in Q4 2023 was Franklin Resources, an estimated $99.7M sold.

Based on aggregated 13F filings for Q4 2023.