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Open Text
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280 hedge funds and large institutions have $6.13B invested in Open Text in 2024 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 100 increasing their positions, 86 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 26

63% more call options, than puts

Call options by funds: $17.1M | Put options by funds: $10.5M

16% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 86

15% more capital invested

Capital invested by funds: $5.35B → $6.13B (+$786M)

12% more funds holding

Funds holding: 250 → 280 (+30)

3.14% more ownership

Funds ownership: 65.18% → 68.32% (+3.1%)

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

Holders
280
Holders Change
+30
Holders Change %
+12%
% of All Funds
4.02%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.11%
New
57
Increased
100
Reduced
86
Closed
26
Calls
$17.1M
Puts
$10.5M
Net Calls
+$6.56M
Net Calls Change
-$3.72M

Top Buyers

1
VPI
Value Partners Investments
Manitoba, Canada
+$75.4M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$75M
3
BIP
Brandes Investment Partners
California
+$52M
4
JFL
Jarislowsky, Fraser Ltd
Quebec, Canada
+$27.9M
5
Millennium Management
Millennium Management
New York
+$24M

Top Sellers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$91.5M
2
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
-$26.9M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$25.8M
4
Morgan Stanley
Morgan Stanley
New York
-$15.8M
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$15.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
Fifth Third Bancorp
251
Fifth Third Bancorp
Ohio
$6.12K – – –
ZB
252
Zions Bancorporation
Utah
$5.16K -$4.44K -141 -48%
DMIC
253
Dixon Mitchell Investment Counsel
British Columbia, Canada
$4.83K -$14.3K -453 -76%
LIS
254
Legacy Investment Solutions
Idaho
$4.57K +$4.72K +150 New
LWMI
255
Legacy Wealth Management (Idaho)
Idaho
$4.57K +$4.72K +150 New
Kayne Anderson Rudnick Investment Management
256
Kayne Anderson Rudnick Investment Management
California
$4.04K – – –
CCM
257
Copeland Capital Management
Pennsylvania
$3.96K +$3.75K +119 New
IWP
258
IAG Wealth Partners
Wisconsin
$3.73K +$3.53K +112 New
UB
259
UMB Bank
Missouri
$3.16K – – –
ME
260
McIlrath & Eck
Washington
$2.9K – – –
FWM
261
FSA Wealth Management
Massachusetts
$2.23K +$2.11K +67 New
CFO
262
CVA Family Office
Colorado
$2.16K +$2.05K +65 New
JWA
263
JFS Wealth Advisors
Pennsylvania
$2.1K – – –
WWP
264
WR Wealth Planners
Missouri
$2.03K -$1.23K -39 -39%
AF
265
Advisornet Financial
Minnesota
$1.56K – – –
GBT
266
Grove Bank & Trust
Florida
$1.46K +$1.39K +44 New
LFG
267
Larson Financial Group
Missouri
$1.39K – – –
PS
268
Principal Securities
Iowa
$1.26K +$787 +25 +192%
MG
269
Mather Group
Illinois
$1.19K +$1.13K +36 New
GWM
270
Geneos Wealth Management
Colorado
$1.06K – – –
BGAI
271
Bruce G. Allen Investments
Colorado
$932 – – –
HNB
272
Huntington National Bank
Ohio
$798 +$724 +23 +2,300%
SPIA
273
Steward Partners Investment Advisory
New York
$699 – – –
SIC
274
Salem Investment Counselors
North Carolina
$633 +$598 +19 New
GI
275
GAMMA Investing
California
$433 – – –
9 10
11
12 13

OTEX Hedge Fund Activity: Q3 2024 in Review

280 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q3 2024, worth a combined $6.13B — up 15% from $5.35B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new OTEX positions and 26 closed out — a net gain of 31 holders — while 100 added to existing stakes and 86 trimmed.

The largest buyer was Value Partners Investments, adding an estimated $75.4M. The largest seller was Royal Bank of Canada, cutting an estimated $91.5M.

  • 280 institutional investors held Open Text (OTEX) as of Q3 2024, up from 250 in Q2 2024.
  • Funds reported $6.13B of Open Text stock for Q3 2024, up 15% quarter-over-quarter.
  • 57 funds opened new Open Text positions in Q3 2024 and 26 closed out, a net change of +31 holders.
  • The largest Open Text buyer in Q3 2024 was Value Partners Investments, an estimated $75.4M added.
  • The largest Open Text seller in Q3 2024 was Royal Bank of Canada, an estimated $91.5M sold.

Based on aggregated 13F filings for Q3 2024.