Open Text
OTEX
279 hedge funds and large institutions have $8.29B invested in Open Text in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 98 reducing their positions, and 39 closing their positions.
341% more call options, than puts
Call options by funds: $9.09M | Put options by funds: $2.06M
6% more capital invested
Capital invested by funds: $7.79B → $8.29B (+$501M)
5% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 98
0.46% more ownership
Funds ownership: 66% → 66.46% (+0.46%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 39
2% less funds holding
Funds holding: 284 → 279 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$87.1M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$70.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$52.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$91.7M |
| 2 |
PIMC
Praesidium Investment Management Company
New York
|
-$75.5M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$57.2M |
| 4 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$39.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$24.2M |
OTEX Hedge Fund Activity: Q4 2020 in Review
279 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2020, worth a combined $8.29B — up 6.4% from $7.79B a quarter earlier.
Fund positioning in OTEX was balanced in Q4 2020: 39 funds opened new positions, 39 closed out, 103 added to existing stakes and 98 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $87.1M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $91.7M.
- 279 institutional investors held Open Text (OTEX) as of Q4 2020, down from 284 in Q3 2020.
- Funds reported $8.29B of Open Text stock for Q4 2020, up 6.4% quarter-over-quarter.
- 39 funds opened new Open Text positions in Q4 2020 and 39 closed out, a net change of 0 holders.
- The largest Open Text buyer in Q4 2020 was Arrowstreet Capital, an estimated $87.1M added.
- The largest Open Text seller in Q4 2020 was Manulife (Manufacturers Life Insurance), an estimated $91.7M sold.
Based on aggregated 13F filings for Q4 2020.