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Open Text
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275 hedge funds and large institutions have $6.99B invested in Open Text in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 101 increasing their positions, 97 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $5.53M

4% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 97

0.04% less ownership

Funds ownership: 66.16% → 66.11% (-0.04%)

1% less funds holding

Funds holding: 277 → 275 (-2)

5% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 38

8% less capital invested

Capital invested by funds: $7.58B → $6.99B (-$592M)

27% less funds holding in top 10

Funds holding in top 10: 11 → 8 (-3)

Holders
275
Holders Change
-2
Holders Change %
-0.72%
% of All Funds
3.96%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.12%
New
36
Increased
101
Reduced
97
Closed
38
Calls
$14.7M
Puts
$5.53M
Net Calls
+$9.15M
Net Calls Change
+$15M

Top Buyers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$157M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$105M
3
First Trust Advisors
First Trust Advisors
Illinois
+$52.1M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$33.8M
5
GCC
Guardian Capital (Canada)
Ontario, Canada
+$22.9M

Top Sellers

1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$69.4M
2
CB
Cooke & Bieler
Pennsylvania
-$51.9M
3
Amundi
Amundi
France
-$47.8M
4
Fidelity International
Fidelity International
Bermuda
-$44M
5
Harris Associates
Harris Associates
Illinois
-$42.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
JAM
276
Jupiter Asset Management
United Kingdom
– -$5.47M -129,524 Closed
SLAM
277
Swiss Life Asset Management
– -$4.57M -108,067 Closed
Holocene Advisors
278
Holocene Advisors
New York
– -$2.01M -47,825 Closed
OSAM
279
O'Shaughnessy Asset Management
Connecticut
– -$1.95M -46,430 Closed
MCM
280
Mork Capital Management
California
– -$1.19M -28,300 Closed
CP
281
CenterBook Partners
Connecticut
– -$1.13M -26,963 Closed
Public Sector Pension Investment Board (PSP Investments)
282
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
– -$1.04M -24,677 Closed
KPF
283
K2 Principal Fund
Ontario, Canada
– -$937K -22,300 Closed
CA
284
Cetera Advisors
Colorado
– -$858K -20,412 Closed
II
285
Inspire Investing
Idaho
– -$768K -18,277 Closed
Walleye Trading
286
Walleye Trading
New York
– -$692K -16,458 Closed
HPCM
287
Hunter Perkins Capital Management
Illinois
– -$630K -15,000 Closed
SEC
288
Seven Eight Capital
New York
– -$622K -14,797 Closed
Simplex Trading
289
Simplex Trading
Illinois
– -$424K -10,545 Closed
SEI Investments
290
SEI Investments
Pennsylvania
– -$394K -9,381 Closed
MIFH
291
Migdal Insurance & Financial Holdings
Israel
– -$391K -9,239 Closed
VA
292
Vident Advisory
Georgia
– -$338K -8,039 Closed
BHCM
293
Boulder Hill Capital Management
New York
– -$328K -7,800 Closed
BCM
294
Bayesian Capital Management
New York
– -$321K -7,642 Closed
XT
295
XTX Topco
Cayman Islands
– -$288K -6,860 Closed
MML Investors Services
296
MML Investors Services
Massachusetts
– -$260K -6,181 Closed
HWM
297
HB Wealth Management
Georgia
– -$214K -5,096 Closed
MFWP
298
Mosaic Family Wealth Partners
Missouri
– -$213K -5,065 Closed
Two Sigma Advisers
299
Two Sigma Advisers
New York
– -$210K -5,000 Closed
CI
300
Cigna Investments
Connecticut
– -$211K -4,974 Closed
9 10 11
12
13

OTEX Hedge Fund Activity: Q1 2024 in Review

275 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2024, worth a combined $6.99B — down 7.8% from $7.58B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of OTEX and 36 opened new positions — a net loss of 2 holders — while 97 trimmed existing stakes and 101 added.

The largest buyer was Royal Bank of Canada, adding an estimated $157M. The largest seller was Arrowstreet Capital, cutting an estimated $69.4M.

  • 275 institutional investors held Open Text (OTEX) as of Q1 2024, down from 277 in Q4 2023.
  • Funds reported $6.99B of Open Text stock for Q1 2024, down 7.8% quarter-over-quarter.
  • 36 funds opened new Open Text positions in Q1 2024 and 38 closed out, a net change of -2 holders.
  • The largest Open Text buyer in Q1 2024 was Royal Bank of Canada, an estimated $157M added.
  • The largest Open Text seller in Q1 2024 was Arrowstreet Capital, an estimated $69.4M sold.

Based on aggregated 13F filings for Q1 2024.