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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
IAIM
276
International Assets Investment Management
Florida
$420 +$440K +13,978 New
TWD
277
True Wealth Design
Ohio
$333 -$63 -2 -17%
Jones Financial Companies
278
Jones Financial Companies
Missouri
$298 +$283 +9 New
CTC
279
Central Trust Company
Missouri
$233 +$220 +7 New
AssetMark Inc
280
AssetMark Inc
California
$25 – – –
Caisse de Depot et Placement du Quebec (CDPQ)
281
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
– -$11.7M -390,642 Closed
NPPM
282
North Point Portfolio Managers
Ohio
– -$6.52M -216,889 Closed
NAM
283
NorthCrest Asset Manangement
Minnesota
– -$2.87M -95,604 Closed
CCIA
284
Campbell & Co Investment Adviser
Maryland
– -$2.35M -78,368 Closed
KM
285
Kabouter Management
Illinois
– -$2.29M -76,774 Closed
QT
286
Quantbot Technologies
New York
– -$1.19M -39,677 Closed
XT
287
XTX Topco
Cayman Islands
– -$778K -25,898 Closed
Truist Financial
288
Truist Financial
North Carolina
– -$515K -17,128 Closed
GCM
289
Graham Capital Management
Connecticut
– -$501K -16,690 Closed
BHCM
290
Brevan Howard Capital Management
Jersey
– -$457K -15,209 Closed
Janney Montgomery Scott
291
Janney Montgomery Scott
Pennsylvania
– -$452K -15,054 Closed
AC
292
Aristeia Capital
Connecticut
– -$419K -13,953 Closed
EGM
293
Engineers Gate Manager
New York
– -$322K -10,722 Closed
BC
294
Bridgefront Capital
Texas
– -$315K -10,497 Closed
USAA
295
United Services Automobile Association
Texas
– -$302K -10,044 Closed
MM
296
MQS Management
New York
– -$252K -8,373 Closed
EI
297
Ethic Inc
New York
– -$249K -8,291 Closed
SSA
298
Schonfeld Strategic Advisors
New York
– -$234K -7,800 Closed
FAFN
299
First Affirmative Financial Network
Colorado
– -$234K -7,774 Closed
PTC
300
Petrus Trust Company
Texas
– -$224K -7,466 Closed
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.