Open Text
OTEX
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.
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)
Top Buyers
Top Sellers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$69.4M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$51.9M |
| 3 |
Amundi
Paris,
France
|
-$47.8M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$44M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$42.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCI
301
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$200K | -4,848 | Closed |
|
|
OPS
302
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$200K | -4,848 | Closed |
|
|
HF
303
HRT Financial
New York
| – | -$201K | -4,801 | Closed |
|
|
TAIM
304
Te Ahumairangi Investment Management
Wellington,
New Zealand
| – | -$137K | -3,250 | Closed |
|
|
GWS
305
Glassman Wealth Services
Vienna,
Virginia
| – | -$39K | -928 | Closed |
|
306
Optiver Holding
Amsterdam,
Netherlands
| – | -$26.6K | -633 | Closed |
|
|
BTI
307
Blue Trust Inc
Alpharetta,
Georgia
| – | -$8K | -228 | Closed |
|
|
AIM
308
Anchor Investment Management
Columbia,
South Carolina
| – | -$8.4K | -200 | Closed |
|
|
CCM
309
Chilton Capital Management
Houston,
Texas
| – | -$4.62K | -110 | Closed |
|
|
ASN
310
Advisory Services Network
Atlanta,
Georgia
| – | -$1.78K | -42 | Closed |
|
311
First Manhattan
New York
| – | -$756 | -18 | Closed |
|
|
RCM
312
Raleigh Capital Management
Cary,
North Carolina
| – | -$594 | -14 | Closed |
|
|
AWM
313
Abound Wealth Management
Franklin,
Tennessee
| – | -$22 | -1 | Closed |
|
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.