Open Text
OTEX
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.
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)
Top Buyers
Top Sellers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$91.5M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$26.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.8M |
| 4 |
Morgan Stanley
New York
|
-$15.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$15.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
301
Tacita Capital
Toronto,
Ontario, Canada
| – | -$39K | -1,300 | Closed |
|
|
GIS
302
Grayhawk Investment Strategies
Calgary,
Alberta, Canada
| – | -$41.4K | -1,007 | Closed |
|
|
CFM
303
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$24K | -800 | Closed |
|
304
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$5.64K | -182 | Closed |
|
|
WT
305
Whittier Trust
South Pasadena,
California
| – | -$2.13K | -71 | Closed |
|
|
CA
306
Continuum Advisory
Eagle,
Idaho
| – | -$631 | -21 | Closed |
|
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.