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Open Text

177 hedge funds and large institutions have $4.1B invested in Open Text in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 68 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

21% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 24

8% more capital invested

Capital invested by funds: $3.79B → $4.1B (+$309M)

2% more funds holding

Funds holding: 173177 (+4)

10% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 68

14% less call options, than puts

Call options by funds: $20.5M | Put options by funds: $23.9M

Holders
177
Holders Change
+4
Holders Change %
+2.31%
% of All Funds
5.14%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.12%
New
29
Increased
61
Reduced
68
Closed
24
Calls
$20.5M
Puts
$23.9M
Net Calls
-$3.42M
Net Calls Change
+$38.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
26
Bank of Montreal
Ontario, Canada
$35.9M -$1.84M -89,008 -5%
Bank of Nova Scotia
27
Bank of Nova Scotia
Ontario, Canada
$33.2M +$926K +44,800 +3%
SAM
28
Sheffield Asset Management
Illinois
$30.5M +$27.4M +1,325,200 New
IGIM
29
I.G. Investment Management
Manitoba, Canada
$27.8M -$26.1M -1,261,052 -51%
Canada Pension Plan Investment Board
30
Canada Pension Plan Investment Board
Ontario, Canada
$26.8M -$9.65M -467,200 -29%
SAM
31
Sentinel Asset Management
Vermont
$25.8M -$6.68M -323,480 -22%
Fiera Capital (Canada)
32
Fiera Capital (Canada)
Quebec, Canada
$24.9M -$2.26M -109,272 -5%
PIC
33
PCJ Investment Counsel
Ontario, Canada
$21.9M -$7.61M -368,400 -29%
TAM
34
Todd Asset Management
Kentucky
$21.6M +$136K +6,604 +0.7%
TRSOTSOK
35
Teachers Retirement System of the State of Kentucky
Kentucky
$21.2M
RFC
36
Russell Frank Company
Washington
$18.8M -$6.1M -295,000 -28%
T. Rowe Price Associates
37
T. Rowe Price Associates
Maryland
$17.8M -$140K -6,800 -0.9%
ICM
38
IronBridge Capital Management
Illinois
$17.8M -$1.93M -93,348 -11%
Swiss National Bank
39
Swiss National Bank
Switzerland
$17.5M +$8.27K +400 +0.1%
1832 Asset Management
40
1832 Asset Management
Ontario, Canada
$17.3M -$2.75M -132,980 -15%
Arrowstreet Capital
41
Arrowstreet Capital
Massachusetts
$17M +$11.4M +553,460 +295%
BFA
42
BlackRock Fund Advisors
California
$16.3M +$1.35M +65,312 +10%
AIMCA
43
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$14.5M +$4.95M +239,608 +68%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$13.4M -$208K -10,060 -2%
KMC
45
Kirr Marbach & Co
Indiana
$13.4M +$31K +1,500 +0.3%
NPPM
46
North Point Portfolio Managers
Ohio
$12.2M +$55.6K +2,692 +0.5%
CIM
47
Contravisory Investment Management
Massachusetts
$11.6M +$10.4M +502,460 New
VRS
48
Virginia Retirement Systems
Virginia
$10.6M -$5.1M -246,800 -35%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$10.4M +$985K +47,696 +12%
Wellington Management Group
50
Wellington Management Group
Massachusetts
$9.47M -$187K -9,028 -2%

OTEX Hedge Fund Activity: Q4 2013 in Review

177 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2013, worth a combined $4.1B — up 8.2% from $3.79B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new OTEX positions and 24 closed out — a net gain of 5 holders — while 61 added to existing stakes and 68 trimmed.

The largest buyer was Jarislowsky, Fraser Ltd, adding an estimated $82.3M. The largest seller was Fidelity Investments, cutting an estimated $158M.

  • 177 institutional investors held Open Text (OTEX) as of Q4 2013, up from 173 in Q3 2013.
  • Funds reported $4.1B of Open Text stock for Q4 2013, up 8.2% quarter-over-quarter.
  • 29 funds opened new Open Text positions in Q4 2013 and 24 closed out, a net change of +5 holders.
  • The largest Open Text buyer in Q4 2013 was Jarislowsky, Fraser Ltd, an estimated $82.3M added.
  • The largest Open Text seller in Q4 2013 was Fidelity Investments, an estimated $158M sold.

Based on aggregated 13F filings for Q4 2013.