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Open Text

240 hedge funds and large institutions have $6.26B invested in Open Text in 2017 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 82 increasing their positions, 85 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 26

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

14% more capital invested

Capital invested by funds: $5.5B → $6.26B (+$754M)

7% more funds holding

Funds holding: 224240 (+16)

4% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 85

37% less call options, than puts

Call options by funds: $8.18M | Put options by funds: $12.9M

67.79% less ownership

Funds ownership: 137.15%69.36% (-68%)

Holders
240
Holders Change
+16
Holders Change %
+7.14%
% of All Funds
5.97%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.22%
New
46
Increased
82
Reduced
85
Closed
26
Calls
$8.18M
Puts
$12.9M
Net Calls
-$4.75M
Net Calls Change
-$8.17M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
51
Boston Advisors
Massachusetts
$20.5M -$1.18M -35,594 -6%
BlackRock
52
BlackRock
New York
$20.3M +$19.4M +583,795 +4,228%
BCM
53
Barometer Capital Management
Ontario, Canada
$20.2M +$9.6M +288,750 +94%
GMI
54
Greystone Managed Investments
Saskatchewan, Canada
$19.7M -$3.99M -119,972 -17%
Canada Pension Plan Investment Board
55
Canada Pension Plan Investment Board
Ontario, Canada
$18.2M
NIPH
56
NN Investment Partners Holdings
Netherlands
$17.8M +$748K +22,514 +4%
Massachusetts Financial Services
57
Massachusetts Financial Services
Massachusetts
$17.3M -$337K -10,127 -2%
NPPM
58
North Point Portfolio Managers
Ohio
$16.3M -$41.9K -1,259 -0.3%
SAM
59
Sentinel Asset Management
Vermont
$15.8M -$623K -18,726 -4%
APG Asset Management
60
APG Asset Management
Netherlands
$15.4M -$4.61M -138,756 -23%
AC
61
Addenda Capital
Quebec, Canada
$14.4M +$997 +30 +0%
CS
62
Credit Suisse
Switzerland
$13.6M -$630K -18,936 -5%
Two Sigma Investments
63
Two Sigma Investments
New York
$13.4M +$3.2M +96,180 +32%
Toronto Dominion Bank
64
Toronto Dominion Bank
Ontario, Canada
$13.2M +$252K +7,579 +2%
T
65
TOBAM
France
$12.9M -$7.32M -220,300 -37%
Franklin Resources
66
Franklin Resources
California
$12.4M +$226K +6,801 +2%
AT
67
AMF Tjänstepension
Sweden
$12.2M +$189K +5,700 +2%
Bank of New York Mellon
68
Bank of New York Mellon
New York
$12.1M +$442K +13,295 +4%
FDCDDQ
69
Federation des caisses Desjardins du Quebec
Quebec, Canada
$11.1M +$10.9M +326,800 New
SEI Investments
70
SEI Investments
Pennsylvania
$11.1M +$10.7M +320,598 +6,966%
SC
71
Scotia Capital
Ontario, Canada
$10.5M +$873K +26,247 +9%
Geode Capital Management
72
Geode Capital Management
Massachusetts
$9.07M +$5.18M +155,886 +139%
D.E. Shaw & Co
73
D.E. Shaw & Co
New York
$8.73M -$3.11M -93,431 -27%
AG
74
Aperio Group
California
$8.48M +$2.69M +81,048 +48%
Grantham, Mayo, Van Otterloo & Co (GMO)
75
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$8.44M -$841K -25,300 -9%

OTEX Hedge Fund Activity: Q1 2017 in Review

240 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2017, worth a combined $6.26B — up 14% from $5.5B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new OTEX positions and 26 closed out — a net gain of 20 holders — while 82 added to existing stakes and 85 trimmed.

The largest buyer was Blue Harbour Group, opening a new position worth an estimated $100M. The largest seller was Snow Capital Management, cutting an estimated $33.7M.

  • 240 institutional investors held Open Text (OTEX) as of Q1 2017, up from 224 in Q4 2016.
  • Funds reported $6.26B of Open Text stock for Q1 2017, up 14% quarter-over-quarter.
  • 46 funds opened new Open Text positions in Q1 2017 and 26 closed out, a net change of +20 holders.
  • The largest Open Text buyer in Q1 2017 was Blue Harbour Group, an estimated $100M added.
  • The largest Open Text seller in Q1 2017 was Snow Capital Management, an estimated $33.7M sold.

Based on aggregated 13F filings for Q1 2017.