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Open Text
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266 hedge funds and large institutions have $6.28B invested in Open Text in 2018 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 98 increasing their positions, 92 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more funds holding in top 10

Funds holding in top 10: 11 → 12 (+1)

7% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 92

6% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 36

0.64% more ownership

Funds ownership: 70.17% → 70.81% (+0.64%)

0% less funds holding

Funds holding: 267 → 266 (-1)

12% less capital invested

Capital invested by funds: $7.17B → $6.28B (-$892M)

72% less call options, than puts

Call options by funds: $3.44M | Put options by funds: $12.2M

Holders
266
Holders Change
-1
Holders Change %
-0.37%
% of All Funds
5.93%
Holding in Top 10
12
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+9.09%
% of All Funds
0.27%
New
38
Increased
98
Reduced
92
Closed
36
Calls
$3.44M
Puts
$12.2M
Net Calls
-$8.72M
Net Calls Change
-$13.3M

Top Buyers

1
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
+$51.4M
2
BCIM
British Columbia Investment Management
British Columbia, Canada
+$32.9M
3
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
+$19.1M
4
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$19M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$16.2M

Top Sellers

1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$60.9M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$22.7M
3
Two Sigma Investments
Two Sigma Investments
New York
-$13.9M
4
CAM
Cidel Asset Management
Ontario, Canada
-$10.1M
5
UH
Unigestion Holding
Switzerland
-$8.96M
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$16.3M +$3.67M +108,563 +28%
CS
52
Credit Suisse
Switzerland
$16M -$931K -27,571 -5%
TSW
53
Thompson Siegel & Walmsley
Virginia
$15.5M +$29K +859 +0.2%
VRS
54
Virginia Retirement Systems
Virginia
$14.9M -$179K -5,300 -1%
NIPH
55
NN Investment Partners Holdings
Netherlands
$14.2M +$219K +6,493 +2%
Renaissance Technologies
56
Renaissance Technologies
New York
$14.1M +$3.13M +92,600 +27%
Geode Capital Management
57
Geode Capital Management
Massachusetts
$13.9M +$7.15M +211,754 +98%
AC
58
Addenda Capital
Quebec, Canada
$13.2M -$324K -9,595 -2%
NPPM
59
North Point Portfolio Managers
Ohio
$12.9M -$895K -26,496 -6%
PIC
60
PCJ Investment Counsel
Ontario, Canada
$12.8M +$1.85M +54,900 +16%
Allianz Asset Management
61
Allianz Asset Management
Germany
$12.4M +$402K +11,886 +3%
Two Sigma Investments
62
Two Sigma Investments
New York
$12.4M -$13.9M -412,285 -52%
Franklin Resources
63
Franklin Resources
California
$12.4M +$228K +6,740 +2%
SC
64
Scotia Capital
Ontario, Canada
$12.2M -$1.33M -39,289 -9%
AII
65
AGF Investments Inc
Ontario, Canada
$12M +$565K +16,735 +5%
N
66
Nuveen
North Carolina
$11.7M +$3.93M +116,226 +48%
Public Sector Pension Investment Board (PSP Investments)
67
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$11.7M +$2.55M +75,529 +27%
FWIA
68
Fort Washington Investment Advisors
Ohio
$11.5M – – –
Bank of New York Mellon
69
Bank of New York Mellon
New York
$11.5M +$51.5K +1,526 +0.4%
Millennium Management
70
Millennium Management
New York
$11.1M +$943K +27,919 +9%
UH
71
Unigestion Holding
Switzerland
$10.7M -$8.96M -265,300 -45%
Legal & General Group
72
Legal & General Group
United Kingdom
$10.6M +$371K +10,990 +4%
D.E. Shaw & Co
73
D.E. Shaw & Co
New York
$10.1M +$2.49M +73,785 +31%
Two Sigma Advisers
74
Two Sigma Advisers
New York
$9.36M -$2.32M -68,620 -19%
APG Asset Management
75
APG Asset Management
Netherlands
$9.01M +$3.96M +117,300 +59%
1 2
3
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OTEX Hedge Fund Activity: Q4 2018 in Review

266 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2018, worth a combined $6.28B — down 12% from $7.17B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new OTEX positions and 36 closed out — a net gain of 2 holders — while 98 added to existing stakes and 92 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $51.4M. The largest seller was Arrowstreet Capital, cutting an estimated $60.9M.

  • 266 institutional investors held Open Text (OTEX) as of Q4 2018, down from 267 in Q3 2018.
  • Funds reported $6.28B of Open Text stock for Q4 2018, down 12% quarter-over-quarter.
  • 38 funds opened new Open Text positions in Q4 2018 and 36 closed out, a net change of +2 holders.
  • The largest Open Text buyer in Q4 2018 was Mackenzie Financial, an estimated $51.4M added.
  • The largest Open Text seller in Q4 2018 was Arrowstreet Capital, an estimated $60.9M sold.

Based on aggregated 13F filings for Q4 2018.