Open Text
OTEX
289 hedge funds and large institutions have $4.26B invested in Open Text in 2026 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 126 increasing their positions, 83 reducing their positions, and 55 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 83
4.42% more ownership
Funds ownership: 73.25% → 77.67% (+4.4%)
4% less funds holding
Funds holding: 300 → 289 (-11)
15% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 55
29% less call options, than puts
Call options by funds: $5.01M | Put options by funds: $7.04M
29% less capital invested
Capital invested by funds: $6.01B → $4.26B (-$1.76B)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$131M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$94.7M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$78.7M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$54.8M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$32.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$107M |
| 2 |
CU
CDAM (UK)
London,
United Kingdom
|
-$65.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$59.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$55.9M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$39.2M |
OTEX Hedge Fund Activity: Q1 2026 in Review
289 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2026, worth a combined $4.26B — down 29% from $6.01B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of OTEX and 47 opened new positions — a net loss of 8 holders — while 83 trimmed existing stakes and 126 added.
The largest buyer was Fidelity International, adding an estimated $131M. The largest seller was First Trust Advisors, cutting an estimated $107M.
- 289 institutional investors held Open Text (OTEX) as of Q1 2026, down from 300 in Q4 2025.
- Funds reported $4.26B of Open Text stock for Q1 2026, down 29% quarter-over-quarter.
- 47 funds opened new Open Text positions in Q1 2026 and 55 closed out, a net change of -8 holders.
- The largest Open Text buyer in Q1 2026 was Fidelity International, an estimated $131M added.
- The largest Open Text seller in Q1 2026 was First Trust Advisors, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2026.