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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
DMIC
76
Dixon Mitchell Investment Counsel
British Columbia, Canada
$8.21M -$116K -3,503 -1%
Legal & General Group
77
Legal & General Group
United Kingdom
$8.12M +$398K +11,975 +5%
Renaissance Technologies
78
Renaissance Technologies
New York
$8.1M -$9.92M -298,300 -56%
JP Morgan Chase
79
JP Morgan Chase
New York
$8.08M +$810K +24,370 +11%
Axa
80
Axa
France
$7.99M +$6.04M +181,600 +340%
Stifel Financial
81
Stifel Financial
Missouri
$7.85M +$4.35M +130,735 +131%
EAM
82
EULAV Asset Management
Florida
$7.41M
BC
83
Burney Company
Virginia
$7.29M +$268K +8,072 +4%
GAM
84
Gotham Asset Management
New York
$6.94M +$563K +16,941 +9%
LCM
85
Legato Capital Management
California
$6.92M
Skandinaviska Enskilda Banken (SEB)
86
Skandinaviska Enskilda Banken (SEB)
Sweden
$6.7M -$3.07M -92,200 -32%
State of Wisconsin Investment Board
87
State of Wisconsin Investment Board
Wisconsin
$6.44M -$416K -12,500 -6%
DekaBank Deutsche Girozentrale
88
DekaBank Deutsche Girozentrale
Germany
$5.69M +$440K +13,230 +9%
ACI
89
AMP Capital Investors
Australia
$5.45M -$440K -13,246 -8%
Bank of Nova Scotia
90
Bank of Nova Scotia
Ontario, Canada
$5.27M +$1.34M +40,282 +35%
MWNA
91
Marshall Wace North America
New York
$5.15M +$5.04M +151,512 New
PPA
92
Parametric Portfolio Associates
Washington
$4.41M -$16.3M -490,327 -79%
LS
93
Livforsakringsbolaget Skandia
Sweden
$4.26M
HAM
94
Highstreet Asset Management
Ontario, Canada
$4.25M +$484K +14,571 +13%
Citadel Advisors
95
Citadel Advisors
Florida
$4.17M -$22.3M -669,398 -85%
DWM
96
Dorchester Wealth Management
Quebec, Canada
$4.11M -$28.9K -870 -0.7%
Two Sigma Advisers
97
Two Sigma Advisers
New York
$3.74M +$1.86M +56,001 +104%
QIM
98
Quantitative Investment Management
Virginia
$3.61M +$1.4M +42,000 +65%
Northern Trust
99
Northern Trust
Illinois
$3.47M +$3.39M +102,094 New
AB
100
AT Bancorp
Iowa
$3.38M -$724K -21,782 -18%

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.