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Open Text
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277 hedge funds and large institutions have $7.58B invested in Open Text in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 96 increasing their positions, 91 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 29

57% more funds holding in top 10

Funds holding in top 10: 7 → 11 (+4)

20% more capital invested

Capital invested by funds: $6.34B → $7.58B (+$1.24B)

7% more funds holding

Funds holding: 259 → 277 (+18)

5% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 91

0.34% more ownership

Funds ownership: 65.82% → 66.16% (+0.34%)

38% less call options, than puts

Call options by funds: $9.57M | Put options by funds: $15.4M

Holders
277
Holders Change
+18
Holders Change %
+6.95%
% of All Funds
4.04%
Holding in Top 10
11
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+57.14%
% of All Funds
0.16%
New
48
Increased
96
Reduced
91
Closed
29
Calls
$9.57M
Puts
$15.4M
Net Calls
-$5.8M
Net Calls Change
-$5.21M

Top Buyers

1
ClearBridge Investments
ClearBridge Investments
New York
+$105M
2
Fidelity International
Fidelity International
Bermuda
+$69.6M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$38.3M
4
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$29.5M
5
BGC
Beutel, Goodman & Co
Ontario, Canada
+$29.4M

Top Sellers

1
Franklin Resources
Franklin Resources
California
-$99.7M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$24.5M
3
Invesco
Invesco
Georgia
-$22.6M
4
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
-$20.7M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$19.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
State of Tennessee, Department of Treasury
76
State of Tennessee, Department of Treasury
Tennessee
$6.54M -$8.35M -222,534 -59%
Two Sigma Investments
77
Two Sigma Investments
New York
$6.42M +$4.34M +115,677 +312%
AR
78
Advisory Research
Illinois
$6.25M +$387K +10,303 +7%
KM
79
Kabouter Management
Illinois
$6.13M -$11.6M -308,333 -68%
Neuberger Berman Group
80
Neuberger Berman Group
New York
$6.08M +$2.69M +71,748 +99%
Jane Street
81
Jane Street
New York
$5.96M +$4.32M +115,177 +432%
UBS Group
82
UBS Group
Switzerland
$5.87M +$1.09M +29,140 +26%
Allspring Global Investments
83
Allspring Global Investments
North Carolina
$5.73M +$662K +17,645 +15%
Pictet Asset Management
84
Pictet Asset Management
Switzerland
$5.59M +$136K +3,615 +3%
JAM
85
Jupiter Asset Management
United Kingdom
$5.47M -$7.61M -202,828 -61%
Northern Trust
86
Northern Trust
Illinois
$5.24M +$1.17M +31,041 +33%
MSV
87
MN Services Vermogensbeheer
Netherlands
$5.24M -$180K -4,800 -4%
LSWM
88
Lorne Steinberg Wealth Management
Canada
$4.95M +$592K +15,775 +15%
DekaBank Deutsche Girozentrale
89
DekaBank Deutsche Girozentrale
Germany
$4.67M +$473K +12,609 +13%
Wellington Management Group
90
Wellington Management Group
Massachusetts
$4.66M -$1.07M -28,418 -20%
LI
91
Louisbourg Investments
New Brunswick, Canada
$4.62M +$4.11M +109,409 New
SLAM
92
Swiss Life Asset Management
$4.57M -$147K -3,925 -4%
Barclays
93
Barclays
United Kingdom
$4.48M +$388K +10,347 +11%
American Century Companies
94
American Century Companies
Missouri
$4.36M +$657K +17,501 +20%
HJIM
95
Henry James International Management
New York
$4.34M – – –
Korea Investment Corp
96
Korea Investment Corp
South Korea
$3.94M +$167K +4,456 +5%
NAM
97
NorthCrest Asset Manangement
Minnesota
$3.88M -$67.7K -1,803 -2%
MSAM
98
Moloney Securities Asset Management
Missouri
$3.66M -$319K -8,495 -9%
Renaissance Technologies
99
Renaissance Technologies
New York
$3.17M +$1.15M +30,700 +69%
NA
100
Nordwand Advisors
Pennsylvania
$2.98M – – –
2 3
4
5 6

OTEX Hedge Fund Activity: Q4 2023 in Review

277 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2023, worth a combined $7.58B — up 20% from $6.34B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new OTEX positions and 29 closed out — a net gain of 19 holders — while 96 added to existing stakes and 91 trimmed.

The largest buyer was ClearBridge Investments, opening a new position worth an estimated $105M. The largest seller was Franklin Resources, cutting an estimated $99.7M.

  • 277 institutional investors held Open Text (OTEX) as of Q4 2023, up from 259 in Q3 2023.
  • Funds reported $7.58B of Open Text stock for Q4 2023, up 20% quarter-over-quarter.
  • 48 funds opened new Open Text positions in Q4 2023 and 29 closed out, a net change of +19 holders.
  • The largest Open Text buyer in Q4 2023 was ClearBridge Investments, an estimated $105M added.
  • The largest Open Text seller in Q4 2023 was Franklin Resources, an estimated $99.7M sold.

Based on aggregated 13F filings for Q4 2023.