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Open Text
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280 hedge funds and large institutions have $6.13B invested in Open Text in 2024 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 100 increasing their positions, 86 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 26

63% more call options, than puts

Call options by funds: $17.1M | Put options by funds: $10.5M

16% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 86

15% more capital invested

Capital invested by funds: $5.35B → $6.13B (+$786M)

12% more funds holding

Funds holding: 250 → 280 (+30)

3.14% more ownership

Funds ownership: 65.18% → 68.32% (+3.1%)

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

Holders
280
Holders Change
+30
Holders Change %
+12%
% of All Funds
4.02%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.11%
New
57
Increased
100
Reduced
86
Closed
26
Calls
$17.1M
Puts
$10.5M
Net Calls
+$6.56M
Net Calls Change
-$3.72M

Top Buyers

1
VPI
Value Partners Investments
Manitoba, Canada
+$75.4M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$75M
3
BIP
Brandes Investment Partners
California
+$52M
4
JFL
Jarislowsky, Fraser Ltd
Quebec, Canada
+$27.9M
5
Millennium Management
Millennium Management
New York
+$24M

Top Sellers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$91.5M
2
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
-$26.9M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$25.8M
4
Morgan Stanley
Morgan Stanley
New York
-$15.8M
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$15.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
Citadel Advisors
76
Citadel Advisors
Florida
$5.93M +$5.21M +165,262 +1,280%
Wells Fargo
77
Wells Fargo
California
$5.9M +$2.96M +93,921 +113%
Korea Investment Corp
78
Korea Investment Corp
South Korea
$5.58M +$2.78M +88,226 +111%
AIMCA
79
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$5.56M -$2.61M -82,800 -33%
Man Group
80
Man Group
United Kingdom
$5.48M +$133K +4,222 +3%
TIM
81
Thornburg Investment Management
New Mexico
$5.12M +$811K +25,762 +20%
State of Tennessee, Department of Treasury
82
State of Tennessee, Department of Treasury
Tennessee
$5.12M +$175K +5,547 +4%
UBS Group
83
UBS Group
Switzerland
$5.11M +$579K +18,380 +14%
OCAM
84
Onex Canada Asset Management
Ontario, Canada
$4.97M -$822K -26,088 -15%
NEI
85
Northwest & Ethical Investments
Ontario, Canada
$4.93M +$287K +9,107 +7%
Citigroup
86
Citigroup
New York
$4.9M +$1.53M +48,496 +49%
Neuberger Berman Group
87
Neuberger Berman Group
New York
$4.62M +$524K +16,636 +14%
LSWM
88
Lorne Steinberg Wealth Management
Canada
$4.39M +$390K +12,370 +10%
Allspring Global Investments
89
Allspring Global Investments
North Carolina
$4.24M +$3.99M +126,770 +28,811%
Pictet Asset Management
90
Pictet Asset Management
Switzerland
$4.19M -$181K -5,741 -4%
Northern Trust
91
Northern Trust
Illinois
$3.83M +$302K +9,587 +9%
LI
92
Louisbourg Investments
New Brunswick, Canada
$3.76M -$1.43M -45,490 -29%
CSS
93
Cubist Systematic Strategies
Connecticut
$3.73M +$927K +29,443 +36%
HJIM
94
Henry James International Management
New York
$3.67M -$243K -7,708 -7%
MPM
95
Meritage Portfolio Management
Kansas
$3.61M -$128K -4,071 -4%
SLAM
96
Swiss Life Asset Management
$3.58M +$3.39M +107,518 New
MSV
97
MN Services Vermogensbeheer
Netherlands
$3.57M – – –
RA
98
Royce & Associates
New York
$3.52M -$2.87M -91,227 -46%
AIM
99
Achmea Investment Management
Netherlands
$3.26M +$2.72M +86,456 +754%
PP
100
PDT Partners
New York
$3.25M +$3.08M +97,714 New
2 3
4
5 6

OTEX Hedge Fund Activity: Q3 2024 in Review

280 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q3 2024, worth a combined $6.13B — up 15% from $5.35B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new OTEX positions and 26 closed out — a net gain of 31 holders — while 100 added to existing stakes and 86 trimmed.

The largest buyer was Value Partners Investments, adding an estimated $75.4M. The largest seller was Royal Bank of Canada, cutting an estimated $91.5M.

  • 280 institutional investors held Open Text (OTEX) as of Q3 2024, up from 250 in Q2 2024.
  • Funds reported $6.13B of Open Text stock for Q3 2024, up 15% quarter-over-quarter.
  • 57 funds opened new Open Text positions in Q3 2024 and 26 closed out, a net change of +31 holders.
  • The largest Open Text buyer in Q3 2024 was Value Partners Investments, an estimated $75.4M added.
  • The largest Open Text seller in Q3 2024 was Royal Bank of Canada, an estimated $91.5M sold.

Based on aggregated 13F filings for Q3 2024.