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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
Zurich Cantonal Bank
101
Zurich Cantonal Bank
Switzerland
$3.37M +$124K +3,728 +4%
TAM
102
Tealwood Asset Management
Minnesota
$3.32M -$169K -5,090 -5%
UBS Group
103
UBS Group
Switzerland
$3.29M -$1.43M -42,966 -31%
NIM
104
Nexus Investment Management
Ontario, Canada
$3.13M +$286K +8,590 +10%
GC
105
Grace Capital
Massachusetts
$3.11M +$29.9K +900 +1%
CS
106
Credential Securities
$3.05M -$150K -4,504 -5%
OSAM
107
O'Shaughnessy Asset Management
Connecticut
$2.9M
WBC
108
Westpac Banking Corp
Australia
$2.86M +$2.1M +63,262 New
GCP
109
GSA Capital Partners
United Kingdom
$2.86M +$2.18M +65,601 +355%
GIBU
110
Gulf International Bank (UK)
United Kingdom
$2.76M +$206K +6,200 +8%
VCM
111
Venator Capital Management
Ontario, Canada
$2.62M +$2.56M +77,100 New
Barclays
112
Barclays
United Kingdom
$2.48M +$84.3K +2,536 +4%
HSBC Holdings
113
HSBC Holdings
United Kingdom
$2.4M +$348K +10,470 +17%
RCAMU
114
Rothschild & Co Asset Management US
Connecticut
$2.17M +$9.91K +298 +0.6%
Dimensional Fund Advisors
115
Dimensional Fund Advisors
Texas
$2.15M -$319K -9,605 -13%
NIMI
116
Natixis Investment Managers International
France
$2.04M +$1.89M +56,764 +1,704%
CMBA
117
C.M. Bidwell & Associates
Hawaii
$2.03M +$1.98M +59,705 New
DZ Bank
118
DZ Bank
Germany
$1.93M +$337K +10,147 +22%
VSI
119
Verde Servicos Internacionais
Brazil
$1.93M -$161K -4,841 -8%
NFA
120
Nationwide Fund Advisors
Ohio
$1.75M -$1.59M -47,700 -48%
GS
121
GAM Systematic
United Kingdom
$1.62M -$474K -14,264 -23%
SAM
122
Shell Asset Management
Netherlands
$1.57M +$36.6K +1,100 +3%
EGA
123
Eagle Global Advisors
Texas
$1.46M
TA
124
Tiedemann Advisors
New York
$1.46M +$1.42M +42,781 New
Credit Agricole
125
Credit Agricole
France
$1.36M -$4.19M -126,102 -76%

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.