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Open Text

277 hedge funds and large institutions have $6.46B invested in Open Text in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 96 increasing their positions, 102 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $5.78M

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

0.58% more ownership

Funds ownership: 67.26%67.84% (+0.58%)

6% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 102

4% less funds holding

Funds holding: 289277 (-12)

20% less capital invested

Capital invested by funds: $8.08B → $6.46B (-$1.61B)

20% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 40

Holders
277
Holders Change
-12
Holders Change %
-4.15%
% of All Funds
6.1%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.22%
New
32
Increased
96
Reduced
102
Closed
40
Calls
$10.5M
Puts
$5.78M
Net Calls
+$4.76M
Net Calls Change
-$1.81M
Name Holding Trade Value Shares
Change
Change in
Stake
PAMU
101
Pictet Asset Management (UK)
United Kingdom
$3.65M +$170K +4,000 +4%
NWM
102
Nicola Wealth Management
British Columbia, Canada
$3.64M +$3.14M +74,000 New
PM
103
Pembroke Management
Quebec, Canada
$3.52M -$54K -1,275 -2%
GC
104
Guggenheim Capital
Illinois
$3.45M -$471K -11,116 -10%
FIM
105
Freedom Investment Management
Connecticut
$3.25M +$596K +14,053 +25%
HSBC Holdings
106
HSBC Holdings
United Kingdom
$3.21M -$2.12M -50,055 -35%
NIM
107
Nexus Investment Management
Ontario, Canada
$3.14M
JAM
108
JCIC Asset Management
Ontario, Canada
$3.12M -$1.03M -24,252 -21%
RJFSA
109
Raymond James Financial Services Advisors
Florida
$3.11M +$593 +14 +0%
PIC
110
PCJ Investment Counsel
Ontario, Canada
$3.03M +$552K +13,015 +18%
Bessemer Group
111
Bessemer Group
New Jersey
$2.82M -$26.9M -634,595 -89%
Citadel Advisors
112
Citadel Advisors
Florida
$2.66M +$3M +70,859 +1,306%
Korea Investment Corp
113
Korea Investment Corp
South Korea
$2.54M +$2.66M +62,805 +582%
TAM
114
Tealwood Asset Management
Minnesota
$2.53M -$125K -2,941 -4%
AIM
115
Achmea Investment Management
Netherlands
$2.51M +$3.07M +72,526 New
CQS
116
Credential Qtrade Securities
$2.49M -$209K -4,932 -6%
AAM
117
Advisors Asset Management
Colorado
$2.45M -$268K -6,318 -8%
11A
118
10-15 Associates
New York
$2.38M +$92.6K +2,185 +3%
Citigroup
119
Citigroup
New York
$2.29M -$5.4M -127,501 -66%
Arrowstreet Capital
120
Arrowstreet Capital
Massachusetts
$2.29M +$2.48M +58,400 +859%
TWI
121
Thomas White International
Illinois
$2.27M -$101K -2,379 -4%
BA
122
Bridgewater Associates
Connecticut
$2.19M -$1.86K -44 -0.1%
FL
123
Fort LP
Maryland
$2.19M -$33.3K -786 -1%
SC
124
Saturna Capital
Washington
$2.13M
ZCM
125
Ziegler Capital Management
Illinois
$2M +$2.43M +57,274 New

OTEX Hedge Fund Activity: Q1 2020 in Review

277 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2020, worth a combined $6.46B — down 20% from $8.08B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of OTEX and 32 opened new positions — a net loss of 8 holders — while 102 trimmed existing stakes and 96 added.

The largest buyer was Fidelity Investments, adding an estimated $135M. The largest seller was Fidelity International, cutting an estimated $52.3M.

  • 277 institutional investors held Open Text (OTEX) as of Q1 2020, down from 289 in Q4 2019.
  • Funds reported $6.46B of Open Text stock for Q1 2020, down 20% quarter-over-quarter.
  • 32 funds opened new Open Text positions in Q1 2020 and 40 closed out, a net change of -8 holders.
  • The largest Open Text buyer in Q1 2020 was Fidelity Investments, an estimated $135M added.
  • The largest Open Text seller in Q1 2020 was Fidelity International, an estimated $52.3M sold.

Based on aggregated 13F filings for Q1 2020.