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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
DekaBank Deutsche Girozentrale
101
DekaBank Deutsche Girozentrale
Germany
$3.02M +$343K +10,895 +13%
BCIM
102
British Columbia Investment Management
British Columbia, Canada
$2.87M +$1.52M +48,111 +126%
D.E. Shaw & Co
103
D.E. Shaw & Co
New York
$2.86M -$15.4M -489,668 -85%
O
104
Ossiam
France
$2.69M +$1.22M +38,628 +92%
MSAM
105
Moloney Securities Asset Management
Missouri
$2.68M +$123K +3,910 +5%
UOTTAIMCU
106
University of Texas/Texas AM Investment Management Co (UTIMCO)
Texas
$2.53M +$2.4M +76,146 New
Envestnet Asset Management
107
Envestnet Asset Management
Illinois
$2.53M +$1.79M +56,675 +293%
AF
108
Aviso Financial
Ontario, Canada
$2.53M +$194K +6,174 +9%
AAF
109
Andra AP-fonden
Sweden
$2.48M +$53.5K +1,700 +3%
Stifel Financial
110
Stifel Financial
Missouri
$2.23M +$2.11M +67,058 New
Allianz Asset Management
111
Allianz Asset Management
Germany
$2.2M -$819K -25,990 -28%
CF
112
Canoe Financial
Alberta, Canada
$2.18M +$522K +16,585 +34%
Zurich Cantonal Bank
113
Zurich Cantonal Bank
Switzerland
$2.16M +$480K +15,244 +31%
NIM
114
Nexus Investment Management
Ontario, Canada
$2.1M – – –
American Century Companies
115
American Century Companies
Missouri
$1.97M -$1.06M -33,798 -36%
ECM
116
ExodusPoint Capital Management
New York
$1.96M +$1.85M +58,848 New
MFG
117
MidWestOne Financial Group
Iowa
$1.87M +$8.03K +255 +0.5%
Vontobel Holding
118
Vontobel Holding
Switzerland
$1.86M -$69.3K -2,200 -4%
JSSH
119
J. Safra Sarasin Holding
$1.83M -$54K -1,715 -3%
IIM
120
INTECH Investment Management
Florida
$1.8M -$322K -10,238 -16%
UIM
121
USS Investment Management
United Kingdom
$1.73M – – –
CP
122
CenterBook Partners
Connecticut
$1.71M +$1.62M +51,400 New
N
123
Numerai
California
$1.71M -$1.79M -56,693 -52%
GAM
124
Gotham Asset Management
New York
$1.69M +$23.8K +757 +2%
Ameriprise
125
Ameriprise
Minnesota
$1.65M -$33.7K -1,070 -3%
3 4
5
6 7

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.