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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
RJFSA
126
Raymond James Financial Services Advisors
Florida
$1.24M +$1.21M +36,408 New
QI
127
QS Investors
New York
$1.17M +$6.65K +200 +0.6%
RJA
128
Raymond James & Associates
Florida
$1.15M -$936K -28,161 -45%
BNP Paribas Asset Management
129
BNP Paribas Asset Management
France
$1.11M +$309K +9,301 +40%
PP
130
Paloma Partners
Connecticut
$1.09M +$1.07M +32,144 New
PG
131
PEAK6 Group
Illinois
$1.07M -$138K -4,146 -12%
BCIM
132
British Columbia Investment Management
British Columbia, Canada
$1.02M +$93.1K +2,800 +8%
Federated Hermes
133
Federated Hermes
Pennsylvania
$1.02M +$997K +30,000 New
Citigroup
134
Citigroup
New York
$964K -$2.3M -69,234 -71%
AP
135
AHL Partners
United Kingdom
$962K -$593K -17,837 -39%
OTPPB
136
Ontario Teachers' Pension Plan Board
Ontario, Canada
$961K +$279K +8,391 +42%
APP
137
Avantax Planning Partners
Iowa
$959K -$7.71K -232 -0.8%
Korea Investment Corp
138
Korea Investment Corp
South Korea
$949K -$266K -8,007 -22%
SW
139
SVB Wealth
Massachusetts
$826K +$39.9K +1,201 +5%
IA
140
Icon Advisers
Colorado
$823K +$805K +24,200 New
TI
141
Trexquant Investment
Connecticut
$803K +$785K +23,600 New
N
142
Nuveen
North Carolina
$772K
BNP Paribas Financial Markets
143
BNP Paribas Financial Markets
France
$696K -$642K -19,325 -53%
Ameriprise
144
Ameriprise
Minnesota
$675K -$3.4M -102,171 -84%
Millennium Management
145
Millennium Management
New York
$607K +$285K +8,560 +92%
DL
146
Delta Lloyd
Netherlands
$602K
State Street
147
State Street
Massachusetts
$590K +$37.9K +1,139 +7%
RFC
148
Regions Financial Corp
Alabama
$551K +$46.2K +1,391 +9%
LTFS
149
Ladenburg Thalmann Financial Services
Florida
$544K +$70.5K +2,120 +15%
Wolverine Trading
150
Wolverine Trading
Illinois
$533K +$520K +15,643 New

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.