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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
FMT
151
First Mercantile Trust
Tennessee
$529K -$22.8K -685 -4%
CSS
152
Cubist Systematic Strategies
Connecticut
$524K -$291K -8,747 -36%
WAM
153
World Asset Management
Michigan
$523K +$18.3K +550 +4%
Comerica Bank
154
Comerica Bank
Texas
$496K +$9.74K +293 +2%
CG
155
Clinton Group
New York
$484K +$473K +14,237 New
FRM
156
Fox Run Management
Connecticut
$466K +$455K +13,700 New
QC
157
Quadrature Capital
United Kingdom
$447K +$438K +13,184 New
MF
158
Magnetar Financial
Illinois
$432K +$422K +12,705 New
QT
159
Quantbot Technologies
New York
$412K +$207K +6,224 +106%
Envestnet Asset Management
160
Envestnet Asset Management
Illinois
$407K -$678K -20,394 -63%
DTL
161
Dynamic Technology Lab
Singapore
$390K +$381K +11,462 New
AAM
162
Advisors Asset Management
Colorado
$371K -$668K -20,101 -65%
AllianceBernstein
163
AllianceBernstein
Tennessee
$361K +$6.65K +200 +2%
State Board of Administration of Florida Retirement System
164
State Board of Administration of Florida Retirement System
Florida
$348K +$39.9K +1,200 +13%
BC
165
Brinker Capital
Pennsylvania
$345K +$337K +10,142 New
GW
166
GW & Wade
Massachusetts
$344K +$336K +10,105 New
HI
167
HBK Investments
Texas
$337K +$329K +9,900 New
PP
168
PDT Partners
New York
$315K -$1.47M -44,219 -83%
William Blair & Company
169
William Blair & Company
Illinois
$301K
Cambridge Investment Research Advisors
170
Cambridge Investment Research Advisors
Iowa
$301K +$2.96K +89 +1%
OAM
171
Oppenheimer Asset Management
New York
$301K +$294K +8,852 New
Nomura Asset Management
172
Nomura Asset Management
Japan
$298K +$286K +8,600 +4,300%
HCM
173
Highbridge Capital Management
New York
$295K +$290K +8,716 New
UFF
174
USA Financial Formulas
Michigan
$289K -$263K -7,921 -48%
WVP
175
Worth Venture Partners
New Jersey
$284K -$94.7K -2,850 -25%

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.