We are live on ! Find out more
OTEX icon

Open Text
OTEX

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
AA
151
ALPS Advisors
Colorado
$924K +$875K +27,770 New
IAS
152
IMA Advisory Services
Colorado
$906K +$857K +27,214 New
Lazard Asset Management
153
Lazard Asset Management
New York
$885K +$424K +13,452 +102%
DCM
154
DGS Capital Management
New Jersey
$864K -$38.8K -1,231 -5%
Acadian Asset Management
155
Acadian Asset Management
Massachusetts
$857K +$809K +25,682 +21,764%
BCM
156
Bayesian Capital Management
New York
$822K +$778K +24,700 New
NA
157
NewEdge Advisors
Louisiana
$817K +$768K +24,394 +15,840%
CAPTRUST Financial Advisors
158
CAPTRUST Financial Advisors
North Carolina
$763K -$607K -19,259 -46%
NRD
159
Nebula Research & Development
New York
$758K +$718K +22,785 New
JWS
160
Juncture Wealth Strategies
Arizona
$728K +$689K +21,883 New
VPIM
161
Vanguard Personalized Indexing Management
California
$709K +$122K +3,878 +22%
VanEck Associates
162
VanEck Associates
New York
$705K +$37.1K +1,178 +6%
SIA
163
Schechter Investment Advisors
Michigan
$705K +$667K +21,175 New
Axa
164
Axa
France
$684K +$648K +20,559 New
LWAM
165
Legacy Wealth Asset Management
Minnesota
$651K +$617K +19,574 New
UM
166
UniSuper Management
Australia
$650K +$301K +9,548 +195%
Assenagon Asset Management
167
Assenagon Asset Management
Luxembourg
$629K +$10.1K +322 +2%
LPL Financial
168
LPL Financial
California
$567K -$383K -12,169 -42%
S
169
SignatureFD
Georgia
$554K – – –
Barclays
170
Barclays
United Kingdom
$535K +$3.31K +105 +0.7%
RFC
171
Regions Financial Corp
Alabama
$501K – – –
WSFS
172
Wilmington Savings Fund Society
Delaware
$499K +$472K +14,983 New
RJA
173
Raymond James & Associates
Florida
$471K +$446K +14,151 New
HBCM
174
Heron Bay Capital Management
Michigan
$456K +$45.9K +1,457 +12%
MGP
175
M&G plc
United Kingdom
$448K – – –
5 6
7
8 9

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.