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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
AG
176
Advisor Group
Arizona
$275K +$11.3K +340 +4%
ECM
177
ETrade Capital Management
Virginia
$272K +$266K +7,987 New
Assenagon Asset Management
178
Assenagon Asset Management
Luxembourg
$272K +$266K +8,013 New
ST
179
Spot Trading
Illinois
$266K +$260K +7,835 New
US Bancorp
180
US Bancorp
Minnesota
$262K +$5.05K +152 +2%
GCAC
181
Guardian Capital Advisors (Canada)
Ontario, Canada
$261K
FIM
182
Freedom Investment Management
Connecticut
$259K +$254K +7,629 New
KI
183
Koch Industries
Kansas
$246K -$133K -4,005 -36%
Simplex Trading
184
Simplex Trading
Illinois
$238K +$233K +7,007 New
PAM
185
Princeton Alpha Management
New Jersey
$236K +$230K +6,929 New
Mitsubishi UFJ Trust & Banking
186
Mitsubishi UFJ Trust & Banking
Japan
$235K +$229K +6,900 New
SGAM
187
Smith Group Asset Management
Texas
$230K -$3.32K -100 -1%
FCM
188
Flinton Capital Management
Pennsylvania
$223K -$1.13K -34 -0.5%
Janney Montgomery Scott
189
Janney Montgomery Scott
Pennsylvania
$222K -$271K -8,145 -55%
ARTA
190
A.R.T. Advisors
New York
$221K -$356K -10,700 -62%
RCM
191
Riverhead Capital Management
Delaware
$221K +$3.32K +100 +2%
OMCS
192
Old Mutual Customised Solutions
South Africa
$210K
CA
193
Commerzbank Aktiengesellschaft
Germany
$208K -$250K -7,512 -55%
AIG
194
American International Group
New York
$207K
WF
195
Welch & Forbes
Massachusetts
$207K +$203K +6,098 New
T. Rowe Price Associates
196
T. Rowe Price Associates
Maryland
$206K -$43.2K -1,300 -18%
BONST
197
Bank of Nova Scotia Trust
Ontario, Canada
$206K +$201K +6,046 New
GC
198
Guggenheim Capital
Illinois
$203K +$199K +5,971 New
TAM
199
Tyers Asset Management
Texas
$184K -$931 -28 -0.5%
Wells Fargo
200
Wells Fargo
California
$163K -$6.71K -202 -4%

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.