We are live on ! Find out more
OTEX icon

Open Text
OTEX

275 hedge funds and large institutions have $6.99B invested in Open Text in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 101 increasing their positions, 97 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $5.53M

4% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 97

0.04% less ownership

Funds ownership: 66.16% → 66.11% (-0.04%)

1% less funds holding

Funds holding: 277 → 275 (-2)

5% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 38

8% less capital invested

Capital invested by funds: $7.58B → $6.99B (-$592M)

27% less funds holding in top 10

Funds holding in top 10: 11 → 8 (-3)

Holders
275
Holders Change
-2
Holders Change %
-0.72%
% of All Funds
3.96%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.12%
New
36
Increased
101
Reduced
97
Closed
38
Calls
$14.7M
Puts
$5.53M
Net Calls
+$9.15M
Net Calls Change
+$15M

Top Buyers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$157M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$105M
3
First Trust Advisors
First Trust Advisors
Illinois
+$52.1M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$33.8M
5
GCC
Guardian Capital (Canada)
Ontario, Canada
+$22.9M

Top Sellers

1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$69.4M
2
CB
Cooke & Bieler
Pennsylvania
-$51.9M
3
Amundi
Amundi
France
-$47.8M
4
Fidelity International
Fidelity International
Bermuda
-$44M
5
Harris Associates
Harris Associates
Illinois
-$42.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
AIM
176
Aigen Investment Management
New York
$431K +$70.5K +1,753 +19%
AC
177
AXQ Capital
New Jersey
$431K +$447K +11,100 New
ERSOT
178
Employees Retirement System of Texas
Texas
$425K – – –
HBCM
179
Heron Bay Capital Management
Michigan
$416K – – –
MC
180
Merlin Capital
Rhode Island
$397K +$13K +324 +3%
OC
181
Oppenheimer & Co
New York
$388K – – –
Two Sigma Investments
182
Two Sigma Investments
New York
$342K -$5.79M -143,977 -94%
BNP Paribas Financial Markets
183
BNP Paribas Financial Markets
France
$335K -$131K -3,261 -27%
WAM
184
Wolverine Asset Management
Illinois
$333K -$84.5K -2,100 -20%
DTL
185
Dynamic Technology Lab
Singapore
$330K +$342K +8,495 New
William Blair & Company
186
William Blair & Company
Illinois
$320K +$10.7K +266 +3%
CIC
187
Chase Investment Counsel
Virginia
$319K +$21.2K +528 +7%
FAFN
188
First Affirmative Financial Network
Colorado
$318K +$6.2K +154 +2%
PTC
189
Petrus Trust Company
Texas
$290K -$10.4K -259 -3%
ALAM
190
Asahi Life Asset Management
Japan
$286K +$296K +7,360 New
S
191
SimplyRich
California
$284K -$3.94K -98 -1%
GCM
192
Genus Capital Management
British Columbia, Canada
$260K +$269K +6,690 New
T
193
TOBAM
France
$251K +$132K +3,274 +102%
EL
194
Essex LLC
Illinois
$250K +$259K +6,440 New
Citadel Advisors
195
Citadel Advisors
Florida
$237K -$1.52M -37,724 -86%
DZ Bank
196
DZ Bank
Germany
$233K – – –
CAM
197
Cresset Asset Management
Illinois
$229K +$20.2K +503 +9%
Lazard Asset Management
198
Lazard Asset Management
New York
$220K -$6.68K -166 -3%
SC
199
Syon Capital
California
$220K -$238K -5,925 -51%
Wolverine Trading
200
Wolverine Trading
Illinois
$215K +$8.01K +199 +4%
6 7
8
9 10

OTEX Hedge Fund Activity: Q1 2024 in Review

275 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2024, worth a combined $6.99B — down 7.8% from $7.58B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of OTEX and 36 opened new positions — a net loss of 2 holders — while 97 trimmed existing stakes and 101 added.

The largest buyer was Royal Bank of Canada, adding an estimated $157M. The largest seller was Arrowstreet Capital, cutting an estimated $69.4M.

  • 275 institutional investors held Open Text (OTEX) as of Q1 2024, down from 277 in Q4 2023.
  • Funds reported $6.99B of Open Text stock for Q1 2024, down 7.8% quarter-over-quarter.
  • 36 funds opened new Open Text positions in Q1 2024 and 38 closed out, a net change of -2 holders.
  • The largest Open Text buyer in Q1 2024 was Royal Bank of Canada, an estimated $157M added.
  • The largest Open Text seller in Q1 2024 was Arrowstreet Capital, an estimated $69.4M sold.

Based on aggregated 13F filings for Q1 2024.