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Open Text
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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
TI
176
Tidal Investments
Wisconsin
$437K -$6.33K -201 -2%
MGP
177
Metis Global Partners
California
$435K -$39K -1,238 -9%
DS
178
DRW Securities
Illinois
$423K +$296K +9,400 New
Two Sigma Investments
179
Two Sigma Investments
New York
$416K -$268K -8,500 -40%
IMCOOI
180
Investment Management Corp of Ontario (IMCO)
Canada
$398K -$37.8K -1,200 -9%
JIC
181
Johnson Investment Counsel
Ohio
$383K – – –
VA
182
Vident Advisory
Georgia
$379K +$358K +11,381 New
SNT
183
SIG North Trading
Pennsylvania
$371K +$5.48K +174 +2%
BNP Paribas Financial Markets
184
BNP Paribas Financial Markets
France
$369K +$11.1K +351 +3%
DZ Bank
185
DZ Bank
Germany
$366K – – –
Pathstone Holdings
186
Pathstone Holdings
New Jersey
$344K +$24.3K +770 +8%
OC
187
Oppenheimer & Co
New York
$333K – – –
OAM
188
Oppenheimer Asset Management
New York
$332K +$314K +9,967 New
Twin Tree Management
189
Twin Tree Management
Texas
$330K +$312K +9,905 New
Point72 Asset Management
190
Point72 Asset Management
Connecticut
$324K +$307K +9,732 New
GS
191
GTS Securities
New York
$303K +$287K +9,102 New
MIFH
192
Migdal Insurance & Financial Holdings
Israel
$293K -$6.3K -200 -2%
FFA
193
Farther Finance Advisors
California
$290K +$117K +3,719 +75%
WAM
194
Wolverine Asset Management
Illinois
$285K – – –
CFO
195
Callan Family Office
Pennsylvania
$285K – – –
T
196
TOBAM
France
$283K -$1.07M -33,827 -84%
NS
197
NBC Securities
Alabama
$278K +$264K +8,381 New
Corient Private Wealth
198
Corient Private Wealth
Florida
$265K -$66.5K -2,112 -21%
Credit Agricole
199
Credit Agricole
France
$263K +$25.2K +800 +11%
HT
200
Headlands Technologies
Illinois
$260K +$246K +7,825 New
6 7
8
9 10

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.