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Open Text
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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
PWPS
201
Pinnacle Wealth Planning Services
Ohio
$205K – – –
UM
202
UniSuper Management
Australia
$205K +$80.5K +2,000 +105%
LPL Financial
203
LPL Financial
California
$203K -$32.6K -810 -13%
CSS
204
Cubist Systematic Strategies
Connecticut
$178K -$1.1M -27,405 -86%
Point72 Asset Management
205
Point72 Asset Management
Connecticut
$171K -$153K -3,800 -46%
QT
206
Quantbot Technologies
New York
$170K -$487K -12,100 -73%
LSV Asset Management
207
LSV Asset Management
Illinois
$167K – – –
PNC Financial Services Group
208
PNC Financial Services Group
Pennsylvania
$153K -$30.6K -760 -16%
JWM
209
Janiczek Wealth Management
Colorado
$133K – – –
Bessemer Group
210
Bessemer Group
New Jersey
$96K – – –
RhumbLine Advisers
211
RhumbLine Advisers
Massachusetts
$79.6K -$1.01K -25 -1%
LSA
212
Leonteq Securities AG
Switzerland
$77.7K – – –
EWA
213
EverSource Wealth Advisors
Alabama
$77.5K +$362 +9 +0.4%
GIBU
214
Gulf International Bank (UK)
United Kingdom
$74K – – –
QCG
215
Quadrant Capital Group
Ohio
$72.1K -$45.2K -1,124 -38%
Allspring Global Investments
216
Allspring Global Investments
North Carolina
$64.2K -$5.42M -134,610 -99%
W
217
WealthCollab
Washington
$62.3K -$24.3K -603 -27%
GIS
218
Grayhawk Investment Strategies
Alberta, Canada
$52.9K – – –
AssetMark Inc
219
AssetMark Inc
California
$52.1K +$8.25K +205 +18%
TRCT
220
Tower Research Capital (TRC)
New York
$51.9K +$36.9K +916 +219%
IPW
221
Impact Partnership Wealth
Georgia
$40.5K – – –
PA
222
Parallel Advisors
California
$39.8K +$4.47K +111 +12%
CFM
223
Catalyst Funds Management
Australia
$38.8K +$40.2K +1,000 New
AF
224
Allworth Financial
California
$38K +$885 +22 +2%
FFA
225
Farther Finance Advisors
California
$37.8K +$1.13K +28 +3%
7 8
9
10 11

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.