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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
PI
201
PEAK6 Investments
Illinois
$257K +$243K +7,719 New
APG Asset Management
202
APG Asset Management
Netherlands
$255K -$9.05M -287,431 -97%
BPA
203
Beacon Pointe Advisors
California
$244K +$231K +7,336 New
HWM
204
HB Wealth Management
Georgia
$227K +$215K +6,814 New
NWAG
205
Net Worth Advisory Group
Utah
$226K +$214K +6,794 New
Massachusetts Financial Services
206
Massachusetts Financial Services
Massachusetts
$222K -$5.32K -169 -2%
EL
207
Essex LLC
Illinois
$210K +$199K +6,310 New
S
208
SimplyRich
California
$209K -$28.7K -911 -13%
LNWWM
209
Laird Norton Wetherby Wealth Management
California
$209K +$198K +6,273 New
Osaic Holdings
210
Osaic Holdings
Arizona
$176K -$39.3K -1,247 -19%
LSV Asset Management
211
LSV Asset Management
Illinois
$143K – – –
Walleye Trading
212
Walleye Trading
New York
$93.1K +$88.1K +2,796 New
Bessemer Group
213
Bessemer Group
New Jersey
$82K – – –
C
214
Covestor
United Kingdom
$82K – – –
Mitsubishi UFJ Asset Management
215
Mitsubishi UFJ Asset Management
Japan
$76K +$71.9K +2,284 New
AF
216
Allworth Financial
California
$70.7K +$2.65K +84 +4%
PNC Financial Services Group
217
PNC Financial Services Group
Pennsylvania
$69.5K -$22.4K -711 -25%
AAM
218
Advisors Asset Management
Colorado
$66K -$237K -7,522 -79%
QCG
219
Quadrant Capital Group
Ohio
$58.8K -$1.57K -50 -3%
AA
220
Alta Advisers
United Kingdom
$56.3K +$53.2K +1,688 New
CH
221
Cromwell Holdings
Wyoming
$55.3K +$12K +380 +30%
TRCT
222
Tower Research Capital (TRC)
New York
$49.5K -$139K -4,407 -75%
Northwestern Mutual Wealth Management
223
Northwestern Mutual Wealth Management
Wisconsin
$49.4K +$28.5K +904 +156%
W
224
WealthCollab
Washington
$44.6K +$1.32K +42 +3%
RhumbLine Advisers
225
RhumbLine Advisers
Massachusetts
$42.9K – – –
7 8
9
10 11

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.