Open Text
OTEX
197 hedge funds and large institutions have $3.65B invested in Open Text in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 75 increasing their positions, 76 reducing their positions, and 54 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 76
12% less call options, than puts
Call options by funds: $22.3M | Put options by funds: $25.3M
15% less funds holding
Funds holding: 233 → 197 (-36)
20% less capital invested
Capital invested by funds: $4.54B → $3.65B (-$893M)
63% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$132M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$101M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$80.5M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$56.8M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$68M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$62M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$37.4M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$23.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.8M |
OTEX Hedge Fund Activity: Q2 2015 in Review
197 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q2 2015, worth a combined $3.65B — down 20% from $4.54B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of OTEX and 20 opened new positions — a net loss of 34 holders — while 76 trimmed existing stakes and 75 added.
The largest buyer was Franklin Resources, adding an estimated $132M. The largest seller was Greystone Managed Investments, cutting an estimated $68M.
- 197 institutional investors held Open Text (OTEX) as of Q2 2015, down from 233 in Q1 2015.
- Funds reported $3.65B of Open Text stock for Q2 2015, down 20% quarter-over-quarter.
- 20 funds opened new Open Text positions in Q2 2015 and 54 closed out, a net change of -34 holders.
- The largest Open Text buyer in Q2 2015 was Franklin Resources, an estimated $132M added.
- The largest Open Text seller in Q2 2015 was Greystone Managed Investments, an estimated $68M sold.
Based on aggregated 13F filings for Q2 2015.