Open Text
OTEX
212 hedge funds and large institutions have $5.11B invested in Open Text in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 69 reducing their positions, and 20 closing their positions.
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
23% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 69
14% more capital invested
Capital invested by funds: $4.47B → $5.11B (+$641M)
5% more funds holding
Funds holding: 202 → 212 (+10)
28% less call options, than puts
Call options by funds: $15.7M | Put options by funds: $21.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$36.9M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$31.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$28.5M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$21.4M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$42.3M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$40.7M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$34M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$25.9M |
OTEX Hedge Fund Activity: Q2 2016 in Review
212 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q2 2016, worth a combined $5.11B — up 14% from $4.47B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new OTEX positions and 20 closed out — a net gain of 13 holders — while 85 added to existing stakes and 69 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $36.9M. The largest seller was 1832 Asset Management, cutting an estimated $42.3M.
- 212 institutional investors held Open Text (OTEX) as of Q2 2016, up from 202 in Q1 2016.
- Funds reported $5.11B of Open Text stock for Q2 2016, up 14% quarter-over-quarter.
- 33 funds opened new Open Text positions in Q2 2016 and 20 closed out, a net change of +13 holders.
- The largest Open Text buyer in Q2 2016 was Royal Bank of Canada, an estimated $36.9M added.
- The largest Open Text seller in Q2 2016 was 1832 Asset Management, an estimated $42.3M sold.
Based on aggregated 13F filings for Q2 2016.