Open Text
OTEX
240 hedge funds and large institutions have $6.26B invested in Open Text in 2017 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 82 increasing their positions, 85 reducing their positions, and 26 closing their positions.
77% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 26
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
14% more capital invested
Capital invested by funds: $5.5B → $6.26B (+$754M)
7% more funds holding
Funds holding: 224 → 240 (+16)
4% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 85
37% less call options, than puts
Call options by funds: $8.18M | Put options by funds: $12.9M
67.79% less ownership
Funds ownership: 137.15% → 69.36% (-68%)
Top Buyers
Top Sellers
OTEX Hedge Fund Activity: Q1 2017 in Review
240 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2017, worth a combined $6.26B — up 14% from $5.5B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new OTEX positions and 26 closed out — a net gain of 20 holders — while 82 added to existing stakes and 85 trimmed.
The largest buyer was Blue Harbour Group, opening a new position worth an estimated $100M. The largest seller was Snow Capital Management, cutting an estimated $33.7M.
- 240 institutional investors held Open Text (OTEX) as of Q1 2017, up from 224 in Q4 2016.
- Funds reported $6.26B of Open Text stock for Q1 2017, up 14% quarter-over-quarter.
- 46 funds opened new Open Text positions in Q1 2017 and 26 closed out, a net change of +20 holders.
- The largest Open Text buyer in Q1 2017 was Blue Harbour Group, an estimated $100M added.
- The largest Open Text seller in Q1 2017 was Snow Capital Management, an estimated $33.7M sold.
Based on aggregated 13F filings for Q1 2017.