Open Text
OTEX
267 hedge funds and large institutions have $7.17B invested in Open Text in 2018 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 103 increasing their positions, 86 reducing their positions, and 29 closing their positions.
289% more call options, than puts
Call options by funds: $6.2M | Put options by funds: $1.59M
41% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 29
20% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 86
6% more capital invested
Capital invested by funds: $6.73B → $7.17B (+$434M)
3% more funds holding
Funds holding: 258 → 267 (+9)
0.6% less ownership
Funds ownership: 70.77% → 70.17% (-0.6%)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$67.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$43.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.1M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$29.1M |
| 5 |
Morgan Stanley
New York
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$80.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$47.6M |
| 3 |
RCM
Roystone Capital Management
New York
|
-$39.8M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$30.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$27.8M |
OTEX Hedge Fund Activity: Q3 2018 in Review
267 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q3 2018, worth a combined $7.17B — up 6.5% from $6.73B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new OTEX positions and 29 closed out — a net gain of 12 holders — while 103 added to existing stakes and 86 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $67.8M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $80.2M.
- 267 institutional investors held Open Text (OTEX) as of Q3 2018, up from 258 in Q2 2018.
- Funds reported $7.17B of Open Text stock for Q3 2018, up 6.5% quarter-over-quarter.
- 41 funds opened new Open Text positions in Q3 2018 and 29 closed out, a net change of +12 holders.
- The largest Open Text buyer in Q3 2018 was Arrowstreet Capital, an estimated $67.8M added.
- The largest Open Text seller in Q3 2018 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $80.2M sold.
Based on aggregated 13F filings for Q3 2018.