Open Text
OTEX
283 hedge funds and large institutions have $8.76B invested in Open Text in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 105 increasing their positions, 93 reducing their positions, and 31 closing their positions.
172% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $4.02M
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
13% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 93
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
6% more capital invested
Capital invested by funds: $8.29B → $8.76B (+$466M)
1% more funds holding
Funds holding: 279 → 283 (+4)
0.07% more ownership
Funds ownership: 66.46% → 66.52% (+0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$230M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$119M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$65.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$52.6M |
| 5 |
BlackRock
New York
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$235M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$115M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$84.2M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$43.5M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$23.3M |
OTEX Hedge Fund Activity: Q1 2021 in Review
283 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2021, worth a combined $8.76B — up 5.6% from $8.29B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new OTEX positions and 31 closed out — a net gain of 7 holders — while 105 added to existing stakes and 93 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $230M. The largest seller was Canada Life, cutting an estimated $235M.
- 283 institutional investors held Open Text (OTEX) as of Q1 2021, up from 279 in Q4 2020.
- Funds reported $8.76B of Open Text stock for Q1 2021, up 5.6% quarter-over-quarter.
- 38 funds opened new Open Text positions in Q1 2021 and 31 closed out, a net change of +7 holders.
- The largest Open Text buyer in Q1 2021 was Mackenzie Financial, an estimated $230M added.
- The largest Open Text seller in Q1 2021 was Canada Life, an estimated $235M sold.
Based on aggregated 13F filings for Q1 2021.