Open Text
OTEX
276 hedge funds and large institutions have $9.42B invested in Open Text in 2021 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 113 increasing their positions, 92 reducing their positions, and 34 closing their positions.
1,163% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $2.11M
23% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 92
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
8% more capital invested
Capital invested by funds: $8.76B → $9.42B (+$658M)
0.75% more ownership
Funds ownership: 66.52% → 67.27% (+0.75%)
2% less funds holding
Funds holding: 283 → 276 (-7)
12% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$86.6M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$77.7M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$59.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.3M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$174M |
| 2 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$60.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$53.5M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$42.1M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$28.9M |
OTEX Hedge Fund Activity: Q2 2021 in Review
276 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q2 2021, worth a combined $9.42B — up 7.5% from $8.76B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of OTEX and 30 opened new positions — a net loss of 4 holders — while 92 trimmed existing stakes and 113 added.
The largest buyer was Bank of Montreal, adding an estimated $86.6M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $174M.
- 276 institutional investors held Open Text (OTEX) as of Q2 2021, down from 283 in Q1 2021.
- Funds reported $9.42B of Open Text stock for Q2 2021, up 7.5% quarter-over-quarter.
- 30 funds opened new Open Text positions in Q2 2021 and 34 closed out, a net change of -4 holders.
- The largest Open Text buyer in Q2 2021 was Bank of Montreal, an estimated $86.6M added.
- The largest Open Text seller in Q2 2021 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $174M sold.
Based on aggregated 13F filings for Q2 2021.