Open Text
OTEX
293 hedge funds and large institutions have $9.03B invested in Open Text in 2021 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 92 increasing their positions, 107 reducing their positions, and 17 closing their positions.
160% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $9.39M
124% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 17
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
6% more funds holding
Funds holding: 276 → 293 (+17)
0.02% less ownership
Funds ownership: 67.27% → 67.25% (-0.02%)
4% less capital invested
Capital invested by funds: $9.42B → $9.03B (-$383M)
14% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$44.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$37.5M |
| 4 |
Renaissance Technologies
New York
|
+$25.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$147M |
| 2 |
BlackRock
New York
|
-$101M |
| 3 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
-$34.9M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$24.1M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$17.8M |
OTEX Hedge Fund Activity: Q3 2021 in Review
293 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q3 2021, worth a combined $9.03B — down 4.1% from $9.42B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new OTEX positions and 17 closed out — a net gain of 21 holders — while 92 added to existing stakes and 107 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $48.9M. The largest seller was Harris Associates, cutting an estimated $147M.
- 293 institutional investors held Open Text (OTEX) as of Q3 2021, up from 276 in Q2 2021.
- Funds reported $9.03B of Open Text stock for Q3 2021, down 4.1% quarter-over-quarter.
- 38 funds opened new Open Text positions in Q3 2021 and 17 closed out, a net change of +21 holders.
- The largest Open Text buyer in Q3 2021 was Fidelity Investments, an estimated $48.9M added.
- The largest Open Text seller in Q3 2021 was Harris Associates, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2021.