Open Text
OTEX
293 hedge funds and large institutions have $8.59B invested in Open Text in 2021 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 106 increasing their positions, 106 reducing their positions, and 28 closing their positions.
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
0% more funds holding
Funds holding: 293 → 293 (0)
0% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 106
5% less capital invested
Capital invested by funds: $9.03B → $8.59B (-$443M)
1.29% less ownership
Funds ownership: 67.25% → 65.95% (-1.3%)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
59% less call options, than puts
Call options by funds: $4.81M | Put options by funds: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$122M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$80M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$67.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$29.1M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$217M |
| 2 |
BlackRock
New York
|
-$172M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$88.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$47.2M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$26.7M |
OTEX Hedge Fund Activity: Q4 2021 in Review
293 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2021, worth a combined $8.59B — down 4.9% from $9.03B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new OTEX positions and 28 closed out — a net gain of 6 holders — while 106 added to existing stakes and 106 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $122M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $217M.
- 293 institutional investors held Open Text (OTEX) as of Q4 2021, unchanged from Q3 2021.
- Funds reported $8.59B of Open Text stock for Q4 2021, down 4.9% quarter-over-quarter.
- 34 funds opened new Open Text positions in Q4 2021 and 28 closed out, a net change of +6 holders.
- The largest Open Text buyer in Q4 2021 was Royal Bank of Canada, an estimated $122M added.
- The largest Open Text seller in Q4 2021 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $217M sold.
Based on aggregated 13F filings for Q4 2021.