Open Text
OTEX
277 hedge funds and large institutions have $6.75B invested in Open Text in 2022 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 99 increasing their positions, 108 reducing their positions, and 44 closing their positions.
224% more call options, than puts
Call options by funds: $8.42M | Put options by funds: $2.6M
8% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 108
1.26% less ownership
Funds ownership: 66.9% → 65.64% (-1.3%)
3% less funds holding
Funds holding: 286 → 277 (-9)
11% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 44
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less capital invested
Capital invested by funds: $7.72B → $6.75B (-$967M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VPI
Value Partners Investments
Winnipeg,
Manitoba, Canada
|
+$48.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.6M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$31.2M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$27.8M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$63.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$56.5M |
| 3 |
KM
Kabouter Management
Chicago,
Illinois
|
-$27.8M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$23.7M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$23.1M |
OTEX Hedge Fund Activity: Q2 2022 in Review
277 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q2 2022, worth a combined $6.75B — down 13% from $7.72B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of OTEX and 39 opened new positions — a net loss of 5 holders — while 108 trimmed existing stakes and 99 added.
The largest buyer was Value Partners Investments, opening a new position worth an estimated $48.3M. The largest seller was Fidelity International, cutting an estimated $63.4M.
- 277 institutional investors held Open Text (OTEX) as of Q2 2022, down from 286 in Q1 2022.
- Funds reported $6.75B of Open Text stock for Q2 2022, down 13% quarter-over-quarter.
- 39 funds opened new Open Text positions in Q2 2022 and 44 closed out, a net change of -5 holders.
- The largest Open Text buyer in Q2 2022 was Value Partners Investments, an estimated $48.3M added.
- The largest Open Text seller in Q2 2022 was Fidelity International, an estimated $63.4M sold.
Based on aggregated 13F filings for Q2 2022.