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Open Text

253 hedge funds and large institutions have $5.25B invested in Open Text in 2022 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 81 increasing their positions, 98 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 39 (+6)

173% more call options, than puts

Call options by funds: $9.31M | Put options by funds: $3.41M

13% more capital invested

Capital invested by funds: $4.64B → $5.25B (+$606M)

0.76% less ownership

Funds ownership: 66.37%65.61% (-0.76%)

6% less funds holding

Funds holding: 268253 (-15)

17% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 98

24% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 55

Holders
253
Holders Change
-15
Holders Change %
-5.6%
% of All Funds
4.07%
Holding in Top 10
9
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+200%
% of All Funds
0.14%
New
42
Increased
81
Reduced
98
Closed
55
Calls
$9.31M
Puts
$3.41M
Net Calls
+$5.9M
Net Calls Change
+$6.96M
Name Holding Trade Value Shares
Change
Change in
Stake
JFL
1
Jarislowsky, Fraser Ltd
Quebec, Canada
$492M +$49.8M +1,756,914 +12%
Harris Associates
2
Harris Associates
Illinois
$451M +$94.5M +3,333,900 +28%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$435M +$1.31M +46,280 +0.3%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$354M -$3.49M -123,048 -1%
BGC
5
Beutel, Goodman & Co
Ontario, Canada
$301M +$27.8M +978,838 +11%
Vanguard Group
6
Vanguard Group
Pennsylvania
$286M +$5.6M +197,619 +2%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$270M -$16.2M -570,431 -6%
CB
8
Cooke & Bieler
Pennsylvania
$165M +$42M +1,481,267 +36%
TCAM
9
Turtle Creek Asset Management
Ontario, Canada
$126M +$4.32M +152,491 +4%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$126M -$7.15M -252,037 -6%
Invesco
11
Invesco
Georgia
$118M +$5.64M +199,052 +5%
National Bank of Canada
12
National Bank of Canada
Quebec, Canada
$107M +$37.8M +1,332,233 +58%
First Trust Advisors
13
First Trust Advisors
Illinois
$98.4M +$4.92M +173,500 +6%
Franklin Resources
14
Franklin Resources
California
$95M -$29.8M -1,051,403 -25%
Norges Bank
15
Norges Bank
Norway
$86.9M +$3.74M +131,909 +5%
GCC
16
Guardian Capital (Canada)
Ontario, Canada
$84.1M +$35.6M +1,256,627 +79%
LBA
17
Letko, Brosseau & Associates
Quebec, Canada
$77M +$1.66M +58,500 +2%
NSCM
18
New South Capital Management
Tennessee
$76.3M -$134K -4,737 -0.2%
Bank of Nova Scotia
19
Bank of Nova Scotia
Ontario, Canada
$71.4M +$1.74M +61,415 +3%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$66M +$799K +28,173 +1%
VPI
21
Value Partners Investments
Manitoba, Canada
$60.6M +$15.7M +553,311 +37%
CAM
22
Cidel Asset Management
Ontario, Canada
$53.9M -$4.21M -148,571 -8%
DGI
23
Disciplined Growth Investors
Minnesota
$53.4M -$14.2M -500,061 -22%
TD Asset Management
24
TD Asset Management
Ontario, Canada
$51.5M -$7.93M -279,626 -14%
OCAM
25
Onex Canada Asset Management
Ontario, Canada
$48.8M +$27.3M +963,691 +141%

OTEX Hedge Fund Activity: Q4 2022 in Review

253 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q4 2022, worth a combined $5.25B — up 13% from $4.64B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of OTEX and 42 opened new positions — a net loss of 13 holders — while 98 trimmed existing stakes and 81 added.

The largest buyer was Harris Associates, adding an estimated $94.5M. The largest seller was American Century Companies, cutting an estimated $66.1M.

  • 253 institutional investors held Open Text (OTEX) as of Q4 2022, down from 268 in Q3 2022.
  • Funds reported $5.25B of Open Text stock for Q4 2022, up 13% quarter-over-quarter.
  • 42 funds opened new Open Text positions in Q4 2022 and 55 closed out, a net change of -13 holders.
  • The largest Open Text buyer in Q4 2022 was Harris Associates, an estimated $94.5M added.
  • The largest Open Text seller in Q4 2022 was American Century Companies, an estimated $66.1M sold.

Based on aggregated 13F filings for Q4 2022.