Open Text
OTEX
281 hedge funds and large institutions have $6.03B invested in Open Text in 2024 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 101 increasing their positions, 86 reducing their positions, and 26 closing their positions.
119% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 26
63% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $10.5M
28% more capital inflows, than outflows
Capital inflows: $437M | Capital outflows: $341M
17% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 86
12% more funds holding
Funds holding: 251 → 281 (+30)
2.26% more ownership
Funds ownership: 65.18% → 67.44% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$75M |
| 2 |
Brandes Investment Partners
La Jolla,
California
|
+$52M |
| 3 |
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$27.9M |
| 4 |
Millennium Management
New York
|
+$24M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$91.5M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$26.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.8M |
| 4 |
Morgan Stanley
New York
|
-$15.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$15.4M |
OTEX Hedge Fund Activity: Q3 2024 in Review
281 of the 6,986 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q3 2024, worth a combined $6.03B — up 13% from $5.35B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new OTEX positions and 26 closed out — a net gain of 31 holders — while 101 added to existing stakes and 86 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $75M. The largest seller was Royal Bank of Canada, cutting an estimated $91.5M.
- 281 institutional investors held Open Text (OTEX) as of Q3 2024, up from 251 in Q2 2024.
- Funds reported $6.03B of Open Text stock for Q3 2024, up 13% quarter-over-quarter.
- 57 funds opened new Open Text positions in Q3 2024 and 26 closed out, a net change of +31 holders.
- The largest Open Text buyer in Q3 2024 was Arrowstreet Capital, an estimated $75M added.
- The largest Open Text seller in Q3 2024 was Royal Bank of Canada, an estimated $91.5M sold.
Based on aggregated 13F filings for Q3 2024.