Open Text
OTEX
266 hedge funds and large institutions have $4.65B invested in Open Text in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 113 increasing their positions, 93 reducing their positions, and 36 closing their positions.
102% more capital inflows, than outflows
Capital inflows: $520M | Capital outflows: $258M
97% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $9.76M
22% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 93
3.94% more ownership
Funds ownership: 65.73% → 69.67% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5% less funds holding
Funds holding: 281 → 266 (-15)
25% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$104M |
| 2 |
VPI
Value Partners Investments
Winnipeg,
Manitoba, Canada
|
+$59M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$57.1M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$37.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$69.4M |
| 2 |
CC
Criteria Caixa
Barcelona,
Spain
|
-$32.9M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$22.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$19.3M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$15M |
OTEX Hedge Fund Activity: Q1 2025 in Review
266 of the 7,478 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2025, worth a combined $4.65B — down 6% from $4.95B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of OTEX and 27 opened new positions — a net loss of 9 holders — while 93 trimmed existing stakes and 113 added.
The largest buyer was Fidelity International, adding an estimated $104M. The largest seller was Fidelity Investments, cutting an estimated $69.4M.
- 266 institutional investors held Open Text (OTEX) as of Q1 2025, down from 281 in Q4 2024.
- Funds reported $4.65B of Open Text stock for Q1 2025, down 6% quarter-over-quarter.
- 27 funds opened new Open Text positions in Q1 2025 and 36 closed out, a net change of -9 holders.
- The largest Open Text buyer in Q1 2025 was Fidelity International, an estimated $104M added.
- The largest Open Text seller in Q1 2025 was Fidelity Investments, an estimated $69.4M sold.
Based on aggregated 13F filings for Q1 2025.