OTEX β€” OPEN TEXT CORP

Ownership history in Lorne Steinberg Wealth Management Inc.  Β·  19 quarters on record

This page tracks every 13F SEC filing in which Lorne Steinberg Wealth Management Inc. reported a position in OPEN TEXT CORP (OTEX). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.74% (2025 Q3)
πŸ“Š Avg. % of fund
1.23%
πŸ“… First filed
2021 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
19

Position Intelligence

Lorne Steinberg Wealth Management Inc. Γ— OTEX AI Analytics

πŸ“‰ Lorne Steinberg Wealth Management Inc. underperformed the S&P 500 by –18.6% annually on this OTEX position. Timing score: 39% (7/18 decisions correct). Average cost basis: $34.70. Maximum drawdown during holding period: –46.5%.

πŸ“ˆ Position Alpha vs SPY
-18.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 18.6% ann.
11 quarters analyzed

⏱️ Timing Score
39%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
7 of 18 add/trim decisions correct

πŸ’° Entry Quality
$34.70
-7.1% vs current ($32.23)

Best entry: $23.63 (2022 Q3)  Β·  Worst: $44.18 (2021 Q2)

πŸ›‘οΈ Drawdown Resilience
–46.5%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
89%
buy-side decisions

17 adds Β· 2 trims. Bought during 9 of 11 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Lorne Steinberg Wealth Management Inc. has been actively increasing its OTEX allocation β€” a bullish signal from insiders.
Currently 1.46% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    OTEX price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 194,613 +1,380 +0.7% 1.46% $6.3M $32.23
2025 Q3 ADDED 193,233 +24,935 +14.8% 1.74% $7.2M $36.68
2025 Q2 ADDED 168,298 +19,000 +12.7% 1.29% $4.9M $28.42
2025 Q1 ADDED 149,298 +20,495 +15.9% 1.10% $3.8M $24.36
2024 Q4 REDUCED 128,803 -3,032 -2.3% 1.06% $3.6M $27.03
2024 Q3 ADDED 131,835 +12,370 +10.4% 1.27% $4.4M $31.49
2024 Q2 REDUCED 119,465 -525 -0.4% 1.15% $3.6M $28.19
2024 Q1 ADDED 119,990 +2,275 +1.9% 1.45% $4.7M $36.12
2023 Q4 ADDED 117,715 +15,775 +15.5% 1.66% $4.9M $38.84
2023 Q3 ADDED 101,940 +8,825 +9.5% 1.38% $3.6M $32.24
9 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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