Open Text Corporation reports a passive Schedule 13G filing disclosing beneficial ownership by FIL Limited and affiliated entities. FIL Limited (via Pandanus Partners, L.P. and Pandanus Associates, Inc.) reports 17,184,000 shares of Common Stock, representing 6.9% of the class. The filing lists sole dispositive and voting power corresponding to the same share count and references a Power of Attorney and Exhibit 99.
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Insights
Passive 13G disclosure shows a non‑control, >5% stake by FIL and affiliates.
Schedule 13G filings are used by passive investors to disclose substantial holdings without asserting control. The filing lists 17,184,000 shares and 6.9%, and identifies FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc.
Key dependencies include whether the position remains passive; subsequent amendments or a switch to Schedule 13D would change the regulatory profile and investor oversight requirements.
Key Figures
Beneficial ownership:17,184,000 sharesPercent of class:6.9%CUSIP:683715106+2 more
5 metrics
Beneficial ownership17,184,000 sharesCommon Stock reported on Schedule 13G
Percent of class6.9%Percent of outstanding Common Stock
CUSIP683715106Open Text Common Stock identifier
Reporting period/date03/31/2026Date on cover indicating measurement date
Power of AttorneyEffective April 13, 2026Authority for signatures referenced in filing
Key Terms
Schedule 13G, Beneficially owned, Sole dispositive power, Power of Attorney, +1 more
5 terms
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: OPEN TEXT CORPORATION"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerregulatory
"Item 4. (iii) Sole power to dispose or to direct the disposition of: 17184000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Power of Attorneyother
"Duly authorized under Power of Attorney effective as of April 13, 2026"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
13d-1(k)(1) agreementregulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does FIL Limited report in OPEN TEXT CORPORATION (OTEX)?
FIL Limited reports beneficial ownership of 17,184,000 shares, equal to 6.9% of Open Text Common Stock. The filing attributes sole dispositive power and sole voting power matching that share count for the reporting entities.
Which entities are listed as holders for the 13G filing for OTEX?
The filing names FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. as related reporting persons, with signatures executed under a Power of Attorney referenced in the filing.
Is the 13G filing indicative of a controlling position in OPEN TEXT?
No; a Schedule 13G typically indicates a passive investor position rather than an intent to control. The filing reports ownership above 5% but does not assert control or a change to an active Schedule 13D filing.
What documents or exhibits accompany the OTEX 13G disclosure?
The disclosure references a Power of Attorney effective April 13, 2026, and an Exhibit 99 that includes a 13d‑1(k)(1) agreement. These exhibits document authority and any related agreements among reporting persons.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Please see Exhibit 99.
Item 4.
Ownership
(a)
Amount beneficially owned:
17184000.00
(b)
Percent of class:
6.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
17184000.00
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of OPEN TEXT CORPORATION. No one other person's interest in the COMMON STOCK of OPEN TEXT CORPORATION is more than five percent of the total outstanding COMMON STOCK.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
FIL Limited
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FIL Limited and its direct and indirect subsidiaries*
Date:
05/05/2026
Pandanus Partners, L.P.
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by Pandanus Associates, Inc. on behalf of Pandanus Partners, L.P.*
Date:
05/05/2026
Pandanus Associates, Inc.
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Pandanus Associates, Inc.*
Date:
05/05/2026
Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FIL Limited on April 29,2026, accession number: 0000318989-26-000050.
