Vanguard Capital Management filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 12,148,375 shares of Open Text Corp common stock as of September 30, 2026, representing 5.01% of the class.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Capital Management reported beneficial ownership of 12,148,375 shares of Open Text Corp common stock.
  • Percent of class: The 12,148,375 shares represent 5.01% of the outstanding class, according to the filing.
  • Sole voting power: Vanguard reported sole voting power over 4,947,449 shares, with no shared voting power reported.
  • Sole dispositive power: Vanguard reported sole dispositive power over all 12,148,375 shares, with no shared dispositive power reported.
  • Triggering date: The filing identifies September 30, 2026 as the date of the event requiring the statement.
  • Affiliates included: The filing states the reported position reflects securities beneficially owned by Vanguard Capital Management LLC and affiliates including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd.

Vanguard Capital Management Crosses 5% Ownership Threshold in Open Text Corp

Vanguard Capital Management, organized in Pennsylvania and operating as an investment adviser (type "IA" per the filing), submitted a Schedule 13G disclosing its position in Open Text Corp (NASDAQ:OTEX), whose principal executive offices are listed at 275 Frank Tompa Drive, Waterloo, Ontario, N2L 0A1. The filing was signed on October 30, 2026, by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration.

According to the filing, Vanguard Capital Management holds sole dispositive power over the full 12,148,375 shares reported, while sole voting power covers a subset of 4,947,449 shares. The filing states that shared voting power and shared dispositive power are both zero. The filing explains, consistent with SEC Release No. 34-39538 (January 12, 1998), that the reported position encompasses securities held by Vanguard funds and managed accounts over which the listed affiliates exercise dispositive and/or voting power, and expressly notes that it does not include securities beneficially owned by other subsidiaries or affiliates whose ownership is disaggregated from the reporting business unit under that release.

Regarding the right to receive dividends or sale proceeds, the filing states that "Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and confirms that no single other person's interest in the reported securities exceeds 5%. The filer certified that the securities were acquired and are held in the ordinary course of business, and were not acquired for the purpose of changing or influencing control of Open Text Corp.

What Was Disclosed

Vanguard Capital Management filed a Schedule 13G reporting 12,148,375 shares of Open Text Corp common stock (CUSIP 683715106), equal to 5.01% of the class, as of September 30, 2026, with sole dispositive power over all reported shares and sole voting power over 4,947,449 shares.