Heathbridge Capital Management Ltd. reduced its position in shares of Open Text Co. ( NASDAQ:OTEX – Free Report ) (TSE:OTC) by 22.6% in the first quarter, HoldingsChannel.com reports. The firm owned 218,400 shares of the software maker's stock after selling 63,900 shares during the period. Open Text comprises about 3.5% of Heathbridge Capital Management Ltd.'s investment portfolio, making the stock its 16th biggest holding. Heathbridge Capital Management Ltd.'s holdings in Open Text were worth $8,413,000 as of its most recent SEC filing.

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