Formula Systems
FORTY
8 hedge funds and large institutions have $2.73M invested in Formula Systems in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, reducing their positions, and closing their positions.
51% more capital invested
Capital invested by funds: $1.81M → $2.73M (+$917K)
33% more funds holding
Funds holding: 6 → 8 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$349K |
| 2 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$180K |
| 3 |
Renaissance Technologies
New York
|
+$33.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.18K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$5.27K |
Top Sellers
FORTY Hedge Fund Activity: Q3 2013 in Review
8 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q3 2013, worth a combined $2.73M — up 51% from $1.81M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FORTY positions and 0 closed out — a net gain of 2 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $349K.
- 8 institutional investors held Formula Systems (FORTY) as of Q3 2013, up from 6 in Q2 2013.
- Funds reported $2.73M of Formula Systems stock for Q3 2013, up 51% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q3 2013 and 0 closed out, a net change of +2 holders.
- The largest Formula Systems buyer in Q3 2013 was Jane Street, an estimated $349K added.
Based on aggregated 13F filings for Q3 2013.