Formula Systems
FORTY
7 hedge funds and large institutions have $3.02M invested in Formula Systems in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
7% more capital invested
Capital invested by funds: $2.84M → $3.02M (+$186K)
13% less funds holding
Funds holding: 8 → 7 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.44K |
| 2 |
Morgan Stanley
New York
|
+$4.11K |
| 3 |
AIG
American International Group
New York
|
+$462 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$332K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$23K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$13.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Renaissance Technologies
New York
| $2.17M | +$5.44K | +200 | +0.3% |
|
|
ACM
2
Ativo Capital Management
Chicago,
Illinois
| $658K | – | – | – |
|
|
U
3
UBS
Zurich,
Switzerland
| $89K | -$13.3K | -489 | -14% |
|
|
AIG
4
American International Group
New York
| $65.3K | +$462 | +17 | +0.8% |
|
|
5
Morgan Stanley
New York
| $26K | +$4.11K | +151 | +22% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $14K | -$23K | -847 | -65% |
|
|
7
Jane Street
New York
| – | -$332K | -13,228 | Closed |
|
FORTY Hedge Fund Activity: Q1 2014 in Review
7 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2014, worth a combined $3.02M — up 6.5% from $2.84M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FORTY and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Renaissance Technologies, adding an estimated $5.44K. The largest seller was Jane Street, exiting entirely with an estimated $332K sold.
- 7 institutional investors held Formula Systems (FORTY) as of Q1 2014, down from 8 in Q4 2013.
- Funds reported $3.02M of Formula Systems stock for Q1 2014, up 6.5% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q1 2014 and 1 closed out, a net change of -1 holder.
- The largest Formula Systems buyer in Q1 2014 was Renaissance Technologies, an estimated $5.44K added.
- The largest Formula Systems seller in Q1 2014 was Jane Street, an estimated $332K sold.
Based on aggregated 13F filings for Q1 2014.