Formula Systems
FORTY
8 hedge funds and large institutions have $2.53M invested in Formula Systems in 2014 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
20% less capital invested
Capital invested by funds: $3.14M → $2.53M (-$614K)
20% less funds holding
Funds holding: 10 → 8 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$22K |
| 2 |
GSC
Ground Swell Capital
Folly Beach,
South Carolina
|
+$4.79K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.75K |
| 4 |
AIG
American International Group
New York
|
+$743 |
| 5 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$28 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$273K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$48K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13.4K |
| 4 |
Citigroup
New York
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Renaissance Technologies
New York
| $1.85M | +$22K | +800 | +1% |
|
|
ACM
2
Ativo Capital Management
Chicago,
Illinois
| $552K | +$28 | +1 | +0% |
|
|
AIG
3
American International Group
New York
| $56K | +$743 | +27 | +1% |
|
|
U
4
UBS
Zurich,
Switzerland
| $25K | -$48K | -1,745 | -65% |
|
5
Morgan Stanley
New York
| $22K | – | – | – |
|
|
GSC
6
Ground Swell Capital
Folly Beach,
South Carolina
| $11K | +$4.79K | +174 | +77% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $9K | -$13.4K | -486 | -59% |
|
|
8
Wells Fargo
San Francisco,
California
| $3K | +$2.75K | +100 | +10,000% |
|
|
9
Jane Street
New York
| – | -$273K | -9,482 | Closed |
|
|
10
Citigroup
New York
| – | -$6K | -205 | Closed |
|
FORTY Hedge Fund Activity: Q3 2014 in Review
8 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q3 2014, worth a combined $2.53M — down 20% from $3.14M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FORTY and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Renaissance Technologies, adding an estimated $22K. The largest seller was Jane Street, exiting entirely with an estimated $273K sold.
- 8 institutional investors held Formula Systems (FORTY) as of Q3 2014, down from 10 in Q2 2014.
- Funds reported $2.53M of Formula Systems stock for Q3 2014, down 20% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q3 2014 and 2 closed out, a net change of -2 holders.
- The largest Formula Systems buyer in Q3 2014 was Renaissance Technologies, an estimated $22K added.
- The largest Formula Systems seller in Q3 2014 was Jane Street, an estimated $273K sold.
Based on aggregated 13F filings for Q3 2014.