Formula Systems
FORTY
9 hedge funds and large institutions have $1.94M invested in Formula Systems in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
13% more funds holding
Funds holding: 8 → 9 (+1)
7% less capital invested
Capital invested by funds: $2.09M → $1.94M (-$153K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$16.3K |
| 2 |
AIG
American International Group
New York
|
+$674 |
| 3 |
Citigroup
New York
|
+$47 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$593K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$10.3K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.86K |
| 4 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$23 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Renaissance Technologies
New York
| $1.21M | -$593K | -25,500 | -37% |
|
|
ACM
2
Ativo Capital Management
Chicago,
Illinois
| $601K | -$23 | -1 | -0% |
|
|
AIG
3
American International Group
New York
| $51.6K | +$674 | +29 | +2% |
|
|
4
UBS Group
Zurich,
Switzerland
| $29K | -$10.3K | -445 | -30% |
|
5
Morgan Stanley
New York
| $24K | – | – | – |
|
|
AP
6
Advisors Preferred
Rockville,
Maryland
| $18.4K | +$16.3K | +700 | New |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $5K | -$3.86K | -166 | -50% |
|
|
8
Citigroup
New York
| – | +$47 | +2 | New |
|
FORTY Hedge Fund Activity: Q1 2015 in Review
9 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2015, worth a combined $1.94M — down 7.3% from $2.09M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FORTY positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Advisors Preferred, opening a new position worth an estimated $16.3K. The largest seller was Renaissance Technologies, cutting an estimated $593K.
- 9 institutional investors held Formula Systems (FORTY) as of Q1 2015, up from 8 in Q4 2014.
- Funds reported $1.94M of Formula Systems stock for Q1 2015, down 7.3% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q1 2015 and 1 closed out, a net change of +1 holder.
- The largest Formula Systems buyer in Q1 2015 was Advisors Preferred, an estimated $16.3K added.
- The largest Formula Systems seller in Q1 2015 was Renaissance Technologies, an estimated $593K sold.
Based on aggregated 13F filings for Q1 2015.