Formula Systems
FORTY
7 hedge funds and large institutions have $141K invested in Formula Systems in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
67% less capital invested
Capital invested by funds: $430K → $141K (-$289K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$8.94K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.28K |
| 3 |
Morgan Stanley
New York
|
+$2.74K |
| 4 |
AIG
American International Group
New York
|
+$434 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$316K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.68K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
1
American International Group
New York
| $54K | +$434 | +16 | +0.9% |
|
|
2
UBS Group
Zurich,
Switzerland
| $39K | +$3.28K | +121 | +10% |
|
|
3
Morgan Stanley
New York
| $31K | +$2.74K | +101 | +11% |
|
|
4
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | +$8.94K | +330 | New |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $7K | -$1.68K | -62 | -21% |
|
|
6
Jane Street
New York
| – | -$316K | -12,010 | Closed |
|
FORTY Hedge Fund Activity: Q1 2016 in Review
7 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2016, worth a combined $141K — down 67% from $430K a quarter earlier.
Fund positioning in FORTY was balanced in Q1 2016: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 1 trimmed.
The largest buyer was Fifth Third Bancorp, opening a new position worth an estimated $8.94K. The largest seller was Jane Street, exiting entirely with an estimated $316K sold.
- 7 institutional investors held Formula Systems (FORTY) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $141K of Formula Systems stock for Q1 2016, down 67% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q1 2016 and 1 closed out, a net change of 0 holders.
- The largest Formula Systems buyer in Q1 2016 was Fifth Third Bancorp, an estimated $8.94K added.
- The largest Formula Systems seller in Q1 2016 was Jane Street, an estimated $316K sold.
Based on aggregated 13F filings for Q1 2016.