Formula Systems
FORTY
6 hedge funds and large institutions have $86K invested in Formula Systems in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 1 closing their positions.
14% less funds holding
Funds holding: 7 → 6 (-1)
39% less capital invested
Capital invested by funds: $141K → $86K (-$55K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$54K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.44K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.01K |
| 4 |
Morgan Stanley
New York
|
-$32 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
UBS Group
Zurich,
Switzerland
| $38K | -$4.44K | -139 | -10% |
|
|
2
Morgan Stanley
New York
| $33K | -$32 | -1 | -0.1% |
|
3
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $5K | -$2.01K | -63 | -27% |
|
|
AIG
5
American International Group
New York
| – | -$54K | -1,873 | Closed |
|
FORTY Hedge Fund Activity: Q2 2016 in Review
6 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q2 2016, worth a combined $86K — down 39% from $141K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FORTY and 0 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 0 added.
The largest seller was American International Group, exiting entirely with an estimated $54K sold.
- 6 institutional investors held Formula Systems (FORTY) as of Q2 2016, down from 7 in Q1 2016.
- Funds reported $86K of Formula Systems stock for Q2 2016, down 39% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q2 2016 and 1 closed out, a net change of -1 holder.
- The largest Formula Systems seller in Q2 2016 was American International Group, an estimated $54K sold.
Based on aggregated 13F filings for Q2 2016.