Formula Systems
FORTY
7 hedge funds and large institutions have $554K invested in Formula Systems in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and closing their positions.
262% more capital invested
Capital invested by funds: $153K → $554K (+$401K)
0.09% more ownership
Funds ownership: 0% → 0.09% (+0.09%)
0% more funds holding
Funds holding: 7 → 7 (0)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$388K |
| 2 |
Morgan Stanley
New York
|
+$16K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$9.06K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.56K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
1
Simplicity Solutions
Minneapolis,
Minnesota
| $385K | +$388K | +9,709 | New |
|
|
2
Morgan Stanley
New York
| $58K | +$16K | +400 | +38% |
|
|
AG
3
Advisor Group
Phoenix,
Arizona
| $54K | -$1.56K | -39 | -3% |
|
|
4
UBS Group
Zurich,
Switzerland
| $37K | +$4.03K | +101 | +12% |
|
5
Fifth Third Bancorp
Cincinnati,
Ohio
| $13K | – | – | – |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $7K | -$9.06K | -227 | -57% |
|
FORTY Hedge Fund Activity: Q4 2016 in Review
7 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q4 2016, worth a combined $554K — up 262% from $153K a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FORTY positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $388K. The largest seller was Tower Research Capital (TRC), cutting an estimated $9.06K.
- 7 institutional investors held Formula Systems (FORTY) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $554K of Formula Systems stock for Q4 2016, up 262% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q4 2016 and 0 closed out, a net change of +1 holder.
- The largest Formula Systems buyer in Q4 2016 was Simplicity Solutions, an estimated $388K added.
- The largest Formula Systems seller in Q4 2016 was Tower Research Capital (TRC), an estimated $9.06K sold.
Based on aggregated 13F filings for Q4 2016.