Formula Systems
FORTY
5 hedge funds and large institutions have $555K invested in Formula Systems in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 3 closing their positions.
0% more capital invested
Capital invested by funds: $554K → $555K (+$1K)
0% more ownership
Funds ownership: 0.09% → 0.1% (+0%)
29% less funds holding
Funds holding: 7 → 5 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$70K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$54K |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$13K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
1
Simplicity Solutions
Minneapolis,
Minnesota
| $443K | +$70K | +1,744 | +18% |
|
2
Morgan Stanley
New York
| $56K | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $56K | +$20.8K | +518 | +56% |
|
|
AG
4
Advisor Group
Phoenix,
Arizona
| – | -$54K | -1,365 | Closed |
|
|
5
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -330 | Closed |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| – | -$7K | -169 | Closed |
|
|
ASN
7
Advisory Services Network
Atlanta,
Georgia
| – | +$80 | +2 | New |
|
FORTY Hedge Fund Activity: Q1 2017 in Review
5 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2017, worth a combined $555K — up 0.18% from $554K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FORTY and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Simplicity Solutions, adding an estimated $70K. The largest seller was Advisor Group, exiting entirely with an estimated $54K sold.
- 5 institutional investors held Formula Systems (FORTY) as of Q1 2017, down from 7 in Q4 2016.
- Funds reported $555K of Formula Systems stock for Q1 2017, up 0.18% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q1 2017 and 3 closed out, a net change of -2 holders.
- The largest Formula Systems buyer in Q1 2017 was Simplicity Solutions, an estimated $70K added.
- The largest Formula Systems seller in Q1 2017 was Advisor Group, an estimated $54K sold.
Based on aggregated 13F filings for Q1 2017.