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% → 0.09% (+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 |
FORTY Hedge Fund Activity: Q1 2017 in Review
5 of the 4,034 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.