Formula Systems
FORTY
3 hedge funds and large institutions have $123K invested in Formula Systems in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
0.08% less ownership
Funds ownership: 0.1% → 0.02% (-0.08%)
40% less funds holding
Funds holding: 5 → 3 (-2)
78% less capital invested
Capital invested by funds: $565K → $123K (-$442K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$458K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$891 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $83K | +$3.87K | +100 | +5% |
|
|
2
UBS Group
Zurich,
Switzerland
| $40K | -$891 | -23 | -2% |
|
|
SS
3
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$458K | -12,433 | Closed |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
FORTY Hedge Fund Activity: Q3 2017 in Review
3 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q3 2017, worth a combined $123K — down 78% from $565K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FORTY and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, adding an estimated $3.87K. The largest seller was Simplicity Solutions, exiting entirely with an estimated $458K sold.
- 3 institutional investors held Formula Systems (FORTY) as of Q3 2017, down from 5 in Q2 2017.
- Funds reported $123K of Formula Systems stock for Q3 2017, down 78% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q3 2017 and 2 closed out, a net change of -2 holders.
- The largest Formula Systems buyer in Q3 2017 was Morgan Stanley, an estimated $3.87K added.
- The largest Formula Systems seller in Q3 2017 was Simplicity Solutions, an estimated $458K sold.
Based on aggregated 13F filings for Q3 2017.