Formula Systems
FORTY
8 hedge funds and large institutions have $1.89M invested in Formula Systems in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 0 closing their positions.
27% more capital invested
Capital invested by funds: $1.49M → $1.89M (+$404K)
14% more funds holding
Funds holding: 7 → 8 (+1)
0.02% more ownership
Funds ownership: 0.13% → 0.15% (+0.02%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FB
Fulton Bank
Lancaster,
Pennsylvania
|
+$237K |
| 2 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
+$79.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$47.9K |
| 2 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$12.4K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$353 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIA
1
GHP Investment Advisors
Denver,
Colorado
| $578K | – | – | – |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $449K | +$79.8K | +904 | +20% |
|
|
MYIA
3
Mount Yale Investment Advisors
Denver,
Colorado
| $381K | -$12.4K | -140 | -3% |
|
|
FB
4
Fulton Bank
Lancaster,
Pennsylvania
| $231K | +$237K | +2,681 | New |
|
5
Morgan Stanley
New York
| $112K | – | – | – |
|
6
Bank of America
Charlotte,
North Carolina
| $83K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $56K | -$47.9K | -543 | -45% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| – | -$353 | -4 | -40% |
|
FORTY Hedge Fund Activity: Q3 2020 in Review
8 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q3 2020, worth a combined $1.89M — up 27% from $1.49M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FORTY positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Fulton Bank, opening a new position worth an estimated $237K. The largest seller was UBS Group, cutting an estimated $47.9K.
- 8 institutional investors held Formula Systems (FORTY) as of Q3 2020, up from 7 in Q2 2020.
- Funds reported $1.89M of Formula Systems stock for Q3 2020, up 27% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q3 2020 and 0 closed out, a net change of +1 holder.
- The largest Formula Systems buyer in Q3 2020 was Fulton Bank, an estimated $237K added.
- The largest Formula Systems seller in Q3 2020 was UBS Group, an estimated $47.9K sold.
Based on aggregated 13F filings for Q3 2020.