Formula Systems
FORTY
7 hedge funds and large institutions have $1.97M invested in Formula Systems in 2020 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
4% more capital invested
Capital invested by funds: $1.89M → $1.97M (+$78K)
0% more ownership
Funds ownership: 0.15% → 0.15% (+0%)
13% less funds holding
Funds holding: 8 → 7 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
+$43.6K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.28K |
| 3 |
FB
Fulton Bank
Lancaster,
Pennsylvania
|
+$81 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.2K |
| 2 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$4.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIA
1
GHP Investment Advisors
Denver,
Colorado
| $595K | – | – | – |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $508K | +$43.6K | +536 | +10% |
|
|
MYIA
3
Mount Yale Investment Advisors
Denver,
Colorado
| $387K | -$4.4K | -54 | -1% |
|
|
FB
4
Fulton Bank
Lancaster,
Pennsylvania
| $230K | +$81 | +1 | +0% |
|
|
5
Morgan Stanley
New York
| $103K | -$12.2K | -150 | -11% |
|
6
Bank of America
Charlotte,
North Carolina
| $86K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $59K | +$2.28K | +28 | +4% |
|
FORTY Hedge Fund Activity: Q4 2020 in Review
7 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q4 2020, worth a combined $1.97M — up 4.1% from $1.89M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FORTY and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was TFG Advisers, adding an estimated $43.6K. The largest seller was Morgan Stanley, cutting an estimated $12.2K.
- 7 institutional investors held Formula Systems (FORTY) as of Q4 2020, down from 8 in Q3 2020.
- Funds reported $1.97M of Formula Systems stock for Q4 2020, up 4.1% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q4 2020 and 1 closed out, a net change of -1 holder.
- The largest Formula Systems buyer in Q4 2020 was TFG Advisers, an estimated $43.6K added.
- The largest Formula Systems seller in Q4 2020 was Morgan Stanley, an estimated $12.2K sold.
Based on aggregated 13F filings for Q4 2020.