Formula Systems
FORTY
9 hedge funds and large institutions have $2.17M invested in Formula Systems in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 0 closing their positions.
29% more funds holding
Funds holding: 7 → 9 (+2)
10% more capital invested
Capital invested by funds: $1.97M → $2.17M (+$197K)
0.01% more ownership
Funds ownership: 0.15% → 0.16% (+0.01%)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$118K |
| 2 |
BlackRock
New York
|
+$27.7K |
| 3 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
+$19.4K |
| 4 |
FB
Fulton Bank
Lancaster,
Pennsylvania
|
+$5.03K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$39.3K |
| 2 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$14.3K |
| 3 |
Morgan Stanley
New York
|
-$971 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIA
1
GHP Investment Advisors
Denver,
Colorado
| $618K | – | – | – |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $547K | +$19.4K | +220 | +4% |
|
|
MYIA
3
Mount Yale Investment Advisors
Denver,
Colorado
| $388K | -$14.3K | -162 | -4% |
|
|
FB
4
Fulton Bank
Lancaster,
Pennsylvania
| $243K | +$5.03K | +57 | +2% |
|
|
5
Fidelity Investments
Boston,
Massachusetts
| $122K | +$118K | +1,341 | New |
|
|
6
Morgan Stanley
New York
| $106K | -$971 | -11 | -0.9% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $91K | +$2.29K | +26 | +3% |
|
|
8
BlackRock
New York
| $28K | +$27.7K | +314 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| $22K | -$39.3K | -445 | -64% |
|
FORTY Hedge Fund Activity: Q1 2021 in Review
9 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2021, worth a combined $2.17M — up 10% from $1.97M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FORTY positions and 0 closed out — a net gain of 2 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $118K. The largest seller was UBS Group, cutting an estimated $39.3K.
- 9 institutional investors held Formula Systems (FORTY) as of Q1 2021, up from 7 in Q4 2020.
- Funds reported $2.17M of Formula Systems stock for Q1 2021, up 10% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q1 2021 and 0 closed out, a net change of +2 holders.
- The largest Formula Systems buyer in Q1 2021 was Fidelity Investments, an estimated $118K added.
- The largest Formula Systems seller in Q1 2021 was UBS Group, an estimated $39.3K sold.
Based on aggregated 13F filings for Q1 2021.