Formula Systems
FORTY
11 hedge funds and large institutions have $2.22M invested in Formula Systems in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and closing their positions.
22% more funds holding
Funds holding: 9 → 11 (+2)
3% more capital invested
Capital invested by funds: $2.17M → $2.22M (+$55K)
0% more ownership
Funds ownership: 0.16% → 0.16% (+0%)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$45.5K |
| 2 |
BlackRock
New York
|
+$34.7K |
| 3 |
QCG
Quadrant Capital Group
Cincinnati,
Ohio
|
+$11.8K |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$8.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$33K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15K |
| 3 |
FB
Fulton Bank
Lancaster,
Pennsylvania
|
-$8.82K |
| 4 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$7.93K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIA
1
GHP Investment Advisors
Denver,
Colorado
| $626K | – | – | – |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $547K | -$7.93K | -89 | -1% |
|
|
MYIA
3
Mount Yale Investment Advisors
Denver,
Colorado
| $360K | -$33K | -370 | -8% |
|
|
FB
4
Fulton Bank
Lancaster,
Pennsylvania
| $238K | -$8.82K | -99 | -4% |
|
|
5
Morgan Stanley
New York
| $153K | +$45.5K | +511 | +43% |
|
|
6
Fidelity Investments
Boston,
Massachusetts
| $104K | -$15K | -168 | -13% |
|
7
Bank of America
Charlotte,
North Carolina
| $90K | -$2.32K | -26 | -3% |
|
|
8
BlackRock
New York
| $63K | +$34.7K | +389 | +124% |
|
|
9
UBS Group
Zurich,
Switzerland
| $18K | -$4.28K | -48 | -19% |
|
|
QCG
10
Quadrant Capital Group
Cincinnati,
Ohio
| $12K | +$11.8K | +133 | New |
|
|
AF
11
Advisornet Financial
Minnetonka,
Minnesota
| $9K | +$8.91K | +100 | New |
|
FORTY Hedge Fund Activity: Q2 2021 in Review
11 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q2 2021, worth a combined $2.22M — up 2.5% from $2.17M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FORTY positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $45.5K. The largest seller was Mount Yale Investment Advisors, cutting an estimated $33K.
- 11 institutional investors held Formula Systems (FORTY) as of Q2 2021, up from 9 in Q1 2021.
- Funds reported $2.22M of Formula Systems stock for Q2 2021, up 2.5% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q2 2021 and 0 closed out, a net change of +2 holders.
- The largest Formula Systems buyer in Q2 2021 was Morgan Stanley, an estimated $45.5K added.
- The largest Formula Systems seller in Q2 2021 was Mount Yale Investment Advisors, an estimated $33K sold.
Based on aggregated 13F filings for Q2 2021.