Formula Systems
FORTY
10 hedge funds and large institutions have $4.15M invested in Formula Systems in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0.02% less ownership
Funds ownership: 0.31% → 0.29% (-0.02%)
14% less capital invested
Capital invested by funds: $4.8M → $4.15M (-$653K)
33% less funds holding
Funds holding: 15 → 10 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$766K |
| 2 |
Morgan Stanley
New York
|
+$35.9K |
| 3 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
+$27.8K |
| 4 |
PTC
Private Trust Company
Cleveland,
Ohio
|
+$9.44K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$189 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.15M |
| 2 |
BlackRock
New York
|
-$48.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$13K |
| 4 |
QCG
Quadrant Capital Group
Cincinnati,
Ohio
|
-$7K |
| 5 |
S
SignatureFD
Atlanta,
Georgia
|
-$3.59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Fidelity Investments
Boston,
Massachusetts
| $1.71M | +$766K | +8,116 | +79% |
|
|
GIA
2
GHP Investment Advisors
Denver,
Colorado
| $646K | – | – | – |
|
|
TA
3
TFG Advisers
Auburn Hills,
Michigan
| $624K | +$27.8K | +294 | +5% |
|
4
Dimensional Fund Advisors
Austin,
Texas
| $371K | – | – | – |
|
|
5
Morgan Stanley
New York
| $286K | +$35.9K | +380 | +14% |
|
|
NGA
6
Naples Global Advisors
Naples,
Florida
| $260K | – | – | – |
|
|
7
BlackRock
New York
| $134K | -$48.5K | -514 | -26% |
|
|
8
Bank of America
Charlotte,
North Carolina
| $93K | +$189 | +2 | +0.2% |
|
|
S
9
SignatureFD
Atlanta,
Georgia
| $16K | -$3.59K | -38 | -18% |
|
|
PTC
10
Private Trust Company
Cleveland,
Ohio
| $9K | +$9.44K | +100 | New |
|
|
11
Jane Street
New York
| – | -$1.15M | -11,462 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$13K | -128 | Closed |
|
|
QCG
13
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$7K | -68 | Closed |
|
14
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -24 | Closed |
|
|
TRCT
15
Tower Research Capital (TRC)
New York
| – | -$2K | -19 | Closed |
|
FORTY Hedge Fund Activity: Q2 2022 in Review
10 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q2 2022, worth a combined $4.15M — down 14% from $4.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FORTY and 1 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Fidelity Investments, adding an estimated $766K. The largest seller was Jane Street, exiting entirely with an estimated $1.15M sold.
- 10 institutional investors held Formula Systems (FORTY) as of Q2 2022, down from 15 in Q1 2022.
- Funds reported $4.15M of Formula Systems stock for Q2 2022, down 14% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q2 2022 and 6 closed out, a net change of -5 holders.
- The largest Formula Systems buyer in Q2 2022 was Fidelity Investments, an estimated $766K added.
- The largest Formula Systems seller in Q2 2022 was Jane Street, an estimated $1.15M sold.
Based on aggregated 13F filings for Q2 2022.