Formula Systems
FORTY
12 hedge funds and large institutions have $3.57M invested in Formula Systems in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 0 closing their positions.
20% more funds holding
Funds holding: 10 → 12 (+2)
0.01% less ownership
Funds ownership: 0.29% → 0.29% (-0.01%)
14% less capital invested
Capital invested by funds: $4.15M → $3.57M (-$575K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$347K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$140K |
| 3 |
Morgan Stanley
New York
|
+$18.7K |
| 4 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
+$15.1K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$609K |
| 2 |
BlackRock
New York
|
-$7.01K |
| 3 |
S
SignatureFD
Atlanta,
Georgia
|
-$5.26K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$195 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Fidelity Investments
Boston,
Massachusetts
| $982K | -$609K | -6,253 | -34% |
|
|
GIA
2
GHP Investment Advisors
Denver,
Colorado
| $573K | – | – | – |
|
|
TA
3
TFG Advisers
Auburn Hills,
Michigan
| $566K | +$15.1K | +155 | +2% |
|
|
4
Dimensional Fund Advisors
Austin,
Texas
| $325K | +$1.85K | +19 | +0.5% |
|
|
5
Jane Street
New York
| $294K | +$347K | +3,568 | New |
|
|
6
Morgan Stanley
New York
| $269K | +$18.7K | +192 | +6% |
|
|
NGA
7
Naples Global Advisors
Naples,
Florida
| $231K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $119K | +$140K | +1,443 | New |
|
|
9
BlackRock
New York
| $113K | -$7.01K | -72 | -5% |
|
|
10
Bank of America
Charlotte,
North Carolina
| $82K | -$195 | -2 | -0.2% |
|
|
S
11
SignatureFD
Atlanta,
Georgia
| $10K | -$5.26K | -54 | -32% |
|
|
PTC
12
Private Trust Company
Cleveland,
Ohio
| $8K | – | – | – |
|
FORTY Hedge Fund Activity: Q3 2022 in Review
12 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q3 2022, worth a combined $3.57M — down 14% from $4.15M 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 4 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $347K. The largest seller was Fidelity Investments, cutting an estimated $609K.
- 12 institutional investors held Formula Systems (FORTY) as of Q3 2022, up from 10 in Q2 2022.
- Funds reported $3.57M of Formula Systems stock for Q3 2022, down 14% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q3 2022 and 0 closed out, a net change of +2 holders.
- The largest Formula Systems buyer in Q3 2022 was Jane Street, an estimated $347K added.
- The largest Formula Systems seller in Q3 2022 was Fidelity Investments, an estimated $609K sold.
Based on aggregated 13F filings for Q3 2022.