Formula Systems
FORTY
11 hedge funds and large institutions have $3.34M invested in Formula Systems in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0.05% more ownership
Funds ownership: 0.29% → 0.33% (+0.05%)
6% less capital invested
Capital invested by funds: $3.57M → $3.34M (-$231K)
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$1.03M |
| 2 |
Jane Street
New York
|
+$765K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$22.4K |
| 4 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
+$78 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$921K |
| 2 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$231K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$28.2K |
| 4 |
Morgan Stanley
New York
|
-$27.5K |
| 5 |
BlackRock
New York
|
-$26.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AS
1
Altshuler Shaham
Tel Aviv,
Israel
| $952K | +$1.03M | +13,143 | New |
|
|
2
Jane Street
New York
| $946K | +$765K | +9,783 | +274% |
|
|
GIA
3
GHP Investment Advisors
Denver,
Colorado
| $493K | – | – | – |
|
|
TA
4
TFG Advisers
Auburn Hills,
Michigan
| $488K | +$78 | +1 | +0% |
|
|
5
Morgan Stanley
New York
| $207K | -$27.5K | -352 | -11% |
|
|
6
UBS Group
Zurich,
Switzerland
| $76.7K | -$28.2K | -361 | -25% |
|
|
7
BlackRock
New York
| $72.9K | -$26.7K | -341 | -25% |
|
8
Bank of America
Charlotte,
North Carolina
| $70.9K | – | – | – |
|
|
9
Fidelity Investments
Boston,
Massachusetts
| $26.5K | -$921K | -11,782 | -97% |
|
|
PTC
10
Private Trust Company
Cleveland,
Ohio
| $7K | – | – | – |
|
|
11
Dimensional Fund Advisors
Austin,
Texas
| $305 | +$22.4K | +286 | +7% |
|
|
NGA
12
Naples Global Advisors
Naples,
Florida
| – | -$231K | -2,800 | Closed |
|
|
S
13
SignatureFD
Atlanta,
Georgia
| – | -$10K | -116 | Closed |
|
FORTY Hedge Fund Activity: Q4 2022 in Review
11 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q4 2022, worth a combined $3.34M — down 6.5% from $3.57M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FORTY and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was Altshuler Shaham, opening a new position worth an estimated $1.03M. The largest seller was Fidelity Investments, cutting an estimated $921K.
- 11 institutional investors held Formula Systems (FORTY) as of Q4 2022, down from 12 in Q3 2022.
- Funds reported $3.34M of Formula Systems stock for Q4 2022, down 6.5% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q4 2022 and 2 closed out, a net change of -1 holder.
- The largest Formula Systems buyer in Q4 2022 was Altshuler Shaham, an estimated $1.03M added.
- The largest Formula Systems seller in Q4 2022 was Fidelity Investments, an estimated $921K sold.
Based on aggregated 13F filings for Q4 2022.