Formula Systems
FORTY
11 hedge funds and large institutions have $2.46M invested in Formula Systems in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.09% less ownership
Funds ownership: 0.33% → 0.24% (-0.09%)
26% less capital invested
Capital invested by funds: $3.34M → $2.46M (-$884K)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$18.3K |
| 2 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
+$217 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$946K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$33.4K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.1K |
| 4 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$1.23K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AS
1
Altshuler Shaham
Tel Aviv,
Israel
| $880K | +$18.3K | +254 | +2% |
|
|
GIA
2
GHP Investment Advisors
Denver,
Colorado
| $457K | – | – | – |
|
|
TA
3
TFG Advisers
Auburn Hills,
Michigan
| $450K | -$1.23K | -17 | -0.2% |
|
4
Dimensional Fund Advisors
Austin,
Texas
| $283K | – | – | – |
|
5
Morgan Stanley
New York
| $192K | – | – | – |
|
6
BlackRock
New York
| $67.5K | – | – | – |
|
7
Bank of America
Charlotte,
North Carolina
| $65.6K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $40.7K | -$33.4K | -462 | -43% |
|
|
9
Fidelity Investments
Boston,
Massachusetts
| $14.5K | -$11.1K | -153 | -41% |
|
|
PTC
10
Private Trust Company
Cleveland,
Ohio
| $6.56K | – | – | – |
|
11
Wells Fargo
San Francisco,
California
| $8 | – | – | – |
|
|
12
Jane Street
New York
| – | -$946K | -13,351 | Closed |
|
|
BTI
13
Blue Trust Inc
Alpharetta,
Georgia
| – | +$217 | +3 | New |
|
FORTY Hedge Fund Activity: Q1 2023 in Review
11 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2023, worth a combined $2.46M — down 26% from $3.34M a quarter earlier.
Fund positioning in FORTY was balanced in Q1 2023: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was Altshuler Shaham, adding an estimated $18.3K. The largest seller was Jane Street, exiting entirely with an estimated $946K sold.
- 11 institutional investors held Formula Systems (FORTY) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $2.46M of Formula Systems stock for Q1 2023, down 26% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q1 2023 and 1 closed out, a net change of 0 holders.
- The largest Formula Systems buyer in Q1 2023 was Altshuler Shaham, an estimated $18.3K added.
- The largest Formula Systems seller in Q1 2023 was Jane Street, an estimated $946K sold.
Based on aggregated 13F filings for Q1 2023.