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 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
0.06% less ownership
Funds ownership: 0.31% → 0.24% (-0.06%)
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 |
FORTY Hedge Fund Activity: Q1 2023 in Review
11 of the 6,285 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.
Buyers outnumbered sellers: 2 funds opened new FORTY positions and 1 closed out — a net gain of 1 holder — while 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, up from 10 in Q4 2022.
- Funds reported $2.46M of Formula Systems stock for Q1 2023, down 26% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- 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.