Formula Systems
FORTY
10 hedge funds and large institutions have $2.73M invested in Formula Systems in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
11% more capital invested
Capital invested by funds: $2.46M → $2.73M (+$277K)
0.01% less ownership
Funds ownership: 0.24% → 0.24% (-0.01%)
9% less funds holding
Funds holding: 11 → 10 (-1)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$6.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$42.8K |
| 2 |
BlackRock
New York
|
-$19.2K |
| 3 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$4.29K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.59K |
| 5 |
Morgan Stanley
New York
|
-$346 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AS
1
Altshuler Shaham
Tel Aviv,
Israel
| $995K | +$6.92K | +100 | +0.7% |
|
|
GIA
2
GHP Investment Advisors
Denver,
Colorado
| $546K | – | – | – |
|
|
TA
3
TFG Advisers
Auburn Hills,
Michigan
| $507K | -$4.29K | -62 | -0.9% |
|
4
Dimensional Fund Advisors
Austin,
Texas
| $316K | – | – | – |
|
|
5
Morgan Stanley
New York
| $217K | -$346 | -5 | -0.2% |
|
6
Bank of America
Charlotte,
North Carolina
| $74.5K | – | – | – |
|
|
7
BlackRock
New York
| $56K | -$19.2K | -277 | -27% |
|
|
8
Fidelity Investments
Boston,
Massachusetts
| $14.4K | -$1.59K | -23 | -10% |
|
|
PTC
9
Private Trust Company
Cleveland,
Ohio
| $7.45K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $75 | -$42.8K | -619 | -100% |
|
11
Wells Fargo
San Francisco,
California
| $9 | – | – | – |
|
FORTY Hedge Fund Activity: Q2 2023 in Review
10 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q2 2023, worth a combined $2.73M — up 11% from $2.46M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FORTY and 0 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.
The largest buyer was Altshuler Shaham, adding an estimated $6.92K. The largest seller was UBS Group, cutting an estimated $42.8K.
- 10 institutional investors held Formula Systems (FORTY) as of Q2 2023, down from 11 in Q1 2023.
- Funds reported $2.73M of Formula Systems stock for Q2 2023, up 11% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q2 2023 and 1 closed out, a net change of -1 holder.
- The largest Formula Systems buyer in Q2 2023 was Altshuler Shaham, an estimated $6.92K added.
- The largest Formula Systems seller in Q2 2023 was UBS Group, an estimated $42.8K sold.
Based on aggregated 13F filings for Q2 2023.