Formula Systems
FORTY
11 hedge funds and large institutions have $69.5M invested in Formula Systems in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and closing their positions.
24% more capital invested
Capital invested by funds: $56M → $69.5M (+$13.5M)
0.04% more ownership
Funds ownership: 5.53% → 5.57% (+0.04%)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$1.21M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$713K |
| 2 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$1.67K |
FORTY Hedge Fund Activity: Q1 2024 in Review
11 of the 6,961 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q1 2024, worth a combined $69.5M — up 24% from $56M a quarter earlier.
Fund positioning in FORTY was balanced in Q1 2024: 0 funds opened new positions, 0 closed out, 2 added to existing stakes and 2 trimmed.
The largest buyer was Clal Insurance, adding an estimated $1.21M. The largest seller was Altshuler Shaham, cutting an estimated $713K.
- 11 institutional investors held Formula Systems (FORTY) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $69.5M of Formula Systems stock for Q1 2024, up 24% quarter-over-quarter.
- 0 funds opened new Formula Systems positions in Q1 2024 and 0 closed out.
- The largest Formula Systems buyer in Q1 2024 was Clal Insurance, an estimated $1.21M added.
- The largest Formula Systems seller in Q1 2024 was Altshuler Shaham, an estimated $713K sold.
Based on aggregated 13F filings for Q1 2024.