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, 3 reducing their positions, and closing their positions.
24% more capital invested
Capital invested by funds: $56.2M → $69.5M (+$13.3M)
0.03% more ownership
Funds ownership: 5.54% → 5.56% (+0.03%)
0% more funds holding
Funds holding: 11 → 11 (0)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
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 |
Morgan Stanley
New York
|
-$211K |
| 3 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$1.67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
1
Clal Insurance
Tel-Aviv,
Israel
| $67.3M | +$1.21M | +16,642 | +2% |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $631K | -$1.67K | -23 | -0.3% |
|
|
GIA
3
GHP Investment Advisors
Denver,
Colorado
| $538K | – | – | – |
|
|
AS
4
Altshuler Shaham
Tel Aviv,
Israel
| $360K | -$713K | -9,843 | -69% |
|
5
Dimensional Fund Advisors
Austin,
Texas
| $320K | – | – | – |
|
|
6
Morgan Stanley
New York
| $225K | -$211K | -2,907 | -50% |
|
7
Bank of America
Charlotte,
North Carolina
| $77.3K | – | – | – |
|
8
BlackRock
New York
| $58.1K | – | – | – |
|
|
PTC
9
Private Trust Company
Cleveland,
Ohio
| $8.3K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $1.24K | +$1.01K | +14 | +700% |
|
11
Fidelity Investments
Boston,
Massachusetts
| $310 | – | – | – |
|
12
Wells Fargo
San Francisco,
California
| $10 | – | – | – |
|
FORTY Hedge Fund Activity: Q1 2024 in Review
11 of the 6,945 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 $56.2M 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 3 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.