Formula Systems
FORTY
12 hedge funds and large institutions have $68.9M invested in Formula Systems in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
13% more capital invested
Capital invested by funds: $60.9M → $68.9M (+$7.96M)
0.01% more ownership
Funds ownership: 5.58% → 5.59% (+0.01%)
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$212K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.11K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$59.3K |
| 2 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$15.7K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.02K |
| 4 |
Morgan Stanley
New York
|
-$7.65K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$285 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
1
Clal Insurance
Tel-Aviv,
Israel
| $66.3M | – | – | – |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $590K | -$15.7K | -205 | -3% |
|
|
GIA
3
GHP Investment Advisors
Denver,
Colorado
| $557K | – | – | – |
|
|
AS
4
Altshuler Shaham
Tel Aviv,
Israel
| $477K | -$59.3K | -776 | -12% |
|
|
5
Dimensional Fund Advisors
Austin,
Texas
| $317K | -$9.02K | -118 | -3% |
|
|
6
Morgan Stanley
New York
| $225K | -$7.65K | -100 | -3% |
|
|
7
Jane Street
New York
| $222K | +$212K | +2,772 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $80K | – | – | – |
|
9
BlackRock
New York
| $54.4K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $20K | +$8.11K | +106 | +74% |
|
11
RhumbLine Advisers
Boston,
Massachusetts
| $9.04K | – | – | – |
|
|
12
BNP Paribas Financial Markets
Paris,
France
| $8K | +$7.65K | +100 | New |
|
13
Wells Fargo
San Francisco,
California
| $10 | – | – | – |
|
|
14
Fidelity Investments
Boston,
Massachusetts
| – | -$285 | -4 | Closed |
|
|
BTI
15
Blue Trust Inc
Alpharetta,
Georgia
| – | -$155 | -2 | Closed |
|
FORTY Hedge Fund Activity: Q3 2024 in Review
12 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q3 2024, worth a combined $68.9M — up 13% from $60.9M a quarter earlier.
Fund positioning in FORTY was balanced in Q3 2024: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $212K. The largest seller was Altshuler Shaham, cutting an estimated $59.3K.
- 12 institutional investors held Formula Systems (FORTY) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $68.9M of Formula Systems stock for Q3 2024, up 13% quarter-over-quarter.
- 2 funds opened new Formula Systems positions in Q3 2024 and 2 closed out, a net change of 0 holders.
- The largest Formula Systems buyer in Q3 2024 was Jane Street, an estimated $212K added.
- The largest Formula Systems seller in Q3 2024 was Altshuler Shaham, an estimated $59.3K sold.
Based on aggregated 13F filings for Q3 2024.