Formula Systems
FORTY
14 hedge funds and large institutions have $71.6M invested in Formula Systems in 2024 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
17% more funds holding
Funds holding: 12 → 14 (+2)
4% more capital invested
Capital invested by funds: $68.9M → $71.6M (+$2.75M)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
0.02% less ownership
Funds ownership: 5.59% → 5.57% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$37.8K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$20.7K |
| 3 |
PS
Principal Securities
Des Moines,
Iowa
|
+$5.97K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$168 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$222K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$27K |
| 3 |
TA
TFG Advisers
Auburn Hills,
Michigan
|
-$9.67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
1
Clal Insurance
Tel-Aviv,
Israel
| $69.2M | – | – | – |
|
|
TA
2
TFG Advisers
Auburn Hills,
Michigan
| $589K | -$9.67K | -115 | -2% |
|
|
GIA
3
GHP Investment Advisors
Denver,
Colorado
| $565K | – | – | – |
|
|
AS
4
Altshuler Shaham
Tel Aviv,
Israel
| $536K | +$37.8K | +450 | +8% |
|
|
5
Dimensional Fund Advisors
Austin,
Texas
| $305K | -$27K | -321 | -8% |
|
6
Morgan Stanley
New York
| $228K | – | – | – |
|
7
Bank of America
Charlotte,
North Carolina
| $81.1K | – | – | – |
|
8
BlackRock
New York
| $55.2K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| $40.2K | +$20.7K | +246 | +98% |
|
10
RhumbLine Advisers
Boston,
Massachusetts
| $9.47K | – | – | – |
|
11
BNP Paribas Financial Markets
Paris,
France
| $8.11K | – | – | – |
|
|
PS
12
Principal Securities
Des Moines,
Iowa
| $5.76K | +$5.97K | +71 | New |
|
|
SS
13
SBI Securities
Tokyo,
Japan
| $890 | +$841 | +10 | New |
|
|
14
Osaic Holdings
Scottsdale,
Arizona
| $162 | +$168 | +2 | New |
|
15
Wells Fargo
San Francisco,
California
| $11 | – | – | – |
|
|
16
Jane Street
New York
| – | -$222K | -2,772 | Closed |
|
FORTY Hedge Fund Activity: Q4 2024 in Review
14 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q4 2024, worth a combined $71.6M — up 4% from $68.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FORTY positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Altshuler Shaham, adding an estimated $37.8K. The largest seller was Jane Street, exiting entirely with an estimated $222K sold.
- 14 institutional investors held Formula Systems (FORTY) as of Q4 2024, up from 12 in Q3 2024.
- Funds reported $71.6M of Formula Systems stock for Q4 2024, up 4% quarter-over-quarter.
- 3 funds opened new Formula Systems positions in Q4 2024 and 1 closed out, a net change of +2 holders.
- The largest Formula Systems buyer in Q4 2024 was Altshuler Shaham, an estimated $37.8K added.
- The largest Formula Systems seller in Q4 2024 was Jane Street, an estimated $222K sold.
Based on aggregated 13F filings for Q4 2024.