Formula Systems
FORTY
15 hedge funds and large institutions have $144M invested in Formula Systems in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 1 closing their positions.
21% more capital invested
Capital invested by funds: $118M → $144M (+$25.2M)
0.01% more ownership
Funds ownership: 5.54% → 5.54% (+0.01%)
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$254K |
| 2 |
SAM
Smartleaf Asset Management
Boston,
Massachusetts
|
+$308 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
CX Institutional
Auburn,
Indiana
|
-$105K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$16.3K |
| 3 |
PS
Principal Securities
Des Moines,
Iowa
|
-$9.96K |
| 4 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
-$1.69K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.08K |
FORTY Hedge Fund Activity: Q4 2025 in Review
15 of the 8,238 institutional investors tracked by Wall St. Rank reported a position in Formula Systems (FORTY) for Q4 2025, worth a combined $144M — up 21% from $118M a quarter earlier.
Fund positioning in FORTY was balanced in Q4 2025: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 6 trimmed.
The largest buyer was Altshuler Shaham, adding an estimated $254K. The largest seller was CX Institutional, cutting an estimated $105K.
- 15 institutional investors held Formula Systems (FORTY) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $144M of Formula Systems stock for Q4 2025, up 21% quarter-over-quarter.
- 1 fund opened new Formula Systems positions in Q4 2025 and 1 closed out, a net change of 0 holders.
- The largest Formula Systems buyer in Q4 2025 was Altshuler Shaham, an estimated $254K added.
- The largest Formula Systems seller in Q4 2025 was CX Institutional, an estimated $105K sold.
Based on aggregated 13F filings for Q4 2025.