Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
33 hedge funds and large institutions have $41.6M invested in Magic Software Enterprises in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 9 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1.45% less ownership
Funds ownership: 12.47% → 11.03% (-1.4%)
11% less capital invested
Capital invested by funds: $46.5M → $41.6M (-$4.9M)
15% less funds holding
Funds holding: 39 → 33 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UC
Unterberg Capital
New York
|
+$1.13M |
| 2 |
State Street
Boston,
Massachusetts
|
+$297K |
| 3 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$154K |
| 4 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$130K |
| 5 |
Bank of New York Mellon
New York
|
+$38.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DG
Delek Group
Herzliya,
Israel
|
-$4.74M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$1.1M |
| 3 |
Renaissance Technologies
New York
|
-$311K |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$242K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $24K | – | – | – |
|
|
HIM
27
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $20K | – | – | – |
|
|
WAP
28
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $12K | +$12.3K | +1,450 | New |
|
29
US Bancorp
Minneapolis,
Minnesota
| $10K | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $9K | -$9 | -1 | -0.1% |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $5K | +$5.11K | +600 | New |
|
|
PCM
32
Prelude Capital Management
New York
| $2K | -$7.73K | -908 | -82% |
|
|
AIM
33
ARK Investment Management
St. Petersburg,
Florida
| – | -$242K | -28,561 | Closed |
|
34
Millennium Management
New York
| – | -$106K | -12,596 | Closed |
|
35
Jane Street
New York
| – | -$104K | -12,378 | Closed |
|
|
TSS
36
Two Sigma Securities
New York
| – | -$93K | -11,049 | Closed |
|
37
Two Sigma Advisers
New York
| – | -$85K | -10,100 | Closed |
|
38
BlackRock
New York
| – | -$8K | -900 | Closed |
|
39
JP Morgan Chase
New York
| – | -$3K | -400 | Closed |
|
|
LTFS
40
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$3K | -314 | Closed |
|
MGIC Hedge Fund Activity: Q1 2018 in Review
33 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q1 2018, worth a combined $41.6M — down 11% from $46.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MGIC and 3 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Unterberg Capital, adding an estimated $1.13M. The largest seller was Delek Group, cutting an estimated $4.74M.
- 33 institutional investors held Magic Software Enterprises (MGIC) as of Q1 2018, down from 39 in Q4 2017.
- Funds reported $41.6M of Magic Software Enterprises stock for Q1 2018, down 11% quarter-over-quarter.
- 3 funds opened new Magic Software Enterprises positions in Q1 2018 and 9 closed out, a net change of -6 holders.
- The largest Magic Software Enterprises buyer in Q1 2018 was Unterberg Capital, an estimated $1.13M added.
- The largest Magic Software Enterprises seller in Q1 2018 was Delek Group, an estimated $4.74M sold.
Based on aggregated 13F filings for Q1 2018.