Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
41 hedge funds and large institutions have $48M invested in Magic Software Enterprises in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% less funds holding
Funds holding: 42 → 41 (-1)
5.37% less ownership
Funds ownership: 16.08% → 10.71% (-5.4%)
32% less capital invested
Capital invested by funds: $70.4M → $48M (-$22.5M)
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$2.53M |
| 2 |
Axa
Paris,
France
|
+$268K |
| 3 |
Jane Street
New York
|
+$252K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$203K |
| 5 |
Renaissance Technologies
New York
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$16.6M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$3.58M |
| 3 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$1.66M |
| 4 |
Goldman Sachs
New York
|
-$865K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$458K |
MGIC Hedge Fund Activity: Q3 2019 in Review
41 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q3 2019, worth a combined $48M — down 32% from $70.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MGIC positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 18 trimmed.
The largest buyer was Clal Insurance, adding an estimated $2.53M. The largest seller was Harel Insurance Investments & Financial Services, exiting entirely with an estimated $16.6M sold.
- 41 institutional investors held Magic Software Enterprises (MGIC) as of Q3 2019, down from 42 in Q2 2019.
- Funds reported $48M of Magic Software Enterprises stock for Q3 2019, down 32% quarter-over-quarter.
- 6 funds opened new Magic Software Enterprises positions in Q3 2019 and 5 closed out, a net change of +1 holder.
- The largest Magic Software Enterprises buyer in Q3 2019 was Clal Insurance, an estimated $2.53M added.
- The largest Magic Software Enterprises seller in Q3 2019 was Harel Insurance Investments & Financial Services, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2019.