Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
52 hedge funds and large institutions have $89.7M invested in Magic Software Enterprises in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 9 closing their positions.
39% more capital invested
Capital invested by funds: $64.6M → $89.7M (+$25.2M)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding
Funds holding: 52 → 52 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0.18% less ownership
Funds ownership: 16.44% → 16.27% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$480K |
| 2 |
State Street
Boston,
Massachusetts
|
+$411K |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$193K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$178K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$749K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$498K |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$225K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$220K |
| 5 |
PTC
Petrus Trust Company
Dallas,
Texas
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
51
Petrus Trust Company
Dallas,
Texas
| – | -$183K | -22,808 | Closed |
|
|
DCM
52
Driehaus Capital Management
Chicago,
Illinois
| – | -$175K | -21,759 | Closed |
|
53
Goldman Sachs
New York
| – | -$122K | -15,161 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$114K | -14,121 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$103K | -12,778 | Closed |
|
|
CCM
56
Copeland Capital Management
Conshohocken,
Pennsylvania
| – | -$14K | -1,788 | Closed |
|
|
GWM
57
Geneos Wealth Management
Englewood,
Colorado
| – | -$11K | -1,500 | Closed |
|
|
FGAM
58
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$507 | -63 | Closed |
|
59
Osaic Holdings
Scottsdale,
Arizona
| – | +$39 | +4 | +19% |
|
MGIC Hedge Fund Activity: Q2 2020 in Review
52 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q2 2020, worth a combined $89.7M — up 39% from $64.6M a quarter earlier.
Fund positioning in MGIC was balanced in Q2 2020: 9 funds opened new positions, 9 closed out, 16 added to existing stakes and 15 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $480K. The largest seller was Meitav Investment House, cutting an estimated $749K.
- 52 institutional investors held Magic Software Enterprises (MGIC) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $89.7M of Magic Software Enterprises stock for Q2 2020, up 39% quarter-over-quarter.
- 9 funds opened new Magic Software Enterprises positions in Q2 2020 and 9 closed out, a net change of 0 holders.
- The largest Magic Software Enterprises buyer in Q2 2020 was Citadel Advisors, an estimated $480K added.
- The largest Magic Software Enterprises seller in Q2 2020 was Meitav Investment House, an estimated $749K sold.
Based on aggregated 13F filings for Q2 2020.