Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
30 hedge funds and large institutions have $31.8M invested in Magic Software Enterprises in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 6 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
1.23% less ownership
Funds ownership: 10.22% → 8.99% (-1.2%)
3% less funds holding
Funds holding: 31 → 30 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
20% less capital invested
Capital invested by funds: $39.7M → $31.8M (-$7.86M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$8.8M |
| 2 |
Bank of New York Mellon
New York
|
+$543K |
| 3 |
Jane Street
New York
|
+$423K |
| 4 |
Renaissance Technologies
New York
|
+$319K |
| 5 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UC
Unterberg Capital
New York
|
-$9.51M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$5.29M |
| 3 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$4.23M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$173K |
| 5 |
Two Sigma Advisers
New York
|
-$79K |
MGIC Hedge Fund Activity: Q2 2017 in Review
30 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q2 2017, worth a combined $31.8M — down 20% from $39.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MGIC and 5 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 16 added.
The largest buyer was Clal Insurance, adding an estimated $8.8M. The largest seller was Unterberg Capital, exiting entirely with an estimated $9.51M sold.
- 30 institutional investors held Magic Software Enterprises (MGIC) as of Q2 2017, down from 31 in Q1 2017.
- Funds reported $31.8M of Magic Software Enterprises stock for Q2 2017, down 20% quarter-over-quarter.
- 5 funds opened new Magic Software Enterprises positions in Q2 2017 and 6 closed out, a net change of -1 holder.
- The largest Magic Software Enterprises buyer in Q2 2017 was Clal Insurance, an estimated $8.8M added.
- The largest Magic Software Enterprises seller in Q2 2017 was Unterberg Capital, an estimated $9.51M sold.
Based on aggregated 13F filings for Q2 2017.