Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
29 hedge funds and large institutions have $36M invested in Magic Software Enterprises in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 7 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
13% more capital invested
Capital invested by funds: $31.8M → $36M (+$4.16M)
0.29% more ownership
Funds ownership: 8.99% → 9.28% (+0.29%)
3% less funds holding
Funds holding: 30 → 29 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$1.09M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$482K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$113K |
| 4 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$111K |
| 5 |
Renaissance Technologies
New York
|
+$95.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$419K |
| 2 |
Jane Street
New York
|
-$192K |
| 3 |
Goldman Sachs
New York
|
-$149K |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$145K |
| 5 |
Morgan Stanley
New York
|
-$131K |
MGIC Hedge Fund Activity: Q3 2017 in Review
29 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q3 2017, worth a combined $36M — up 13% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MGIC and 6 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 12 added.
The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $1.09M. The largest seller was Denver Investment Advisors, cutting an estimated $419K.
- 29 institutional investors held Magic Software Enterprises (MGIC) as of Q3 2017, down from 30 in Q2 2017.
- Funds reported $36M of Magic Software Enterprises stock for Q3 2017, up 13% quarter-over-quarter.
- 6 funds opened new Magic Software Enterprises positions in Q3 2017 and 7 closed out, a net change of -1 holder.
- The largest Magic Software Enterprises buyer in Q3 2017 was Harel Insurance Investments & Financial Services, an estimated $1.09M added.
- The largest Magic Software Enterprises seller in Q3 2017 was Denver Investment Advisors, an estimated $419K sold.
Based on aggregated 13F filings for Q3 2017.