Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
39 hedge funds and large institutions have $46.5M invested in Magic Software Enterprises in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
34% more funds holding
Funds holding: 29 → 39 (+10)
29% more capital invested
Capital invested by funds: $36M → $46.5M (+$10.6M)
3.19% more ownership
Funds ownership: 9.28% → 12.47% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$1.03M |
| 2 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$578K |
| 3 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$457K |
| 4 |
UC
Unterberg Capital
New York
|
+$325K |
| 5 |
Renaissance Technologies
New York
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$3.03M |
| 2 |
Jane Street
New York
|
-$336K |
| 3 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$24K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$8.58K |
MGIC Hedge Fund Activity: Q4 2017 in Review
39 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q4 2017, worth a combined $46.5M — up 29% from $36M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MGIC positions and 2 closed out — a net gain of 10 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Clal Insurance, adding an estimated $1.03M. The largest seller was Denver Investment Advisors, cutting an estimated $3.03M.
- 39 institutional investors held Magic Software Enterprises (MGIC) as of Q4 2017, up from 29 in Q3 2017.
- Funds reported $46.5M of Magic Software Enterprises stock for Q4 2017, up 29% quarter-over-quarter.
- 12 funds opened new Magic Software Enterprises positions in Q4 2017 and 2 closed out, a net change of +10 holders.
- The largest Magic Software Enterprises buyer in Q4 2017 was Clal Insurance, an estimated $1.03M added.
- The largest Magic Software Enterprises seller in Q4 2017 was Denver Investment Advisors, an estimated $3.03M sold.
Based on aggregated 13F filings for Q4 2017.