Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
38 hedge funds and large institutions have $63.2M invested in Magic Software Enterprises in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 9 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $58M → $63.2M (+$5.27M)
0.31% less ownership
Funds ownership: 15.79% → 15.48% (-0.31%)
7% less funds holding
Funds holding: 41 → 38 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DG
Delek Group
Herzliya,
Israel
|
+$616K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$488K |
| 3 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$323K |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$227K |
| 5 |
Renaissance Technologies
New York
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$1.29M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$626K |
| 3 |
RQS
Ramsey Quantitative Systems
Louisville,
Kentucky
|
-$431K |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$414K |
| 5 |
State Street
Boston,
Massachusetts
|
-$270K |
MGIC Hedge Fund Activity: Q1 2019 in Review
38 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q1 2019, worth a combined $63.2M — up 9.1% from $58M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MGIC and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Delek Group, adding an estimated $616K. The largest seller was Meitav Investment House, cutting an estimated $1.29M.
- 38 institutional investors held Magic Software Enterprises (MGIC) as of Q1 2019, down from 41 in Q4 2018.
- Funds reported $63.2M of Magic Software Enterprises stock for Q1 2019, up 9.1% quarter-over-quarter.
- 6 funds opened new Magic Software Enterprises positions in Q1 2019 and 9 closed out, a net change of -3 holders.
- The largest Magic Software Enterprises buyer in Q1 2019 was Delek Group, an estimated $616K added.
- The largest Magic Software Enterprises seller in Q1 2019 was Meitav Investment House, an estimated $1.29M sold.
Based on aggregated 13F filings for Q1 2019.