Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
42 hedge funds and large institutions have $70.4M invested in Magic Software Enterprises in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
11% more capital invested
Capital invested by funds: $63.2M → $70.4M (+$7.19M)
11% more funds holding
Funds holding: 38 → 42 (+4)
0.59% more ownership
Funds ownership: 15.48% → 16.08% (+0.59%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$1.31M |
| 2 |
Goldman Sachs
New York
|
+$861K |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$676K |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$599K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$728K |
| 2 |
DG
Delek Group
Herzliya,
Israel
|
-$410K |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$247K |
| 4 |
Jane Street
New York
|
-$186K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$152K |
MGIC Hedge Fund Activity: Q2 2019 in Review
42 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q2 2019, worth a combined $70.4M — up 11% from $63.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MGIC positions and 4 closed out — a net gain of 4 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Sphera Funds Management, adding an estimated $1.31M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $728K sold.
- 42 institutional investors held Magic Software Enterprises (MGIC) as of Q2 2019, up from 38 in Q1 2019.
- Funds reported $70.4M of Magic Software Enterprises stock for Q2 2019, up 11% quarter-over-quarter.
- 8 funds opened new Magic Software Enterprises positions in Q2 2019 and 4 closed out, a net change of +4 holders.
- The largest Magic Software Enterprises buyer in Q2 2019 was Sphera Funds Management, an estimated $1.31M added.
- The largest Magic Software Enterprises seller in Q2 2019 was Bank of New York Mellon, an estimated $728K sold.
Based on aggregated 13F filings for Q2 2019.