Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
45 hedge funds and large institutions have $53.1M invested in Magic Software Enterprises in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
11% more capital invested
Capital invested by funds: $48M → $53.1M (+$5.14M)
10% more funds holding
Funds holding: 41 → 45 (+4)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
0.07% less ownership
Funds ownership: 10.71% → 10.63% (-0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$23M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$1.22M |
| 3 |
Renaissance Technologies
New York
|
+$488K |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$373K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$25.9M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$327K |
| 3 |
Jane Street
New York
|
-$108K |
| 4 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$92.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$80.4K |
MGIC Hedge Fund Activity: Q4 2019 in Review
45 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q4 2019, worth a combined $53.1M — up 11% from $48M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MGIC positions and 2 closed out — a net gain of 4 holders — while 15 added to existing stakes and 15 trimmed.
The largest buyer was Harel Insurance Investments & Financial Services, opening a new position worth an estimated $23M. The largest seller was Clal Insurance, cutting an estimated $25.9M.
- 45 institutional investors held Magic Software Enterprises (MGIC) as of Q4 2019, up from 41 in Q3 2019.
- Funds reported $53.1M of Magic Software Enterprises stock for Q4 2019, up 11% quarter-over-quarter.
- 6 funds opened new Magic Software Enterprises positions in Q4 2019 and 2 closed out, a net change of +4 holders.
- The largest Magic Software Enterprises buyer in Q4 2019 was Harel Insurance Investments & Financial Services, an estimated $23M added.
- The largest Magic Software Enterprises seller in Q4 2019 was Clal Insurance, an estimated $25.9M sold.
Based on aggregated 13F filings for Q4 2019.