Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
51 hedge funds and large institutions have $64.6M invested in Magic Software Enterprises in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 7 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
22% more capital invested
Capital invested by funds: $53.1M → $64.6M (+$11.5M)
13% more funds holding
Funds holding: 45 → 51 (+6)
5.81% more ownership
Funds ownership: 10.63% → 16.44% (+5.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$24.5M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$899K |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$761K |
| 4 |
Axa
Paris,
France
|
+$731K |
| 5 |
Renaissance Technologies
New York
|
+$547K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$529K |
| 2 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$381K |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$284K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$269K |
| 5 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$169K |
MGIC Hedge Fund Activity: Q1 2020 in Review
51 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q1 2020, worth a combined $64.6M — up 22% from $53.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MGIC positions and 7 closed out — a net gain of 7 holders — while 19 added to existing stakes and 9 trimmed.
The largest buyer was Clal Insurance, adding an estimated $24.5M. The largest seller was Segall Bryant & Hamill, exiting entirely with an estimated $529K sold.
- 51 institutional investors held Magic Software Enterprises (MGIC) as of Q1 2020, up from 45 in Q4 2019.
- Funds reported $64.6M of Magic Software Enterprises stock for Q1 2020, up 22% quarter-over-quarter.
- 14 funds opened new Magic Software Enterprises positions in Q1 2020 and 7 closed out, a net change of +7 holders.
- The largest Magic Software Enterprises buyer in Q1 2020 was Clal Insurance, an estimated $24.5M added.
- The largest Magic Software Enterprises seller in Q1 2020 was Segall Bryant & Hamill, an estimated $529K sold.
Based on aggregated 13F filings for Q1 2020.