Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
52 hedge funds and large institutions have $89.7M invested in Magic Software Enterprises in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 8 closing their positions.
39% more capital invested
Capital invested by funds: $64.6M → $89.7M (+$25.2M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 51 → 52 (+1)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.18% less ownership
Funds ownership: 16.44% → 16.27% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$480K |
| 2 |
State Street
Boston,
Massachusetts
|
+$411K |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$193K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$178K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$749K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$498K |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$225K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$220K |
| 5 |
PTC
Petrus Trust Company
Dallas,
Texas
|
-$183K |
MGIC Hedge Fund Activity: Q2 2020 in Review
52 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q2 2020, worth a combined $89.7M — up 39% from $64.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MGIC positions and 8 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $480K. The largest seller was Meitav Investment House, cutting an estimated $749K.
- 52 institutional investors held Magic Software Enterprises (MGIC) as of Q2 2020, up from 51 in Q1 2020.
- Funds reported $89.7M of Magic Software Enterprises stock for Q2 2020, up 39% quarter-over-quarter.
- 9 funds opened new Magic Software Enterprises positions in Q2 2020 and 8 closed out, a net change of +1 holder.
- The largest Magic Software Enterprises buyer in Q2 2020 was Citadel Advisors, an estimated $480K added.
- The largest Magic Software Enterprises seller in Q2 2020 was Meitav Investment House, an estimated $749K sold.
Based on aggregated 13F filings for Q2 2020.