Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
53 hedge funds and large institutions have $133M invested in Magic Software Enterprises in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 8 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
2.33% more ownership
Funds ownership: 17.66% → 19.99% (+2.3%)
4% less capital invested
Capital invested by funds: $139M → $133M (-$5.25M)
10% less funds holding
Funds holding: 59 → 53 (-6)
23% less call options, than puts
Call options by funds: $72K | Put options by funds: $93K
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$15.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.74M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$1.52M |
| 4 |
Goldman Sachs
New York
|
+$1.37M |
| 5 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$794K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$2.18M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$2.06M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.98M |
| 4 |
Man Group
London,
United Kingdom
|
-$536K |
| 5 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$514K |
MGIC Hedge Fund Activity: Q1 2023 in Review
53 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q1 2023, worth a combined $133M — down 3.8% from $139M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MGIC and 2 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was Clal Insurance, adding an estimated $15.3M. The largest seller was ARK Investment Management, exiting entirely with an estimated $2.18M sold.
- 53 institutional investors held Magic Software Enterprises (MGIC) as of Q1 2023, down from 59 in Q4 2022.
- Funds reported $133M of Magic Software Enterprises stock for Q1 2023, down 3.8% quarter-over-quarter.
- 2 funds opened new Magic Software Enterprises positions in Q1 2023 and 8 closed out, a net change of -6 holders.
- The largest Magic Software Enterprises buyer in Q1 2023 was Clal Insurance, an estimated $15.3M added.
- The largest Magic Software Enterprises seller in Q1 2023 was ARK Investment Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q1 2023.