Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
49 hedge funds and large institutions have $93M invested in Magic Software Enterprises in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 8 closing their positions.
23% more call options, than puts
Call options by funds: $38K | Put options by funds: $31K
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
5.73% less ownership
Funds ownership: 19.99% → 14.26% (-5.7%)
8% less funds holding
Funds holding: 53 → 49 (-4)
30% less capital invested
Capital invested by funds: $133M → $93M (-$40.4M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.72M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$844K |
| 3 |
Millennium Management
New York
|
+$599K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$335K |
| 5 |
Citigroup
New York
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$35.7M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$2.49M |
| 3 |
KHLMVGHM
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Tel Aviv,
Israel
|
-$1.82M |
| 4 |
KHLMTHM
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Tel Aviv,
Israel
|
-$705K |
| 5 |
Axa
Paris,
France
|
-$567K |
MGIC Hedge Fund Activity: Q2 2023 in Review
49 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q2 2023, worth a combined $93M — down 30% from $133M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MGIC and 4 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 16 added.
The largest buyer was Bank of Montreal, adding an estimated $1.72M. The largest seller was Harel Insurance Investments & Financial Services, exiting entirely with an estimated $35.7M sold.
- 49 institutional investors held Magic Software Enterprises (MGIC) as of Q2 2023, down from 53 in Q1 2023.
- Funds reported $93M of Magic Software Enterprises stock for Q2 2023, down 30% quarter-over-quarter.
- 4 funds opened new Magic Software Enterprises positions in Q2 2023 and 8 closed out, a net change of -4 holders.
- The largest Magic Software Enterprises buyer in Q2 2023 was Bank of Montreal, an estimated $1.72M added.
- The largest Magic Software Enterprises seller in Q2 2023 was Harel Insurance Investments & Financial Services, an estimated $35.7M sold.
Based on aggregated 13F filings for Q2 2023.