Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
57 hedge funds and large institutions have $82.5M invested in Magic Software Enterprises in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
6% more funds holding
Funds holding: 54 → 57 (+3)
4.69% less ownership
Funds ownership: 19.32% → 14.63% (-4.7%)
11% less capital invested
Capital invested by funds: $92.8M → $82.5M (-$10.3M)
74% less call options, than puts
Call options by funds: $242K | Put options by funds: $915K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$2.11M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.73M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$558K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$518K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$25.4M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$526K |
| 3 |
YLHM
Yelin Lapidot Holdings Management
Tel Aviv,
Israel
|
-$469K |
| 4 |
Millennium Management
New York
|
-$424K |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$422K |
MGIC Hedge Fund Activity: Q1 2024 in Review
57 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q1 2024, worth a combined $82.5M — down 11% from $92.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MGIC positions and 6 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was ARK Investment Management, opening a new position worth an estimated $2.11M. The largest seller was Harel Insurance Investments & Financial Services, exiting entirely with an estimated $25.4M sold.
- 57 institutional investors held Magic Software Enterprises (MGIC) as of Q1 2024, up from 54 in Q4 2023.
- Funds reported $82.5M of Magic Software Enterprises stock for Q1 2024, down 11% quarter-over-quarter.
- 9 funds opened new Magic Software Enterprises positions in Q1 2024 and 6 closed out, a net change of +3 holders.
- The largest Magic Software Enterprises buyer in Q1 2024 was ARK Investment Management, an estimated $2.11M added.
- The largest Magic Software Enterprises seller in Q1 2024 was Harel Insurance Investments & Financial Services, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2024.