Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
62 hedge funds and large institutions have $93.5M invested in Magic Software Enterprises in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $82.5M → $93.5M (+$10.9M)
9% more funds holding
Funds holding: 57 → 62 (+5)
0.24% less ownership
Funds ownership: 14.63% → 14.39% (-0.24%)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
89% less call options, than puts
Call options by funds: $77K | Put options by funds: $726K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YDMI
Y.D. More Investments
Ramat Gan,
Israel
|
+$1.67M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$737K |
| 3 |
UBS AM
Chicago,
Illinois
|
+$344K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$333K |
| 5 |
Goldman Sachs
New York
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.52M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$926K |
| 3 |
Bank of New York Mellon
New York
|
-$856K |
| 4 |
Jane Street
New York
|
-$570K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$306K |
MGIC Hedge Fund Activity: Q2 2024 in Review
62 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q2 2024, worth a combined $93.5M — up 13% from $82.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MGIC positions and 6 closed out — a net gain of 6 holders — while 11 added to existing stakes and 20 trimmed.
The largest buyer was Y.D. More Investments, opening a new position worth an estimated $1.67M. The largest seller was Wellington Management Group, cutting an estimated $1.52M.
- 62 institutional investors held Magic Software Enterprises (MGIC) as of Q2 2024, up from 57 in Q1 2024.
- Funds reported $93.5M of Magic Software Enterprises stock for Q2 2024, up 13% quarter-over-quarter.
- 12 funds opened new Magic Software Enterprises positions in Q2 2024 and 6 closed out, a net change of +6 holders.
- The largest Magic Software Enterprises buyer in Q2 2024 was Y.D. More Investments, an estimated $1.67M added.
- The largest Magic Software Enterprises seller in Q2 2024 was Wellington Management Group, an estimated $1.52M sold.
Based on aggregated 13F filings for Q2 2024.