Magic Software Enterprises
MGIC
MGIC was delisted on the 23rd of February, 2026.
68 hedge funds and large institutions have $79M invested in Magic Software Enterprises in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
10% more funds holding
Funds holding: 62 → 68 (+6)
0.84% less ownership
Funds ownership: 14.39% → 13.55% (-0.84%)
16% less capital invested
Capital invested by funds: $93.5M → $79M (-$14.5M)
73% less call options, than puts
Call options by funds: $61K | Put options by funds: $228K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.53M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.07M |
| 3 |
II
Inspire Investing
Meridian,
Idaho
|
+$809K |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$529K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.28M |
| 2 |
Goldman Sachs
New York
|
-$1.5M |
| 3 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$886K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$751K |
| 5 |
Millennium Management
New York
|
-$317K |
MGIC Hedge Fund Activity: Q3 2024 in Review
68 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Magic Software Enterprises (MGIC) for Q3 2024, worth a combined $79M — down 16% from $93.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MGIC positions and 6 closed out — a net gain of 6 holders — while 18 added to existing stakes and 15 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $1.53M. The largest seller was Wellington Management Group, exiting entirely with an estimated $5.28M sold.
- 68 institutional investors held Magic Software Enterprises (MGIC) as of Q3 2024, up from 62 in Q2 2024.
- Funds reported $79M of Magic Software Enterprises stock for Q3 2024, down 16% quarter-over-quarter.
- 12 funds opened new Magic Software Enterprises positions in Q3 2024 and 6 closed out, a net change of +6 holders.
- The largest Magic Software Enterprises buyer in Q3 2024 was Assenagon Asset Management, an estimated $1.53M added.
- The largest Magic Software Enterprises seller in Q3 2024 was Wellington Management Group, an estimated $5.28M sold.
Based on aggregated 13F filings for Q3 2024.