Sapiens International
SPNS
SPNS was delisted on the 16th of December, 2025.
69 hedge funds and large institutions have $160M invested in Sapiens International in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 11 closing their positions.
203% more capital invested
Capital invested by funds: $52.7M → $160M (+$107M)
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
21% more funds holding
Funds holding: 57 → 69 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$85.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.43M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.02M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.81M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Diker Management
New York
|
-$4.47M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$910K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$776K |
| 4 |
IAM
Ion Asset Management
Herzliya,
Israel
|
-$644K |
| 5 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$108K | -10,360 | Closed |
|
|
FMA
77
FNY Managed Accounts
New York
| – | -$20.8K | -2,000 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$19K | -1,873 | Closed |
|
79
Invesco
Atlanta,
Georgia
| – | -$7K | -680 | Closed |
|
|
AGM
80
Alpine Global Management
New York
| – | -$1K | -94 | Closed |
|
SPNS Hedge Fund Activity: Q3 2015 in Review
69 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Sapiens International (SPNS) for Q3 2015, worth a combined $160M — up 203% from $52.7M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SPNS positions and 11 closed out — a net gain of 12 holders — while 17 added to existing stakes and 20 trimmed.
The largest buyer was Freedom Investment Management, opening a new position worth an estimated $85.8M. The largest seller was Diker Management, cutting an estimated $4.47M.
- 69 institutional investors held Sapiens International (SPNS) as of Q3 2015, up from 57 in Q2 2015.
- Funds reported $160M of Sapiens International stock for Q3 2015, up 203% quarter-over-quarter.
- 23 funds opened new Sapiens International positions in Q3 2015 and 11 closed out, a net change of +12 holders.
- The largest Sapiens International buyer in Q3 2015 was Freedom Investment Management, an estimated $85.8M added.
- The largest Sapiens International seller in Q3 2015 was Diker Management, an estimated $4.47M sold.
Based on aggregated 13F filings for Q3 2015.