SCHEDULE: Meitav Investment Holds 5.35% Stake in Formula Systems

Meitav Investment House Ltd. reports a beneficial ownership of 5.35% in Formula Systems 1985 Ltd. ordinary shares as of April 10, 2026.

Summary

• Meitav Investment House Ltd. has disclosed its beneficial ownership of 819,837 ordinary shares of Formula Systems 1985 Ltd.
• This holding represents 5.35% of the company's outstanding ordinary shares.
• The shares are held through various direct or indirect, majority or wholly-owned subsidiaries of Meitav Investment House Ltd.
• Some shares are held in third-party client accounts managed by a subsidiary as portfolio managers, with independent investment decisions.
• The filing is an amendment (Amendment No. 13) to a Schedule 13G.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of ownership and does not provide new financial performance or strategic information.

Positives

• Meitav Investment House Ltd. has a significant stake, indicating confidence or investment strategy in Formula Systems.
• The disclosure is transparent and adheres to regulatory requirements.

Negatives

• The filing does not contain specific financial performance data for Formula Systems, only ownership percentages.

Risks

• Potential for changes in investment strategy by Meitav Investment House Ltd. could impact Formula Systems' share price.
• The disclaimer regarding group existence and beneficial ownership suggests potential complexities in understanding the full extent of control or influence.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding Formula Systems' future performance. It solely reports on ownership.

Management Comments

• "Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions."
• "Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Person or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group."
• "The Filing Person and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein."
• "This Statement shall not be construed as an admission by the Filing Person or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement, and each Filing Person and Subsidiaries disclaims beneficial ownership of any such Ordinary Shares."

Industry Context

StockSavvy.ai notes that significant institutional ownership, as reported by Meitav Investment House Ltd., is a common indicator of investor interest and can influence market perception and liquidity for Formula Systems' ordinary shares.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant ownership can influence investor confidence. The concentration of ownership might also affect market liquidity.
• Management of Formula Systems: Awareness of significant institutional holdings can inform strategic decisions and investor relations efforts.
• Meitav Investment House Ltd.: This filing confirms their investment strategy and holdings in Formula Systems.

Next Steps

• Continued monitoring of Meitav Investment House Ltd.'s ownership stake and any future changes.
• Review of Formula Systems 1985 Ltd.'s financial reports for performance insights.

Key Dates

Keywords

Schedule 13G, Meitav Investment House Ltd, Formula Systems 1985 Ltd, Beneficial Ownership, Ordinary Shares, SEC Filing, Investment Holding