[SCHEDULE 13G/A] FORMULA SYSTEMS (1985) LTD Amended Passive Investment Disclosure
MEITAV reports 5.35% stake in Formula Systems
MEITAV INVESTMENT HOUSE LTD reports beneficial ownership of 819,837 Ordinary Shares of Formula Systems 1985 Ltd, representing 5.35% of the class as of April 10, 2026.
MEITAV INVESTMENT HOUSE LTD reports beneficial ownership of 819,837 Ordinary Shares of Formula Systems 1985 Ltd, representing 5.35% of the class as of April 10, 2026. The filing states those shares are held across subsidiaries and client accounts, with shared voting and dispositive power totaling 819,837 shares. The report lists three subsidiary holdings by share count and percent of class and clarifies that each subsidiary operates under independent management and disclaims group status.
Positive
None.
Negative
None.
Key Figures
Reported beneficial ownership:819,837 sharesPercent of class:5.35%Shares outstanding:15,332,667 ordinary shares+3 more
6 metrics
Reported beneficial ownership819,837 sharesshared voting and dispositive power reported by MEITAV
Percent of class5.35%percentage of ordinary shares outstanding as of April 10, 2026
Shares outstanding15,332,667 ordinary sharesoutstanding base used for percent calculation as of April 10, 2026
MEITAV Tachlit mutual funds holding246,182 sharesholding reported for MEITAV TACHLIT MUTUAL FUNDS LTD (1.61%) as of April 10, 2026
MEITAV Provident & Pension holding414,635 sharesholding reported for MEITAV PROVIDENT FUNDS & PENSION LTD (2.70%) as of April 10, 2026
MEITAV Portfolio Management holding159,020 sharesholding reported for MEITAV PORTFOLIO MANAGEMENT LTD (1.04%) as of April 10, 2026
"Each of the Subsidiaries operates under independent management and makes its own independent voting"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared dispositive powerregulatory
"Shared Dispositive Power 819,837.00 9 819,837.00"
Section 13(d)regulatory
"shall not be deemed to constitute an admission by either the Filing Person or Subsidiaries that a group exists for purposes of Section 13(d)"
A Section 13(d) filing is a public disclosure required under U.S. securities law when a person or group acquires more than 5% of a company’s registered equity and may influence control. The filer must report who owns the shares, how they were acquired, and any plans or intentions for the company, so the market and other shareholders can see if a large buyer is attempting a takeover or other strategic move. Think of it like a formal announcement that someone has crossed a threshold and is showing their hand.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does MEITAV report in Formula Systems (FORTY)?
MEITAV reports beneficial ownership of 819,837 shares (5.35%). This figure is shown as shared voting and dispositive power and is tied to an April 10, 2026 outstanding base of 15,332,667 ordinary shares as cited in the filing.
How are the 819,837 shares held across MEITAV's subsidiaries?
The filing lists holdings by subsidiary: MEITAV TACHLIT MUTUAL FUNDS LTD 246,182 shares, MEITAV PROVIDENT FUNDS & PENSION LTD 414,635 shares, and MEITAV PORTFOLIO MANAGEMENT LTD 159,020 shares as of April 10, 2026.
Does MEITAV claim sole control over the reported Formula Systems shares?
No. The filing states shared voting and dispositive power of 819,837 shares and explains most holdings are managed by subsidiaries operating under independent management that make their own voting and investment decisions.
Is MEITAV forming a group under Section 13(d) with respect to this stake?
The report explicitly disclaims the existence of any group for purposes of Section 13(d). It also disclaims beneficial ownership in excess of actual pecuniary interest and clarifies subsidiaries manage funds independently.
What is the shares outstanding figure used to calculate the 5.35% stake?
The filing uses 15,332,667 ordinary shares outstanding as of April 10, 2026 (cited from Bloomberg LP) to compute the reported 5.35% ownership percentage for MEITAV's reported position.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 13)
Formula Systems 1985 Ltd
(Name of Issuer)
Ordinary Shares, NIS 0.1 par value
(Title of Class of Securities)
559166103
(CUSIP Number)
04/10/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
559166103
1
Names of Reporting Persons
MEITAV INVESTMENT HOUSE LTD
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
819,837.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
819,837.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
819,837.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.35 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).
Row (11) is based on 15,332,667 Ordinary Shares outstanding as of April 10, 2026 (as reported on Bloomberg LP).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Formula Systems 1985 Ltd
(b)
Address of issuer's principal executive offices:
Terminal Center, 1 Yahadut Canada Street, Or-Yehuda, Israel, 6037501
Item 2.
(a)
Name of person filing:
MEITAV INVESTMENT HOUSE LTD
The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of the MEITAV INVESTMENT HOUSE LTD. (the "Subsidiaries"). Some of the securities reported herein are held by third-party client accounts managed by a subsidiary of the Reporting Person as portfolio managers, which subsidiary operates under independent management and makes independent investment decisions and has no voting power in the securities held in such client accounts. The Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or members of pension or provident funds, unit holders of mutual funds, and portfolio management clients. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.
(b)
Address or principal business office or, if none, residence:
1 Jabotinski, Bene-Beraq, Israel
(c)
Citizenship:
Israel
(d)
Title of class of securities:
Ordinary Shares, NIS 0.1 par value
(e)
CUSIP No.:
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See row 9 of cover page of the reporting person.
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. In addition, 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 of Filing Person and Subsidiaries disclaims beneficial ownership of any such Ordinary Shares.
As of April 10, 2026, the securities reported herein were held as follows:
246,182 ordinary shares (representing 1.61% of the total ordinary shares outstanding) beneficially owned by MEITAV TACHLIT MUTUAL FUNDS LTD.
414,635 ordinary shares (representing 2.70% of the total ordinary shares outstanding) beneficially owned by MEITAV PROVIDENT FUNDS & PENSION LTD.
159,020 ordinary shares (representing 1.04% of the total ordinary shares outstanding) beneficially owned by MEITAV PORTFOLIO MANAGEMENT LTD..
(b)
Percent of class:
See row 11 of cover page of the reporting person
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See row 5 of cover page of each reporting person
(ii) Shared power to vote or to direct the vote:
See row 6 of cover page of each reporting person and note in Item 4(a) above
(iii) Sole power to dispose or to direct the disposition of:
See row 7 of cover page of each reporting person
(iv) Shared power to dispose or to direct the disposition of:
See row 8 of cover page of each reporting person and note in Item 4(a) above
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
