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Fortinet

592 hedge funds and large institutions have $12B invested in Fortinet in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 195 increasing their positions, 238 reducing their positions, and 95 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

9% less call options, than puts

Call options by funds: $61.4M | Put options by funds: $67.2M

5% less funds holding

Funds holding: 620592 (-28)

9% less capital invested

Capital invested by funds: $13.1B → $12B (-$1.14B)

16.17% less ownership

Funds ownership: 359.64%343.46% (-16%)

18% less repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 238

26% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 95

Holders
592
Holders Change
-28
Holders Change %
-4.52%
% of All Funds
13.05%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.31%
New
70
Increased
195
Reduced
238
Closed
95
Calls
$61.4M
Puts
$67.2M
Net Calls
-$5.8M
Net Calls Change
+$7.27M
Name Holding Trade Value Shares
Change
Change in
Stake
PFS
326
Prospera Financial Services
Texas
$785K +$831K +38,770 New
SCM
327
Shelton Capital Management
Colorado
$773K
MCM
328
MAI Capital Management
Ohio
$772K +$817K +38,130 New
GC
329
Globeflex Capital
California
$756K
NMIMC
330
Northwestern Mutual Investment Management Company
Wisconsin
$751K +$205K +9,570 +35%
SG Americas Securities
331
SG Americas Securities
New York
$750K -$377K -17,615 -32%
SI
332
Shaker Investments
Ohio
$749K
AIP
333
Ameritas Investment Partners
Nebraska
$745K
SPIA
334
Steward Partners Investment Advisory
New York
$739K +$203K +9,480 +35%
FHA
335
Flagship Harbor Advisors
Massachusetts
$721K +$8.68K +405 +1%
LSA
336
L & S Advisors
California
$716K +$218K +10,150 +40%
TC
337
Telemus Capital
Michigan
$708K -$54.4K -2,540 -9%
WIC
338
Wilkins Investment Counsel
Massachusetts
$708K +$13.4K +625 +2%
CWM
339
Cordatus Wealth Management
Pennsylvania
$690K +$731K +34,120 New
SRAM
340
Stone Ridge Asset Management
New York
$678K +$85.7K +4,000 +14%
WEC
341
Winslow Evans & Crocker
Massachusetts
$668K +$403K +18,800 +132%
Daiwa Securities Group
342
Daiwa Securities Group
Japan
$658K +$37.5K +1,750 +6%
Wealthfront Advisers
343
Wealthfront Advisers
California
$657K -$38.5K -1,795 -5%
Thrivent Financial for Lutherans
344
Thrivent Financial for Lutherans
Minnesota
$655K
VanEck Associates
345
VanEck Associates
New York
$650K +$63.6K +2,970 +10%
M&T Bank
346
M&T Bank
New York
$635K -$32.8K -1,530 -5%
LSERS
347
Louisiana State Employees Retirement System
Louisiana
$607K -$75K -3,500 -10%
CMANY
348
Capital Management Associates (New York)
New York
$607K +$643K +30,000 New
JWS
349
Juncture Wealth Strategies
Arizona
$593K -$129K -6,025 -17%
Creative Planning
350
Creative Planning
Kansas
$590K +$26.4K +1,230 +4%

FTNT Hedge Fund Activity: Q1 2020 in Review

592 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2020, worth a combined $12B — down 8.7% from $13.1B a quarter earlier.

Sellers outnumbered buyers: 95 funds closed out of FTNT and 70 opened new positions — a net loss of 25 holders — while 238 trimmed existing stakes and 195 added.

The largest buyer was Whale Rock Capital Management, adding an estimated $100M. The largest seller was Two Sigma Investments, cutting an estimated $128M.

  • 592 institutional investors held Fortinet (FTNT) as of Q1 2020, down from 620 in Q4 2019.
  • Funds reported $12B of Fortinet stock for Q1 2020, down 8.7% quarter-over-quarter.
  • 70 funds opened new Fortinet positions in Q1 2020 and 95 closed out, a net change of -25 holders.
  • The largest Fortinet buyer in Q1 2020 was Whale Rock Capital Management, an estimated $100M added.
  • The largest Fortinet seller in Q1 2020 was Two Sigma Investments, an estimated $128M sold.

Based on aggregated 13F filings for Q1 2020.