Fortinet
FTNT
356 hedge funds and large institutions have $5.11B invested in Fortinet in 2015 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 132 increasing their positions, 120 reducing their positions, and 32 closing their positions.
136% more call options, than puts
Call options by funds: $107M | Put options by funds: $45.4M
116% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 32
11% more funds holding
Funds holding: 322 → 356 (+34)
10% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 120
3% more capital invested
Capital invested by funds: $4.96B → $5.11B (+$151M)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$97.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$76.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$65.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$71.3M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$65.8M |
| 3 |
Jennison Associates
New York
|
-$53.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$41.4M |
| 5 |
CCI
Columbus Circle Investors
|
-$37.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
H
376
Hexavest
Montreal,
Quebec, Canada
| – | -$284K | -34,390 | Closed |
|
377
HighTower Advisors
Chicago,
Illinois
| – | -$267K | -32,255 | Closed |
|
|
CA
378
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$208K | -25,130 | Closed |
|
|
PA
379
Pinnacle Associates
New York
| – | -$207K | -24,985 | Closed |
|
|
PC
380
Polar Capital
London,
United Kingdom
| – | -$204K | -24,640 | Closed |
|
|
FAAS
381
First Allied Advisory Services
San Diego,
California
| – | -$200K | -23,975 | Closed |
|
|
SPM
382
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$111K | -12,500 | Closed |
|
|
PHK
383
Point72 Hong Kong
Hong Kong
| – | -$26K | -3,195 | Closed |
|
384
Simplex Trading
Chicago,
Illinois
| – | -$26.3K | -2,975 | Closed |
|
|
WAM
385
Wolverine Asset Management
Chicago,
Illinois
| – | -$17.7K | -2,000 | Closed |
|
386
Parallax Volatility Advisers
San Francisco,
California
| – | -$7.08K | -800 | Closed |
|
|
FANJ
387
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -585 | Closed |
|
FTNT Hedge Fund Activity: Q3 2015 in Review
356 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2015, worth a combined $5.11B — up 3% from $4.96B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new FTNT positions and 32 closed out — a net gain of 37 holders — while 132 added to existing stakes and 120 trimmed.
The largest buyer was Bank of America, adding an estimated $97.6M. The largest seller was Bank of New York Mellon, cutting an estimated $71.3M.
- 356 institutional investors held Fortinet (FTNT) as of Q3 2015, up from 322 in Q2 2015.
- Funds reported $5.11B of Fortinet stock for Q3 2015, up 3% quarter-over-quarter.
- 69 funds opened new Fortinet positions in Q3 2015 and 32 closed out, a net change of +37 holders.
- The largest Fortinet buyer in Q3 2015 was Bank of America, an estimated $97.6M added.
- The largest Fortinet seller in Q3 2015 was Bank of New York Mellon, an estimated $71.3M sold.
Based on aggregated 13F filings for Q3 2015.