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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
TPWA
376
TRUE Private Wealth Advisors
Oregon
$499K -$16.5K -770 -3%
RWA
377
Ropes Wealth Advisors
Massachusetts
$499K
AssetMark Inc
378
AssetMark Inc
California
$498K -$25.7K -1,200 -5%
HIM
379
Hillsdale Investment Management
Ontario, Canada
$486K -$9.11K -425 -2%
FAAS
380
First Allied Advisory Services
California
$480K +$70.7K +3,300 +16%
JMPWA
381
JP Morgan Private Wealth Advisors
California
$475K +$26.1K +1,220 +5%
RBFC
382
Roman Butler Fullerton & Co
Missouri
$475K +$86.9K +4,055 +21%
AIMCA
383
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$465K -$5.2M -242,500 -91%
QT
384
Quantbot Technologies
New York
$460K -$1.45M -67,575 -75%
LIA
385
LS Investment Advisors
Michigan
$460K -$95.9K -4,475 -16%
DOA
386
D'Orazio & Associates
Virginia
$455K
TAM
387
Tocqueville Asset Management
New York
$455K
CG
388
CFO4Life Group
Texas
$455K +$482K +22,480 New
MFG
389
Magnus Financial Group
New York
$450K -$66.2K -3,090 -12%
AWM
390
Avior Wealth Management
Nebraska
$450K
EAM
391
Erste Asset Management
Austria
$449K +$415K +19,380 +554%
EC
392
Estate Counselors
Wisconsin
$448K +$475K +22,150 New
FHB
393
First Hawaiian Bank
Hawaii
$444K -$92.9K -4,335 -16%
Verition Fund Management
394
Verition Fund Management
Connecticut
$443K +$18.3K +855 +4%
MML Investors Services
395
MML Investors Services
Massachusetts
$435K +$10.4K +485 +2%
KRSITF
396
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$435K +$101K +4,705 +28%
PFPT
397
Pinnacle Financial Partners (Tennessee)
Tennessee
$433K +$34.9K +1,630 +8%
AP
398
Advisor Partners
California
$431K +$175K +8,175 +62%
AG
399
AlphaSimPlex Group
Massachusetts
$430K -$475K -22,145 -51%
Rafferty Asset Management
400
Rafferty Asset Management
New York
$428K +$61.6K +2,875 +16%

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.