Fortinet
FTNT
352 hedge funds and large institutions have $3.73B invested in Fortinet in 2016 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 126 increasing their positions, 124 reducing their positions, and 56 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
158% more call options, than puts
Call options by funds: $25.6M | Put options by funds: $9.92M
2% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 56
2% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 124
0% more funds holding
Funds holding: 352 → 352 (0)
7% less capital invested
Capital invested by funds: $3.99B → $3.73B (-$264M)
Top Buyers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$74.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$60.8M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$56.9M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$55.9M |
| 5 |
Two Sigma Investments
New York
|
+$33.1M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$101M |
| 2 |
Bank of New York Mellon
New York
|
-$87.6M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$64.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$51M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$41.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFWA
401
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$10.7K | -1,715 | Closed |
|
402
AssetMark Inc
Concord,
California
| – | -$7.87K | -1,425 | -95% |
|
|
WAM
403
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$8K | -1,325 | Closed |
|
|
LWA
404
Lenox Wealth Advisors
New York
| – | -$6K | -1,000 | Closed |
|
|
WIC
405
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$4K | -700 | Closed |
|
|
AIM
406
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$4K | -650 | Closed |
|
|
FPFS
407
First Personal Financial Services
Charlotte,
North Carolina
| – | -$2K | -335 | Closed |
|
|
PCP
408
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -85 | Closed |
|
|
WA
409
WFG Advisors
Dallas,
Texas
| – | +$28 | +5 | New |
|
FTNT Hedge Fund Activity: Q1 2016 in Review
352 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2016, worth a combined $3.73B — down 6.6% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new FTNT positions and 56 closed out — a net gain of 1 holder — while 126 added to existing stakes and 124 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $74.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $101M.
- 352 institutional investors held Fortinet (FTNT) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $3.73B of Fortinet stock for Q1 2016, down 6.6% quarter-over-quarter.
- 57 funds opened new Fortinet positions in Q1 2016 and 56 closed out, a net change of +1 holder.
- The largest Fortinet buyer in Q1 2016 was AllianceBernstein, an estimated $74.9M added.
- The largest Fortinet seller in Q1 2016 was T. Rowe Price Associates, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2016.