We are live on ! Find out more
FTNT icon

Fortinet
FTNT

235 hedge funds and large institutions have $2.36B invested in Fortinet in 2013 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 89 increasing their positions, 72 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $50.6M | Put options by funds: $27.9M

60% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 30

24% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 72

15% more capital invested

Capital invested by funds: $2.04B → $2.36B (+$314M)

6% more funds holding

Funds holding: 221 → 235 (+14)

Holders
235
Holders Change
+14
Holders Change %
+6.33%
% of All Funds
7.62%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.1%
New
48
Increased
89
Reduced
72
Closed
30
Calls
$50.6M
Puts
$27.9M
Net Calls
+$22.8M
Net Calls Change
-$11.4M

Top Buyers

Rank Fund Capital Flow
1
SIM
SRS Investment Management
New York
+$54.4M
2
Ameriprise
Ameriprise
Minnesota
+$48.8M
3
ClearBridge Investments
ClearBridge Investments
New York
+$22.8M
4
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$17.2M
5
Citadel Advisors
Citadel Advisors
Florida
+$16.3M

Top Sellers

Rank Fund Capital Flow
1
MC
Maverick Capital
Texas
-$79.5M
2
Wells Fargo
Wells Fargo
California
-$74.5M
3
Westfield Capital Management
Westfield Capital Management
Massachusetts
-$55.6M
4
EC
Eminence Capital
New York
-$29.3M
5
SCM
Sigma Capital Management
Connecticut
-$21.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$22.6M +$6.14M +1,515,300 +37%
Norges Bank
27
Norges Bank
Norway
$21.9M – – –
GA
28
Glenhill Advisors
New York
$21.2M +$4.34M +1,072,115 +26%
Macquarie Group
29
Macquarie Group
Australia
$19.4M -$1.4K -345 -0%
Westfield Capital Management
30
Westfield Capital Management
Massachusetts
$19M -$55.6M -13,725,750 -75%
Invesco
31
Invesco
Georgia
$18.5M -$2.69M -663,195 -13%
TCIM
32
TIAA CREF Investment Management
New York
$17.4M +$2.37M +585,505 +16%
Massachusetts Financial Services
33
Massachusetts Financial Services
Massachusetts
$17.2M +$17.2M +4,251,800 New
Citadel Advisors
34
Citadel Advisors
Florida
$17M +$16.3M +4,027,280 +2,436%
SIMG
35
Stephens Investment Management Group
Texas
$16.9M +$6.55M +1,617,150 +63%
NM
36
Nokota Management
New York
$16.2M +$8.64M +2,133,890 +114%
PCM
37
Palisade Capital Management
New Jersey
$15.4M +$1.09M +268,900 +8%
SCA
38
SAC Capital Advisors
Connecticut
$15.3M -$9.63M -2,377,805 -39%
Northern Trust
39
Northern Trust
Illinois
$13.7M +$203K +50,245 +2%
FAM
40
Fred Alger Management
New York
$13.3M -$6.61M -1,631,420 -33%
TG
41
TCW Group
California
$12.3M -$4.03M -994,500 -25%
Geode Capital Management
42
Geode Capital Management
Massachusetts
$12.2M +$1.3M +320,135 +12%
BA
43
Broadview Advisors
Wisconsin
$11.7M +$2.73M +673,500 +30%
Bank of New York Mellon
44
Bank of New York Mellon
New York
$11.6M -$1.72M -424,315 -13%
PCM
45
Penn Capital Management
Pennsylvania
$11.2M +$5.74M +1,417,770 +106%
Fidelity International
46
Fidelity International
Bermuda
$11.1M – – –
SCM
47
Sandler Capital Management
New York
$10.6M +$10.6M +2,625,000 New
Capital Fund Management (CFM)
48
Capital Fund Management (CFM)
France
$9.98M +$1.36M +334,910 +16%
TA
49
Teton Advisors
New York
$9.81M +$9.29K +2,295 +0.1%
OAM
50
Oxford Asset Management
United Kingdom
$9.66M +$2.47M +609,420 +34%
1
2
3 4 5

FTNT Hedge Fund Activity: Q3 2013 in Review

235 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2013, worth a combined $2.36B — up 15% from $2.04B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new FTNT positions and 30 closed out — a net gain of 18 holders — while 89 added to existing stakes and 72 trimmed.

The largest buyer was SRS Investment Management, adding an estimated $54.4M. The largest seller was Maverick Capital, cutting an estimated $79.5M.

  • 235 institutional investors held Fortinet (FTNT) as of Q3 2013, up from 221 in Q2 2013.
  • Funds reported $2.36B of Fortinet stock for Q3 2013, up 15% quarter-over-quarter.
  • 48 funds opened new Fortinet positions in Q3 2013 and 30 closed out, a net change of +18 holders.
  • The largest Fortinet buyer in Q3 2013 was SRS Investment Management, an estimated $54.4M added.
  • The largest Fortinet seller in Q3 2013 was Maverick Capital, an estimated $79.5M sold.

Based on aggregated 13F filings for Q3 2013.