Fortinet
FTNT
730 hedge funds and large institutions have $21.5B invested in Fortinet in 2021 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 277 increasing their positions, 266 reducing their positions, and 69 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
31% more capital invested
Capital invested by funds: $16.4B → $21.5B (+$5.13B)
25% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 69
19.2% more ownership
Funds ownership: 339.32% → 358.52% (+19%)
1% more funds holding
Funds holding: 720 → 730 (+10)
4% more repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 266
22% less call options, than puts
Call options by funds: $132M | Put options by funds: $170M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.48B |
| 2 |
Bank of New York Mellon
New York
|
+$524M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$237M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$65.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$57.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$183M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$125M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$110M |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$83.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$71.8M |
FTNT Hedge Fund Activity: Q1 2021 in Review
730 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2021, worth a combined $21.5B — up 31% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FTNT positions and 69 closed out — a net gain of 17 holders — while 277 added to existing stakes and 266 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.48B. The largest seller was Renaissance Technologies, cutting an estimated $183M.
- 730 institutional investors held Fortinet (FTNT) as of Q1 2021, up from 720 in Q4 2020.
- Funds reported $21.5B of Fortinet stock for Q1 2021, up 31% quarter-over-quarter.
- 86 funds opened new Fortinet positions in Q1 2021 and 69 closed out, a net change of +17 holders.
- The largest Fortinet buyer in Q1 2021 was T. Rowe Price Associates, an estimated $1.48B added.
- The largest Fortinet seller in Q1 2021 was Renaissance Technologies, an estimated $183M sold.
Based on aggregated 13F filings for Q1 2021.