We are live on ! Find out more
FTNT icon

Fortinet
FTNT

1,069 hedge funds and large institutions have $30.5B invested in Fortinet in 2024 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 433 increasing their positions, 385 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 433 | Existing positions reduced: 385

1.27% more ownership

Funds ownership: 65.03% → 66.29% (+1.3%)

4% less funds holding

Funds holding: 1,109 → 1,069 (-40)

8% less funds holding in top 10

Funds holding in top 10: 12 → 11 (-1)

10% less capital invested

Capital invested by funds: $33.9B → $30.5B (-$3.33B)

11% less call options, than puts

Call options by funds: $396M | Put options by funds: $447M

20% less first-time investments, than exits

New positions opened: 105 | Existing positions closed: 131

Holders
1,069
Holders Change
-40
Holders Change %
-3.61%
% of All Funds
15.44%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.16%
New
105
Increased
433
Reduced
385
Closed
131
Calls
$396M
Puts
$447M
Net Calls
-$50.6M
Net Calls Change
-$8.16M

Top Buyers

1
Swedbank
Swedbank
Sweden
+$507M
2
Marshall Wace
Marshall Wace
United Kingdom
+$258M
3
Barclays
Barclays
United Kingdom
+$198M
4
Two Sigma Advisers
Two Sigma Advisers
New York
+$188M
5
VanEck Associates
VanEck Associates
New York
+$174M

Top Sellers

1
AllianceBernstein
AllianceBernstein
Tennessee
-$789M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$382M
3
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$187M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$151M
5
Holocene Advisors
Holocene Advisors
New York
-$109M
Name Holding Trade Value Shares
Change 		Change in
Stake
Charles Schwab
26
Charles Schwab
California
$226M +$6.42M +103,209 +3%
Ameriprise
27
Ameriprise
Minnesota
$224M -$90.4M -1,453,921 -28%
Amundi
28
Amundi
France
$194M +$17.8M +286,570 +10%
Robeco Institutional Asset Management
29
Robeco Institutional Asset Management
Netherlands
$186M +$16.3M +262,520 +9%
Pictet Asset Management
30
Pictet Asset Management
Switzerland
$179M -$3.21M -51,689 -2%
Goldman Sachs
31
Goldman Sachs
New York
$173M +$29.8M +478,540 +20%
Bessemer Group
32
Bessemer Group
New Jersey
$171M -$28.2M -452,814 -14%
Deutsche Bank
33
Deutsche Bank
Germany
$169M +$9.95M +160,094 +6%
UBS Group
34
UBS Group
Switzerland
$163M +$8.01M +128,861 +5%
AQR Capital Management
35
AQR Capital Management
Connecticut
$161M +$78.7M +1,265,162 +90%
JP Morgan Chase
36
JP Morgan Chase
New York
$156M -$1.25M -20,061 -0.8%
FIS
37
Fundsmith Investment Services
Mauritius
$151M +$32.1M +515,829 +26%
Mitsubishi UFJ Trust & Banking
38
Mitsubishi UFJ Trust & Banking
Japan
$151M +$8.62M +138,691 +6%
HP
39
Hound Partners
New York
$145M +$150M +2,407,863 New
Dimensional Fund Advisors
40
Dimensional Fund Advisors
Texas
$144M -$13.9M -224,313 -9%
ACM
41
American Capital Management
New York
$141M -$869K -13,973 -0.6%
SP
42
Sarasin & Partners
United Kingdom
$130M +$24.6M +395,477 +22%
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$125M +$303K +4,868 +0.2%
D.E. Shaw & Co
44
D.E. Shaw & Co
New York
$121M +$38.2M +613,739 +44%
DCP
45
DSM Capital Partners
Florida
$121M -$11.8M -189,057 -9%
BNP Paribas Financial Markets
46
BNP Paribas Financial Markets
France
$120M +$42.6M +684,706 +53%
Millennium Management
47
Millennium Management
New York
$118M +$69.2M +1,113,201 +131%
Swiss National Bank
48
Swiss National Bank
Switzerland
$116M -$2.15M -34,600 -2%
Citigroup
49
Citigroup
New York
$107M +$26.9M +432,250 +32%
VOYA Investment Management
50
VOYA Investment Management
Georgia
$106M -$99.8M -1,605,601 -48%
1
2
3 4 5

FTNT Hedge Fund Activity: Q2 2024 in Review

1,069 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2024, worth a combined $30.5B — down 9.8% from $33.9B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of FTNT and 105 opened new positions — a net loss of 26 holders — while 385 trimmed existing stakes and 433 added.

The largest buyer was Swedbank, opening a new position worth an estimated $507M. The largest seller was AllianceBernstein, cutting an estimated $789M.

  • 1,069 institutional investors held Fortinet (FTNT) as of Q2 2024, down from 1,109 in Q1 2024.
  • Funds reported $30.5B of Fortinet stock for Q2 2024, down 9.8% quarter-over-quarter.
  • 105 funds opened new Fortinet positions in Q2 2024 and 131 closed out, a net change of -26 holders.
  • The largest Fortinet buyer in Q2 2024 was Swedbank, an estimated $507M added.
  • The largest Fortinet seller in Q2 2024 was AllianceBernstein, an estimated $789M sold.

Based on aggregated 13F filings for Q2 2024.