Fortinet
FTNT
868 hedge funds and large institutions have $32.6B invested in Fortinet in 2021 Q3 according to their latest regulatory filings, with 143 funds opening new positions, 285 increasing their positions, 320 reducing their positions, and 57 closing their positions.
151% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 57
20% more capital invested
Capital invested by funds: $27.1B → $32.6B (+$5.51B)
14% more call options, than puts
Call options by funds: $403M | Put options by funds: $353M
10% more funds holding
Funds holding: 788 → 868 (+80)
8% more funds holding in top 10
Funds holding in top 10: 24 → 26 (+2)
6.82% less ownership
Funds ownership: 348.29% → 341.47% (-6.8%)
11% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 320
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$243M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$179M |
| 3 |
Two Sigma Investments
New York
|
+$177M |
| 4 |
Two Sigma Advisers
New York
|
+$164M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$123M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$216M |
| 2 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$207M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$195M |
| 4 |
Renaissance Technologies
New York
|
-$152M |
| 5 |
Bank of New York Mellon
New York
|
-$144M |
FTNT Hedge Fund Activity: Q3 2021 in Review
868 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2021, worth a combined $32.6B — up 20% from $27.1B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new FTNT positions and 57 closed out — a net gain of 86 holders — while 285 added to existing stakes and 320 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $243M. The largest seller was AllianceBernstein, cutting an estimated $216M.
- 868 institutional investors held Fortinet (FTNT) as of Q3 2021, up from 788 in Q2 2021.
- Funds reported $32.6B of Fortinet stock for Q3 2021, up 20% quarter-over-quarter.
- 143 funds opened new Fortinet positions in Q3 2021 and 57 closed out, a net change of +86 holders.
- The largest Fortinet buyer in Q3 2021 was Goldman Sachs, an estimated $243M added.
- The largest Fortinet seller in Q3 2021 was AllianceBernstein, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2021.