We are live on ! Find out more
FTNT icon

Fortinet

1,068 hedge funds and large institutions have $29.9B invested in Fortinet in 2023 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 408 increasing their positions, 412 reducing their positions, and 147 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $413M | Put options by funds: $288M

1% less repeat investments, than reductions

Existing positions increased: 408 | Existing positions reduced: 412

1.6% less ownership

Funds ownership: 66.51%64.91% (-1.6%)

3% less funds holding

Funds holding: 1,1021,068 (-34)

17% less first-time investments, than exits

New positions opened: 122 | Existing positions closed: 147

24% less capital invested

Capital invested by funds: $39.4B → $29.9B (-$9.48B)

42% less funds holding in top 10

Funds holding in top 10: 3319 (-14)

Holders
1,068
Holders Change
-34
Holders Change %
-3.09%
% of All Funds
16.95%
Holding in Top 10
19
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-42.42%
% of All Funds
0.3%
New
122
Increased
408
Reduced
412
Closed
147
Calls
$413M
Puts
$288M
Net Calls
+$125M
Net Calls Change
+$39.4M
Name Holding Trade Value Shares
Change
Change in
Stake
PWM
501
Pinnacle Wealth Management
California
$1.28M -$250K -3,778 -15%
AIMCA
502
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.28M +$103K +1,550 +8%
FWCM
503
Ferguson Wellman Capital Management
Oregon
$1.28M -$1.64M -24,840 -53%
SWM
504
Sendero Wealth Management
Texas
$1.27M +$1.43M +21,673 New
KWM
505
Kingsview Wealth Management
Oregon
$1.26M -$187K -2,821 -12%
MLL
506
Moody Lynn & Lieberson
Massachusetts
$1.26M -$2.78M -42,069 -66%
CA
507
Cetera Advisors
Colorado
$1.25M -$34.2K -516 -2%
EF
508
Empowered Funds
Pennsylvania
$1.25M -$5.32M -80,372 -79%
PAG
509
Private Advisor Group
New Jersey
$1.25M +$179K +2,699 +15%
WBC
510
Westpac Banking Corp
Australia
$1.24M +$1.26M +19,092 +967%
FUBT
511
First United Bank & Trust
Maryland
$1.23M +$32.8K +495 +2%
NFG
512
Nations Financial Group
Iowa
$1.22M -$21.6K -326 -2%
UAS
513
United Asset Strategies
New York
$1.22M +$109K +1,648 +9%
OA
514
Oak Associates
Ohio
$1.22M
CG
515
Carmignac Gestion
France
$1.21M -$868K -13,106 -39%
PSC
516
Portman Square Capital
United Kingdom
$1.21M +$1.36M +20,601 New
NMIMC
517
Northwestern Mutual Investment Management Company
Wisconsin
$1.21M +$1.06K +16 +0.1%
JIC
518
Johnson Investment Counsel
Ohio
$1.2M -$38.5K -582 -3%
PCMU
519
Paragon Capital Management (Utah)
Utah
$1.19M +$23.3K +352 +2%
SS
520
Sunbelt Securities
Texas
$1.18M -$85.1K -1,286 -6%
SB
521
Simmons Bank
Arkansas
$1.17M +$993K +15,004 +302%
IWS
522
Insight Wealth Strategies
California
$1.17M +$473K +7,149 +56%
IC
523
IEQ Capital
California
$1.16M -$8.47K -128 -0.6%
MAM
524
Morse Asset Management
Connecticut
$1.15M -$285K -4,300 -18%
RWA
525
Redhawk Wealth Advisors
Minnesota
$1.15M -$289K -4,367 -18%

FTNT Hedge Fund Activity: Q3 2023 in Review

1,068 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2023, worth a combined $29.9B — down 24% from $39.4B a quarter earlier.

Sellers outnumbered buyers: 147 funds closed out of FTNT and 122 opened new positions — a net loss of 25 holders — while 412 trimmed existing stakes and 408 added.

The largest buyer was Nordea Investment Management, adding an estimated $382M. The largest seller was Fidelity Investments, cutting an estimated $435M.

  • 1,068 institutional investors held Fortinet (FTNT) as of Q3 2023, down from 1,102 in Q2 2023.
  • Funds reported $29.9B of Fortinet stock for Q3 2023, down 24% quarter-over-quarter.
  • 122 funds opened new Fortinet positions in Q3 2023 and 147 closed out, a net change of -25 holders.
  • The largest Fortinet buyer in Q3 2023 was Nordea Investment Management, an estimated $382M added.
  • The largest Fortinet seller in Q3 2023 was Fidelity Investments, an estimated $435M sold.

Based on aggregated 13F filings for Q3 2023.