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Fortinet

592 hedge funds and large institutions have $12B invested in Fortinet in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 195 increasing their positions, 238 reducing their positions, and 95 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

9% less call options, than puts

Call options by funds: $61.4M | Put options by funds: $67.2M

5% less funds holding

Funds holding: 620592 (-28)

9% less capital invested

Capital invested by funds: $13.1B → $12B (-$1.14B)

16.17% less ownership

Funds ownership: 359.64%343.46% (-16%)

18% less repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 238

26% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 95

Holders
592
Holders Change
-28
Holders Change %
-4.52%
% of All Funds
13.05%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.31%
New
70
Increased
195
Reduced
238
Closed
95
Calls
$61.4M
Puts
$67.2M
Net Calls
-$5.8M
Net Calls Change
+$7.27M
Name Holding Trade Value Shares
Change
Change in
Stake
SWA
526
Sutton Wealth Advisors
Florida
$27.5K -$1.07K -50 -4%
PCM
527
Penserra Capital Management
California
$27K -$2.99M -139,300 -99%
FMII
528
Farmers & Merchants Investments Inc
Nebraska
$25K +$19.3K +900 +261%
FNBOSM
529
First National Bank of South Miami
Florida
$23K +$24.5K +1,145 New
CT
530
Caldwell Trust
Florida
$22.8K
AIM
531
AIA Investment Management
Singapore
$22K
SL
532
Savior LLC
Massachusetts
$22K
TPCW
533
TD Private Client Wealth
New York
$21.1K -$2.68K -125 -11%
TCM
534
Tradewinds Capital Management
Washington
$20K
Bessemer Group
535
Bessemer Group
New Jersey
$20K +$14K +655 +208%
BG
536
Bollard Group
Massachusetts
$20K +$21.4K +1,000 New
BWA
537
BDO Wealth Advisors
Florida
$17K +$17.8K +830 New
GEA
538
Glen Eagle Advisors
New Jersey
$16.9K +$7.18K +335 +67%
MPWT
539
MassMutual Private Wealth & Trust
Connecticut
$15K
EI
540
Ellevest Inc
New York
$14K
PCG
541
Private Capital Group
Connecticut
$11K
EARNEST Partners
542
EARNEST Partners
Georgia
$10K
BCA
543
Berman Capital Advisors
Georgia
$10K +$2.14K +100 +23%
CBT
544
Capital Bank & Trust
California
$9K
SLF
545
Sun Life Financial
Ontario, Canada
$9K +$107 +5 +1%
GRP
546
Global Retirement Partners
California
$9K +$9.64K +450 New
OAM
547
Optimal Asset Management
California
$8.05K +$8.53M +397,965 New
RBC
548
Roble Belko & Company
Pennsylvania
$8K
LPWM
549
Lake Point Wealth Management
Texas
$7K
GWS
550
Glassman Wealth Services
Virginia
$7K +$107 +5 +1%

FTNT Hedge Fund Activity: Q1 2020 in Review

592 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2020, worth a combined $12B — down 8.7% from $13.1B a quarter earlier.

Sellers outnumbered buyers: 95 funds closed out of FTNT and 70 opened new positions — a net loss of 25 holders — while 238 trimmed existing stakes and 195 added.

The largest buyer was Whale Rock Capital Management, adding an estimated $100M. The largest seller was Two Sigma Investments, cutting an estimated $128M.

  • 592 institutional investors held Fortinet (FTNT) as of Q1 2020, down from 620 in Q4 2019.
  • Funds reported $12B of Fortinet stock for Q1 2020, down 8.7% quarter-over-quarter.
  • 70 funds opened new Fortinet positions in Q1 2020 and 95 closed out, a net change of -25 holders.
  • The largest Fortinet buyer in Q1 2020 was Whale Rock Capital Management, an estimated $100M added.
  • The largest Fortinet seller in Q1 2020 was Two Sigma Investments, an estimated $128M sold.

Based on aggregated 13F filings for Q1 2020.