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Fortinet

1,102 hedge funds and large institutions have $39.4B invested in Fortinet in 2023 Q2 according to their latest regulatory filings, with 182 funds opening new positions, 391 increasing their positions, 378 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more first-time investments, than exits

New positions opened: 182 | Existing positions closed: 62

33% more call options, than puts

Call options by funds: $348M | Put options by funds: $262M

14% more capital invested

Capital invested by funds: $34.7B → $39.4B (+$4.76B)

11% more funds holding

Funds holding: 9901,102 (+112)

6% more funds holding in top 10

Funds holding in top 10: 3133 (+2)

3% more repeat investments, than reductions

Existing positions increased: 391 | Existing positions reduced: 378

0.05% less ownership

Funds ownership: 66.56%66.51% (-0.05%)

Holders
1,102
Holders Change
+112
Holders Change %
+11.31%
% of All Funds
17.3%
Holding in Top 10
33
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+6.45%
% of All Funds
0.52%
New
182
Increased
391
Reduced
378
Closed
62
Calls
$348M
Puts
$262M
Net Calls
+$85.8M
Net Calls Change
+$52.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BBA
526
Baader Bank Aktiengesellschaft
Germany
$1.5M +$1.35M +19,905 New
GCM
527
Gunderson Capital Management
South Carolina
$1.48M -$26.2K -385 -2%
JFGIW
528
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$1.47M +$130K +1,919 +11%
RWA
529
Ropes Wealth Advisors
Massachusetts
$1.46M
UAS
530
United Asset Strategies
New York
$1.45M -$235K -3,457 -15%
AAS
531
Avantax Advisory Services
Texas
$1.45M +$154K +2,260 +13%
BWM
532
BerganKDV Wealth Management
Minnesota
$1.44M +$43.9K +645 +4%
GAA
533
Green Alpha Advisors
Colorado
$1.43M +$35.7K +525 +3%
PAG
534
Private Advisor Group
New Jersey
$1.42M -$61.4K -903 -5%
CFB
535
Cullen/Frost Bankers
Texas
$1.42M +$14.6K +215 +1%
VVP
536
Venture Visionary Partners
Ohio
$1.41M -$57.8K -850 -4%
TAM
537
Tealwood Asset Management
Minnesota
$1.41M +$2.65K +39 +0.2%
LBWM
538
Left Brain Wealth Management
Illinois
$1.4M +$191K +2,802 +18%
GSB
539
Greenfield Savings Bank
Massachusetts
$1.39M +$131K +1,930 +12%
BBL
540
Beck Bode LLC
Massachusetts
$1.37M -$31.3K -460 -2%
TCWM
541
Total Clarity Wealth Management
Illinois
$1.37M +$1.23M +18,116 New
V
542
Veritable
Delaware
$1.37M +$7.82K +115 +0.6%
VI
543
Versor Investments
New York
$1.34M -$35.8K -526 -3%
TPWA
544
TRUE Private Wealth Advisors
Oregon
$1.33M -$88.4K -1,300 -7%
SF
545
Symphony Financial
Texas
$1.32M -$44.5K -655 -4%
OCM
546
Orion Capital Management
California
$1.3M +$1.7K +25 +0.1%
EFSCE
547
Enterprise Financial Services Corp (EFSC)
Missouri
$1.28M -$680 -10 -0.1%
JWM
548
Jackson Wealth Management
Florida
$1.27M +$22K +323 +2%
MSFS
549
Main Street Financial Solutions
Pennsylvania
$1.27M -$24.2K -356 -2%
LSA
550
Lion Street Advisors
Texas
$1.26M -$843K -12,397 -77%

FTNT Hedge Fund Activity: Q2 2023 in Review

1,102 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2023, worth a combined $39.4B — up 14% from $34.7B a quarter earlier.

Buyers outnumbered sellers: 182 funds opened new FTNT positions and 62 closed out — a net gain of 120 holders — while 391 added to existing stakes and 378 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $350M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $514M.

  • 1,102 institutional investors held Fortinet (FTNT) as of Q2 2023, up from 990 in Q1 2023.
  • Funds reported $39.4B of Fortinet stock for Q2 2023, up 14% quarter-over-quarter.
  • 182 funds opened new Fortinet positions in Q2 2023 and 62 closed out, a net change of +120 holders.
  • The largest Fortinet buyer in Q2 2023 was Fidelity Investments, an estimated $350M added.
  • The largest Fortinet seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $514M sold.

Based on aggregated 13F filings for Q2 2023.