Fortinet
FTNT
553 hedge funds and large institutions have $9.35B invested in Fortinet in 2019 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 204 increasing their positions, 221 reducing their positions, and 76 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 221
3% less funds holding
Funds holding: 572 → 553 (-19)
12% less capital invested
Capital invested by funds: $10.7B → $9.35B (-$1.33B)
13.03% less ownership
Funds ownership: 373.07% → 360.04% (-13%)
14% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 76
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
65% less call options, than puts
Call options by funds: $39.6M | Put options by funds: $114M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$96.1M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$81.7M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$61.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$44.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$128M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$96.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.8M |
| 4 |
Two Sigma Investments
New York
|
-$59.8M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$52.4M |
FTNT Hedge Fund Activity: Q2 2019 in Review
553 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2019, worth a combined $9.35B — down 12% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of FTNT and 65 opened new positions — a net loss of 11 holders — while 221 trimmed existing stakes and 204 added.
The largest buyer was Nuveen, adding an estimated $96.1M. The largest seller was Goldman Sachs, cutting an estimated $128M.
- 553 institutional investors held Fortinet (FTNT) as of Q2 2019, down from 572 in Q1 2019.
- Funds reported $9.35B of Fortinet stock for Q2 2019, down 12% quarter-over-quarter.
- 65 funds opened new Fortinet positions in Q2 2019 and 76 closed out, a net change of -11 holders.
- The largest Fortinet buyer in Q2 2019 was Nuveen, an estimated $96.1M added.
- The largest Fortinet seller in Q2 2019 was Goldman Sachs, an estimated $128M sold.
Based on aggregated 13F filings for Q2 2019.