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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
CI
551
CX Institutional
Indiana
$7K +$2.25K +105 +41%
ETC
552
Exchange Traded Concepts
Oklahoma
$6K -$1.18K -55 -15%
PFBT
553
Parkside Financial Bank & Trust
Missouri
$5K -$1.29K -60 -20%
BWP
554
Baldwin Wealth Partners
Massachusetts
$5K
BWM
555
BerganKDV Wealth Management
Minnesota
$5K
CCM
556
Covington Capital Management
California
$5K
IWP
557
IAG Wealth Partners
Wisconsin
$5K
KPW
558
Kore Private Wealth
New York
$5K
RMC
559
Resources Management Corp
Connecticut
$5K
WLPWM
560
Walled Lake Planning & Wealth Management
Illinois
$5K
VCM
561
Versant Capital Management
Arizona
$5K +$1.5K +70 +33%
OSAM
562
O'Shaughnessy Asset Management
Connecticut
$5K +$3.96K +185 +308%
JCM
563
Jacobi Capital Management
Pennsylvania
$5K +$5.36K +250 New
NL
564
NVWM LLC
Pennsylvania
$5K +$5.36K +250 New
CP
565
Corbenic Partners
Pennsylvania
$4K -$12.3K -575 -77%
SFG
566
Sowa Financial Group
Rhode Island
$4K
SQA
567
Simon Quick Advisors
New Jersey
$4K +$4.29K +200 New
MIM
568
Macroview Investment Management
Maryland
$3K -$643 -30 -18%
CCMW
569
Cypress Capital Management (Wyoming)
Wyoming
$3K
TFS
570
TrustCore Financial Services
Tennessee
$3K
ED
571
Exane Derivatives
France
$2.63K
JWA
572
JFS Wealth Advisors
Pennsylvania
$2K -$1.18K -55 -37%
LS
573
Leelyn Smith
Illinois
$2K
SCA
574
Stonebridge Capital Advisors
Minnesota
$2K
BL
575
Balentine LLC
Georgia
$2K +$643 +30 +60%

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.