Fortinet
FTNT
552 hedge funds and large institutions have $9.22B invested in Fortinet in 2019 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 171 increasing their positions, 221 reducing their positions, and 64 closing their positions.
5% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 64
0% less funds holding
Funds holding: 553 → 552 (-1)
1% less capital invested
Capital invested by funds: $9.35B → $9.22B (-$130M)
4.39% less ownership
Funds ownership: 360.04% → 355.65% (-4.4%)
23% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 221
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
37% less call options, than puts
Call options by funds: $46M | Put options by funds: $72.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$86M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$85.8M |
| 3 |
Renaissance Technologies
New York
|
+$56.7M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$52M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$118M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$87.2M |
| 3 |
ClearBridge Investments
New York
|
-$85.4M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$76.2M |
| 5 |
Goldman Sachs
New York
|
-$67.1M |
FTNT Hedge Fund Activity: Q3 2019 in Review
552 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2019, worth a combined $9.22B — down 1.4% from $9.35B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new FTNT positions and 64 closed out — a net gain of 3 holders — while 171 added to existing stakes and 221 trimmed.
The largest buyer was Ameriprise, adding an estimated $86M. The largest seller was AQR Capital Management, cutting an estimated $118M.
- 552 institutional investors held Fortinet (FTNT) as of Q3 2019, down from 553 in Q2 2019.
- Funds reported $9.22B of Fortinet stock for Q3 2019, down 1.4% quarter-over-quarter.
- 67 funds opened new Fortinet positions in Q3 2019 and 64 closed out, a net change of +3 holders.
- The largest Fortinet buyer in Q3 2019 was Ameriprise, an estimated $86M added.
- The largest Fortinet seller in Q3 2019 was AQR Capital Management, an estimated $118M sold.
Based on aggregated 13F filings for Q3 2019.