Fortinet
FTNT
572 hedge funds and large institutions have $10.7B invested in Fortinet in 2019 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 212 increasing their positions, 207 reducing their positions, and 43 closing their positions.
93% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 43
21% more capital invested
Capital invested by funds: $8.81B → $10.7B (+$1.87B)
7% more funds holding
Funds holding: 536 → 572 (+36)
2% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 207
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.89% less ownership
Funds ownership: 373.96% → 373.07% (-0.89%)
23% less call options, than puts
Call options by funds: $56.6M | Put options by funds: $73.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$102M |
| 2 |
Renaissance Technologies
New York
|
+$84.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$79.5M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$131M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$120M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$108M |
| 4 |
Millennium Management
New York
|
-$96.2M |
| 5 |
Morgan Stanley
New York
|
-$72.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
601
Simplex Trading
Chicago,
Illinois
| – | -$43K | -2,695 | Closed |
|
|
PRC
602
Pearl River Capital
Niles,
Michigan
| – | -$10K | -685 | Closed |
|
|
HNB
603
Huntington National Bank
Columbus,
Ohio
| – | -$8K | -560 | Closed |
|
|
MOS
604
MGO One Seven
Beachwood,
Ohio
| – | -$7K | -550 | Closed |
|
|
HR
605
Howe & Rusling
Rochester,
New York
| – | -$7K | -480 | Closed |
|
|
HIM
606
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$6K | -450 | Closed |
|
|
CC
607
Claybrook Capital
Wellesley,
Massachusetts
| – | -$3K | -240 | Closed |
|
|
WDL
608
Well Done LLC
Holland,
Michigan
| – | -$3K | -240 | Closed |
|
|
MWA
609
Marshall Wace Asia
Central,
Hong Kong
| – | -$3K | -225 | Closed |
|
|
MIM
610
Macroview Investment Management
Bethesda,
Maryland
| – | -$3K | -210 | Closed |
|
|
SFPIA
611
Stevens First Principles Investment Advisors
Newport Beach,
California
| – | +$398 | +25 | New |
|
FTNT Hedge Fund Activity: Q1 2019 in Review
572 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2019, worth a combined $10.7B — up 21% from $8.81B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new FTNT positions and 43 closed out — a net gain of 40 holders — while 212 added to existing stakes and 207 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $102M. The largest seller was VOYA Investment Management, cutting an estimated $131M.
- 572 institutional investors held Fortinet (FTNT) as of Q1 2019, up from 536 in Q4 2018.
- Funds reported $10.7B of Fortinet stock for Q1 2019, up 21% quarter-over-quarter.
- 83 funds opened new Fortinet positions in Q1 2019 and 43 closed out, a net change of +40 holders.
- The largest Fortinet buyer in Q1 2019 was Arrowstreet Capital, an estimated $102M added.
- The largest Fortinet seller in Q1 2019 was VOYA Investment Management, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2019.