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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
BW
601
Bison Wealth
Georgia
$932K +$838K +12,326 New
JWS
602
Juncture Wealth Strategies
Arizona
$929K -$214K -3,149 -20%
M1FG
603
Mach-1 Financial Group
Arkansas
$927K +$834K +12,269 New
EFM
604
E Fund Management
China
$924K -$119K -1,751 -13%
IIM
605
INTECH Investment Management
Florida
$923K -$120K -1,768 -13%
CG
606
Caprock Group
Idaho
$921K -$50K -736 -6%
EA
607
Emerald Advisers
Pennsylvania
$920K -$231K -3,399 -22%
CCM
608
Coldstream Capital Management
Washington
$912K +$17.7K +260 +2%
AWM
609
Apollon Wealth Management
South Carolina
$910K +$10.9K +160 +1%
LNWWM
610
Laird Norton Wetherby Wealth Management
California
$908K +$28K +412 +4%
AssetMark Inc
611
AssetMark Inc
California
$908K
GFPC
612
Global Financial Private Client
Florida
$905K +$30.8K +453 +4%
OAM
613
Ostrum Asset Management
France
$882K +$250K +3,671 +46%
FIM
614
Freedom Investment Management
Connecticut
$882K +$228K +3,356 +40%
Lido Advisors
615
Lido Advisors
California
$880K -$59.8K -879 -7%
HSA
616
HBK Sorce Advisory
Pennsylvania
$875K +$50.2K +738 +7%
BAAM
617
Baker Avenue Asset Management
California
$871K +$69K +1,014 +10%
HFS
618
Hantz Financial Services
Michigan
$871K +$20.7K +305 +3%
MAS
619
Meeder Advisory Services
Ohio
$867K +$33.3K +489 +4%
TFA
620
Toth Financial Advisory
Virginia
$859K +$302K +4,435 +64%
BFG
621
Bleakley Financial Group
New Jersey
$856K +$122K +1,794 +19%
SS
622
Simplicity Solutions
Minnesota
$856K +$121K +1,779 +19%
S
623
SignatureFD
Georgia
$855K +$44.4K +653 +6%
NL
624
NVWM LLC
Pennsylvania
$851K +$733K +10,783 +2,275%
GWM
625
Geneos Wealth Management
Colorado
$847K -$31.6K -465 -4%

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.