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Fortinet

677 hedge funds and large institutions have $13.2B invested in Fortinet in 2020 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 242 increasing their positions, 263 reducing their positions, and 102 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 242 | Existing positions reduced: 263

8% less call options, than puts

Call options by funds: $114M | Put options by funds: $125M

4% less funds holding

Funds holding: 702677 (-25)

5.44% less ownership

Funds ownership: 351.66%346.23% (-5.4%)

15% less capital invested

Capital invested by funds: $15.6B → $13.2B (-$2.42B)

18% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 102

73% less funds holding in top 10

Funds holding in top 10: 154 (-11)

Holders
677
Holders Change
-25
Holders Change %
-3.56%
% of All Funds
13.66%
Holding in Top 10
4
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-73.33%
% of All Funds
0.08%
New
84
Increased
242
Reduced
263
Closed
102
Calls
$114M
Puts
$125M
Net Calls
-$10.1M
Net Calls Change
-$15.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CWC
626
Carolinas Wealth Consulting
North Carolina
$10K -$1.94K -75 -15%
SLF
627
Sun Life Financial
Ontario, Canada
$10K -$517 -20 -5%
RBC
628
Roble Belko & Company
Pennsylvania
$10K
PFBT
629
Parkside Financial Bank & Trust
Missouri
$10K +$3.62K +140 +48%
GWS
630
Glassman Wealth Services
Virginia
$9K -$1.16K -45 -11%
JCM
631
Jacobi Capital Management
Pennsylvania
$9K +$1.94K +75 +24%
GI
632
Gradient Investments
Minnesota
$9K +$2.58K +100 +35%
SIS
633
Sound Income Strategies
Florida
$8K +$9.04K +350 New
LC
634
Lindbrook Capital
California
$7K +$5.42K +210 +300%
FCH
635
Freestone Capital Holdings
Washington
$6.48K +$7.1K +275 New
BWP
636
Baldwin Wealth Partners
Massachusetts
$6K
CMA
637
Cedar Mountain Advisors
Oregon
$6K
CCM
638
Covington Capital Management
California
$6K
NL
639
NVWM LLC
Pennsylvania
$6K
RMC
640
Resources Management Corp
Connecticut
$6K
WLPWM
641
Walled Lake Planning & Wealth Management
Illinois
$6K
FFA
642
Founders Financial Alliance
North Carolina
$6K +$6.97K +270 New
RA
643
Rational Advisors
New York
$6K +$6.97K +270 New
AWA
644
Arkadios Wealth Advisors
Georgia
$5.92K
PWMG
645
Prestige Wealth Management Group
New Jersey
$5K
VCM
646
Versant Capital Management
Arizona
$5K
CMBA
647
C.M. Bidwell & Associates
Hawaii
$4K -$380K -14,720 -99%
CP
648
Corbenic Partners
Pennsylvania
$4K
CCMW
649
Cypress Capital Management (Wyoming)
Wyoming
$4K
CA
650
Clearstead Advisors
Ohio
$4K +$3.87K +150 New

FTNT Hedge Fund Activity: Q3 2020 in Review

677 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2020, worth a combined $13.2B — down 15% from $15.6B a quarter earlier.

Sellers outnumbered buyers: 102 funds closed out of FTNT and 84 opened new positions — a net loss of 18 holders — while 263 trimmed existing stakes and 242 added.

The largest buyer was AllianceBernstein, adding an estimated $428M. The largest seller was Renaissance Technologies, cutting an estimated $172M.

  • 677 institutional investors held Fortinet (FTNT) as of Q3 2020, down from 702 in Q2 2020.
  • Funds reported $13.2B of Fortinet stock for Q3 2020, down 15% quarter-over-quarter.
  • 84 funds opened new Fortinet positions in Q3 2020 and 102 closed out, a net change of -18 holders.
  • The largest Fortinet buyer in Q3 2020 was AllianceBernstein, an estimated $428M added.
  • The largest Fortinet seller in Q3 2020 was Renaissance Technologies, an estimated $172M sold.

Based on aggregated 13F filings for Q3 2020.