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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
HGWM
651
Harvest Group Wealth Management
Massachusetts
$4K +$3.87K +150 New
ED
652
Exane Derivatives
France
$3.06K
BWM
653
BerganKDV Wealth Management
Minnesota
$3K
CFN
654
Cordasco Financial Network
Florida
$3K +$1.68K +65 +81%
SIAP
655
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$3K +$3.23K +125 New
CAGAS
656
Capital Advisory Group Advisory Services
Minnesota
$3K +$3.75K +145 New
TWA
657
TCI Wealth Advisors
Arizona
$2K -$63.1K -2,445 -97%
CAL
658
Capital Analysts LLC
Pennsylvania
$2K
JWA
659
JFS Wealth Advisors
Pennsylvania
$2K
LS
660
Leelyn Smith
Illinois
$2K
LFG
661
Larson Financial Group
Missouri
$2K +$1.29K +50 +200%
IFAM
662
Institutional & Family Asset Management
Colorado
$2K +$1.81K +70 New
JWM
663
Janiczek Wealth Management
Colorado
$2K +$2.45K +95 New
Millennium Management
664
Millennium Management
New York
$1.8K -$27.6M -1,066,910 -93%
PW
665
Price Wealth
Texas
$1K
RFA
666
Reilly Financial Advisors
California
$1K
VNA
667
Valley National Advisers
Pennsylvania
$1K
Fidelity International
668
Fidelity International
Bermuda
$1K +$129 +5 +10%
MCM
669
Manchester Capital Management
Vermont
$1K +$646 +25 New
MIM
670
Macroview Investment Management
Maryland
$1K +$1.03K +40 New
JFA
671
JNBA Financial Advisors
Minnesota
$1K +$1.29K +50 New
FCA
672
FinTrust Capital Advisors
South Carolina
$28 -$32.2K -1,245 -51%
Lord, Abbett & Co
673
Lord, Abbett & Co
New Jersey
-$35M -1,275,595 Closed
CIM
674
Chiron Investment Management
New York
-$16M -583,465 Closed
ASC
675
Atalanta Sosnoff Capital
New York
-$8.56M -311,690 Closed

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.