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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
IWC
651
Integrated Wealth Concepts
Massachusetts
$739K +$81.2K +1,194 +14%
SEM
652
Suncoast Equity Management
Florida
$735K +$33K +486 +5%
QCG
653
Quadrant Capital Group
Ohio
$734K -$272 -4 -0%
LFGH
654
Lee Financial Group Hawaii
Hawaii
$729K -$413K -6,080 -39%
RCM
655
Radnor Capital Management
Pennsylvania
$726K +$653K +9,600 New
IIA
656
IPG Investment Advisors
California
$724K +$651K +9,575 New
CIP
657
Convergence Investment Partners
Florida
$720K +$344K +5,066 +114%
GT
658
Greenleaf Trust
Michigan
$717K -$1.16K -17 -0.2%
MNBTD
659
Moody National Bank Trust Division
Texas
$713K
WHG
660
Westwood Holdings Group
Texas
$711K
CIG
661
Cascade Investment Group
Colorado
$709K
HI
662
Horizon Investments
North Carolina
$703K -$82.6K -1,215 -12%
CI Investments Inc
663
CI Investments Inc
Ontario, Canada
$700K -$64.9K -955 -9%
CAS
664
CTC Alternative Strategies
Illinois
$699K +$629K +9,250 New
DC
665
Davenport & Co
Virginia
$693K +$220K +3,238 +55%
APC
666
Aspire Private Capital
North Carolina
$692K +$623K +9,158 New
DWP
667
Daymark Wealth Partners
Ohio
$689K -$15.8K -233 -2%
GSC
668
G&S Capital
Colorado
$688K +$619K +9,106 New
MWM
669
Meridian Wealth Management
Kentucky
$681K -$6.49M -95,459 -91%
DCM
670
Dupont Capital Management
Delaware
$673K -$155K -2,278 -20%
SPC
671
Sigma Planning Corp
Michigan
$670K +$85.8K +1,262 +17%
OCBCO
672
Oversea-Chinese Banking Corp (OCBC)
Singapore
$662K -$48.1K -707 -7%
PCM
673
Prelude Capital Management
New York
$661K +$250K +3,682 +73%
KWM
674
Kaydan Wealth Management
Michigan
$655K -$884 -13 -0.1%
TA
675
TKG Advisors
Indiana
$652K +$587K +8,626 New

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.