We are live on ! Find out more
FTNT icon

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
BBHC
676
Brown Brothers Harriman & Co
New York
$652K -$13.8K -203 -2%
RC
677
Roundview Capital
New Jersey
$650K +$585K +8,603 New
OR
678
Olympiad Research
Connecticut
$649K +$246K +3,618 +73%
Citadel Advisors
679
Citadel Advisors
Florida
$644K -$6.99M -102,860 -92%
MMG
680
Monetary Management Group
Missouri
$644K -$204K -3,000 -26%
HIM
681
Hillsdale Investment Management
Ontario, Canada
$643K -$47.6K -700 -8%
MYAM
682
Meiji Yasuda Asset Management
Japan
$642K -$73.6K -1,083 -11%
FMAEN1
683
Fund Management at Engine No 1
California
$641K +$42.2K +620 +8%
PFWA
684
Paces Ferry Wealth Advisors
Georgia
$639K +$4.28K +63 +0.8%
LAI
685
Legal Advantage Investments
California
$637K +$51K +750 +10%
SYBT
686
Stock Yards Bank & Trust
Kentucky
$635K -$20.4K -300 -3%
NAM
687
NorthCrest Asset Manangement
Minnesota
$632K
AWM
688
Atticus Wealth Management
Florida
$631K
JCIA
689
Jackson Creek Investment Advisors
Colorado
$631K -$150K -2,200 -21%
DOA
690
D'Orazio & Associates
Virginia
$624K +$49.1K +722 +10%
KPWS
691
Kestra Private Wealth Services
Texas
$616K -$48.3K -711 -8%
ECM
692
Evergreen Capital Management
Washington
$613K +$27.9K +411 +5%
WB
693
WesBanco Bank
West Virginia
$601K +$13.6K +200 +3%
CI
694
Cigna Investments
Connecticut
$600K +$1.02K +15 +0.2%
RFC
695
Regions Financial Corp
Alabama
$598K +$64K +941 +14%
AWM
696
Avitas Wealth Management
California
$596K -$7.28K -107 -1%
WEG
697
World Equity Group
Illinois
$590K +$530K +7,800 New
TCA
698
Trifecta Capital Advisors
Illinois
$589K -$70K -1,029 -12%
UB
699
UMB Bank
Missouri
$583K +$45.5K +669 +9%
AT
700
American Trust
Kentucky
$579K -$26.4K -388 -5%

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.