We are live on ! Find out more
FTNT icon

Fortinet

1,068 hedge funds and large institutions have $29.9B invested in Fortinet in 2023 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 408 increasing their positions, 412 reducing their positions, and 147 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $413M | Put options by funds: $288M

1% less repeat investments, than reductions

Existing positions increased: 408 | Existing positions reduced: 412

1.6% less ownership

Funds ownership: 66.51%64.91% (-1.6%)

3% less funds holding

Funds holding: 1,1021,068 (-34)

17% less first-time investments, than exits

New positions opened: 122 | Existing positions closed: 147

24% less capital invested

Capital invested by funds: $39.4B → $29.9B (-$9.48B)

42% less funds holding in top 10

Funds holding in top 10: 3319 (-14)

Holders
1,068
Holders Change
-34
Holders Change %
-3.09%
% of All Funds
16.95%
Holding in Top 10
19
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-42.42%
% of All Funds
0.3%
New
122
Increased
408
Reduced
412
Closed
147
Calls
$413M
Puts
$288M
Net Calls
+$125M
Net Calls Change
+$39.4M
Name Holding Trade Value Shares
Change
Change in
Stake
MWM
676
Meridian Wealth Management
Kentucky
$528K -$728 -11 -0.1%
FRM
677
Fox Run Management
Connecticut
$526K +$593K +8,960 New
MYLI
678
Meiji Yasuda Life Insurance
Japan
$525K +$277K +4,190 +88%
GSC
679
G&S Capital
Colorado
$523K -$12.3K -186 -2%
CMI
680
Clare Market Investments
Texas
$523K +$229K +3,461 +63%
GT
681
Greenleaf Trust
Michigan
$522K -$38.4K -580 -6%
HI
682
Horizon Investments
North Carolina
$514K -$35.7K -540 -6%
CI Investments Inc
683
CI Investments Inc
Ontario, Canada
$513K -$34.5K -521 -6%
TA
684
TKG Advisors
Indiana
$512K +$6.69K +101 +1%
Nomura Holdings
685
Nomura Holdings
Japan
$510K +$575K +8,692 New
KWM
686
Kaydan Wealth Management
Michigan
$508K -$861 -13 -0.2%
MMG
687
Monetary Management Group
Missouri
$500K
HIM
688
Hillsdale Investment Management
Ontario, Canada
$499K
MCM
689
Mainstay Capital Management
Michigan
$492K -$148K -2,238 -21%
PFWA
690
Paces Ferry Wealth Advisors
Georgia
$492K -$4.17K -63 -0.7%
DWP
691
Daymark Wealth Partners
Ohio
$490K -$51.2K -774 -8%
GVAG
692
Great Valley Advisor Group
Delaware
$488K +$94.7K +1,430 +21%
WCA
693
Westover Capital Advisors
Delaware
$486K -$1.1M -16,675 -67%
AWM
694
Atticus Wealth Management
Florida
$484K -$6.62K -100 -1%
DOA
695
D'Orazio & Associates
Virginia
$481K -$4.5K -68 -0.8%
IBOK
696
Independence Bank of Kentucky
Kentucky
$480K +$539K +8,150 +27,167%
FFP
697
FourThought Financial Partners
Florida
$477K +$31K +469 +6%
SIC
698
Salem Investment Counselors
North Carolina
$477K +$35K +529 +7%
ZF
699
Zhang Financial
Michigan
$474K +$39.8K +601 +8%
USCWA
700
U.S. Capital Wealth Advisors
Texas
$470K +$46.1K +697 +10%

FTNT Hedge Fund Activity: Q3 2023 in Review

1,068 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2023, worth a combined $29.9B — down 24% from $39.4B a quarter earlier.

Sellers outnumbered buyers: 147 funds closed out of FTNT and 122 opened new positions — a net loss of 25 holders — while 412 trimmed existing stakes and 408 added.

The largest buyer was Nordea Investment Management, adding an estimated $382M. The largest seller was Fidelity Investments, cutting an estimated $435M.

  • 1,068 institutional investors held Fortinet (FTNT) as of Q3 2023, down from 1,102 in Q2 2023.
  • Funds reported $29.9B of Fortinet stock for Q3 2023, down 24% quarter-over-quarter.
  • 122 funds opened new Fortinet positions in Q3 2023 and 147 closed out, a net change of -25 holders.
  • The largest Fortinet buyer in Q3 2023 was Nordea Investment Management, an estimated $382M added.
  • The largest Fortinet seller in Q3 2023 was Fidelity Investments, an estimated $435M sold.

Based on aggregated 13F filings for Q3 2023.