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Fortinet

1,109 hedge funds and large institutions have $33.9B invested in Fortinet in 2024 Q1 according to their latest regulatory filings, with 165 funds opening new positions, 396 increasing their positions, 404 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 165 | Existing positions closed: 104

15% more capital invested

Capital invested by funds: $29.5B → $33.9B (+$4.4B)

4% more funds holding

Funds holding: 1,0621,109 (+47)

0.5% less ownership

Funds ownership: 65.53%65.03% (-0.5%)

2% less repeat investments, than reductions

Existing positions increased: 396 | Existing positions reduced: 404

9% less call options, than puts

Call options by funds: $455M | Put options by funds: $498M

8% less funds holding in top 10

Funds holding in top 10: 1312 (-1)

Holders
1,109
Holders Change
+47
Holders Change %
+4.43%
% of All Funds
15.98%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.17%
New
165
Increased
396
Reduced
404
Closed
104
Calls
$455M
Puts
$498M
Net Calls
-$42.5M
Net Calls Change
-$166M
Name Holding Trade Value Shares
Change
Change in
Stake
UWS
726
Unique Wealth Strategies
Illinois
$441K +$429K +6,450 New
FCG
727
Fielder Capital Group
Tennessee
$440K +$4.93K +74 +1%
BFM
728
Boothbay Fund Management
New York
$438K +$426K +6,405 New
MCC
729
Money Concepts Capital
Florida
$432K -$32.2K -484 -7%
SG
730
StoneX Group
New York
$432K +$48.7K +732 +13%
TIAA Trust, National Association
731
TIAA Trust, National Association
North Carolina
$427K +$416K +6,248 New
PPW
732
Parcion Private Wealth
Washington
$425K +$17.7K +266 +4%
ECM
733
Evergreen Capital Management
Washington
$424K +$12.2K +184 +3%
GAM
734
GEM Asset Management
Michigan
$422K
EAM
735
Empirical Asset Management
Massachusetts
$421K +$593K +8,902 New
TC
736
Trilogy Capital
California
$415K +$404K +6,071 New
EWM
737
Empirical Wealth Management
Washington
$414K +$121K +1,825 +43%
SF
738
Symphony Financial
Texas
$409K -$10.9K -163 -3%
LFGH
739
Lee Financial Group Hawaii
Hawaii
$404K -$97.5K -1,465 -20%
Balyasny Asset Management
740
Balyasny Asset Management
Illinois
$402K -$2.83M -42,471 -88%
RAM
741
Ramirez Asset Management
New York
$402K
PCS
742
Personal CFO Solutions
New Jersey
$402K -$35.5K -534 -8%
JIP
743
Jaffetilchin Investment Partners
Florida
$397K +$387K +5,815 New
DIM
744
Delta Investment Management
California
$397K
UB
745
UMB Bank
Missouri
$394K -$27.1K -407 -7%
MWM
746
Mission Wealth Management
California
$393K +$88.5K +1,329 +30%
SI
747
Stephens Inc
Arkansas
$393K -$9.05K -136 -2%
PCP
748
Proficio Capital Partners
Massachusetts
$391K +$5.39K +81 +1%
AF
749
Allworth Financial
California
$391K +$206K +3,099 +118%
CICI
750
Capital Investment Counsel Inc
North Carolina
$387K

FTNT Hedge Fund Activity: Q1 2024 in Review

1,109 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2024, worth a combined $33.9B — up 15% from $29.5B a quarter earlier.

Buyers outnumbered sellers: 165 funds opened new FTNT positions and 104 closed out — a net gain of 61 holders — while 396 added to existing stakes and 404 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $2.03B. The largest seller was AllianceBernstein, cutting an estimated $818M.

  • 1,109 institutional investors held Fortinet (FTNT) as of Q1 2024, up from 1,062 in Q4 2023.
  • Funds reported $33.9B of Fortinet stock for Q1 2024, up 15% quarter-over-quarter.
  • 165 funds opened new Fortinet positions in Q1 2024 and 104 closed out, a net change of +61 holders.
  • The largest Fortinet buyer in Q1 2024 was T. Rowe Price Associates, an estimated $2.03B added.
  • The largest Fortinet seller in Q1 2024 was AllianceBernstein, an estimated $818M sold.

Based on aggregated 13F filings for Q1 2024.