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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
HCM
851
Highview Capital Management
Illinois
$237K -$53.3K -800 -19%
MLM
852
Mount Lucas Management
Pennsylvania
$236K -$20.5K -308 -8%
SYBT
853
Stock Yards Bank & Trust
Kentucky
$236K -$12K -180 -5%
FIM
854
Freedom Investment Management
Connecticut
$235K -$15.7K -236 -6%
IPAM
855
Investment Partners Asset Management
New Jersey
$235K +$229K +3,435 New
GM
856
GeoWealth Management
Illinois
$233K +$227K +3,412 New
OC
857
Opinicus Capital
Florida
$232K +$226K +3,398 New
SIM
858
Sentry Investment Management
Wisconsin
$232K
APW
859
Austin Private Wealth
Texas
$232K +$399 +6 +0.2%
WWM
860
Whalen Wealth Management
Nevada
$230K -$24.9K -374 -10%
RGC
861
Roberts, Glore & Co
Illinois
$230K +$224K +3,360 New
EWM
862
Elevatus Welath Management
New York
$228K +$222K +3,333 New
PFM
863
Patton Fund Management
Texas
$227K +$221K +3,324 New
SRL
864
Scientech Research LLC
New Jersey
$226K +$220K +3,312 New
LWM
865
Lodestone Wealth Management
Washington
$226K +$220K +3,310 New
MWM
866
Meritas Wealth Management
California
$226K +$220K +3,303 New
OIM
867
Oder Investment Management
California
$225K +$220K +3,300 New
MG
868
Mather Group
Illinois
$225K -$40.3K -605 -14%
VA
869
Valmark Advisers
Ohio
$225K +$219K +3,292 New
OIA
870
OneDigital Investment Advisors
Kansas
$223K -$106K -1,596 -33%
IAS
871
Insigneo Advisory Services
Florida
$222K +$217K +3,254 New
MMM
872
Mendel Money Management
Illinois
$222K +$216K +3,252 New
LAM
873
Lifestyle Asset Management
Texas
$222K -$29K -435 -12%
SSWM
874
Sheets Smith Wealth Management
North Carolina
$221K +$215K +3,237 New
IFS
875
Ifrah Financial Services
Arkansas
$221K +$215K +3,235 New

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.