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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
JSW
876
Journey Strategic Wealth
New Jersey
$220K +$214K +3,222 New
OW
877
Olistico Wealth
Oklahoma
$220K +$214K +3,216 New
KNW
878
Kesler Norman & Wride
Utah
$219K +$214K +3,210 New
PMFA
879
Plante Moran Financial Advisors
Michigan
$219K
CM
880
Columbus Macro
Pennsylvania
$219K -$8.32K -125 -4%
GA
881
Geller Advisors
New York
$218K -$225K -3,378 -51%
WSTAM
882
Wilbanks Smith & Thomas Asset Management
Virginia
$217K +$211K +3,177 New
ACM
883
Advisors Capital Management
New Jersey
$217K +$211K +3,172 New
FLPIM
884
F.L. Putnam Investment Management
Massachusetts
$217K +$211K +3,174 New
FFA
885
Farther Finance Advisors
California
$217K +$42.7K +641 +25%
AWG
886
Altus Wealth Group
Colorado
$217K +$211K +3,173 New
OCM
887
One Capital Management
California
$217K +$211K +3,170 New
T
888
TOBAM
France
$216K
GSC
889
Grey Street Capital
Illinois
$215K +$210K +3,149 New
PIM
890
Plato Investment Management
Australia
$214K +$54.4K +817 +35%
PCA
891
Pallas Capital Advisors
Massachusetts
$214K +$209K +3,135 New
PP
892
Paloma Partners
Connecticut
$214K +$208K +3,128 New
VCM
893
Virtue Capital Management
Tennessee
$212K +$211K +3,171 New
CB
894
Cadence Bank
Mississippi
$211K +$206K +3,088 New
TC
895
Truvestments Capital
Florida
$211K +$199K +2,994 +3,219%
AAIS
896
ABN AMRO Investment Solutions
$210K -$164K -2,458 -44%
DWA
897
Delap Wealth Advisory
Oregon
$210K +$205K +3,076 New
WEG
898
World Equity Group
Illinois
$210K +$204K +3,068 New
CAG
899
Crestwood Advisors Group
Massachusetts
$210K +$204K +3,068 New
IIM
900
Ipswich Investment Management
Massachusetts
$208K +$203K +3,050 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.