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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
HCP
901
Hexagon Capital Partners
Arkansas
$152K +$6.55K +99 +4%
CWP
902
Concord Wealth Partners
Virginia
$148K +$94.9K +1,434 +131%
CA
903
Clearstead Advisors
Ohio
$146K -$26K -393 -14%
FFA
904
Fairfield Financial Advisors
Massachusetts
$139K +$74.1K +1,120 +90%
BCWM
905
Bartlett & Co Wealth Management
Ohio
$133K +$6.62K +100 +5%
BC
906
Bartlett & Co
Ohio
$133K +$6.62K +100 +5%
PTC
907
Private Trust Company
Ohio
$131K -$20.9K -316 -12%
CA
908
Crewe Advisors
Utah
$127K -$12.6K -191 -8%
GWSG
909
GPS Wealth Strategies Group
Colorado
$126K +$2.65K +40 +2%
FWM
910
Focused Wealth Management
New York
$123K
GTAM
911
Global Trust Asset Management
Florida
$120K -$19.9K -300 -13%
TFA
912
Toth Financial Advisory
Virginia
$119K -$618K -9,330 -82%
AA
913
Alta Advisers
United Kingdom
$117K
WWM
914
Wolff Wiese Magana
California
$117K +$129K +1,946 +3,892%
BTI
915
Blue Trust Inc
Georgia
$117K +$53.4K +806 +109%
HIIFS
916
Harel Insurance Investments & Financial Services
Israel
$109K +$17.3K +261 +16%
HF
917
Halpern Financial
Virginia
$109K -$18.5K -280 -13%
QC
918
Quent Capital
New York
$97.3K +$6.09K +92 +6%
TCOV
919
Trust Company of Vermont
Vermont
$96.8K -$43K -650 -28%
FA
920
Financial Avengers
California
$93.9K
LC
921
Lindbrook Capital
California
$89.1K -$24.8K -375 -20%
C
922
Covestor
United Kingdom
$85K -$38.6K -583 -29%
AAG
923
Armstrong Advisory Group
Massachusetts
$82.7K +$32.8K +495 +54%
BAAM
924
Baker Avenue Asset Management
California
$80.5K -$672K -10,154 -88%
HGERS
925
Householder Group Estate & Retirement Specialist
Arizona
$78.1K +$88.1K +1,331 New

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.