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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
HNB
926
Huntington National Bank
Ohio
$69.4K -$2.91K -44 -4%
HI
927
Harbour Investments
Wisconsin
$68.7K -$9.93K -150 -11%
CT
928
Caldwell Trust
Florida
$66K
ME
929
McIlrath & Eck
Washington
$65.5K -$51.5K -778 -41%
AT
930
Avalon Trust
New Mexico
$65.4K
AWM
931
Activest Wealth Management
Florida
$64.9K +$36.3K +549 +99%
CWM
932
Compass Wealth Management
Connecticut
$64.3K +$72.5K +1,095 New
BCMLT
933
Beacon Capital Management LLC (Tennessee)
Tennessee
$63.5K
GWS
934
Glassman Wealth Services
Virginia
$62.8K -$927 -14 -1%
FPF
935
First Pacific Financial
Washington
$62.6K
IUHSA
936
Itau Unibanco Holding S.A.
Brazil
$60.9K -$1.98M -29,874 -97%
EWA
937
EverSource Wealth Advisors
Alabama
$60.3K +$3.44K +52 +5%
NIMI
938
Natixis Investment Managers International
France
$58.8K +$66.3K +1,002 New
LS
939
Livforsakringsbolaget Skandia
Sweden
$58.7K
NRG
940
Nemes Rush Group
Michigan
$53.5K +$6.42K +97 +12%
PIM
941
Platinum Investment Management
Australia
$52.8K +$59.6K +900 New
HFM
942
Hartford Financial Management
Connecticut
$52.1K
RCM
943
Raleigh Capital Management
North Carolina
$47.8K -$235K -3,548 -81%
CFD
944
Creative Financial Designs
Indiana
$47.2K
SWA
945
SOA Wealth Advisors
New York
$47.2K
PFBT
946
Parkside Financial Bank & Trust
Missouri
$47.1K +$9.07K +137 +21%
MPWT
947
MassMutual Private Wealth & Trust
Connecticut
$46.9K -$25.4K -384 -32%
FCA
948
FinTrust Capital Advisors
South Carolina
$46.9K -$8.74K -132 -14%
FFL
949
Financial Freedom LLC
Ohio
$44.6K -$9.93K -150 -16%
CAS
950
Coppell Advisory Solutions
Texas
$41.8K -$23.3K -352 -29%

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.