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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
C
926
Covestor
United Kingdom
$160K +$38.7K +581 +33%
BCWM
927
Bartlett & Co Wealth Management
Ohio
$149K
QC
928
Quent Capital
New York
$149K
AAG
929
Accordant Advisory Group
Maryland
$148K +$144K +2,167 New
GRP
930
Global Retirement Partners
California
$147K +$6.72K +101 +5%
GWSG
931
GPS Wealth Strategies Group
Colorado
$147K
FFA
932
Frazier Financial Advisors
Ohio
$145K +$88K +1,322 +165%
WWM
933
Wolff Wiese Magana
California
$145K +$3.99K +60 +3%
GWP
934
Gen-Wealth Partners
Michigan
$137K +$133K +2,005 New
AA
935
Alta Advisers
United Kingdom
$137K
AWM
936
AllSquare Wealth Management
New York
$137K +$13.3K +200 +11%
EC
937
EntryPoint Capital
New York
$131K -$35.8K -538 -22%
HNB
938
Huntington National Bank
Ohio
$125K +$3.46K +52 +3%
LS
939
Livforsakringsbolaget Skandia
Sweden
$117K
TAM
940
Tucker Asset Management
Colorado
$116K +$79.9K +1,200 +240%
Kayne Anderson Rudnick Investment Management
941
Kayne Anderson Rudnick Investment Management
California
$114K -$133 -2 -0.1%
LC
942
Lindbrook Capital
California
$110K +$47.8K +718 +80%
CA
943
Crewe Advisors
Utah
$110K +$107K +1,605 New
CCM
944
CAAS Capital Management
New York
$109K +$107K +1,600 New
CA
945
Clearstead Advisors
Ohio
$105K +$32.6K +490 +39%
HF
946
Halpern Financial
Virginia
$103K -$26.6K -400 -22%
FA
947
Financial Avengers
California
$102K -$6.66K -100 -6%
DWS
948
Dynamic Wealth Strategies
California
$101K +$5.66K +85 +6%
SC
949
SouthState Corp
Florida
$100K +$97.9K +1,471 New
TFA
950
Toth Financial Advisory
Virginia
$93.6K +$3K +45 +3%

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.