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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
PP
951
Paloma Partners
Connecticut
$41.1K -$234K -3,537 -83%
JWM
952
Janiczek Wealth Management
Colorado
$40.7K +$23.3K +352 +103%
JWA
953
JFS Wealth Advisors
Pennsylvania
$40.3K -$1.66K -25 -4%
FFA
954
Farther Finance Advisors
California
$39K +$3.38K +51 +8%
FAM
955
Flaharty Asset Management
Florida
$38.1K +$43K +650 New
AA
956
AlphaCentric Advisors
Puerto Rico
$37.6K -$7.21K -109 -15%
AA
957
Ancora Advisors
Ohio
$37.2K +$4.63K +70 +12%
AGWCA
958
Annis Gardner Whiting Capital Advisors
Florida
$36.9K +$41.6K +629 New
RG
959
Retirement Group
California
$36.1K
CSPIA
960
Cary Street Partners Investment Advisory
Virginia
$35.1K +$10.6K +160 +37%
CCA
961
Catalyst Capital Advisors
New York
$34.1K -$2.24M -33,851 -98%
DJSG
962
D.J. St. Germain
Massachusetts
$31.1K
CAL
963
Capital Advisors Ltd
Ohio
$30K
TAM
964
Tucker Asset Management
Colorado
$29.4K +$728 +11 +2%
HL
965
HeadInvest LLC
Maine
$29.4K +$33.2K +501 New
BFEC
966
Benjamin F. Edwards & Company
Missouri
$29K
EARNEST Partners
967
EARNEST Partners
Georgia
$27.6K
FMII
968
Farmers & Merchants Investments Inc
Nebraska
$27K
KFI
969
Key Financial Inc
Pennsylvania
$25.5K
SIS
970
Strategic Investment Solutions
Illinois
$24.4K +$26.5K +400 New
GBT
971
Grove Bank & Trust
Florida
$22.8K -$4.83K -73 -16%
RFA
972
Resurgent Financial Advisors
Georgia
$22.5K -$199 -3 -0.8%
LFA
973
LGT Financial Advisors
Texas
$20.5K +$23.2K +350 New
GKIM
974
GW&K Investment Management
Massachusetts
$20K +$5.23K +79 +30%
CMA
975
Cedar Mountain Advisors
Oregon
$20K

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.