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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
HFM
976
Hartford Financial Management
Connecticut
$60.7K
CAC
977
Core Alternative Capital
Georgia
$57.7K -$13.7K -206 -20%
BCMLT
978
Beacon Capital Management LLC (Tennessee)
Tennessee
$57.4K
RIL
979
Rothschild Investment LLC
Illinois
$57.3K +$27K +406 +94%
SWA
980
SOA Wealth Advisors
New York
$55K
QL
981
Quarry LP
New York
$54.9K +$53.5K +803 New
NRG
982
Nemes Rush Group
Michigan
$54.3K -$5.46K -82 -9%
JWA
983
JFS Wealth Advisors
Pennsylvania
$54K +$4.46K +67 +9%
CFO
984
CVA Family Office
Colorado
$52.4K -$1.53K -23 -3%
FFL
985
Financial Freedom LLC
Ohio
$51.9K
CCA
986
Catalyst Capital Advisors
New York
$49.4K -$999 -15 -2%
CCM
987
Chilton Capital Management
Texas
$46.8K +$45.6K +685 New
AGWCA
988
Annis Gardner Whiting Capital Advisors
Florida
$46K +$1.13K +17 +3%
RG
989
Retirement Group
California
$44.5K +$1.8K +27 +4%
BIA
990
Bell Investment Advisors
California
$42.7K +$20K +300 +92%
SOS
991
Silver Oak Securities
Tennessee
$38.7K -$185K -2,783 -83%
AA
992
AlphaCentric Advisors
Puerto Rico
$35.1K -$4.59K -69 -12%
TFA
993
Transamerica Financial Advisors
Florida
$35K +$33.2K +499 New
CAM
994
Creekmur Asset Management
Illinois
$34.2K -$3.66K -55 -10%
AP
995
Atwood & Palmer
Missouri
$34.2K
BFEC
996
Benjamin F. Edwards & Company
Missouri
$34K
CAL
997
Capital Advisors Ltd
Ohio
$34K
PCMC
998
Planning Capital Management Corporation
Pennsylvania
$33.5K -$67 -1 -0.2%
AWM
999
Avior Wealth Management
Nebraska
$33.4K +$23.7K +356 +268%
FMII
1000
Farmers & Merchants Investments Inc
Nebraska
$31.4K

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.