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Fortinet

1,102 hedge funds and large institutions have $39.4B invested in Fortinet in 2023 Q2 according to their latest regulatory filings, with 182 funds opening new positions, 391 increasing their positions, 378 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more first-time investments, than exits

New positions opened: 182 | Existing positions closed: 62

33% more call options, than puts

Call options by funds: $348M | Put options by funds: $262M

14% more capital invested

Capital invested by funds: $34.7B → $39.4B (+$4.76B)

11% more funds holding

Funds holding: 9901,102 (+112)

6% more funds holding in top 10

Funds holding in top 10: 3133 (+2)

3% more repeat investments, than reductions

Existing positions increased: 391 | Existing positions reduced: 378

0.05% less ownership

Funds ownership: 66.56%66.51% (-0.05%)

Holders
1,102
Holders Change
+112
Holders Change %
+11.31%
% of All Funds
17.3%
Holding in Top 10
33
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+6.45%
% of All Funds
0.52%
New
182
Increased
391
Reduced
378
Closed
62
Calls
$348M
Puts
$262M
Net Calls
+$85.8M
Net Calls Change
+$52.1M
Name Holding Trade Value Shares
Change
Change in
Stake
KFI
1001
Key Financial Inc
Pennsylvania
$32.9K +$2.38K +35 +9%
AS
1002
Altshuler Shaham
Israel
$31.3K +$28.2K +414 New
RBC
1003
Roble Belko & Company
Pennsylvania
$31K
SJIM
1004
St. Johns Investment Management
Florida
$30.2K +$27.2K +400 New
GM
1005
GeoWealth Management
Illinois
$30K +$27.3K +401 New
RFA
1006
Resurgent Financial Advisors
Georgia
$29.2K
JWM
1007
Janiczek Wealth Management
Colorado
$25.9K
CMA
1008
Cedar Mountain Advisors
Oregon
$25.7K
VCM
1009
Versant Capital Management
Arizona
$24.9K +$8.64K +127 +63%
FAM
1010
Fred Alger Management
New York
$24K +$21.6K +317 New
MAM
1011
Marquette Asset Management
Minnesota
$23.7K +$21.3K +313 New
BIA
1012
Bell Investment Advisors
California
$23.6K -$68 -1 -0.3%
SC
1013
Stephens Consulting
Michigan
$22.3K
WWP
1014
WR Wealth Planners
Missouri
$20.8K +$18.7K +275 New
GKIM
1015
GW&K Investment Management
Massachusetts
$20K +$15.8K +232 +748%
BWL
1016
Bogart Wealth LLC
Virginia
$19.7K
ZB
1017
Zions Bancorporation
Utah
$19.4K +$8.16K +120 +88%
RMC
1018
Resources Management Corp
Connecticut
$19K +$17K +250 New
FCMT
1019
Founders Capital Management (Texas)
Texas
$18.9K -$3.4K -50 -17%
CT
1020
Cambridge Trust
Massachusetts
$18.9K
WPWM
1021
Western Pacific Wealth Management
Illinois
$18.9K
RA
1022
Rise Advisors
New York
$18.7K -$748 -11 -4%
MIM
1023
Manitou Investment Management
Ontario, Canada
$18.5K
CAC
1024
Core Alternative Capital
Georgia
$17.5K
MIM
1025
Macroview Investment Management
Maryland
$16.7K -$272 -4 -2%

FTNT Hedge Fund Activity: Q2 2023 in Review

1,102 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2023, worth a combined $39.4B — up 14% from $34.7B a quarter earlier.

Buyers outnumbered sellers: 182 funds opened new FTNT positions and 62 closed out — a net gain of 120 holders — while 391 added to existing stakes and 378 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $350M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $514M.

  • 1,102 institutional investors held Fortinet (FTNT) as of Q2 2023, up from 990 in Q1 2023.
  • Funds reported $39.4B of Fortinet stock for Q2 2023, up 14% quarter-over-quarter.
  • 182 funds opened new Fortinet positions in Q2 2023 and 62 closed out, a net change of +120 holders.
  • The largest Fortinet buyer in Q2 2023 was Fidelity Investments, an estimated $350M added.
  • The largest Fortinet seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $514M sold.

Based on aggregated 13F filings for Q2 2023.