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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
CWC
1026
Carolinas Wealth Consulting
North Carolina
$16.6K -$5.64K -83 -27%
RFG
1027
RFP Financial Group
Georgia
$16.6K
FA
1028
Fiduciary Alliance
South Carolina
$15.6K +$14K +206 New
RTC
1029
Riverview Trust Company
Washington
$15.3K +$13.8K +203 New
SWA
1030
Sutton Wealth Advisors
Florida
$15.1K
WFA
1031
West Financial Advisors
Iowa
$15.1K
PWMG
1032
Prestige Wealth Management Group
New Jersey
$15K -$204 -3 -1%
ANBT
1033
American National Bank & Trust
Texas
$14.7K +$13.3K +195 New
CP
1034
Castleview Partners
Texas
$13.6K
VWM
1035
Venturi Wealth Management
Texas
$13.5K +$2.99K +44 +33%
BC
1036
Belmont Capital
California
$12.9K -$272 -4 -2%
AWM
1037
Abound Wealth Management
Tennessee
$12.5K +$4.76K +70 +73%
CT
1038
Clearstead Trust
Maine
$12.3K
BWA
1039
BDO Wealth Advisors
Florida
$12.1K +$6.8K +100 +167%
SCA
1040
Stonebridge Capital Advisors
Minnesota
$12.1K
WT
1041
Whittier Trust
California
$11.7K -$1.7K -25 -14%
AIC
1042
Archer Investment Corporation
Indiana
$9.83K
PGAM
1043
Princeton Global Asset Management
New Jersey
$9.83K
BAM
1044
Bellevue Asset Management
Washington
$9.45K
SFCL
1045
Strengthening Families & Communities LLC
Massachusetts
$9K -$14.3K -211 -63%
ACA
1046
Atlas Capital Advisors
Wyoming
$8.69K +$7.82K +115 New
DIP
1047
DT Investment Partners
Pennsylvania
$8.19K
BWM
1048
Baystate Wealth Management
Massachusetts
$7.56K
MAWCM
1049
Mine & Arao Wealth Creation & Management
California
$7.56K
IPW
1050
Impact Partnership Wealth
Georgia
$7.56K +$6.8K +100 New

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.