We are live on ! Find out more
FTNT icon

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
WP
1076
WealthPLAN Partners
Nebraska
$2.65K
SIC
1077
SJS Investment Consulting
Ohio
$2.27K -$27.2K -400 -93%
TIM
1078
Tortoise Investment Management
New York
$2.27K
IBOK
1079
Independence Bank of Kentucky
Kentucky
$2.27K +$2.04K +30 New
BG
1080
Bollard Group
Massachusetts
$2K +$1.7K +25 New
VF
1081
VitalStone Financial
Texas
$2K +$1.7K +25 New
AAP
1082
Arax Advisory Partners
Colorado
$1.89K
TFM
1083
TFC Financial Management
Massachusetts
$1.74K +$272 +4 +21%
GWSA
1084
Global Wealth Strategies & Associates
Colorado
$1.66K
CHA
1085
Carmichael Hill & Associates
Maryland
$1.59K
CWM
1086
CarsonAllaria Wealth Management
Illinois
$1.51K
WPA
1087
West Paces Advisors
Georgia
$1.36K
NMG
1088
New Millennium Group
Utah
$1.13K
BONH
1089
Bank of New Hampshire
New Hampshire
$1.13K +$1.02K +15 New
AP
1090
Arlington Partners
Alabama
$1.06K
CA
1091
Centerpoint Advisors
Massachusetts
$1K
FMP
1092
Financial Management Professionals
Texas
$1K
DWA
1093
Delos Wealth Advisors
Texas
$756 -$22.6K -333 -97%
BCH
1094
Berkshire Capital Holdings
California
$756
TWD
1095
True Wealth Design
Ohio
$756
UFF
1096
USA Financial Formulas
Michigan
$756
M
1097
MOTCO
Texas
$605 +$544 +8 New
2L
1098
25 LLC
Missouri
$548 +$476 +7 New
LWANC
1099
Laurel Wealth Advisors (North Carolina)
North Carolina
$378
CTWM
1100
Cherry Tree Wealth Management
Minnesota
$378 +$340 +5 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.