Fortinet
FTNT
536 hedge funds and large institutions have $8.81B invested in Fortinet in 2018 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 189 increasing their positions, 187 reducing their positions, and 69 closing their positions.
54% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 69
16.69% more ownership
Funds ownership: 357.27% → 373.96% (+17%)
7% more funds holding
Funds holding: 502 → 536 (+34)
1% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 187
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
21% less capital invested
Capital invested by funds: $11.1B → $8.81B (-$2.33B)
39% less call options, than puts
Call options by funds: $67.4M | Put options by funds: $110M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$241M |
| 2 |
Millennium Management
New York
|
+$113M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$98.9M |
| 4 |
Morgan Stanley
New York
|
+$78.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$74.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$287M |
| 2 |
Bank of New York Mellon
New York
|
-$99.7M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$93.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$77.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$75.5M |
FTNT Hedge Fund Activity: Q4 2018 in Review
536 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2018, worth a combined $8.81B — down 21% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new FTNT positions and 69 closed out — a net gain of 37 holders — while 189 added to existing stakes and 187 trimmed.
The largest buyer was Vanguard Group, adding an estimated $241M. The largest seller was BlackRock, cutting an estimated $287M.
- 536 institutional investors held Fortinet (FTNT) as of Q4 2018, up from 502 in Q3 2018.
- Funds reported $8.81B of Fortinet stock for Q4 2018, down 21% quarter-over-quarter.
- 106 funds opened new Fortinet positions in Q4 2018 and 69 closed out, a net change of +37 holders.
- The largest Fortinet buyer in Q4 2018 was Vanguard Group, an estimated $241M added.
- The largest Fortinet seller in Q4 2018 was BlackRock, an estimated $287M sold.
Based on aggregated 13F filings for Q4 2018.