Fortinet
FTNT
301 hedge funds and large institutions have $4.46B invested in Fortinet in 2015 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 113 increasing their positions, 112 reducing their positions, and 32 closing their positions.
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
15% more capital invested
Capital invested by funds: $3.87B → $4.46B (+$586M)
4% more funds holding
Funds holding: 290 → 301 (+11)
1% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 112
12% less call options, than puts
Call options by funds: $48.2M | Put options by funds: $55.1M
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$76.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$52.3M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$33M |
| 4 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$32.5M |
| 5 |
Bank of New York Mellon
New York
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$61.3M |
| 2 |
EC
Eminence Capital
New York
|
-$48.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$28.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$24.5M |
| 5 |
AAM
AO Asset Management
New York
|
-$20.8M |
FTNT Hedge Fund Activity: Q1 2015 in Review
301 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q1 2015, worth a combined $4.46B — up 15% from $3.87B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FTNT positions and 32 closed out — a net gain of 14 holders — while 113 added to existing stakes and 112 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $76.7M. The largest seller was Lord, Abbett & Co, cutting an estimated $61.3M.
- 301 institutional investors held Fortinet (FTNT) as of Q1 2015, up from 290 in Q4 2014.
- Funds reported $4.46B of Fortinet stock for Q1 2015, up 15% quarter-over-quarter.
- 46 funds opened new Fortinet positions in Q1 2015 and 32 closed out, a net change of +14 holders.
- The largest Fortinet buyer in Q1 2015 was T. Rowe Price Associates, an estimated $76.7M added.
- The largest Fortinet seller in Q1 2015 was Lord, Abbett & Co, an estimated $61.3M sold.
Based on aggregated 13F filings for Q1 2015.