Fortinet
FTNT
290 hedge funds and large institutions have $3.87B invested in Fortinet in 2014 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 96 increasing their positions, 107 reducing their positions, and 36 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 8 → 14 (+6)
56% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 36
31% more capital invested
Capital invested by funds: $2.96B → $3.87B (+$913M)
30% more call options, than puts
Call options by funds: $57.5M | Put options by funds: $44.4M
6% more funds holding
Funds holding: 274 → 290 (+16)
10% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$137M |
| 2 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
+$69.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52.5M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$43.6M |
| 5 |
EC
Eminence Capital
New York
|
+$42.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$93.1M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$53.4M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$52M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$30.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$25.6M |
FTNT Hedge Fund Activity: Q4 2014 in Review
290 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2014, worth a combined $3.87B — up 31% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new FTNT positions and 36 closed out — a net gain of 20 holders — while 96 added to existing stakes and 107 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $137M. The largest seller was Manning & Napier Advisors, cutting an estimated $93.1M.
- 290 institutional investors held Fortinet (FTNT) as of Q4 2014, up from 274 in Q3 2014.
- Funds reported $3.87B of Fortinet stock for Q4 2014, up 31% quarter-over-quarter.
- 56 funds opened new Fortinet positions in Q4 2014 and 36 closed out, a net change of +20 holders.
- The largest Fortinet buyer in Q4 2014 was Bank of New York Mellon, an estimated $137M added.
- The largest Fortinet seller in Q4 2014 was Manning & Napier Advisors, an estimated $93.1M sold.
Based on aggregated 13F filings for Q4 2014.