We are live on ! Find out more
FTNT icon

Fortinet
FTNT

235 hedge funds and large institutions have $2.42B invested in Fortinet in 2013 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 90 increasing their positions, 71 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $50.6M | Put options by funds: $27.9M

60% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 30

27% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 71

18% more capital invested

Capital invested by funds: $2.05B → $2.42B (+$377M)

6% more funds holding

Funds holding: 221 → 235 (+14)

Holders
235
Holders Change
+14
Holders Change %
+6.33%
% of All Funds
7.59%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.1%
New
48
Increased
90
Reduced
71
Closed
30
Calls
$50.6M
Puts
$27.9M
Net Calls
+$22.8M
Net Calls Change
-$12.1M

Top Buyers

Rank Fund Capital Flow
1
O
OppenheimerFunds
New York
+$62.9M
2
SIM
SRS Investment Management
New York
+$54.4M
3
Ameriprise
Ameriprise
Minnesota
+$48.8M
4
ClearBridge Investments
ClearBridge Investments
New York
+$22.8M
5
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$17.2M

Top Sellers

Rank Fund Capital Flow
1
MC
Maverick Capital
Texas
-$79.5M
2
Wells Fargo
Wells Fargo
California
-$74.5M
3
Westfield Capital Management
Westfield Capital Management
Massachusetts
-$55.6M
4
EC
Eminence Capital
New York
-$29.3M
5
SCM
Sigma Capital Management
Connecticut
-$21.4M

FTNT Hedge Fund Activity: Q3 2013 in Review

235 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2013, worth a combined $2.42B — up 18% from $2.05B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new FTNT positions and 30 closed out — a net gain of 18 holders — while 90 added to existing stakes and 71 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $62.9M. The largest seller was Maverick Capital, cutting an estimated $79.5M.

  • 235 institutional investors held Fortinet (FTNT) as of Q3 2013, up from 221 in Q2 2013.
  • Funds reported $2.42B of Fortinet stock for Q3 2013, up 18% quarter-over-quarter.
  • 48 funds opened new Fortinet positions in Q3 2013 and 30 closed out, a net change of +18 holders.
  • The largest Fortinet buyer in Q3 2013 was OppenheimerFunds, an estimated $62.9M added.
  • The largest Fortinet seller in Q3 2013 was Maverick Capital, an estimated $79.5M sold.

Based on aggregated 13F filings for Q3 2013.