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Fortinet

322 hedge funds and large institutions have $4.96B invested in Fortinet in 2015 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 119 increasing their positions, 123 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

222% more call options, than puts

Call options by funds: $74.1M | Put options by funds: $23M

70% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 33

18% more funds holding in top 10

Funds holding in top 10: 1113 (+2)

11% more capital invested

Capital invested by funds: $4.46B → $4.96B (+$501M)

7% more funds holding

Funds holding: 301322 (+21)

3% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 123

Holders
322
Holders Change
+21
Holders Change %
+6.98%
% of All Funds
8.68%
Holding in Top 10
13
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+18.18%
% of All Funds
0.35%
New
56
Increased
119
Reduced
123
Closed
33
Calls
$74.1M
Puts
$23M
Net Calls
+$51.1M
Net Calls Change
+$58M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$394M +$20.4M +2,625,525 +6%
Bank of New York Mellon
2
Bank of New York Mellon
New York
$288M -$38.3M -4,935,805 -12%
BFA
3
BlackRock Fund Advisors
California
$208M +$12.8M +1,651,165 +7%
FCM
4
Frontier Capital Management
Massachusetts
$202M -$16.9M -2,174,635 -8%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$198M -$782K -100,640 -0.4%
BIT
6
BlackRock Institutional Trust
California
$162M -$598K -77,010 -0.4%
Franklin Resources
7
Franklin Resources
California
$160M -$7.78M -1,001,360 -5%
EAM
8
Eagle Asset Management
Florida
$148M +$404K +52,070 +0.3%
ClearBridge Investments
9
ClearBridge Investments
New York
$130M -$20.8M -2,684,075 -15%
CCI
10
Columbus Circle Investors
$121M -$9.23M -1,188,475 -7%
ORI
11
Oak Ridge Investments
Illinois
$117M +$9.12M +1,174,935 +9%
Wells Fargo
12
Wells Fargo
California
$117M +$22M +2,834,035 +25%
Jennison Associates
13
Jennison Associates
New York
$115M -$76.4M -9,833,960 -41%
O
14
OppenheimerFunds
New York
$114M -$3.47M -447,070 -3%
Westfield Capital Management
15
Westfield Capital Management
Massachusetts
$96.1M -$7.5M -966,170 -8%
AllianceBernstein
16
AllianceBernstein
Tennessee
$82M -$2.31M -297,780 -3%
UBS Group
17
UBS Group
Switzerland
$80.4M +$16.4M +2,110,690 +28%
TCIM
18
TIAA CREF Investment Management
New York
$79.2M +$6.89M +886,615 +10%
TA
19
Teachers Advisors
New York
$69.7M +$1.39M +178,855 +2%
MAA
20
Managed Account Advisors
New Jersey
$65.5M -$212K -27,325 -0.3%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$64.5M +$60.6M +7,804,720 New
ACM
22
Apex Capital Management
Ohio
$62.5M +$20M +2,579,160 +52%
CAM
23
Contour Asset Management
New York
$58.4M -$14.7M -1,886,665 -21%
Citadel Advisors
24
Citadel Advisors
Florida
$57.3M -$70.8M -9,116,650 -57%
Allianz Asset Management
25
Allianz Asset Management
Germany
$57.1M +$12.2M +1,576,200 +30%

FTNT Hedge Fund Activity: Q2 2015 in Review

322 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2015, worth a combined $4.96B — up 11% from $4.46B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new FTNT positions and 33 closed out — a net gain of 23 holders — while 119 added to existing stakes and 123 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $53.4M. The largest seller was State Street, exiting entirely with an estimated $126M sold.

  • 322 institutional investors held Fortinet (FTNT) as of Q2 2015, up from 301 in Q1 2015.
  • Funds reported $4.96B of Fortinet stock for Q2 2015, up 11% quarter-over-quarter.
  • 56 funds opened new Fortinet positions in Q2 2015 and 33 closed out, a net change of +23 holders.
  • The largest Fortinet buyer in Q2 2015 was 1832 Asset Management, an estimated $53.4M added.
  • The largest Fortinet seller in Q2 2015 was State Street, an estimated $126M sold.

Based on aggregated 13F filings for Q2 2015.