Fortinet
FTNT
353 hedge funds and large institutions have $4B invested in Fortinet in 2015 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 130 increasing their positions, 111 reducing their positions, and 67 closing their positions.
62% more call options, than puts
Call options by funds: $39.3M | Put options by funds: $24.3M
17% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 111
4% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 67
1% less funds holding
Funds holding: 357 → 353 (-4)
22% less capital invested
Capital invested by funds: $5.13B → $4B (-$1.13B)
83% less funds holding in top 10
Funds holding in top 10: 12 → 2 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$156M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$150M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$82M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$48.8M |
| 5 |
GTP
Global Thematic Partners
New York
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
-$88.9M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$59.8M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$48.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$46.3M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$39.2M |
FTNT Hedge Fund Activity: Q4 2015 in Review
353 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2015, worth a combined $4B — down 22% from $5.13B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new FTNT positions and 67 closed out — a net gain of 3 holders — while 130 added to existing stakes and 111 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $156M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $88.9M sold.
- 353 institutional investors held Fortinet (FTNT) as of Q4 2015, down from 357 in Q3 2015.
- Funds reported $4B of Fortinet stock for Q4 2015, down 22% quarter-over-quarter.
- 70 funds opened new Fortinet positions in Q4 2015 and 67 closed out, a net change of +3 holders.
- The largest Fortinet buyer in Q4 2015 was State Street, an estimated $156M added.
- The largest Fortinet seller in Q4 2015 was Columbus Circle Investors, an estimated $88.9M sold.
Based on aggregated 13F filings for Q4 2015.