Fortinet
FTNT
368 hedge funds and large institutions have $3.9B invested in Fortinet in 2016 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 137 increasing their positions, 129 reducing their positions, and 34 closing their positions.
100% more call options, than puts
Call options by funds: $28.6M | Put options by funds: $14.3M
50% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 34
4% more funds holding
Funds holding: 354 → 368 (+14)
6% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 129
3% more capital invested
Capital invested by funds: $3.79B → $3.9B (+$107M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$121M |
| 2 |
EM
Elliott Management
New York
|
+$89M |
| 3 |
ClearBridge Investments
New York
|
+$79M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$60.2M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$47.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$80.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$69.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$63.1M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$31.9M |
| 5 |
Renaissance Technologies
New York
|
-$28.1M |
FTNT Hedge Fund Activity: Q2 2016 in Review
368 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2016, worth a combined $3.9B — up 2.8% from $3.79B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FTNT positions and 34 closed out — a net gain of 17 holders — while 137 added to existing stakes and 129 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $121M. The largest seller was Wells Fargo, cutting an estimated $80.7M.
- 368 institutional investors held Fortinet (FTNT) as of Q2 2016, up from 354 in Q1 2016.
- Funds reported $3.9B of Fortinet stock for Q2 2016, up 2.8% quarter-over-quarter.
- 51 funds opened new Fortinet positions in Q2 2016 and 34 closed out, a net change of +17 holders.
- The largest Fortinet buyer in Q2 2016 was Nomura Holdings, an estimated $121M added.
- The largest Fortinet seller in Q2 2016 was Wells Fargo, an estimated $80.7M sold.
Based on aggregated 13F filings for Q2 2016.