Fortinet
FTNT
400 hedge funds and large institutions have $5.06B invested in Fortinet in 2017 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 130 increasing their positions, 130 reducing their positions, and 44 closing their positions.
61% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 44
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more capital invested
Capital invested by funds: $4.42B → $5.06B (+$641M)
7% more funds holding
Funds holding: 374 → 400 (+26)
4% more call options, than puts
Call options by funds: $83.2M | Put options by funds: $79.7M
0% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 130
17.54% less ownership
Funds ownership: 350.5% → 332.96% (-18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$29.6M |
| 2 |
JP Morgan Chase
New York
|
+$26.8M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$17.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$14.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$192M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$69.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$44.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$40.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.5M |
FTNT Hedge Fund Activity: Q4 2017 in Review
400 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2017, worth a combined $5.06B — up 14% from $4.42B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FTNT positions and 44 closed out — a net gain of 27 holders — while 130 added to existing stakes and 130 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $29.6M. The largest seller was Hound Partners, cutting an estimated $192M.
- 400 institutional investors held Fortinet (FTNT) as of Q4 2017, up from 374 in Q3 2017.
- Funds reported $5.06B of Fortinet stock for Q4 2017, up 14% quarter-over-quarter.
- 71 funds opened new Fortinet positions in Q4 2017 and 44 closed out, a net change of +27 holders.
- The largest Fortinet buyer in Q4 2017 was VOYA Investment Management, an estimated $29.6M added.
- The largest Fortinet seller in Q4 2017 was Hound Partners, an estimated $192M sold.
Based on aggregated 13F filings for Q4 2017.