Fortinet
FTNT
457 hedge funds and large institutions have $7.5B invested in Fortinet in 2018 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 167 increasing their positions, 144 reducing their positions, and 45 closing their positions.
78% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 45
44% more call options, than puts
Call options by funds: $52.9M | Put options by funds: $36.6M
19% more capital invested
Capital invested by funds: $6.31B → $7.5B (+$1.19B)
16% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 144
10.09% more ownership
Funds ownership: 350.69% → 360.77% (+10%)
8% more funds holding
Funds holding: 425 → 457 (+32)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$140M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$86.3M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$70.7M |
| 4 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$63.2M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$147M |
| 2 |
Bank of New York Mellon
New York
|
-$130M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$106M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$60.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$54.2M |
FTNT Hedge Fund Activity: Q2 2018 in Review
457 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2018, worth a combined $7.5B — up 19% from $6.31B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new FTNT positions and 45 closed out — a net gain of 35 holders — while 167 added to existing stakes and 144 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $140M. The largest seller was Blue Harbour Group, exiting entirely with an estimated $147M sold.
- 457 institutional investors held Fortinet (FTNT) as of Q2 2018, up from 425 in Q1 2018.
- Funds reported $7.5B of Fortinet stock for Q2 2018, up 19% quarter-over-quarter.
- 80 funds opened new Fortinet positions in Q2 2018 and 45 closed out, a net change of +35 holders.
- The largest Fortinet buyer in Q2 2018 was Arrowstreet Capital, an estimated $140M added.
- The largest Fortinet seller in Q2 2018 was Blue Harbour Group, an estimated $147M sold.
Based on aggregated 13F filings for Q2 2018.