Fortinet
FTNT
553 hedge funds and large institutions have $9.33B invested in Fortinet in 2019 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 172 increasing their positions, 220 reducing their positions, and 64 closing their positions.
6% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 64
0% more funds holding
Funds holding: 553 → 553 (0)
2% less capital invested
Capital invested by funds: $9.51B → $9.33B (-$175M)
7.08% less ownership
Funds ownership: 362.73% → 355.65% (-7.1%)
22% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 220
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
37% less call options, than puts
Call options by funds: $46M | Put options by funds: $72.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$86M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$85.8M |
| 3 |
Renaissance Technologies
New York
|
+$56.7M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$52M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$118M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$87.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$87.1M |
| 4 |
ClearBridge Investments
New York
|
-$85.4M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$76.2M |
FTNT Hedge Fund Activity: Q3 2019 in Review
553 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q3 2019, worth a combined $9.33B — down 1.8% from $9.51B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new FTNT positions and 64 closed out — a net gain of 4 holders — while 172 added to existing stakes and 220 trimmed.
The largest buyer was Ameriprise, adding an estimated $86M. The largest seller was AQR Capital Management, cutting an estimated $118M.
- 553 institutional investors held Fortinet (FTNT) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $9.33B of Fortinet stock for Q3 2019, down 1.8% quarter-over-quarter.
- 68 funds opened new Fortinet positions in Q3 2019 and 64 closed out, a net change of +4 holders.
- The largest Fortinet buyer in Q3 2019 was Ameriprise, an estimated $86M added.
- The largest Fortinet seller in Q3 2019 was AQR Capital Management, an estimated $118M sold.
Based on aggregated 13F filings for Q3 2019.