Fortinet
FTNT
789 hedge funds and large institutions have $27.1B invested in Fortinet in 2021 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 250 increasing their positions, 311 reducing their positions, and 59 closing their positions.
108% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 59
50% more funds holding in top 10
Funds holding in top 10: 16 → 24 (+8)
26% more capital invested
Capital invested by funds: $21.5B → $27.1B (+$5.6B)
8% more funds holding
Funds holding: 731 → 789 (+58)
10.11% less ownership
Funds ownership: 358.41% → 348.3% (-10%)
13% less call options, than puts
Call options by funds: $208M | Put options by funds: $239M
20% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 311
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$403M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$126M |
| 3 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$95M |
| 4 |
Bank of New York Mellon
New York
|
+$84.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$53.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$275M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$228M |
| 3 |
Renaissance Technologies
New York
|
-$179M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$101M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$78.3M |
FTNT Hedge Fund Activity: Q2 2021 in Review
789 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q2 2021, worth a combined $27.1B — up 26% from $21.5B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new FTNT positions and 59 closed out — a net gain of 64 holders — while 250 added to existing stakes and 311 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $403M. The largest seller was Ameriprise, cutting an estimated $275M.
- 789 institutional investors held Fortinet (FTNT) as of Q2 2021, up from 731 in Q1 2021.
- Funds reported $27.1B of Fortinet stock for Q2 2021, up 26% quarter-over-quarter.
- 123 funds opened new Fortinet positions in Q2 2021 and 59 closed out, a net change of +64 holders.
- The largest Fortinet buyer in Q2 2021 was T. Rowe Price Associates, an estimated $403M added.
- The largest Fortinet seller in Q2 2021 was Ameriprise, an estimated $275M sold.
Based on aggregated 13F filings for Q2 2021.