Fortinet
FTNT
951 hedge funds and large institutions have $25.7B invested in Fortinet in 2022 Q4 according to their latest regulatory filings, with 156 funds opening new positions, 300 increasing their positions, 375 reducing their positions, and 75 closing their positions.
108% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 75
40% more call options, than puts
Call options by funds: $270M | Put options by funds: $193M
7% more funds holding
Funds holding: 891 → 951 (+60)
2.47% more ownership
Funds ownership: 64.93% → 67.4% (+2.5%)
2% more capital invested
Capital invested by funds: $25.2B → $25.7B (+$564M)
5% less funds holding in top 10
Funds holding in top 10: 20 → 19 (-1)
20% less repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 375
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$463M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$371M |
| 3 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$209M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$181M |
| 5 |
Swedbank
Stockholm,
Sweden
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$459M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$140M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$122M |
| 4 |
Holocene Advisors
New York
|
-$115M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$106M |
FTNT Hedge Fund Activity: Q4 2022 in Review
951 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2022, worth a combined $25.7B — up 2.2% from $25.2B a quarter earlier.
Buyers outnumbered sellers: 156 funds opened new FTNT positions and 75 closed out — a net gain of 81 holders — while 300 added to existing stakes and 375 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $463M. The largest seller was T. Rowe Price Associates, cutting an estimated $459M.
- 951 institutional investors held Fortinet (FTNT) as of Q4 2022, up from 891 in Q3 2022.
- Funds reported $25.7B of Fortinet stock for Q4 2022, up 2.2% quarter-over-quarter.
- 156 funds opened new Fortinet positions in Q4 2022 and 75 closed out, a net change of +81 holders.
- The largest Fortinet buyer in Q4 2022 was Fidelity Investments, an estimated $463M added.
- The largest Fortinet seller in Q4 2022 was T. Rowe Price Associates, an estimated $459M sold.
Based on aggregated 13F filings for Q4 2022.