Fortinet
FTNT
1,295 hedge funds and large institutions have $48.4B invested in Fortinet in 2024 Q4 according to their latest regulatory filings, with 254 funds opening new positions, 452 increasing their positions, 419 reducing their positions, and 62 closing their positions.
310% more first-time investments, than exits
New positions opened: 254 | Existing positions closed: 62
43% more funds holding in top 10
Funds holding in top 10: 21 → 30 (+9)
25% more capital invested
Capital invested by funds: $38.8B → $48.4B (+$9.53B)
15% more funds holding
Funds holding: 1,123 → 1,295 (+172)
1.27% more ownership
Funds ownership: 65.52% → 66.79% (+1.3%)
8% more repeat investments, than reductions
Existing positions increased: 452 | Existing positions reduced: 419
18% less call options, than puts
Call options by funds: $679M | Put options by funds: $824M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$253M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$200M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$191M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$184M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$178M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
-$179M |
| 2 |
Millennium Management
New York
|
-$161M |
| 3 |
D.E. Shaw & Co
New York
|
-$157M |
| 4 |
Two Sigma Advisers
New York
|
-$147M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$146M |
FTNT Hedge Fund Activity: Q4 2024 in Review
1,295 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2024, worth a combined $48.4B — up 25% from $38.8B a quarter earlier.
Buyers outnumbered sellers: 254 funds opened new FTNT positions and 62 closed out — a net gain of 192 holders — while 452 added to existing stakes and 419 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $253M. The largest seller was Swedbank, cutting an estimated $179M.
- 1,295 institutional investors held Fortinet (FTNT) as of Q4 2024, up from 1,123 in Q3 2024.
- Funds reported $48.4B of Fortinet stock for Q4 2024, up 25% quarter-over-quarter.
- 254 funds opened new Fortinet positions in Q4 2024 and 62 closed out, a net change of +192 holders.
- The largest Fortinet buyer in Q4 2024 was Fidelity Investments, an estimated $253M added.
- The largest Fortinet seller in Q4 2024 was Swedbank, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2024.