Fortinet Ownership | Who Owns Fortinet?
Fortinet Ownership Summary
Fortinet is owned by 68.56% institutional investors, 17.36% insiders, and 14.07% retail investors. Vanguard group is the largest institutional shareholder, holding 9.66% of FTNT shares. Vanguard MStar Total Stk Mkt Idx Invest is the top mutual fund, with 2.70% of its assets in Fortinet shares.
FTNT Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Fortinet | 68.56% | 17.36% | 14.07% |
| Sector | Technology Stocks | 53.83% | 15.00% | 31.18% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Vanguard group | 73.75M | 9.66% | $5.86B |
| Blackrock funding, inc. /de | 62.24M | 8.42% | $9.56B |
| Blackrock | 55.24M | 7.25% | $3.33B |
| Vanguard capital management | 40.66M | 5.50% | $6.25B |
| State street | 29.63M | 4.01% | $4.55B |
| Invesco | 24.62M | 3.33% | $3.78B |
| Geode capital management | 17.44M | 2.36% | $2.68B |
| Norges bank | 12.45M | 1.69% | $1.91B |
| First trust advisors lp | 10.82M | 1.46% | $1.66B |
| Arrowstreet capital, limited partnership | 10.13M | 1.37% | $1.56B |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| 2xideas | 211.15K | 13.96% | $32.44M |
| Aldebaran financial | 60.17K | 7.50% | $9.24M |
| Gladstone capital management llp | 397.56K | 6.04% | $61.07M |
| One8zero8 | 187.99K | 5.72% | $28.88M |
| Spurstone advisory services | 2.50K | 5.43% | $397.45K |
| Fulcrum capital | 165.21K | 5.15% | $25.38M |
| American capital management | 729.88K | 5.03% | $112.12M |
| Palmer knight | 80.66K | 4.77% | $12.39M |
| Account management | 29.27K | 4.54% | $4.50M |
| Nutshell asset management | 86.64K | 4.44% | $13.31M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Norges bank | 12.45M | 0.19% | 12.45M |
| Invesco | 24.62M | 0.30% | 9.09M |
| Sixth street partners management company | 4.97M | 0.10% | 4.97M |
| Jane street group | 4.08M | 0.05% | 3.94M |
| Acadian asset management | 4.42M | 0.81% | 3.00M |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Van eck associates | 1.99M | 0.19% | -5.49M |
| Bank of new york mellon | 9.33M | 0.24% | -4.01M |
| Schroder investment management group | - | - | -2.74M |
| Deutsche bank ag\ | 3.78M | 0.17% | -2.66M |
| Fundsmith llp | 3.63M | 4.09% | -2.53M |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Norges bank | 12.45M | 0.19% | 12.45M | $1.91B |
| Sixth street partners management company | 4.97M | 0.10% | 4.97M | $763.06M |
| Connor, clark & lunn investment management | 716.77K | 0.21% | 716.77K | $110.11M |
| Axa investment managers | 567.31K | 0.13% | 567.31K | $47.70M |
| Glenmede investment management, lp | 508.52K | 0.21% | 508.52K | $42.76M |
Sold Out
| Holder | Change |
|---|---|
| Tfo-tdc | -1.00 |
| Mendota financial group | -1.00 |
| Goalvest advisory | -3.00 |
| Stone house investment management | -3.00 |
| Missouri trust & investment | -4.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| Jun 30, 2026 | 1,638 | 17.76% | 506,548,476 | 4.73% | 68 | 1.60% | 848 | 25.82% | 554 | 13.52% |
| Mar 31, 2026 | 1,351 | -3.08% | 466,512,689 | -5.50% | 62 | 1.50% | 656 | -4.37% | 475 | -2.46% |
| Dec 31, 2025 | 896 | -32.58% | 291,787,187 | -38.94% | 38 | 0.98% | 449 | -22.18% | 321 | -38.51% |
| Sep 30, 2025 | 870 | -39.16% | 277,227,898 | -43.65% | 36 | 0.88% | 375 | -48.06% | 349 | -24.13% |
| Jun 30, 2025 | 1,429 | 1.35% | 513,152,593 | 1.98% | 66 | 1.56% | 717 | -0.14% | 462 | 2.44% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 19.83M | 2.70% | 56.37K |
| Vanguard Total Stock Mkt Idx Inv | 19.77M | 2.70% | 932.55K |
| Vanguard Morn Total Stk Mkt Idx Investor | 19.77M | 2.70% | 932.55K |
| Vanguard US Total Market Shares ETF | 19.42M | 2.52% | 79.38K |
| Vanguard 500 Index Investor | 16.35M | 2.23% | 171.64K |
| Invesco QQQ Trust | 15.17M | 2.07% | -192.38K |
| iShares Core S&P 500 ETF | 8.40M | 1.15% | 13.39K |
| First Trust NASDAQ Cybersecurity ETF | 8.07M | 1.10% | -12.93K |
| Fidelity 500 Index | 7.99M | 1.09% | -100.17K |
| State Street® SPDR® S&P 500® ETF | 7.69M | 1.05% | 6.50K |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Aug 03, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | $231.79K |
| Aug 03, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | $131.18K |
| Aug 03, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | $112.25K |
| Aug 03, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | $32.35K |
| Aug 03, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $2.95M |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2026 Q3 | - | 11 |
| 2026 Q2 | - | 29 |
| 2026 Q1 | - | 7 |
| 2025 Q4 | - | 7 |
| 2025 Q3 | - | 7 |
FTNT Ownership FAQ
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