Fortinet Ownership | Who Owns Fortinet?


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Fortinet Ownership Summary


Fortinet is owned by 64.54% institutional investors, 17.48% insiders, and 17.98% retail investors. Vanguard group is the largest institutional shareholder, holding 8.77% of FTNT shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 2.53% of its assets in Fortinet shares.

FTNT Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockFortinet64.54%17.48%17.98%
SectorTechnology Stocks 52.78%10.49%36.73%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group66.87M8.77%$4.03B
Blackrock55.24M7.25%$3.33B
Price t rowe associates inc /md/28.99M3.80%$1.75B
State street26.52M3.48%$1.60B
Bank of new york mellon17.89M2.35%$1.08B
Geode capital management14.53M1.91%$873.76M
Fundsmith llp10.29M1.35%$619.92M
Nordea investment management ab8.99M1.18%$543.26M
Morgan stanley8.69M1.14%$523.94M
Swedbank ab8.16M1.07%$491.61M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Hound partners2.41M29.10%$145.12M
Aldebaran financial78.48K6.20%$4.73M
2xideas712.83K5.36%$42.96M
American capital management2.34M4.73%$141.20M
Palmer knight111.20K3.21%$6.70M
Alamar capital management76.84K2.83%$4.63M
Account management39.77K2.72%$2.40M
Fundsmith llp10.29M2.53%$619.92M
Warther private wealth104.89K2.47%$6.32M
Knuff118.84K2.32%$7.16M

Top Buyers

HolderShares% AssetsChange
Marshall wace, llp6.24M0.50%4.15M
Two sigma advisers, lp6.98M0.94%3.03M
Van eck associates5.76M0.49%2.80M
Two sigma investments, lp3.76M0.52%2.56M
Hound partners2.41M29.10%2.41M

Top Sellers

HolderShares% AssetsChange
Alliancebernstein932.06K0.02%-12.70M
Price t rowe associates inc /md/28.99M0.21%-6.15M
Schroder investment management group---2.74M
Fmr979.46K0.00%-2.42M
Mirae asset global investments147.53K0.04%-1.67M

New Positions

HolderShares% AssetsChangeValue
Hound partners2.41M29.10%2.41M$145.12M
Mirae asset global etfs1.60M0.23%1.60M$96.49M
Norges bank903.59K0.01%903.59K$54.46M
Voloridge investment management446.88K0.10%446.88K$26.93M
J. safra sarasin287.02K0.32%287.02K$17.30M

Sold Out

HolderChange
Tfo-tdc-1.00
Oliver lagore vanvalin investment group-3.00
Studio investment management-5.00
Financial gravity asset management-6.00
Delta asset management llc/tn-10.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 20241,1614.88%493,744,892-2.48%641.47%5779.70%3822.41%
Jun 30, 20241,091-5.54%505,755,4920.62%661.54%519-5.64%367-8.48%
Mar 31, 20241,1554.52%502,620,5693.38%651.63%55011.11%401-7.82%
Dec 31, 20231,105-0.36%486,173,151-1.79%631.60%495-3.88%4356.62%
Sep 30, 20231,109-2.29%495,043,584-3.75%631.46%515-10.59%40810.87%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Vanguard Total Stock Mkt Idx Inv19.35M2.53%-69.03K
Vanguard Institutional 500 Index Trust16.83M2.20%200.36K
Invesco QQQ Trust14.81M1.94%-68.77K
Fundsmith Equity I Acc7.82M1.02%438.30K
Fidelity 500 Index7.80M1.02%-7.08K
SPDR® S&P 500® ETF Trust7.70M1.01%2.62K
iShares Core S&P 500 ETF7.07M0.92%10.88K
Vanguard Growth Index Investor6.67M0.87%43.02K
Vanguard Mid Cap Index Institutional6.49M0.85%11.84K
The Technology Select Sector SPDR® ETF4.94M0.65%-793.00

Recent Insider Transactions


DateNameRoleActivityValue
Nov 13, 2024Xie Ken PRESIDENT & CEOSell$754.80K
Nov 13, 2024Xie Ken PRESIDENT & CEOSell$995.68K
Nov 13, 2024Xie Ken PRESIDENT & CEOSell$516.84K
Nov 12, 2024Xie Ken PRESIDENT & CEOSell$365.32K
Nov 12, 2024Xie Ken PRESIDENT & CEOSell$1.86M

Insider Transactions Trends


DateBuySell
2024 Q4-16
2024 Q3118
2024 Q2117
2024 Q1119
2023 Q4112

FTNT Ownership FAQ


Who owns the most shares of Fortinet?

Fortinet’s largest shareholders are Vanguard group (66.87M shares, 8.77%), Blackrock (55.24M shares, 7.25%), and Price t rowe associates inc /md/ (28.99M shares, 3.80%). Together, they hold 19.82% of Fortinet’s total shares outstanding.

Does Blackrock own Fortinet?

Yes, BlackRock owns 7.25% of Fortinet, totaling 55.24M shares as of Jun 2024. This represents 0.08% of BlackRock's total assets, with a market value of 3.33B$. In the last quarter, BlackRock decreased its holdings by 2.24K shares, a 0% change.

Who is Fortinet’s biggest shareholder by percentage of total assets invested?

Hound partners is Fortinet’s biggest shareholder by percentage of total assets invested, with 29.10% of its assets in 2.41M Fortinet shares, valued at 145.12M$.

Who is the top mutual fund holder of Fortinet shares?

Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of Fortinet shares, with 2.53% of its total shares outstanding invested in 19.35M Fortinet shares.

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