Fortinet Ownership | Who Owns Fortinet?
Fortinet Ownership Summary
Fortinet is owned by 36.15% institutional investors, 17.38% insiders, and 46.47% retail investors. Vanguard group is the largest institutional shareholder, holding 9.86% of FTNT shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 2.67% of its assets in Fortinet shares.
FTNT Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Fortinet | 36.15% | 17.38% | 46.47% |
| Sector | Technology Stocks | 50.63% | 12.54% | 36.83% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Vanguard group | 75.58M | 9.86% | $6.35B |
| Blackrock funding, inc. /de | 62.13M | 8.10% | $5.22B |
| Blackrock | 55.24M | 7.25% | $3.33B |
| State street | 29.66M | 3.87% | $2.49B |
| Geode capital management | 17.18M | 2.24% | $1.44B |
| Bank of new york mellon | 13.61M | 1.77% | $1.14B |
| Invesco | 10.82M | 1.41% | $909.45M |
| Morgan stanley | 10.76M | 1.40% | $904.57M |
| Fundsmith llp | 8.42M | 1.10% | $707.96M |
| Norges bank | 7.66M | 1.00% | $724.05M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| Nutshell asset management | 237.88K | 9.54% | $20.00M |
| 2xideas | 504.81K | 8.96% | $42.44M |
| Aldebaran financial | 73.04K | 8.55% | $7.72M |
| Warther private wealth | 242.84K | 4.83% | $20.42M |
| One8zero8 | 215.47K | 3.91% | $18.12M |
| Fundsmith llp | 8.42M | 3.58% | $707.96M |
| Palmer knight | 84.95K | 3.38% | $7.14M |
| American capital management | 963.36K | 3.23% | $81.00M |
| Account management | 34.57K | 3.10% | $2.91M |
| Spurstone advisory services | 2.50K | 3.01% | $210.20K |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Norges bank | 7.66M | 0.10% | 7.66M |
| Vanguard group | 75.58M | 0.10% | 2.89M |
| Van eck associates | 5.56M | 0.43% | 2.13M |
| First trust advisors lp | 7.58M | 0.47% | 1.79M |
| Invesco | 10.82M | 0.14% | 1.57M |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Fmr | 3.86M | 0.02% | -4.19M |
| Schroder investment management group | - | - | -2.74M |
| Arrowstreet capital, limited partnership | 4.64M | 0.25% | -2.56M |
| Dsm capital partners | - | - | -2.53M |
| Dz bank ag deutsche zentral genossenschafts bank, frankfurt am main | 126.55K | 0.01% | -2.43M |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Norges bank | 7.66M | 0.10% | 7.66M | $724.05M |
| Axa investment managers | 567.31K | 0.13% | 567.31K | $47.70M |
| Glenmede investment management, lp | 508.52K | 0.21% | 508.52K | $42.76M |
| Boston trust walden | 363.18K | 0.22% | 363.18K | $30.54M |
| Ardmore road asset management lp | 250.00K | 1.36% | 250.00K | $21.02M |
Sold Out
| Holder | Change |
|---|---|
| Tfo-tdc | -1.00 |
| Mendota financial group | -1.00 |
| Goalvest advisory | -3.00 |
| Hm payson | -4.00 |
| Missouri trust & investment | -4.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Mar 31, 2025 | 14 | -98.95% | 4,724,513 | -99.07% | - | 0.01% | 3 | -99.57% | 5 | -98.79% |
| Dec 31, 2024 | 1,286 | 9.17% | 508,216,028 | 2.59% | 66 | 1.58% | 671 | 14.31% | 397 | 2.58% |
| Sep 30, 2024 | 1,161 | 4.88% | 493,744,892 | -2.48% | 64 | 1.47% | 577 | 9.70% | 382 | 2.41% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 20.44M | 2.67% | -474.46K |
| Vanguard US Total Market Shares ETF | 19.42M | 2.52% | 79.38K |
| Invesco QQQ Trust | 15.78M | 2.06% | 109.47K |
| Vanguard 500 Index Investor | 15.73M | 2.05% | -2.30M |
| Fidelity 500 Index | 8.05M | 1.05% | 3.46K |
| SPDR® S&P 500 ETF | 7.92M | 1.03% | -115.94K |
| Fundsmith Equity I Acc | 7.82M | 1.02% | - |
| R233 Fundsmith Equity (GBP) | 7.82M | 1.02% | - |
| SPDR® S&P 500® ETF | 7.69M | 1.00% | 94.37K |
| SPDR® S&P 500® ETF Trust | 7.71M | 1.00% | -40.39K |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Nov 03, 2025 | Xie Ken | PRESIDENT & CEO | Sell | $5.25M |
| Nov 03, 2025 | Xie Ken | PRESIDENT & CEO | Sell | $5.00M |
| Nov 03, 2025 | Xie Ken | PRESIDENT & CEO | Sell | $3.46M |
| Nov 04, 2025 | Ohlgart Christiane | Chief Financial Officer | Sell | $9.52K |
| Nov 03, 2025 | Xie Michael | VP, ENGINEERING & CTO | Sell | $59.76K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2025 Q4 | - | 7 |
| 2025 Q3 | - | 7 |
| 2025 Q2 | 1 | 5 |
| 2025 Q1 | 1 | 28 |
| 2024 Q4 | 1 | 30 |
FTNT Ownership FAQ
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