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 54.54%11.27%34.19%

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
Dec 18, 2024Xie Ken PRESIDENT & CEOSell$510.53K
Dec 18, 2024Xie Ken PRESIDENT & CEOSell$335.45K
Dec 18, 2024Xie Ken PRESIDENT & CEOSell$432.19K
Dec 18, 2024Xie Ken PRESIDENT & CEOSell$587.27K
Dec 18, 2024Xie Ken PRESIDENT & CEOSell$284.08K

Insider Transactions Trends


DateBuySell
2024 Q4130
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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