Fortinet Ownership | Who Owns Fortinet?


OverviewForecastRevenueFinancialsChartTranscripts

Fortinet Ownership Summary


Fortinet is owned by 66.91% institutional investors, 16.87% insiders, and 16.22% retail investors. Vanguard group is the largest institutional shareholder, holding 8.90% 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


TypeName% Inst% Insiders% Retail
StockFortinet66.91%16.87%16.22%
SectorTechnology Stocks 144.02%12.52%-56.54%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group68.12M8.90%$6.44B
Blackrock funding, inc. /de63.86M8.33%$6.75B
Blackrock55.24M7.25%$3.33B
State street26.52M3.48%$1.60B
Bank of new york mellon15.95M2.09%$1.51B
Geode capital management15.27M2.00%$1.44B
Price t rowe associates inc /md/11.20M1.46%$1.06B
Morgan stanley8.69M1.14%$523.94M
Fundsmith llp8.42M1.10%$889.99M
Invesco8.39M1.10%$792.56M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
2xideas485.21K8.83%$51.30M
Aldebaran financial73.04K8.55%$7.72M
Warther private wealth182.16K5.01%$19.26M
American capital management1.01M4.44%$106.93M
Account management34.57K4.01%$3.65M
Fundsmith llp8.42M3.87%$889.99M
Fundsmith investment services2.51M3.59%$265.40M
Knuff107.92K3.59%$11.41M
Dsm capital partners2.43M3.55%$229.70M
Krs capital management46.08K3.26%$4.87M

Top Buyers

HolderShares% AssetsChange
Norges bank7.66M0.10%7.66M
Blackrock funding, inc. /de63.86M0.13%5.25M
Fmr6.53M0.04%2.85M
Invesco8.39M0.15%2.00M
Ubs group3.93M0.07%1.32M

Top Sellers

HolderShares% AssetsChange
Amundi3.37M0.12%-2.84M
Schroder investment management group---2.74M
Qube research1.70M0.18%-1.85M
Legal & general group5.80M0.14%-1.80M
D. e. shaw4.38M0.30%-1.77M

New Positions

HolderShares% AssetsChangeValue
Norges bank7.66M0.10%7.66M$724.05M
Montrusco bolton investments1.02M1.20%1.02M$108.06M
Fjarde ap-fonden (the fourth swedish national pensionfund)125.89K0.09%125.89K$7.59M
Sawgrass asset management93.67K1.13%93.67K$9.90M
Alamar capital management76.84K2.83%76.84K$4.63M

Sold Out

HolderChange
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


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Jun 30, 20251,4291.35%513,152,5931.98%661.56%717-0.14%4622.44%
Mar 31, 202514-98.95%4,724,513-99.07%-0.01%3-99.57%5-98.79%
Dec 31, 20241,2869.17%508,216,0282.59%661.58%67114.31%3972.58%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Vanguard Total Stock Mkt Idx Inv20.44M2.67%-474.46K
Vanguard US Total Market Shares ETF19.42M2.52%79.38K
Vanguard 500 Index Investor15.73M2.05%-2.30M
Invesco QQQ Trust15.70M2.05%-9.84K
Fidelity 500 Index8.05M1.05%23.67K
SPDR® S&P 500 ETF7.92M1.03%-115.94K
Fundsmith Equity I Acc7.82M1.02%-
R233 Fundsmith Equity (GBP)7.82M1.02%-
SPDR® S&P 500® ETF7.72M1.01%-32.08K
SPDR® S&P 500® ETF Trust7.71M1.00%-40.39K

Recent Insider Transactions


DateNameRoleActivityValue
Aug 04, 2025Xie Michael VP, ENGINEERING & CTOSell$1.37M
Aug 04, 2025Xie Michael VP, ENGINEERING & CTOSell$38.12M
Aug 04, 2025Xie Michael VP, ENGINEERING & CTOSell$7.45M
Aug 04, 2025Xie Ken PRESIDENT & CEOSell$477.03K
Aug 04, 2025Xie Ken PRESIDENT & CEOSell$12.72M

Insider Transactions Trends


DateBuySell
2025 Q3-7
2025 Q215
2025 Q1128
2024 Q4130
2024 Q3118

FTNT Ownership FAQ


Who owns the most shares of Fortinet?

Fortinet’s largest shareholders are Vanguard group (68.12M shares, 8.90%), Blackrock funding, inc. /de (63.86M shares, 8.33%), and Blackrock (55.24M shares, 7.25%). Together, they hold 24.48% 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?

2xideas is Fortinet’s biggest shareholder by percentage of total assets invested, with 8.83% of its assets in 485.21K Fortinet shares, valued at 51.3M$.

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 2.67% of its total shares outstanding invested in 20.44M Fortinet shares.

Try Tickergate Pro Free

Customize Everything. 100% Flexibility. Fast and Easy to Use (No code or Excel Needed)

  • Customize your own personal stocks lists, views and charts

  • Choose from hundreds of fields, up to 15 years of history

  • Conduct deep comparison analysis

  • Discover trending investment themes

  • Find your next best investment

  • Research stocks using tools