Fortinet Ownership | Who Owns Fortinet?
Fortinet Ownership Summary
Fortinet is owned by 62.78% institutional investors, 17.39% insiders, and 19.83% retail investors. Vanguard group is the largest institutional shareholder, holding 9.66% of FTNT shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 2.58% of its assets in Fortinet shares.
FTNT Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Fortinet | 62.78% | 17.39% | 19.83% |
| Sector | Technology Stocks | 36.93% | 14.89% | 48.18% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Vanguard group | 73.75M | 9.66% | $5.86B |
| Blackrock funding, inc. /de | 61.97M | 8.34% | $5.06B |
| Blackrock | 55.24M | 7.25% | $3.33B |
| State street | 28.93M | 3.89% | $2.36B |
| Geode capital management | 17.46M | 2.35% | $1.43B |
| Norges bank | 14.52M | 1.95% | $1.15B |
| Bank of new york mellon | 13.33M | 1.79% | $1.09B |
| First trust advisors lp | 11.51M | 1.55% | $940.28M |
| Invesco | 10.01M | 1.35% | $817.63M |
| Arrowstreet capital, limited partnership | 9.65M | 1.30% | $788.68M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| 2xideas | 337.92K | 10.82% | $27.62M |
| Nutshell asset management | 143.78K | 6.38% | $11.75M |
| Aldebaran financial | 61.68K | 4.79% | $5.04M |
| Warther private wealth | 219.93K | 4.21% | $17.97M |
| Fundsmith llp | 6.16M | 3.92% | $503.12M |
| One8zero8 | 201.32K | 3.66% | $16.45M |
| American capital management | 828.92K | 3.64% | $67.74M |
| Spurstone advisory services | 2.50K | 3.50% | $204.30K |
| Palmer knight | 83.08K | 3.31% | $6.79M |
| Fulcrum capital | 174.59K | 3.10% | $14.27M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Norges bank | 14.52M | 0.12% | 14.52M |
| Arrowstreet capital, limited partnership | 9.65M | 0.43% | 4.50M |
| Aqr capital management | 7.77M | 0.29% | 3.66M |
| Vanguard fiduciary trust | 3.61M | 0.07% | 3.61M |
| First trust advisors lp | 11.51M | 0.67% | 3.60M |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Price t rowe associates inc /md/ | 1.31M | 0.01% | -2.84M |
| Schroder investment management group | - | - | -2.74M |
| Ameriprise financial | 1.95M | 0.04% | -2.64M |
| Dsm capital partners | - | - | -2.53M |
| Vanguard group | 73.75M | 0.08% | -1.84M |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Norges bank | 14.52M | 0.12% | 14.52M | $1.15B |
| Vanguard fiduciary trust | 3.61M | 0.07% | 3.61M | $295.15M |
| Vanguard global advisers | 1.38M | 0.06% | 1.38M | $112.99M |
| Vanguard asset management | 1.09M | 0.08% | 1.09M | $88.77M |
| Jupiter asset management | 938.55K | 0.39% | 938.55K | $73.32M |
Sold Out
| Holder | Change |
|---|---|
| Tfo-tdc | -1.00 |
| Mendota financial group | -1.00 |
| Caitong asset management | -2.00 |
| Goalvest advisory | -3.00 |
| Missouri trust & investment | -4.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Mar 31, 2025 | 14 | -98.95% | 4,724,513 | -99.07% | - | 0.01% | 3 | -99.57% | 5 | -98.79% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 18.86M | 2.58% | 53.47K |
| Vanguard US Total Market Shares ETF | 19.42M | 2.52% | 79.38K |
| Vanguard 500 Index Investor | 16.39M | 2.24% | 294.12K |
| Invesco QQQ Trust | 15.84M | 2.16% | 116.50K |
| First Trust NASDAQ Cybersecurity ETF | 8.61M | 1.18% | -8.55K |
| iShares Core S&P 500 ETF | 8.18M | 1.12% | 23.98K |
| Fidelity 500 Index | 8.07M | 1.10% | 28.14K |
| State Street® SPDR® S&P 500® ETF | 7.54M | 1.03% | -8.10K |
| SPDR® S&P 500 ETF | 7.92M | 1.03% | -115.94K |
| R233 Fundsmith Equity (GBP) | 7.82M | 1.02% | - |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Jun 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $1.86M |
| Jun 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $1.37M |
| Jun 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $2.85M |
| Jun 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $5.75M |
| Jun 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $5.49M |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2026 Q2 | - | 29 |
| 2026 Q1 | - | 7 |
| 2025 Q4 | - | 7 |
| 2025 Q3 | - | 7 |
| 2025 Q2 | 1 | 5 |
FTNT Ownership FAQ
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