Fortinet Ownership | Who Owns Fortinet?
Fortinet Ownership Summary
Fortinet is owned by 38.24% institutional investors, 17.35% insiders, and 44.42% 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 2.69% of its assets in Fortinet shares.
FTNT Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Fortinet | 38.24% | 17.35% | 44.42% |
| Sector | Technology Stocks | 35.18% | 13.13% | 51.68% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Vanguard group | 73.75M | 9.66% | $5.86B |
| Blackrock funding, inc. /de | 61.22M | 8.24% | $4.86B |
| Blackrock | 55.24M | 7.25% | $3.33B |
| State street | 29.66M | 3.87% | $2.49B |
| Geode capital management | 16.98M | 2.28% | $1.35B |
| Norges bank | 14.52M | 1.95% | $1.15B |
| Bank of new york mellon | 14.50M | 1.95% | $1.15B |
| Invesco | 10.82M | 1.41% | $909.45M |
| Morgan stanley | 8.31M | 1.12% | $660.08M |
| Fundsmith llp | 8.42M | 1.10% | $707.96M |
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 | 67.15K | 4.99% | $5.39M |
| 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 | 84.84K | 3.54% | $6.74M |
| American capital management | 963.36K | 3.23% | $81.00M |
| Spurstone advisory services | 2.50K | 3.12% | $198.53K |
| Fundsmith investment services | 2.28M | 2.99% | $191.68M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Norges bank | 14.52M | 0.12% | 14.52M |
| Goldman sachs group | 8.12M | 0.08% | 3.08M |
| 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 |
| Morgan stanley | 8.31M | 0.04% | -2.45M |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Norges bank | 14.52M | 0.12% | 14.52M | $1.15B |
| Capital world investors | 1.26M | 0.01% | 1.26M | $100.26M |
| Hrt financial lp | 729.47K | 0.18% | 729.47K | $57.93M |
| Axa investment managers | 567.31K | 0.13% | 567.31K | $47.70M |
| Glenmede investment management, lp | 508.52K | 0.21% | 508.52K | $42.76M |
Sold Out
| Holder | Change |
|---|---|
| Mendota financial group | -1.00 |
| Tfo-tdc | -1.00 |
| Goalvest advisory | -3.00 |
| Missouri trust & investment | -4.00 |
| Hazlett, burt & watson | -5.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Dec 31, 2024 | 1,286 | 9.17% | 508,216,028 | 2.59% | 66 | 1.58% | 671 | 14.31% | 397 | 2.58% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 19.88M | 2.69% | 42.31K |
| Vanguard US Total Market Shares ETF | 19.42M | 2.52% | 79.38K |
| Vanguard 500 Index Investor | 16.10M | 2.18% | 100.64K |
| Invesco QQQ Trust | 15.91M | 2.15% | -35.26K |
| iShares Core S&P 500 ETF | 8.05M | 1.09% | 1.43M |
| Fidelity 500 Index | 7.99M | 1.08% | -231.84K |
| SPDR® S&P 500 ETF | 7.92M | 1.03% | -115.94K |
| R233 Fundsmith Equity (GBP) | 7.82M | 1.02% | - |
| State Street® SPDR® S&P 500® ETF | 7.47M | 1.01% | -13.25K |
| SPDR® S&P 500® ETF | 7.69M | 1.00% | 94.37K |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Feb 03, 2026 | Ohlgart Christiane | Chief Financial Officer | Sell | $40.93K |
| Feb 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $96.74K |
| Feb 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $6.52M |
| Feb 02, 2026 | Xie Ken | PRESIDENT & CEO | Sell | $7.70M |
| Feb 02, 2026 | Xie Michael | VP, ENGINEERING & CTO | Sell | $10.48M |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2026 Q1 | - | 7 |
| 2025 Q4 | - | 7 |
| 2025 Q3 | - | 7 |
| 2025 Q2 | 1 | 5 |
| 2025 Q1 | 1 | 28 |
FTNT Ownership FAQ
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