Fortinet Inc (FTNT) Ownership

97.47 ↑2.72 (2.87%)

As of December 31, 1969, 7:00pm EST.

Institutions
Mutual Funds

Institutional Ownership

Vanguard Group Inc is the biggest individual institutional holder of Fortinet Inc (FTNT), owning a total of 67.4 million shares. Combined, the top 37 institutional holders of FTNT own 54.89% of the company with a total of 421.2 million shares.

In the latest ownership report on September 30th 2024, the top 37 institutional holders decreased their combined ownership of FTNT by 23.1 million shares. 7 institutions bought 8,875,749 total additional shares and increased their ownership by an average of 39.91%. However 12 institutions sold 32,021,463 total shares and decreased their ownership by an average of 15.88%.

Overall this is a negative sign as the number of shares owned by the top 20 institutional holders of Fortinet decreased by a net total of -23,145,714 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	8.792%	0.771%	67,384,476	515,242	2024-09-30
State Street Corp	3.559%	2.889%	27,281,279	766,135	2024-09-30
Bank of New York Mellon Corp	2.261%	-3.156%	17,327,929	-564,636	2024-09-30
Geode Capital Management, LLC	1.942%	2.441%	14,883,012	354,692	2024-09-30
T. Rowe Price Associates, Inc.	1.577%	-58.318%	12,083,499	-16,906,341	2024-09-30
Fundsmith LLP	1.320%	-1.627%	10,118,293	-167,371	2024-09-30
Morgan Stanley - Brokerage Accounts	1.214%	-46.504%	9,301,061	-8,085,415	2024-09-30
Nordea Investment Mgmt Bank Demark A/s	1.170%	-0.170%	8,970,161	-15,279	2024-09-30
Legal & General Group PLC	0.991%	13.187%	7,598,754	885,305	2024-09-30
Barclays PLC	0.890%	-25.710%	6,821,288	-2,360,730	2024-09-30
Swedbank AB	0.888%	-16.578%	6,804,591	-1,352,206	2024-09-30
T. Rowe Price Investment Management,Inc.	0.885%	-0.387%	6,779,984	-26,318	2024-09-30
Amvescap Plc.	0.833%	-3.127%	6,387,805	-206,158	2024-09-30
Two Sigma Advisers, LLC	0.823%	-9.616%	6,309,820	-671,300	2024-09-30
D. E. Shaw & Co LP	0.802%	205.602%	6,148,224	4,136,381	2024-09-30
UBS Asset Mgmt Americas Inc	0.755%	10.347%	5,787,931	542,727	2024-09-30
Northern Trust Corp	0.720%	-4.204%	5,519,087	-242,184	2024-09-30
Arrowstreet Capital Limited Partnership	0.714%	44.142%	5,470,442	1,675,267	2024-09-30
First Trust Advisors L.P.	0.693%	-21.143%	5,309,346	-1,423,525	2024-09-30

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	8.792%	0.771%	67,384,476	515,242	2024-09-30
BlackRock Inc	7.207%	0.004%	55,236,829	2,240	2024-06-30
State Street Corp	3.559%	2.889%	27,281,279	766,135	2024-09-30
State Street Corporation	3.504%	0.748%	26,800,846	198,969	2024-03-31
Bank of New York Mellon Corp	2.261%	-3.156%	17,327,929	-564,636	2024-09-30
Geode Capital Management, LLC	1.942%	2.441%	14,883,012	354,692	2024-09-30
AllianceBernstein L.P.	1.782%	-47.409%	13,628,013	-12,285,291	2024-03-31
T. Rowe Price Associates, Inc.	1.577%	-58.318%	12,083,499	-16,906,341	2024-09-30
Fundsmith LLP	1.320%	-1.627%	10,118,293	-167,371	2024-09-30
Altshuler Shaham Ltd	1.260%	-2.031%	9,842,735	-204,010	2022-06-30
Morgan Stanley - Brokerage Accounts	1.214%	-46.504%	9,301,061	-8,085,415	2024-09-30
Nordea Investment Mgmt Bank Demark A/s	1.170%	-0.170%	8,970,161	-15,279	2024-09-30
FMR Inc	1.143%	-42.828%	8,774,011	-6,572,750	2023-09-30
Legal & General Group PLC	0.991%	13.187%	7,598,754	885,305	2024-09-30
Goldman Sachs Group Inc	0.964%	12.694%	7,359,488	828,986	2023-12-31
Viking Global Investors LP	0.918%	-8.307%	7,050,550	-638,737	2023-09-30
Barclays PLC	0.890%	-25.710%	6,821,288	-2,360,730	2024-09-30
Swedbank AB	0.888%	-16.578%	6,804,591	-1,352,206	2024-09-30
T. Rowe Price Investment Management,Inc.	0.885%	-0.387%	6,779,984	-26,318	2024-09-30
NORGES BANK	0.815%	25.068%	6,401,386	1,283,061	2022-12-31
Amvescap Plc.	0.833%	-3.127%	6,387,805	-206,158	2024-09-30
Two Sigma Advisers, LLC	0.823%	-9.616%	6,309,820	-671,300	2024-09-30
Marshall Wace Asset Management Ltd	0.815%	198.462%	6,238,856	4,148,520	2024-06-30
D. E. Shaw & Co LP	0.802%	205.602%	6,148,224	4,136,381	2024-09-30
UBS Asset Mgmt Americas Inc	0.755%	10.347%	5,787,931	542,727	2024-09-30
Van Eck Associates Corporation	0.751%	94.897%	5,755,599	2,802,446	2024-06-30
Northern Trust Corp	0.720%	-4.204%	5,519,087	-242,184	2024-09-30
Arrowstreet Capital Limited Partnership	0.714%	44.142%	5,470,442	1,675,267	2024-09-30
ING Investment Management LLC	0.711%	160.797%	5,426,282	3,345,630	2023-12-31
Alphinity Investment Management Pty Ltd	0.678%	32.518%	5,322,762	1,306,141	2023-03-31
First Trust Advisors L.P.	0.693%	-21.143%	5,309,346	-1,423,525	2024-09-30
Amundi	0.680%	22.388%	5,280,888	966,015	2023-06-30
Ameriprise Financial Inc	0.677%	1.415%	5,174,698	72,188	2024-03-31
Renaissance Technologies Corp	0.572%	-13.889%	4,368,994	-704,700	2024-03-31
Bank of America Corp	0.545%	-9.359%	4,253,796	-439,230	2022-09-30
TD Asset Management Inc	0.514%	-2.291%	4,013,684	-94,101	2022-06-30
Jacobs Levy Equity Management, Inc.	0.523%	24.283%	3,996,822	780,928	2024-03-31

Mutual Fund Ownership

Vanguard Instl Ttl Stck Mkt Idx Tr is the biggest individual fund holder of Fortinet Inc (FTNT), owning a total of 20.6 million shares. Combined, the top 35 mutual fund holders of FTNT own 30.08% of the company with a total of 231.3 million shares.

In the latest ownership report on November 30th 2024, the top 35 fund holders increased their combined ownership of FTNT by 189 thousand shares. 4 funds bought 353,716 total additional shares and increased their ownership by an average of 0.76%. However 4 funds sold 164,844 total shares and decreased their ownership by an average of 0.46%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Fortinet increased by a net total of 188,872 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	2.510%	-0.573%	19,235,389	-110,773	2024-11-30
Vanguard Institutional 500 Index Trust	2.227%	1.422%	17,068,864	239,313	2024-11-30
Invesco QQQ Trust	1.982%	0.000%	15,188,009	0	2024-11-30
SPDR® S&P 500® ETF Trust	1.021%	0.596%	7,825,120	46,376	2024-11-30
iShares Core S&P 500 ETF	0.936%	0.000%	7,175,501	0	2024-11-30
Vanguard Growth Index Investor	0.874%	0.510%	6,700,299	34,012	2024-11-30
Vanguard Mid Cap Index Institutional	0.851%	0.524%	6,525,436	34,015	2024-11-30
The Technology Select Sector SPDR® ETF	0.644%	0.000%	4,936,307	0	2024-11-30
Vanguard Information Technology ETF	0.572%	-0.827%	4,385,243	-36,581	2024-11-30
Vanguard Institutional Index I	0.524%	-0.394%	4,017,518	-15,890	2024-11-30
Swedbank Robur Technology A	0.405%	0.000%	3,100,000	0	2024-11-30
State St S&P 500® Indx SL Cl III	0.401%	-0.052%	3,076,224	-1,600	2024-11-30
VanEck Morningstar Wide Moat ETF	0.380%	0.000%	2,912,448	0	2024-11-30

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Instl Ttl Stck Mkt Idx Tr	2.648%	1.797%	20,556,501	362,910	2023-03-31
Vanguard Total Stock Mkt Idx Inv	2.510%	-0.573%	19,235,389	-110,773	2024-11-30
Vanguard Institutional 500 Index Trust	2.227%	1.422%	17,068,864	239,313	2024-11-30
Vanguard 500 Index Investor	1.999%	0.545%	15,696,007	85,088	2023-08-31
Invesco QQQ Trust	1.982%	0.000%	15,188,009	0	2024-11-30
Performer (AFRIS)	1.113%	0.000%	8,509,454	8,509,454	2024-02-29
SPDR® S&P 500® ETF Trust	1.021%	0.596%	7,825,120	46,376	2024-11-30
Fundsmith Equity I Acc	1.021%	5.936%	7,821,560	438,297	2024-06-30
Fidelity 500 Index	1.017%	-0.164%	7,791,740	-12,802	2024-10-31
SPDR® S&P 500 ETF Trust	0.997%	0.700%	7,614,314	52,920	2024-05-30
Fidelity® 500 Index	0.989%	0.641%	7,595,647	48,337	2023-11-30
iShares Core S&P 500 ETF	0.936%	0.000%	7,175,501	0	2024-11-30
Vanguard Growth Index Investor	0.874%	0.510%	6,700,299	34,012	2024-11-30
Vanguard Mid Cap Index Institutional	0.851%	0.524%	6,525,436	34,015	2024-11-30
The Technology Select Sector SPDR® ETF	0.644%	0.000%	4,936,307	0	2024-11-30
Vanguard Information Technology ETF	0.572%	-0.827%	4,385,243	-36,581	2024-11-30
Technology Select Sector SPDR® ETF	0.571%	0.113%	4,364,931	4,921	2024-05-30
AllianceBernstein US L/C Growth Eqty MF	0.557%	0.531%	4,254,848	22,480	2024-04-30
Fidelity® Magellan®	0.531%	-1.169%	4,168,700	-49,300	2023-07-31
Vanguard Institutional Index I	0.524%	-0.394%	4,017,518	-15,890	2024-11-30
AB Large Cap Growth A	0.517%	0.000%	3,951,787	0	2024-04-30
T. Rowe Price US Growth Stock Composite	0.516%	-27.814%	3,948,017	-1,521,228	2024-06-30
T. Rowe Price Growth Stock	0.516%	-27.814%	3,948,017	-1,521,228	2024-06-30
iShares MSCI USA Quality Factor ETF	0.485%	0.019%	3,708,006	693	2024-05-29
First Trust NASDAQ Cybersecurity ETF	0.459%	0.000%	3,519,867	0	2024-11-28
Columbia Seligman Technology Growth	0.448%	18.295%	3,511,603	543,088	2022-12-31
T. Rowe Price Growth Stock Tr-B	0.439%	0.000%	3,354,440	3,354,440	2024-03-31
T. Rowe Price US Mid-Cap Growth Equity	0.429%	-0.276%	3,286,400	-9,100	2024-09-30
T. Rowe Price Mid-Cap Growth	0.428%	-0.097%	3,283,200	-3,200	2024-10-31
Swedbank Robur Technology A	0.405%	0.000%	3,100,000	0	2024-11-30
State St S&P 500® Indx SL Cl III	0.401%	-0.052%	3,076,224	-1,600	2024-11-30
VanEck Morningstar Wide Moat	0.383%	-45.861%	2,934,850	-2,486,140	2024-09-30
VanEck Morningstar Wide Moat ETF	0.380%	0.000%	2,912,448	0	2024-11-30
Pictet-Security I USD	0.374%	-2.673%	2,875,135	-78,949	2023-07-31
Blackrock Eq Idx Fund CF	0.315%	7.576%	2,413,565	169,970	2024-09-30