Institutional Ownership
Vanguard Group Inc is the biggest individual institutional holder of Fortinet Inc (FTNT), owning a total of 72.7 million shares. Combined, the top 40 institutional holders of FTNT own 59.71% of the company with a total of 457.9 million shares.
In the latest ownership report on June 30th 2025, the top 40 institutional holders increased their combined ownership of FTNT by 15.9 million shares. 13 institutions bought 18,752,782 total additional shares and increased their ownership by an average of 12.80%. However 7 institutions sold 2,834,380 total shares and decreased their ownership by an average of 5.01%.
Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Fortinet increased by a net total of 15,918,402 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 | 9.486% | 1.430% | 72,686,920 | 1,024,516 | 2025-06-30 |
| BlackRock Inc | 8.335% | 8.954% | 63,864,600 | 5,248,360 | 2025-06-30 |
| State Street Corp | 3.809% | 3.045% | 29,183,161 | 862,468 | 2025-06-30 |
| Geode Capital Management, LLC | 2.208% | 5.150% | 16,916,974 | 828,569 | 2025-06-30 |
| NORGES BANK | 2.026% | 102.534% | 15,521,190 | 7,857,682 | 2025-06-30 |
| Bank of New York Mellon Corp | 1.900% | -4.521% | 14,556,712 | -689,275 | 2025-06-30 |
| Morgan Stanley - Brokerage Accounts | 1.223% | -4.660% | 9,370,789 | -458,052 | 2025-06-30 |
| Amvescap Plc. | 1.207% | 7.907% | 9,248,182 | 677,654 | 2025-06-30 |
| Fundsmith LLP | 1.099% | -1.228% | 8,418,362 | -104,678 | 2025-06-30 |
| T. Rowe Price Associates, Inc. | 1.057% | 4.728% | 8,099,888 | 365,655 | 2025-06-30 |
| FMR Inc | 1.050% | 2.278% | 8,044,824 | 179,159 | 2025-06-30 |
| Arrowstreet Capital Limited Partnership | 0.940% | -9.542% | 7,201,924 | -759,681 | 2025-06-30 |
| UBS Asset Mgmt Americas Inc | 0.933% | 1.878% | 7,148,244 | 131,777 | 2025-06-30 |
| Northern Trust Corp | 0.903% | 6.089% | 6,916,512 | 396,954 | 2025-06-30 |
| Nordea Investment Mgmt Bank Demark A/s | 0.878% | -2.067% | 6,726,135 | -141,941 | 2025-06-30 |
| AQR Capital Management LLC | 0.790% | 1.374% | 6,053,669 | 82,021 | 2025-06-30 |
| Legal & General Group PLC | 0.762% | 7.143% | 5,842,022 | 389,459 | 2025-06-30 |
| First Trust Advisors L.P. | 0.755% | 13.955% | 5,785,629 | 708,508 | 2025-06-30 |
| Bessemer Group Inc | 0.620% | -1.835% | 4,750,469 | -88,805 | 2025-06-30 |
| Barclays PLC | 0.609% | -11.251% | 4,669,280 | -591,948 | 2025-06-30 |
Top Institutions
| Owner | Percent Owned | Percent Change | Shares Owned | Share Change | Date Reported |
|---|---|---|---|---|---|
| Vanguard Group Inc | 9.486% | 1.430% | 72,686,920 | 1,024,516 | 2025-06-30 |
| BlackRock Inc | 8.335% | 8.954% | 63,864,600 | 5,248,360 | 2025-06-30 |
| State Street Corp | 3.809% | 3.045% | 29,183,161 | 862,468 | 2025-06-30 |
| State Street Corporation | 3.504% | 0.748% | 26,800,846 | 198,969 | 2024-03-31 |
| Geode Capital Management, LLC | 2.208% | 5.150% | 16,916,974 | 828,569 | 2025-06-30 |
| NORGES BANK | 2.026% | 102.534% | 15,521,190 | 7,857,682 | 2025-06-30 |
| Bank of New York Mellon Corp | 1.900% | -4.521% | 14,556,712 | -689,275 | 2025-06-30 |
| AllianceBernstein L.P. | 1.782% | -47.409% | 13,628,013 | -12,285,291 | 2024-03-31 |
| Altshuler Shaham Ltd | 1.260% | -2.031% | 9,842,735 | -204,010 | 2022-06-30 |
| Morgan Stanley - Brokerage Accounts | 1.223% | -4.660% | 9,370,789 | -458,052 | 2025-06-30 |
| Amvescap Plc. | 1.207% | 7.907% | 9,248,182 | 677,654 | 2025-06-30 |
| Fundsmith LLP | 1.099% | -1.228% | 8,418,362 | -104,678 | 2025-06-30 |
| T. Rowe Price Associates, Inc. | 1.057% | 4.728% | 8,099,888 | 365,655 | 2025-06-30 |
| FMR Inc | 1.050% | 2.278% | 8,044,824 | 179,159 | 2025-06-30 |
| Goldman Sachs Group Inc | 0.964% | 12.694% | 7,359,488 | 828,986 | 2023-12-31 |
| Arrowstreet Capital Limited Partnership | 0.940% | -9.542% | 7,201,924 | -759,681 | 2025-06-30 |
| UBS Asset Mgmt Americas Inc | 0.933% | 1.878% | 7,148,244 | 131,777 | 2025-06-30 |
| Viking Global Investors LP | 0.918% | -8.307% | 7,050,550 | -638,737 | 2023-09-30 |
| Northern Trust Corp | 0.903% | 6.089% | 6,916,512 | 396,954 | 2025-06-30 |
| Swedbank AB | 0.888% | -16.578% | 6,804,591 | -1,352,206 | 2024-09-30 |
| T. Rowe Price Investment Management,Inc. | 0.884% | -0.347% | 6,756,441 | -23,543 | 2024-12-31 |
| Nordea Investment Mgmt Bank Demark A/s | 0.878% | -2.067% | 6,726,135 | -141,941 | 2025-06-30 |
| 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 |
| Amundi | 0.812% | -5.560% | 6,211,739 | -365,728 | 2025-03-31 |
| D. E. Shaw & Co LP | 0.802% | 205.602% | 6,148,224 | 4,136,381 | 2024-09-30 |
| AQR Capital Management LLC | 0.790% | 1.374% | 6,053,669 | 82,021 | 2025-06-30 |
| Legal & General Group PLC | 0.762% | 7.143% | 5,842,022 | 389,459 | 2025-06-30 |
| First Trust Advisors L.P. | 0.755% | 13.955% | 5,785,629 | 708,508 | 2025-06-30 |
| Van Eck Associates Corporation | 0.751% | 94.897% | 5,755,599 | 2,802,446 | 2024-06-30 |
| ING Investment Management LLC | 0.711% | 160.797% | 5,426,282 | 3,345,630 | 2023-12-31 |
| JPMorgan Chase & Co | 0.706% | 4.638% | 5,418,075 | 240,153 | 2024-09-30 |
| Alphinity Investment Management Pty Ltd | 0.678% | 32.518% | 5,322,762 | 1,306,141 | 2023-03-31 |
| Ameriprise Financial Inc | 0.677% | 1.415% | 5,174,698 | 72,188 | 2024-03-31 |
| Bessemer Group Inc | 0.620% | -1.835% | 4,750,469 | -88,805 | 2025-06-30 |
| Barclays PLC | 0.609% | -11.251% | 4,669,280 | -591,948 | 2025-06-30 |
| 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 |
$FTNT headed back to all time highs shortly
$FTNT Growth/Value
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