Who Owns Fortinet Stock?
NASDAQ: FTNTTechnologyComputer peripheral equipmentUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 71.42%
- Held by insiders
- 17.36%
- Institutional holders
- 2,261
- Institutions 71.4%
- Insiders 17.4%
- Public and other 11.2%
Who owns Fortinet stock?
Institutional investors own about 71.4% of Fortinet's shares, spread across 2,261 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 17.36% of FTNT.
The largest institutional holders are Blackrock Inc. (8.48%), Vanguard Capital Management LLC (5.54%) and State Street Corporation (4.04%). Together, the top 10 institutions control 33.0% of shares outstanding. In their latest filings, 4 of the top 10 institutions increased their FTNT positions and 6 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of FTNT
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 62.24M | 8.48% | +0.4% |
| Vanguard Capital Management LLC | 40.66M | 5.54% | +2.3% |
| State Street Corporation | 29.63M | 4.04% | +2.4% |
| Vanguard Portfolio Management LLC | 24.84M | 3.39% | -0.8% |
| Invesco Ltd. | 24.62M | 3.36% | -3.6% |
| Geode Capital Management, LLC | 17.44M | 2.38% | -0.1% |
| NORGES BANK | 12.45M | 1.70% | -14.3% |
| First Trust Advisors LP | 10.82M | 1.47% | -6.0% |
| Arrowstreet Capital, Limited Partnership | 10.13M | 1.38% | +4.9% |
| Bank Of New York Mellon Corporation | 9.33M | 1.27% | -30.0% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of FTNT
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 19.77M | 2.69% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 16.14M | 2.20% |
| Invesco QQQ Trust, Series 1 | 15.76M | 2.15% |
| First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF | 8.34M | 1.14% |
| iShares Trust-iShares Core S&P 500 ETF | 8.29M | 1.13% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 8.08M | 1.10% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 7.61M | 1.04% |
| VANGUARD INDEX FUNDS-Vanguard Growth Index Fund | 6.94M | 0.95% |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund | 6.75M | 0.92% |
| VANGUARD WORLD FUND-Vanguard Information Technology Index Fund | 5.18M | 0.71% |
Frequently asked questions
Who is the largest shareholder of Fortinet?
Blackrock Inc. is the largest institutional shareholder of FTNT, owning 8.48% of shares outstanding (62.24M shares) as of its latest 13F filing.
What percentage of Fortinet is owned by institutions?
Institutions own about 71.4% of FTNT shares and 86.4% of the public float.
How much of Fortinet do insiders own?
Insiders, such as officers and directors, own about 17.36% of FTNT shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.