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HomeStocksFTNTInstitutional Holders

FTNT logoFortinet, Inc. (FTNT) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-07

✨

Institutional ownership increased this quarter (+3.21 pp), with a relatively well-distributed shareholder base.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
70.8%$77.1B total value · ▲ +3.21 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
87 / 100Strong Smart Money
Institutions & Flow1,580 holders+233 net flow (+327 / -94)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+233)
  • Marquee funds including Jane Street Group, Llc and Susquehanna International Group, Llp maintain significant positions
  • Top 10 holders control 48.3% of institutional value
  • No Insider Signal

Top Institutional Holders of FTNT

Ranked by reported Q2 2026 13F market value

Top 10 Holders
48.3%
Top 25 Holders
66.7%

Share of total reported institutional value in FTNT held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.62.2M$9.56B+0.4%8.495%0.14%
2VANGUARD CAPITAL MANAGEMENT LLC40.7M$6.25B+2.3%5.550%0.13%
3STATE STREET CORP29.6M$4.55B+2.4%4.044%0.07%

Quarterly Institutional Activity

Filings activity in FTNT during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers327Added To1,132Trimmed65Exited94
  • ALLIANCEBERNSTEIN L.P.$65.0M
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$31.8M

FTNT Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 20261,580+20%70.76%+3.21 pp$77.07B+100%
Q1 20261,317+2.2%67.55%0.62 pp$38.60B+1.6%
Q4 20251,289+4.2%68.17%+1.67 pp$37.99B3.1%
Q3 20251,2378.3%66.50%1.33 pp$39.20B23%
Q2 20251,349+3.2%67.83%+1.59 pp$51.12B+13%
Q1 20251,307

FTNT — Frequently Asked Questions

Quick answers to the most common questions about buying FTNT stock.

What percentage of FTNT is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of Fortinet, Inc. stands at 70.8%, held across 1,580 reporting institutions.

Who is the largest institutional holder of FTNT?

BlackRock, Inc. is the largest reported institutional holder of FTNT, with approximately 62,242,221 shares worth $9.56B as of Q2 2026.

Is FTNT a hedge fund favorite?

Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of FTNT, including JANE STREET GROUP, LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC.

What is FTNT's Smart Money Score?

Our composite Smart Money Score for FTNT is 87 out of 100 (Strong Smart Money). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought FTNT this quarter?
4VANGUARD PORTFOLIO MANAGEMENT LLC24.8M$3.82B-0.8%3.391%0.17%
5Invesco Ltd.24.6M$3.78B+58.6%3.361%0.30%
6GEODE CAPITAL MANAGEMENT, LLC17.4M$2.68B-0.1%2.380%0.14%
7NORGES BANK12.4M$1.91B—1.699%0.19%
8FIRST TRUST ADVISORS LP10.8M$1.66B-6.0%1.476%0.98%
9ARROWSTREET CAPITAL, LIMITED PARTNERSHIP10.1M$1.56B+4.9%1.382%0.69%
10Bank of New York Mellon Corp9.3M$1.43B-30.0%1.273%0.24%
11GOLDMAN SACHS GROUP INC8.8M$1.35B-10.1%1.202%0.12%
12AQR CAPITAL MANAGEMENT LLC8.7M$1.33B+11.6%1.184%0.46%
13MORGAN STANLEY8.6M$1.32B-3.2%1.169%0.07%
14JANE STREET GROUP, LLC7.5M$1.15B+245.8%1.021%0.10%
15NORDEA INVESTMENT MANAGEMENT AB6.8M$1.03B-1.9%0.926%0.84%
16Legal & General Group Plc6.4M$979.1M-1.6%0.870%0.20%
17UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME6.3M$969.7M-16.4%0.862%0.18%
18NORTHERN TRUST CORP6.3M$964.6M+0.9%0.857%0.11%
19SUSQUEHANNA INTERNATIONAL GROUP, LLP5.1M$786.0M+6.4%0.698%0.06%
20JPMORGAN CHASE & CO5.0M$775.5M+5.4%0.681%0.04%
21CHARLES SCHWAB INVESTMENT MANAGEMENT INC5.0M$763.1M+6.0%0.678%0.10%
22D. E. Shaw & Co., Inc.4.8M$745.0M+65.7%0.662%0.35%
23Amundi4.7M$727.1M+23.2%0.646%0.17%
24CITADEL ADVISORS LLC4.4M$680.7M+46.0%0.605%0.04%
25DIMENSIONAL FUND ADVISORS LP4.3M$658.3M-2.2%0.585%0.12%

denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FTNT — a direct measure of their conviction.

Voleon Capital Management LP
$31.0M
  • LGT Group Foundation$21.2M
  • RPG Investment Advisory, LLC$16.8M
  • Warther Private Wealth, LLC$15.5M
  • SAWGRASS ASSET MANAGEMENT LLC$10.5M
  • Engineers Gate Manager LP$9.4M
  • Sarasin & Partners LLP$7.8M
  • Altrafin AG$7.7M
  • Ardmore Road Asset Management LP$6.6M
  • LGT Fund Management Co Ltd.$5.6M
  • +6.3%
    66.24%
    +0.44 pp
    $45.19B
    +3.3%
    Q4 20241,229+14%65.80%+1.59 pp$43.73B+25%
    Q3 20241,078—64.21%—$35.04B—

    Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

    327 institutions opened new positions in FTNT during Q2 2026, while 94 fully exited. 1,132 added to existing positions and 65 trimmed.

    How is institutional ownership of FTNT changing?

    FTNT institutional ownership rose by 3.21 percentage points quarter-over-quarter, with a net change of +263 holders.

    How concentrated is FTNT ownership among the top holders?

    The top 10 institutions account for 48.3% of all reported 13F value in FTNT, and the top 25 account for 66.7%.

    Where does this FTNT institutional ownership data come from?

    All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.

    FTNTFortinet, Inc.
    $118.84$87.1B
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