DaveManuel.com · Institutional Ownership · Who Owns It
FORTINET INC (FTNT)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,597
Reporting holders
$80.1B
Reported value
68.7%
Of shares outstanding
1.6%
Calls
1.9%
Puts
+255
Holder change
Institutions report 503,861,354 shares against 733,713,653 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $9.6B | 62,242,221 | 0.14% | 8q | HELD |
| VANGUARD CAPITAL MANAGEMENT LLC | $6.2B | 40,663,961 | 0.13% | 2q | +2.3%+$139.7M |
| STATE STREET CORP | $4.6B | 29,630,652 | 0.13% | 31q | +2.4%+$107.7M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $3.8B | 24,844,685 | 0.17% | 2q | -0.8%-$29.6M |
| Invesco Ltd. | $3.8B | 24,621,016 | 0.30% | 31q | -3.6%-$140.3M |
| GEODE CAPITAL MANAGEMENT, LLC | $2.7B | 17,439,799 | 0.14% | 31q | HELD |
| NORGES BANK | $1.9B | 12,449,356 | 0.19% | 32q | -14.3%-$317.9M |
| FIRST TRUST ADVISORS LP | $1.7B | 10,815,814 | 0.98% | 31q | -6.0%-$106.1M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $1.6B | 10,127,342 | 0.69% | 31q | +4.9%+$73.2M |
| Bank of New York Mellon Corp | $1.4B | 9,327,182 | 0.24% | 31q | -30.0%-$615.4M |
| GOLDMAN SACHS GROUP INC | $1.4B incl. $107.8M options CALL+PUT | 8,101,402 | 0.12% | 31q | -9.8%-$146.2M |
| AQR CAPITAL MANAGEMENT LLC | $1.3B | 8,673,742 | 0.46% | 31q | +11.6%+$138.5M |
| MORGAN STANLEY | $1.3B | 8,561,672 | 0.07% | 35q | -3.2%-$43.4M |
| JANE STREET GROUP, LLC | $1.1B incl. $521.6M options CALL+PUT | 4,082,817 | 0.10% | 31q | +2769.3%+$1.1B |
| NORDEA INVESTMENT MANAGEMENT AB | $1.0B | 6,782,111 | 0.84% | 31q | -1.9%-$20.0M |
| Legal & General Group Plc | $979.1M | 6,373,269 | 0.20% | 31q | -1.6%-$16.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $969.7M | 6,312,496 | 0.18% | 31q | -16.4%-$190.7M |
| NORTHERN TRUST CORP | $964.6M | 6,279,098 | 0.11% | 31q | +0.9%+$8.8M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $786.0M incl. $650.7M options CALL+PUT | 880,488 | 0.06% | 31q | +203.6%+$527.0M |
| JPMORGAN CHASE & CO | $781.0M incl. $5.5M options CALL+PUT | 4,989,587 | 0.04% | 31q | +5.4%+$40.2M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $763.1M | 4,967,178 | 0.10% | 31q | +6.0%+$43.1M |
| D. E. Shaw & Co., Inc. | $745.0M | 4,849,811 | 0.35% | 31q | +69.1%+$304.5M |
| Amundi | $727.1M | 4,732,986 | 0.17% | 21q | +23.1%+$136.7M |
| CITADEL ADVISORS LLC | $680.7M incl. $315.1M options CALL+PUT | 2,379,364 | 0.08% | 31q | +131.6%+$386.7M |
| ACADIAN ASSET MANAGEMENT LLC | $679.2M | 4,421,914 | 0.81% | 25q | +210.8%+$460.7M |
| DIMENSIONAL FUND ADVISORS LP | $658.3M | 4,285,254 | 0.12% | 31q | -2.2%-$14.9M |
| BANK OF AMERICA CORP /DE/ | $656.9M | 4,275,821 | 0.04% | 31q | -7.9%-$56.6M |
| DEUTSCHE BANK AG\ | $581.1M | 3,782,726 | 0.17% | 34q | -41.3%-$408.8M |
| Fundsmith LLP | $557.6M | 3,629,938 | 4.09% | 24q | -41.0%-$388.2M |
| VANGUARD FIDUCIARY TRUST CO | $549.1M | 3,574,490 | 0.12% | 2q | -1.0%-$5.7M |
| Swedbank AB | $537.1M | 3,496,346 | 0.46% | 21q | -6.1%-$34.6M |
| AMERIPRISE FINANCIAL INC | $518.2M | 3,372,641 | 0.10% | 31q | +73.0%+$218.6M |
| UBS Group AG | $492.8M incl. $5.5M options CALL+PUT | 3,172,422 | 0.06% | 31q | +4.4%+$20.8M |
| FMR LLC | $474.3M | 3,087,344 | 0.02% | 31q | -8.9%-$46.6M |
| Capital World Investors | $420.9M | 2,739,976 | 0.05% | 3q | +70.6%+$174.2M |
| CITIGROUP INC | $403.7M incl. $691.3K options PUT | 2,623,609 | 0.13% | 31q | -9.1%-$40.5M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $394.0M | 2,564,536 | 1.42% | 31q | -16.0%-$74.9M |
| TWO SIGMA INVESTMENTS, LP | $359.8M incl. $26.2M options CALL+PUT | 2,171,408 | 0.26% | 15q | +93.1%+$173.5M |
| Nuveen, LLC | $334.0M | 2,174,455 | 0.08% | 6q | -1.4%-$4.8M |
| Pictet Asset Management Holding SA | $330.6M | 2,151,719 | 0.32% | 12q | -34.5%-$174.5M |
| MILLENNIUM MANAGEMENT LLC | $310.5M incl. $144.8M options CALL+PUT | 1,078,743 | 0.11% | 18q | +3795.5%+$302.5M |
| VAN ECK ASSOCIATES CORP | $306.1M | 1,992,788 | 0.19% | 23q | -73.4%-$843.3M |
| BNP PARIBAS FINANCIAL MARKETS | $291.2M incl. $9.9M options PUT | 1,831,427 | 0.10% | 31q | +45.5%+$91.0M |
| BARCLAYS PLC | $283.0M | 1,841,919 | 0.05% | 31q | -16.0%-$54.0M |
| Swiss National Bank | $272.5M | 1,773,900 | 0.14% | 31q | -4.4%-$12.5M |
| ROYAL BANK OF CANADA | $258.3M incl. $23.0M options CALL | 1,531,148 | 0.04% | 31q | -22.4%-$74.7M |
| Robeco Institutional Asset Management B.V. | $256.2M | 1,667,939 | 0.31% | 37q | -25.9%-$89.5M |
| VOYA INVESTMENT MANAGEMENT LLC | $248.6M | 1,618,214 | 0.21% | 31q | +2.9%+$7.0M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $248.4M | 1,616,922 | 0.02% | 31q | +23.1%+$46.6M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $245.9M | 1,600,783 | 0.14% | 31q | +7.0%+$16.0M |
| Russell Investments Group, Ltd. | $243.4M | 1,579,620 | 0.21% | 31q | +22.1%+$44.1M |
| VICTORY CAPITAL MANAGEMENT INC | $239.9M | 1,561,959 | 0.13% | 31q | -7.4%-$19.1M |
| Sumitomo Mitsui Trust Group, Inc. | $231.2M | 1,505,056 | 0.13% | 31q | -1.8%-$4.1M |
| BANK OF MONTREAL /CAN/ | $230.9M incl. $92.2K options CALL+PUT | 1,502,272 | 0.08% | 31q | -2.7%-$6.4M |
| FEDERATED HERMES, INC. | $226.9M | 1,477,221 | 0.33% | 31q | +53.8%+$79.4M |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $210.9M | 1,372,630 | 0.72% | 3q | +39790.4%+$210.3M |
| IMC-Chicago, LLC | $208.9M incl. $186.6M options CALL+PUT | 144,905 | 0.05% | 13q | +167.9%+$130.9M |
| Vanguard Global Advisers, LLC | $206.9M | 1,346,634 | 0.10% | 2q | -2.6%-$5.5M |
| CANADA PENSION PLAN INVESTMENT BOARD | $191.8M | 1,248,237 | 0.11% | 31q | +8.7%+$15.3M |
| Vident Advisory, LLC | $186.1M | 1,211,318 | 1.34% | 12q | -7.2%-$14.4M |
| SG Americas Securities, LLC | $185.8M incl. $4.1M options CALL | 1,182,846 | 0.10% | 31q | -14.9%-$32.6M |
| VANGUARD ASSET MANAGEMENT, Ltd | $184.3M | 1,199,792 | 0.12% | 2q | +10.5%+$17.4M |
| California Public Employees Retirement System | $182.5M | 1,187,902 | 0.10% | 31q | -5.2%-$9.9M |
| BESSEMER GROUP INC | $180.9M | 1,177,458 | 0.25% | 31q | -67.6%-$377.0M |
| HSBC HOLDINGS PLC | $180.5M incl. $1.2M options CALL+PUT | 1,169,797 | 0.08% | 31q | -5.9%-$11.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $178.3M | 1,160,377 | 0.34% | 31q | -4.4%-$8.2M |
| RHUMBLINE ADVISERS | $177.3M | 1,154,164 | 0.13% | 31q | -1.4%-$2.6M |
| FUNDSMITH INVESTMENT SERVICES LTD. | $173.0M | 1,126,234 | 3.83% | 13q | -32.1%-$82.0M |
| Tidal Investments LLC | $169.2M incl. $89.2M options CALL+PUT | 520,537 | 0.29% | 23q | -11.2%-$21.3M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $168.6M | 1,096,816 | 0.20% | 9q | -25.4%-$57.4M |
| National Pension Service | $156.8M | 1,020,902 | 0.10% | 31q | -6.6%-$11.1M |
| MARSHALL WACE, LLP | $148.7M | 967,900 | 0.12% | 21q | HELD |
| Allianz Asset Management GmbH | $146.1M incl. $16.4M options CALL+PUT | 844,678 | 0.12% | 40q | +15.7%+$19.8M |
| PRUDENTIAL FINANCIAL INC | $145.2M | 945,216 | 0.16% | 31q | +63.0%+$56.1M |
| TD Asset Management Inc | $145.2M | 944,991 | 0.13% | 31q | +3.4%+$4.8M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $145.1M | 944,524 | 0.13% | 31q | +1.8%+$2.6M |
| HRT FINANCIAL LP | $143.1M incl. $261.0K options OPT | 931,711 | 0.26% | 3q | +369.0%+$112.6M |
| Alyeska Investment Group, L.P. | $142.4M | 926,793 | 0.37% | 2q | -24.4%-$45.9M |
| Qube Research & Technologies Ltd | $142.0M incl. $14.8M options CALL+PUT | 827,858 | 0.13% | 13q | +1571.6%+$133.5M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $141.4M | 920,287 | 0.14% | 31q | -41.7%-$101.3M |
| Penserra Capital Management LLC | $139.4M | 907,394 | 1.07% | 28q | -21.4%-$38.0M |
| Woodline Partners LP | $136.2M | 886,908 | 0.42% | 8q | +145.5%+$80.7M |
| PANAGORA ASSET MANAGEMENT INC | $132.4M | 861,638 | 0.41% | 31q | +450.5%+$108.3M |
| ROYAL LONDON ASSET MANAGEMENT LTD | $129.2M | 841,090 | 0.24% | 23q | -25.1%-$43.3M |
| Vinva Investment Management Ltd | $128.4M | 825,869 | 0.85% | 14q | +37.8%+$35.2M |
| OSSIAM | $128.1M | 833,968 | 1.70% | 29q | +15.5%+$17.2M |
| ProShare Advisors LLC | $122.2M | 795,777 | 0.18% | 14q | -24.6%-$39.9M |
| PRINCIPAL FINANCIAL GROUP INC | $122.1M | 794,903 | 0.06% | 31q | -1.6%-$2.0M |
| KING LUTHER CAPITAL MANAGEMENT CORP | $119.2M | 776,207 | 0.49% | 31q | +3.3%+$3.8M |
| WELLS FARGO & COMPANY/MN | $114.4M incl. $783.5K options PUT | 739,405 | 0.02% | 31q | +10.1%+$10.5M |
| AMERICAN CAPITAL MANAGEMENT INC | $112.1M | 729,885 | 5.03% | 31q | -11.9%-$15.2M |
| NATIONAL BANK OF CANADA /FI/ | $111.3M | 724,545 | 0.08% | 19q | -7.7%-$9.3M |
| Connor, Clark & Lunn Investment Management Ltd. | $110.1M | 716,766 | 0.21% | new | NEW |
| STIFEL FINANCIAL CORP | $108.1M | 703,513 | 0.09% | 31q | -1.4%-$1.5M |
| FRANKLIN RESOURCES INC | $107.7M | 700,953 | 0.02% | 31q | +17.9%+$16.4M |
| Squarepoint Ops LLC | $107.0M incl. $53.9M options CALL+PUT | 346,009 | 0.12% | 25q | +1959.2%+$101.8M |
| Public Sector Pension Investment Board | $106.2M | 691,577 | 0.27% | 31q | +510.7%+$88.8M |
| CANADA LIFE ASSURANCE Co | $105.4M | 686,972 | 0.17% | 31q | -12.6%-$15.2M |
| JONES FINANCIAL COMPANIES LLLP | $102.0M | 672,838 | 0.04% | 23q | +2.4%+$2.4M |
| NEW YORK STATE COMMON RETIREMENT FUND | $100.1M | 651,757 | 0.13% | 31q | -7.9%-$8.6M |
Showing the largest 100 of 1,598 reported holders. The count of 1,597 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Q2 2026 in brief
In Q2 2026, 1,597 managers that file Form 13F reported holding Fortinet Inc (FTNT), $80.1B in all, or about 68% of the shares outstanding. 365 managers opened a position and 110 sold out completely, against 1,342 holders the quarter before. Largest holders: Blackrock, Inc., Vanguard Capital Management Llc and State Street Corp. Largest new positions: Connor, Clark & Lunn Investment Management Ltd. ($110.1M), 1832 Asset Management L.P. ($69.4M) and Gladstone Capital Management Llp ($61.1M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-03 | Xie Ken | PRESIDENT & CEO | Sold | 161,482 | $26.3M ×6 |
| 2026-06-02 | Xie Ken | PRESIDENT & CEO | Sold | 160,632 | $23.4M ×8 |
| 2026-05-21 | Whittle John | CHIEF OPERATING OFFICER | Sold | 146,015 | $18.7M ×3 |
| 2026-09-14 | Whittle John | CHIEF OPERATING OFFICER | Sold | 53,865 | $8.9M ×2 |
| 2026-06-03 | Xie Michael | VP, ENGINEERING & CTO | Sold | 3,907 | $572.1K ×5 |
| 2026-08-03 | Xie Michael | VP, ENGINEERING & CTO | Sold | 3,121 | $507.6K ×4 |
| 2026-09-15 | Whittle John | CHIEF OPERATING OFFICER | Sold | 2,835 | $478.4K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 633 | $4.3B | 24,468,022 | 121 | 222 | 177 | 0.1% |
| Q2 2026 | 1,597 | $80.1B | 503,861,354 | 346 | 473 | 535 | 3.5% |
| Q1 2026 | 1,342 | $41.6B | 493,969,273 | 138 | 493 | 481 | 3.0% |
| Q4 2025 | 1,338 | $42.0B | 513,036,683 | 137 | 466 | 454 | 3.0% |
| Q3 2025 | 1,286 | $42.3B | 483,051,135 | 121 | 418 | 504 | 3.9% |
| Q2 2025 | 1,404 | $56.1B | 519,510,650 | 148 | 536 | 425 | 2.2% |
| Q1 2025 | 1,373 | $51.0B | 515,606,870 | 163 | 502 | 414 | 2.8% |
| Q4 2024 | 1,312 | $50.2B | 514,950,896 | 170 | 420 | 387 | 3.0% |
| Q3 2024 | 1,142 | $40.8B | 507,139,818 | 148 | 405 | 371 | 3.6% |
| Q2 2024 | 1,081 | $31.6B | 509,174,763 | 92 | 407 | 371 | 2.8% |
| Q1 2024 | 1,124 | $36.8B | 523,865,714 | 150 | 365 | 385 | 2.8% |
| Q4 2023 | 1,082 | $30.5B | 505,560,466 | 103 | 331 | 427 | 3.0% |
| Q3 2023 | 1,078 | $30.7B | 510,650,040 | 109 | 389 | 381 | 2.3% |
| Q2 2023 | 1,117 | $40.1B | 522,882,781 | 166 | 367 | 352 | 1.5% |
| Q1 2023 | 1,005 | $35.9B | 532,495,574 | 139 | 290 | 397 | 1.5% |
| Q4 2022 | 953 | $26.7B | 536,190,504 | 119 | 266 | 383 | 1.7% |
| Q3 2022 | 864 | $70.3B | 1,420,462,854 | 72 | 286 | 323 | 0.5% |
| Q2 2022 | 926 | $84.3B | 1,469,388,260 | 101 | 293 | 376 | 0.6% |
| Q1 2022 | 943 | $109.9B | 319,175,684 | 90 | 289 | 413 | 0.7% |
| Q4 2021 | 971 | $93.7B | 257,157,126 | 136 | 313 | 315 | 1.2% |
| Q3 2021 | 862 | $87.1B | 295,440,989 | 134 | 261 | 300 | 0.9% |
| Q2 2021 | 790 | $49.0B | 203,045,611 | 121 | 230 | 300 | 0.9% |
| Q1 2021 | 722 | $41.9B | 225,687,268 | 72 | 254 | 257 | 0.7% |
| Q4 2020 | 720 | $33.7B | 223,418,292 | 91 | 248 | 231 | 1.5% |
| Q3 2020 | 670 | $42.5B | 371,157,105 | 74 | 229 | 253 | 0.6% |
| Q2 2020 | 700 | $52.6B | 401,144,807 | 146 | 212 | 249 | 0.5% |
| Q1 2020 | 592 | $38.2B | 375,711,024 | 61 | 188 | 235 | 0.3% |
| Q4 2019 | 618 | $38.8B | 361,629,460 | 92 | 149 | 239 | 0.5% |
| Q3 2019 | 551 | $42.6B | 553,608,253 | 66 | 158 | 215 | 0.3% |
| Q2 2019 | 549 | $23.2B | 299,397,620 | 62 | 189 | 199 | 0.9% |
| Q1 2019 | 573 | $53.0B | 629,125,073 | 76 | 203 | 193 | 0.2% |
| Q4 2018 | 536 | $21.6B | 303,801,114 | 10 | 10 | 7 | 0.8% |