FortinetFTNT
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 1,355 institutions reported holding Fortinet Inc. (FTNT) in their 13F filings, up 62 from Q4 2024. 160 opened new positions and 102 sold out. The largest holders were Vanguard Group Inc. ($6.9B), BlackRock, Inc. ($5.6B) and State Street Corp. ($2.7B). 11 famous investors held it, including Terry Smith (3.7% of Fundsmith's portfolio), Ray Dalio (0.9% of Bridgewater Associates's portfolio) and Cliff Asness (0.6% of AQR Capital Management's portfolio).
- Company
- Fortinet Inc.
- Sector
- Technology
- CUSIP
- 34959E109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 160 | $233.8M |
| Exits | 102 | $145.7M |
All 13F filers, Q4 2024 → Q1 2025: 38,267,506 shares bought and 33,853,136 shares sold, net +4,414,370 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,355 holders
| Vanguard Group Inc. | 0.12% | Add +5.2% | 71,662,404 | $6.9B |
| BlackRock, Inc. | 0.12% | Add +3.5% | 58,616,240 | $5.6B |
| State Street Corp. | 0.11% | Add +0.3% | 28,320,693 | $2.7B |
| Geode Capital Management, LLC | 0.12% | Add +5.3% | 16,088,405 | $1.5B |
| Bank of New York Mellon Corp | 0.29% | Reduce -4.4% | 15,245,987 | $1.5B |
| Norges Bank | 0.16% | Add +53.8% | 11,782,652 | $1.1B |
| Morgan Stanley | 0.07% | Reduce -10.7% | 9,828,841 | $946.1M |
| Invesco Ltd. | 0.16% | Add +2.2% | 8,570,528 | $825.0M |
| Fundsmith | 3.73% | Reduce -0.1% | 8,523,040 | $820.4M |
| Arrowstreet Capital, Limited Partnership | 0.62% | Add +4.5% | 7,961,605 | $766.4M |
| FMR LLC | 0.05% | Add +20.4% | 7,865,665 | $757.1M |
| T. Rowe Price Associates Inc. | 0.09% | Reduce -30.9% | 7,734,233 | $744.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.17% | Add +17.1% | 7,016,467 | $675.4M |
| Nordea Investment Management AB | 0.69% | Reduce -7.9% | 6,868,076 | $650.1M |
| Northern Trust Corp. | 0.09% | Add +0.8% | 6,519,558 | $627.6M |
| AQR Capital Management | 0.58% | Add +40.9% | 5,971,648 | $561.2M |
| Amundi | 0.20% | Reduce -5.6% | 6,211,739 | $555.6M |
| Legal & General Group Plc | 0.14% | Reduce -6.0% | 5,452,563 | $524.9M |
| Barclays PLC | 0.23% | Reduce -11.3% | 5,261,228 | $506.4M |
| First Trust Advisors LP | 0.43% | Reduce -0.6% | 5,077,121 | $488.7M |
| Bessemer Group Inc. | 0.84% | Reduce -1.4% | 4,839,274 | $465.8M |
| Goldman Sachs Group Inc. | 0.09% | Reduce -1.2% | 4,721,459 | $454.5M |
| Two Sigma Advisers, LP | 0.97% | Reduce -3.8% | 4,485,320 | $431.8M |
| Deutsche Bank AG | 0.17% | Add +5.4% | 4,464,326 | $429.7M |
| Charles Schwab Investment Management Inc. | 0.07% | Add +4.5% | 4,151,597 | $399.6M |
| Swedbank AB | 0.49% | Reduce -19.8% | 3,843,196 | $369.9M |
| UBS Group AG | 0.08% | Reduce -5.8% | 3,703,067 | $356.5M |
| Ameriprise Financial Inc. | 0.09% | Add +0.2% | 3,613,201 | $347.8M |
| Qube Research & Technologies Ltd | 0.53% | Add +14.5% | 3,552,787 | $342.0M |
| Renaissance Technologies | 0.50% | Reduce -25.7% | 3,434,351 | $330.6M |
| Van Eck Associates Corp. | 0.42% | Reduce -0.0% | 3,267,319 | $321.0M |
| Bank of America Corp. | 0.03% | Add +27.7% | 3,316,184 | $319.2M |
| JPMorgan Chase & Co. | 0.02% | Add +22.3% | 3,132,832 | $301.6M |
| Pictet Asset Management Holding SA | 0.33% | Add +6.3% | 3,072,639 | $295.8M |
| Acadian Asset Management LLC | 0.76% | Reduce -3.2% | 2,798,551 | $269.4M |
| Dimensional Fund Advisors LP | 0.07% | Add +6.6% | 2,784,746 | $268.0M |
| Robeco Institutional Asset Management B.V. | 0.50% | Reduce -14.6% | 2,678,403 | $257.8M |
| BNP Paribas Financial Markets | 0.19% | Add +1.3% | 2,611,110 | $251.3M |
| D. E. Shaw & Co. | 0.32% | Reduce -41.0% | 2,581,324 | $248.5M |
| Fundsmith Investment Services LTD. | 3.46% | Reduce -0.2% | 2,545,310 | $245.0M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.29% | Add +12560.9% | 2,515,223 | $242.1M |
| Sarasin & Partners LLP | 2.60% | Add +27.8% | 2,494,132 | $240.1M |
| DSM Capital Partners LLC | 4.12% | Add +0.8% | 2,450,338 | $235.9M |
| Citigroup Inc. | 0.18% | Add +79.5% | 2,420,859 | $233.0M |
| Voya Investment Management LLC | 0.28% | Add +3.6% | 2,223,642 | $214.0M |
| Federated Hermes, Inc. | 0.46% | Add +57.2% | 2,211,113 | $212.8M |
| Two Sigma Investments, LP | 0.46% | Reduce -3.0% | 2,098,119 | $202.0M |
| National Pension Service | 0.19% | Add +5.8% | 2,072,848 | $199.5M |
| California Public Employees Retirement System | 0.14% | Add +18.9% | 2,072,182 | $199.5M |
| Los Angeles Capital Management LLC | 0.86% | Reduce -30.8% | 2,020,203 | $194.5M |
| Bridgewater Associates | 0.88% | Add +111.9% | 1,978,560 | $190.5M |
| Swiss National Bank | 0.12% | Add +0.0% | 1,837,500 | $176.9M |
| Allianz Asset Management GmbH | 0.26% | Add +14.1% | 1,819,352 | $175.1M |
| Millennium Management | 0.17% | Reduce -3.4% | 1,756,226 | $169.1M |
| Franklin Resources Inc. | 0.05% | Add +71.9% | 1,716,502 | $165.2M |
| Sumitomo Mitsui Trust Group, Inc. | 0.12% | Add +10.0% | 1,705,200 | $164.1M |
| Bank of Montreal | 0.09% | Reduce -11.3% | 1,656,285 | $159.4M |
| Nuveen, LLC | 0.05% | — | 1,595,432 | $153.6M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.32% | Add +5.5% | 1,536,349 | $147.9M |
| AustralianSuper Pty Ltd | 0.81% | Add +127.7% | 1,496,339 | $144.0M |
| Victory Capital Management Inc. | 0.14% | Reduce -3.7% | 1,437,254 | $138.4M |
| CCLA Investment Management | 2.33% | Reduce -5.3% | 1,365,444 | $131.4M |
| HSBC Holdings PLC | 0.09% | Reduce -6.1% | 1,329,506 | $127.6M |
| Royal Bank of Canada | 0.03% | Reduce -1.6% | 1,325,368 | $127.6M |
| Worldquant Millennium Advisors LLC | 0.80% | Reduce -1.7% | 1,314,344 | $126.5M |
| American Capital Management Inc. | 5.04% | Reduce -13.7% | 1,286,720 | $123.9M |
| Rhumbline Advisers | 0.11% | Add +3.7% | 1,266,126 | $121.9M |
| Thrivent Financial for Lutherans | 0.27% | Add +16.6% | 1,251,671 | $120.5M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.32% | Reduce -25.2% | 1,222,415 | $117.7M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.11% | Add +14.0% | 1,211,738 | $116.6M |
| Caisse de depot et placement du Quebec | 0.23% | Add +23.7% | 1,145,571 | $110.3M |
| ProShare Advisors LLC | 0.25% | Add +12.5% | 1,137,575 | $109.5M |
| Man Group plc | 0.32% | Add +47.7% | 1,087,355 | $104.7M |
| Russell Investments Group, Ltd. | 0.14% | Add +50.8% | 1,082,988 | $104.3M |
| Pinebridge Investments, L.P. | 0.79% | Add +111.0% | 1,026,788 | $98.8M |
| Penserra Capital Management LLC | 1.76% | Reduce -2.6% | 1,024,771 | $98.6M |
| Alliancebernstein L.P. | 0.04% | Add +3.5% | 1,023,919 | $98.6M |
| Empower Advisory Group, LLC | 0.32% | Reduce -0.4% | 1,018,608 | $98.1M |
| Clearbridge Investments, LLC | 0.09% | Reduce -1.6% | 1,016,044 | $97.8M |
| TD Asset Management Inc | 0.09% | Reduce -9.7% | 1,009,069 | $97.1M |
| California State Teachers Retirement System | 0.12% | Reduce -0.7% | 1,002,008 | $96.5M |
| Fiera Capital Corp | 0.32% | Reduce -12.8% | 908,715 | $87.5M |
| Royal London Asset Management Ltd. | 0.21% | Add +16.1% | 908,434 | $87.4M |
| Skandinaviska Enskilda Banken AB (publ) | 0.42% | Add +138.1% | 879,059 | $84.6M |
| Prudential Financial Inc. | 0.12% | Add +5.6% | 872,709 | $84.0M |
| Stifel Financial Corp. | 0.09% | Reduce -2.3% | 860,301 | $82.8M |
| Squarepoint Ops LLC | 0.20% | Reduce -37.4% | 854,581 | $82.3M |
| American Century Companies Inc. | 0.05% | Add +20.7% | 846,651 | $81.5M |
| Vident Advisory, LLC | 1.18% | Add +106.4% | 841,935 | $81.0M |
| New York State Common Retirement Fund | 0.12% | Reduce -1.3% | 828,857 | $79.8M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.23% | Add +4.5% | 822,999 | $79.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.16% | Add +1.5% | 805,104 | $77.5M |
| CANADA LIFE ASSURANCE Co | 0.13% | Reduce -0.8% | 778,266 | $75.0M |
| Wells Fargo & Company | 0.02% | Add +5.1% | 777,012 | $74.8M |
| Bank of Nova Scotia | 0.17% | Reduce -1.8% | 773,570 | $74.5M |
| Principal Financial Group Inc. | 0.04% | Reduce -1.6% | 749,615 | $72.2M |
| Panagora Asset Management Inc. | 0.34% | Add +4.3% | 715,969 | $68.9M |
| Frontier Capital Management Co. LLC | 0.73% | Add +3.5% | 697,261 | $67.1M |
| Raymond James Financial Inc. | 0.02% | Reduce -11.3% | 651,169 | $62.7M |
| E. Ohman J:or Asset Management AB | 1.64% | Reduce -18.7% | 640,958 | $61.7M |
"% of holder's portfolio" is FTNT's weight in each manager's 13F, not the share of Fortinet Inc. the manager owns.