Who owns Fortinet?What is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
Institutions own 68.9% of Fortinet's shares, through 1,668 funds, banks and other managers that report their holdings to the SEC; individual investors and others hold the rest. The largest on 30 June 2026 were BlackRock, Inc. (8.5%), Vanguard Capital Management LLC (5.5%), State Street Corp (4.0%).
- Institutions ownWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 68.9%
- Institutional holders
- 1,668
- The 10 largest hold
- 32.9%
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 84.4%
- Holdings as of
- 30 Jun 2026
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
The largest shareholders
| # | Holder | Shares | Of the company | Value | Change last quarter (shares) |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 62,242,221 | 8.46% | 9.56B USD | +273,488 |
| 2 | Vanguard Capital Management LLC | 40,663,961 | 5.53% | 6.25B USD | +909,183 |
| 3 | State Street Corp | 29,630,652 | 4.01% | 4.55B USD | +701,017 |
| 4 | Vanguard Portfolio Management LLC | 24,844,685 | 3.38% | 3.82B USD | -193,002 |
| 5 | Invesco Ltd. | 24,621,016 | 3.35% | 3.78B USD | +9,091,747 |
| 6 | Geode Capital Management, LLC | 17,439,799 | 2.37% | 2.68B USD | -21,978 |
| 7 | Norges Bank | 12,449,356 | 1.69% | 1.91B USD | New position |
| 8 | First Trust Advisors LP | 10,815,814 | 1.47% | 1.66B USD | -690,359 |
| 9 | Arrowstreet Capital, Limited Partnership | 10,127,342 | 1.38% | 1.56B USD | +476,318 |
| 10 | Bank Of New York Mellon Corp | 9,327,182 | 1.27% | 1.43B USD | -4,005,901 |
| 11 | Aqr Capital Management LLC | 8,673,742 | 1.18% | 1.33B USD | +901,797 |
| 12 | Morgan Stanley | 8,561,672 | 1.16% | 1.32B USD | -282,646 |
| 13 | Goldman Sachs Group Inc | 8,101,402 | 1.10% | 1.24B USD | -875,561 |
| 14 | Nordea Investment Management Ab | 6,782,111 | 0.92% | 1.03B USD | -131,605 |
| 15 | Legal & General Group PLC | 6,373,269 | 0.87% | 979.06M USD | -104,422 |
| 16 | UBS AM | 6,312,496 | 0.86% | 969.73M USD | -1,241,700 |
| 17 | Northern Trust Corp | 6,279,098 | 0.85% | 964.60M USD | +57,262 |
| 18 | JPMorgan Chase & Co | 4,989,587 | 0.68% | 775.48M USD | +257,031 |
| 19 | Charles Schwab Investment Management Inc | 4,967,178 | 0.68% | 763.06M USD | +280,857 |
| 20 | Sixth Street Partners Management Company, L.P. | 4,967,178 | 0.68% | 763.06M USD | New position |
| 21 | D. E. Shaw & Co., Inc. | 4,849,811 | 0.66% | 745.03M USD | +1,982,474 |
| 22 | Amundi | 4,732,986 | 0.64% | 727.08M USD | +889,658 |
| 23 | Acadian Asset Management LLC | 4,421,914 | 0.60% | 679.24M USD | +2,999,200 |
| 24 | Dimensional Fund Advisors LP | 4,285,254 | 0.58% | 658.32M USD | -96,717 |
| 25 | Bank Of America Corp | 4,275,821 | 0.58% | 656.85M USD | -368,525 |
All institutions last quarter
- Bought or added
- 1,226 · 367 new
- Sold or cut
- 682 · 114 sold out
- Net shares bought
- +24.58M · 3.78B USD
- Institutional ownership
- 65.2% → 68.9%
Biggest buyers last quarter
- Norges BankNew position
- Invesco Ltd.+9,091,747
- Sixth Street Partners Management Company, L.P.New position
- Jane Street Group, LLC+3,940,525
- Acadian Asset Management LLC+2,999,200
Biggest sellers last quarter
- Van Eck Associates Corp-5,489,574
- Bank Of New York Mellon Corp-4,005,901
- Deutsche Bank Ag\-2,661,238
- Fundsmith LLP-2,526,737
- Bessemer Group Inc-2,454,282
From the holders' 13F filings with the SEC for the quarter to 30 Jun 2026, filed up to 45 days after it; the buyers and sellers are among the 100 largest holders.
Common questions about Fortinet's shareholders
Source: Financial Modeling PrepVerified against SEC filings
