Fortinet, Inc. (FTNT) Ownership

NASDAQ: FTNTTop holders, insider trades and short interest.

FTNT ownership summary

as of October 18, 2026
Institutions
71.5%
of shares outstanding
Insiders
17.36%
of shares outstanding
Shares outstanding
733.7M
Float
618.9M
shares available to trade
Short interest
2.06%
12.5M shares short
Days to cover
2.94
short interest down 8.9% vs prior month
  • Institutions 71.49%
  • Insiders 17.36%
  • Other investors 11.15%

FTNT top institutional holders

20 largest
Fortinet, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc8.48%62.2M$10.53B+273,488 (+0.4%)June 30, 2026
2Vanguard Capital Management, LLC5.54%40.7M$6.88B+909,183 (+2.3%)June 30, 2026
3State Street Corp4.04%29.6M$5.01B+701,017 (+2.4%)June 30, 2026
4Vanguard Portfolio Management, LLC3.39%24.8M$4.20B−193,002 (−0.8%)June 30, 2026
5Amvescap Plc.3.36%24.6M$4.16B−913,516 (−3.6%)June 30, 2026
6Geode Capital Management, LLC2.38%17.4M$2.95B−21,978 (−0.1%)June 30, 2026
7NORGES BANK1.70%12.4M$2.11B−2.1M (−14.3%)June 30, 2026
8First Trust Advisors L.P.1.47%10.8M$1.83B−690,359 (−6.0%)June 30, 2026
9Arrowstreet Capital Limited Partnership1.38%10.1M$1.71B+476,318 (+4.9%)June 30, 2026
10Bank of New York Mellon Corp1.27%9.3M$1.58B−4.0M (−30.0%)June 30, 2026
11AQR Capital Management LLC1.18%8.7M$1.47B+901,797 (+11.6%)June 30, 2026
12Morgan Stanley - Brokerage Accounts1.17%8.6M$1.45B−282,646 (−3.2%)June 30, 2026
13The Goldman Sachs Group Inc1.10%8.1M$1.37B−875,561 (−9.8%)June 30, 2026
14Nordea Investment Mgmt Bank Demark A/s0.92%6.8M$1.15B−131,605 (−1.9%)June 30, 2026
15Legal & General Group PLC0.87%6.4M$1.08B−104,422 (−1.6%)June 30, 2026
16UBS Asset Mgmt Americas Inc0.86%6.3M$1.07B−1.2M (−16.4%)June 30, 2026
17Northern Trust Corp0.86%6.3M$1.06B+57,262 (+0.9%)June 30, 2026
18JPMorgan Chase & Co0.68%5.0M$843.9M+257,031 (+5.4%)June 30, 2026
19Charles Schwab Investment Management Inc0.68%5.0M$840.1M+280,857 (+6.0%)June 30, 2026
20D. E. Shaw & Co LP0.66%4.8M$820.2M+2.0M (+69.1%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 9 holders added 5.8M shares and 11 cut 10.5M.

FTNT top mutual fund and ETF holders

20 largest
Fortinet, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.70%19.8M$3.35B−41,224 (−0.2%)August 31, 2026
2Vanguard 500 Index Investor2.25%16.5M$2.80B+196,378 (+1.2%)August 31, 2026
3Invesco QQQ Trust2.09%15.3M$2.59B−24,992 (−0.2%)September 30, 2026
4iShares Core S&P 500 ETF1.12%8.2M$1.39B−13,209 (−0.2%)September 30, 2026
5Fidelity 500 Index1.10%8.1M$1.37B+31,048 (+0.4%)August 31, 2026
6First Trust NASDAQ Cybersecurity ETF1.07%7.9M$1.33B—September 30, 2026
7State Street® SPDR® S&P 500® ETF1.03%7.6M$1.28B—September 30, 2026
8Vanguard MStar Growth Index Investor0.94%6.9M$1.16B−10,898 (−0.2%)August 31, 2026
9Vanguard MStar Mid Cap Index Instl0.92%6.7M$1.14B−3,612 (−0.1%)August 31, 2026
10Vanguard Information Technology ETF0.62%4.6M$769.7M−171,053 (−3.6%)August 31, 2026
11State Street®TechSelSectSPDR®ETF0.61%4.4M$752.2M+2,736 (+0.1%)September 30, 2026
12iShares MSCI USA Quality Factor ETF0.46%3.4M$571.2M+3,144 (+0.1%)September 30, 2026
13Invesco NASDAQ 100 ETF0.46%3.4M$570.5M+7,896 (+0.2%)September 30, 2026
14Vanguard Institutional Index I0.45%3.3M$563.1M−31,181 (−0.9%)August 31, 2026
15iShares Expanded Tech-Software Sect ETF0.41%3.0M$507.0M+28,375 (+1.0%)September 30, 2026
16Swedbank Robur Technology A0.37%2.7M$456.7M—August 31, 2026
17Vanguard MStar Mid Cap Growth ETF0.33%2.4M$404.6M+10,900 (+0.5%)August 31, 2026
18iShares Russell 1000 Growth ETF0.31%2.3M$384.6M−1,568 (−0.1%)September 30, 2026
19Fidelity SAI US Quality Index0.30%2.2M$371.9M+9,377 (+0.4%)August 31, 2026
20Invesco S&P 500® Quality ETF0.23%1.7M$284.6M—September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

FTNT insider transactions

latest 20
Fortinet, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-03-13Gilbert Ray Cisneros, Jr.Buy$83.44——
2026-02-24Ro KhannaSell$75.23——
2026-02-17Ro KhannaBuy$81.69——
2026-02-05Ro KhannaSell$78.93——
2026-02-02Ken XieSell$81.42175,737$14.3M
2026-02-02Michael XieSell$81.42343,106$27.9M
2026-01-29Ro KhannaBuy$81.51——
2026-01-23Ro KhannaBuy$81.64——
2026-01-13Ro KhannaBuy$78.33——
2025-11-10Ro KhannaBuy$82.28——
2025-11-03Ken XieSell$86.51158,485$13.7M
2025-11-03Michael XieSell$86.533,546$306,835
2025-10-31Lisa C. McClainSell$86.43——
2025-10-30Lisa C. McClainSell$84.20——
2025-10-30Lisa C. McClainBuy$84.20——
2025-10-09Byron DonaldsBuy$86.19——
2025-10-07Ro KhannaSell$84.92——
2025-09-05Ro KhannaSell$78.83——
2025-09-04Byron DonaldsSell$76.44——
2025-08-26Ro KhannaBuy$77.65——

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

FTNT shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns FTNT

Institutional investors own 71.5% of Fortinet's shares and insiders 17.36%. The largest holder is BlackRock Inc with 8.48% of the shares (62.2M), as of June 30, 2026. Among the top 20 institutions, 9 added shares and 11 reduced their stake in the latest filings. Short interest is 2.06% of the float, or 2.94 days of average trading volume. The share count fell 12.5% since 2014.

Related: FTNT analyst forecast, FTNT key metrics. See the FTNT stock overview for the latest quote and news.

FTNT ownership FAQ

Who owns the most Fortinet stock?

The largest shareholders of Fortinet are BlackRock Inc (8.48%), Vanguard Capital Management, LLC (5.54%), State Street Corp (4.04%), Vanguard Portfolio Management, LLC (3.39%), Amvescap Plc. (3.36%).

What percentage of Fortinet is owned by institutions?

Institutions hold 71.5% of Fortinet's shares outstanding; insiders hold 17.36%.

Which funds own Fortinet?

The largest fund holders of Fortinet are Vanguard MStar Total Stk Mkt Idx Invest (2.70%), Vanguard 500 Index Investor (2.25%), Invesco QQQ Trust (2.09%), iShares Core S&P 500 ETF (1.12%), Fidelity 500 Index (1.10%).

What is Fortinet's short interest?

12.5M shares of Fortinet were sold short, 2.06% of the float; at the average daily volume it would take 2.94 days to cover.

Are insiders buying or selling Fortinet?

Of the latest 20 reported insider transactions in Fortinet (since August 26, 2025), 9 were purchases and 11 were sales.

How many shares of Fortinet are outstanding?

Fortinet has 733.7M shares outstanding, of which 618.9M are in the public float.

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