Fortinet, Inc.
Hedge Funds Holdings

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Fortinet, Inc.‘s stocks are currently a part of 899 hedge funds’ portfolios, which represents 63.11% of the total amount of its stocks outstanding. This makes up a total of 518.15M shares of Fortinet, Inc.. Compared to the previous quarter, the number fell by -2.02% or -10.67M shares fewer. As for the holding position changes, 34.37% (309) of current hedge fund investors increased the number of shares held, 42.38% (381) of current holders sold a part of the shares held, and 11.79% (106) closed the holdings completely. 101 hedge funds are new holders of Fortinet, Inc. stock in Q2 2022, it is 11.23% of total holders.

Hedge funds holding Fortinet (Q3 2017 – Q2 2022)

Number of hedge funds
Q3 2017 367
Q4 2017 393
Q1 2018 418
Q2 2018 451
Q3 2018 500
Q4 2018 527
Q1 2019 565
Q2 2019 542
Q3 2019 545
Q4 2019 606
Q1 2020 576
Q2 2020 682
Q3 2020 655
Q4 2020 701
Q1 2021 709
Q2 2021 770
Q3 2021 840
Q4 2021 947
Q1 2022 921
Q2 2022 899

Hedge funds changes in Fortinet positions (Q3 2017 – Q2 2022)

Changes in positions
Q3 2017 411461144620
Q4 2017 711281284521
Q1 2018 9512114459-1
Q2 2018 831641414914
Q3 2018 941641854215
Q4 2018 10319218274-24
Q1 2019 842092074322
Q2 2019 6620121879-22
Q3 2019 661752176126
Q4 2019 1231582515321
Q1 2020 7019023194-9
Q2 2020 1482082553833
Q3 2020 83235258103-24
Q4 2020 13125823779-4
Q1 2021 872672617420
Q2 2021 1302423026729
Q3 2021 1412803076349
Q4 2021 1933283188127
Q1 2022 102295416119-11
Q2 2022 1013093811062

Hedge funds changes in Fortinet stock options (Q3 2017 – Q2 2022)

Changes in stock options
Q3 2017 27,198,000 144,029,000
Q4 2017 83,210,000 13,000,079,660,000
Q1 2018 8,000,042,973,000 35,041,000
Q2 2018 52,901,000 36,650,000
Q3 2018 94,600,000 105,867,000
Q4 2018 67,425,000 110,281,000
Q1 2019 56,587,000 73,800,000
Q2 2019 39,610,000 114,265,000
Q3 2019 25,000,046,024,000 70,481,000
Q4 2019 20,000,085,773,000 98,859,000
Q1 2020 61,443,000 67,240,000
Q2 2020 133,217,603 127,859,857
Q3 2020 114,420,614 124,512,920
Q4 2020 185,482,194 194,685,459
Q1 2021 131,755,000 170,439,000
Q2 2021 378,000,207,318,452 933,000,237,721,338
Q3 2021 402,857,808 352,663,180
Q4 2021 491,923,100 410,081,180
Q1 2022 364,934,000 392,986,000
Q2 2022 226,491,012 288,675,000

Top 50 hedge fund holders of Fortinet, Inc. (NASDAQ:FTNT)

Hedge fund Value Shares owned Portfolio share
VANGUARD GROUP INC 3.29B 67.09M 0.097%
BLACKROCK INC. Larry Fink 2.54B 51.73M 0.086%
STATE STREET CORP 1.25B 25.54M 0.079%
ALLIANCEBERNSTEIN L.P. 1.13B 23.14M 0.550%
PRICE T ROWE ASSOCIATES INC /MD/ 1.06B 21.74M 0.175%
BANK OF NEW YORK MELLON CORP 1.01B 20.60M 0.246%
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. 792.91M 16.13M 0.633%
GEODE CAPITAL MANAGEMENT, LLC 739.10M 15.05M 0.112%
AMERIPRISE FINANCIAL INC 656.48M 13.35M 0.243%
FMR LLC 394.44M 8.02M 0.041%
NORTHERN TRUST CORP 332.28M 6.76M 0.076%
MORGAN STANLEY 312.07M 6.35M 0.043%
LEGAL & GENERAL GROUP PLC 301.89M 6.14M 0.118%
INVESCO LTD. 255.89M 5.20M 0.082%
FIRST TRUST ADVISORS LP 243.21M 4.95M 0.315%
VOYA INVESTMENT MANAGEMENT LLC 239.93M 4.91M 0.251%
MARSHALL WACE, LLP Paul Marshall 238.34M 4.85M 0.522%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 226.64M 4.61M 0.321%
PICTET ASSET MANAGEMENT SA 217.82M 4.43M 0.323%
BANK OF AMERICA CORP /DE/ 208.98M 4.25M 0.025%
AMUNDI 208.73M 3.89M 0.124%
UBS ASSET MANAGEMENT AMERICAS INC 204.94M 4.17M 0.115%
GOLDMAN SACHS GROUP INC 198.69M 4.04M 0.046%
MILLENNIUM MANAGEMENT LLC Israel Englander 184.82M 3.76M 0.109%
WESTFIELD CAPITAL MANAGEMENT CO LP 181.31M 3.69M 1.440%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 178.50M 3.63M 0.064%
AMERICAN CAPITAL MANAGEMENT INC 176.83M 3.59M 6.979%
ANOMALY CAPITAL MANAGEMENT, LP 167.3M 3.40M 8.994%
NORDEA INVESTMENT MANAGEMENT AB 166.83M 3.34M 0.270%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 156.93M 3.19M 0.231%
SWISS NATIONAL BANK 145.25M 2.95M 0.104%
DIMENSIONAL FUND ADVISORS LP 144.56M 2.94M 0.056%
TD ASSET MANAGEMENT INC 139.39M 2.80M 0.174%
TWO SIGMA ADVISERS, LP 138.85M 2.82M 0.402%
MITSUBISHI UFJ TRUST & BANKING CORP 133.94M 2.72M 0.375%
ROYAL BANK OF CANADA 131.51M 2.67M 0.041%
ACADIAN ASSET MANAGEMENT LLC 130.65M 2.65M 0.715%
CREDIT SUISSE AG/ 126.59M 2.57M 0.141%
UBS GROUP AG 122.20M 2.48M 0.054%
MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. 116.80M 2.37M 0.314%
HOLOCENE ADVISORS, LP 114.5M 2.33M 0.732%
SCHRODER INVESTMENT MANAGEMENT GROUP 114.06M 2.32M 0.189%
FUNDSMITH LLP 113.77M 2.31M 0.540%
BANK OF MONTREAL /CAN/ 112.67M 2.24M 0.049%
BESSEMER GROUP INC 112.48M 2.28M 0.294%
JACOBS LEVY EQUITY MANAGEMENT, INC 109.58M 2.23M 0.866%
JPMORGAN CHASE & CO 105.67M 2.15M 0.015%
ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. 103.00M 2.09M 0.328%
NUVEEN ASSET MANAGEMENT, LLC 99.56M 2.02M 0.040%
SUMITOMO MITSUI TRUST HOLDINGS, INC. 99.48M 2.02M 0.082%