Virginia Retirement Systems’s Fortinet FTNT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	$44.5M	Buy	560,747 +155,500	+38%	+$12.9M	0.26%	97
2025 Q3	$34.1M	Sell	405,247 -39,300	-9%	-$3.51M	0.22%	115
2025 Q2	$47M	Hold	444,547	–	–	0.32%	83
2025 Q1	$42.8M	Buy	+444,547	New	+$45.1M	0.32%	87
2023 Q3	$27.7M	Hold	471,347	–	–	0.27%	121
2023 Q2	$35.6M	Sell	471,347 -603,700	-56%	-$41.1M	0.34%	84
2023 Q1	$71.4M	Buy	1,075,047 +24,347	+2%	+$1.38M	0.74%	28
2022 Q4	$51.4M	Buy	1,050,700 +557,800	+113%	+$29.1M	0.54%	42
2022 Q3	$24.2M	Buy	+492,900	New	+$26.7M	0.27%	89
2022 Q1	$11.1M	Buy	+163,000	New	+$10.1M	0.1%	213
2021 Q3	–	Sell	-139,000	Closed	-$6.62M	–	1015
2021 Q2	$6.62M	Sell	139,000 -155,000	-53%	-$6.62M	0.07%	269
2021 Q1	$10.8M	Sell	294,000 -76,500	-21%	-$2.5M	0.11%	218
2020 Q4	$11M	Buy	+370,500	New	+$9.36M	0.12%	205
2020 Q2	–	Sell	-615,500	Closed	-$12.5M	–	1126
2020 Q1	$12.5M	Buy	615,500 +172,000	+39%	+$3.69M	0.17%	154
2019 Q4	$9.47M	Buy	443,500 +52,000	+13%	+$979K	0.1%	236
2019 Q3	$6.01M	Hold	391,500	–	–	0.07%	298
2019 Q2	$6.02M	Hold	391,500	–	–	0.07%	292
2019 Q1	$6.58M	Buy	391,500 +19,000	+5%	+$303K	0.08%	280
2018 Q4	$5.25M	Sell	372,500 -157,500	-30%	-$2.4M	0.07%	285
2018 Q3	$9.78M	Buy	+530,000	New	+$8.1M	0.11%	230