Whale Rock Capital Management’s Fortinet FTNT Stock Holding History

Whale Rock Capital Management’s Portfolio FTNT Stock Details FTNT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q4	–	Sell	-2,301,531	Closed	-$135M	–	44
2023 Q3	$135M	Sell	2,301,531 -305,987	-12%	-$20.3M	2.73%	16
2023 Q2	$197M	Buy	2,607,518 +694,650	+36%	+$47.2M	3.4%	8
2023 Q1	$127M	Buy	1,912,868 +1,542,951	+417%	+$87.7M	2.8%	16
2022 Q4	$18.1M	Buy	+369,917	New	+$19.3M	0.61%	32
2020 Q4	–	Sell	-9,770,720	Closed	-$230M	–	56
2020 Q3	$230M	Sell	9,770,720 -2,882,295	-23%	-$74.4M	1.52%	29
2020 Q2	$347M	Sell	12,653,015 -1,877,460	-13%	-$47.1M	2.77%	12
2020 Q1	$294M	Buy	14,530,475 +4,683,385	+48%	+$100M	4.01%	6
2019 Q4	$210M	Buy	+9,847,090	New	+$185M	3.57%	10

Other funds holding FTNT

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Swedbank Stockholm, Sweden $116B AUM 46.87% 1-Year Est. Return

Fundsmith LLP London, United Kingdom $13.6B AUM 7.6% 1-Year Est. Return

Whale Rock Capital Management's FTNT Position: Q4 2023 in Review

Whale Rock Capital Management sold out of Fortinet (FTNT) in Q4 2023, closing a stake of 2,301,531 shares — an estimated $135M sold.

Whale Rock Capital Management first reported a position in FTNT in Q4 2019 and held it in 8 quarters. The position peaked at $347M in Q2 2020. 1,062 funds tracked by Wall St. Rank hold FTNT as of Q4 2023.

Whale Rock Capital Management reported no remaining Fortinet position as of Q4 2023 after selling out during the quarter.
Whale Rock Capital Management sold 2,301,531 Fortinet shares in Q4 2023, an estimated $135M.
Whale Rock Capital Management first reported a position in Fortinet in Q4 2019 and held it in 8 quarters.
Whale Rock Capital Management's Fortinet position peaked at $347M in Q2 2020.
1,062 funds tracked by Wall St. Rank held Fortinet as of Q4 2023.

Based on Whale Rock Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.