Fortinet
FTNT
1,328 hedge funds and large institutions have $40.5B invested in Fortinet in 2025 Q4 according to their latest regulatory filings, with 211 funds opening new positions, 488 increasing their positions, 481 reducing their positions, and 124 closing their positions.
70% more first-time investments, than exits
New positions opened: 211 | Existing positions closed: 124
6.05% more ownership
Funds ownership: 62.52% → 68.57% (+6.1%)
5% more funds holding
Funds holding: 1,269 → 1,328 (+59)
1% more repeat investments, than reductions
Existing positions increased: 488 | Existing positions reduced: 481
1% more capital invested
Capital invested by funds: $40.3B → $40.5B (+$208M)
11% less call options, than puts
Call options by funds: $643M | Put options by funds: $719M
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.39B |
| 2 |
Goldman Sachs
New York
|
+$255M |
| 3 |
VanEck Associates
New York
|
+$180M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$147M |
| 5 |
WorldQuant Millennium Advisors
New York
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$203M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$171M |
| 3 |
Fundsmith LLP
London,
United Kingdom
|
-$158M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$152M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$136M |
FTNT Hedge Fund Activity: Q4 2025 in Review
1,328 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Fortinet (FTNT) for Q4 2025, worth a combined $40.5B — up 0.52% from $40.3B a quarter earlier.
Buyers outnumbered sellers: 211 funds opened new FTNT positions and 124 closed out — a net gain of 87 holders — while 488 added to existing stakes and 481 trimmed.
The largest buyer was Invesco, adding an estimated $1.39B. The largest seller was Morgan Stanley, cutting an estimated $203M.
- 1,328 institutional investors held Fortinet (FTNT) as of Q4 2025, up from 1,269 in Q3 2025.
- Funds reported $40.5B of Fortinet stock for Q4 2025, up 0.52% quarter-over-quarter.
- 211 funds opened new Fortinet positions in Q4 2025 and 124 closed out, a net change of +87 holders.
- The largest Fortinet buyer in Q4 2025 was Invesco, an estimated $1.39B added.
- The largest Fortinet seller in Q4 2025 was Morgan Stanley, an estimated $203M sold.
Based on aggregated 13F filings for Q4 2025.