L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 12 May 2025
Managers listing it
24
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 21 listed it in both
Shares listed
61,293,574
combined, among listed positions
Reported value
$5.9bn
combined, at the quarter end

Among the 95 comparable managers: 11 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing FTNT in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

24 of 24 holders

ActionFiling
Invesco Ltd8,570,528$825m0.16%Added+181,83512 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP7,961,605$766m0.62%Added+339,35214 May 2025 (the filing on sec.gov)
Fidelity (FMR LLC)7,865,665$757munder 0.1%Added+1,333,9605 Nov 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc7,734,233$744m0.09%Trimmed-3,463,76614 May 2025 (the filing on sec.gov)
AQR Capital Management LLC5,971,648$561m0.58%Added+1,733,67015 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP4,485,320$432m0.97%Trimmed-176,60015 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC3,434,351$331m0.50%Trimmed-1,186,85914 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC2,798,551$269m0.76%Trimmed-92,94421 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.2,581,324$248m0.22%Trimmed-1,797,54515 May 2025 (the filing on sec.gov)
Two Sigma Investments LP2,098,119$202m0.43%Trimmed-65,68815 May 2025 (the filing on sec.gov)
Bridgewater Associates LP1,978,560$190m0.88%Added+1,044,86614 May 2025 (the filing on sec.gov)
Millennium Management LLC1,756,226$169m0.09%Trimmed-61,86115 May 2025 (the filing on sec.gov)
Man Group PLC1,087,355$105m0.27%Added+351,30115 May 2025 (the filing on sec.gov)
AllianceBernstein LP1,023,919$99munder 0.1%Added+34,20215 May 2025 (the filing on sec.gov)
Squarepoint Ops LLC854,581$82m0.10%Trimmed-511,49627 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP563,000$54m0.16%Trimmed-176,67715 May 2025 (the filing on sec.gov)
Quantbot Technologies LP128,955$12m0.40%Trimmed-33,77213 May 2025 (the filing on sec.gov)
GAMCO Investors Inc109,920$11m0.12%Held014 May 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP107,910$10m0.10%Addedn.a.14 May 2025 (the filing on sec.gov)
PDT Partners LLC67,514$6.5m0.46%Trimmed-23,77615 May 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP55,393$5.3m0.05%Trimmed-31,21915 May 2025 (the filing on sec.gov)
Caxton Associates LLP28,510$2.7m0.10%Added+9,84616 May 2025 (the filing on sec.gov)
Element Capital Management LLC27,005$2.6m0.65%Newnew13 May 2025 (the filing on sec.gov)
Maverick Capital Ltd3,382$326kunder 0.1%Newnew15 May 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2024 to Q1 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
27 in Q3 2024 to 24 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
FTNT by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20136$293mn.a.n.a.
Q3 20136$267mn.a.n.a.
Q4 20137$241mn.a.n.a.
Q1 20142$196mn.a.n.a.
Q2 20147$291mn.a.n.a.
Q3 20147$158mn.a.n.a.
Q4 20144$196mn.a.n.a.
Q1 20157$377mn.a.n.a.
Q2 20157$368mn.a.n.a.
Q3 20156$430mn.a.n.a.
Q4 20156$348mn.a.n.a.
Q1 20169$248mn.a.n.a.
Q2 20167$248mn.a.n.a.
Q3 201612$451mn.a.n.a.
Q4 20169$262mn.a.n.a.
Q1 201712$565mn.a.n.a.
Q2 201714$588mn.a.n.a.
Q3 201711$464mn.a.n.a.
Q4 201713$514mn.a.n.a.
Q1 201811$500mn.a.n.a.
Q2 201813$696mn.a.n.a.
Q3 201813$1.1bnn.a.n.a.
Q4 201817$1.1bnn.a.n.a.
Q1 201916$1.6bnn.a.n.a.
Q2 201913$1.2bnn.a.n.a.
Q3 201916$1.1bnn.a.n.a.
Q4 201917$1.7bnn.a.n.a.
Q1 202017$1.5bnn.a.n.a.
Q2 202025$2.5bnn.a.n.a.
Q3 202017$2.0bnn.a.n.a.
Q4 202016$1.8bnn.a.n.a.
Q1 202110$3.9bnn.a.n.a.
Q2 202114$5.2bnn.a.n.a.
Q3 202120$6.6bnn.a.n.a.
Q4 202117$7.7bnn.a.n.a.
Q1 202223$7.8bnn.a.n.a.
Q2 202227$6.3bnn.a.n.a.
Q3 202227$4.4bnn.a.n.a.
Q4 202224$4.7bnn.a.n.a.
Q1 202325$6.5bnn.a.n.a.
Q2 202325$7.5bnn.a.n.a.
Q3 202320$4.7bnn.a.n.a.
Q4 202321$4.1bn149
Q1 202418$5.3bn715
Q2 202421$4.4bn184
Q3 202427$4.9bn1810
Q4 202424$6.3bn1212
Q1 202524$5.9bn1112
Q2 202522$5.7bn1013
Q3 202518$2.9bn610
Q4 202521$4.2bn1917
Q1 202616$4.4bn1025
Q2 202624$11.0bn2410

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

FTNT and GOOGL →FTNT and AMZN →FTNT and MSFT →Choose a stock to compare with FTNT →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own FTNT, latest filings →Back to the 13F Explorer →