Renaissance Technologies's FTNT Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 1.06 M shares of Fortinet, Inc. (FTNT) worth $89.2 M, representing 0.12% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Renaissance Technologies has maintained a long-term strategic position in FTNT, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2019, adding 7.53 M shares. Largest reduction occurred in Q3 2020, reducing 6.66 M shares.
Analysis based on 13F filings available since 2013 Q2
Renaissance Technologies's Fortinet (FTNT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Fortinet (FTNT) Trades by Renaissance Technologies
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +3.6 M | Add 0.00% | 3.6 M | $3.50 |
| Q3 2013 | -3.6 M | Sold Out | 3.6 M | $0.00 |
| Q4 2013 | +1.6 M | New Buy | 1.6 M | $3.83 |
| Q1 2014 | -1.6 M | Sold Out | 1.6 M | $0.00 |
| Q2 2014 | +1.88 M | New Buy | 1.88 M | $5.03 |
| Q3 2014 | +677,000 | Add 35.94% | 2.56 M | $5.05 |
| Q4 2014 | -914,500 | Reduce 35.72% | 1.65 M | $6.13 |
| Q1 2015 | -1.65 M | Sold Out | 1.65 M | $0.00 |
| Q3 2015 | +314,000 | New Buy | 314,000 | $8.50 |
| Q4 2015 | +3.39 M | Add 1080.10% | 3.71 M | $6.23 |
| Q1 2016 | +4.15 M | Add 112.05% | 7.86 M | $6.13 |
| Q2 2016 | -4.34 M | Reduce 55.18% | 3.52 M | $6.32 |
| Q3 2016 | +2.79 M | Add 79.09% | 6.31 M | $7.39 |
| Q4 2016 | +6.78 M | Add 107.54% | 13.09 M | $6.02 |
| Q1 2017 | +5.89 M | Add 44.97% | 18.98 M | $7.67 |
| Q2 2017 | +3.63 M | Add 19.14% | 22.61 M | $7.49 |
| Q3 2017 | -629,500 | Reduce 2.78% | 21.98 M | $7.17 |
| Q4 2017 | +113,500 | Add 0.52% | 22.09 M | $8.74 |
| Q1 2018 | +1.91 M | Add 8.65% | 24 M | $10.72 |
| Q2 2018 | -2.61 M | Reduce 10.88% | 21.39 M | $12.49 |
| Q3 2018 | -4.59 M | Reduce 21.45% | 16.8 M | $18.45 |
| Q4 2018 | -3.42 M | Reduce 20.34% | 13.39 M | $14.09 |
| Q1 2019 | +5.31 M | Add 39.65% | 18.69 M | $16.79 |
| Q2 2019 | -968,500 | Reduce 5.18% | 17.72 M | $15.37 |
| Q3 2019 | +3.5 M | Add 19.73% | 21.22 M | $15.35 |
| Q4 2019 | +7.53 M | Add 35.49% | 28.75 M | $21.35 |
| Q1 2020 | +1.57 M | Add 5.45% | 30.32 M | $20.23 |
| Q2 2020 | -453,505 | Reduce 1.50% | 29.87 M | $27.45 |
| Q3 2020 | -6.66 M | Reduce 22.28% | 23.21 M | $23.56 |
| Q4 2020 | -5.51 M | Reduce 23.74% | 17.7 M | $29.71 |
| Q1 2021 | -5.58 M | Reduce 31.52% | 12.12 M | $36.88 |
| Q2 2021 | -4.19 M | Reduce 34.58% | 7.93 M | $47.64 |
| Q3 2021 | -2.63 M | Reduce 33.18% | 5.3 M | $58.41 |
| Q4 2021 | -235,500 | Reduce 4.44% | 5.06 M | $71.88 |
| Q1 2022 | -375,000 | Reduce 7.41% | 4.69 M | $68.35 |
| Q2 2022 | +124,800 | Add 2.66% | 4.81 M | $56.58 |
| Q3 2022 | -200,600 | Reduce 4.17% | 4.61 M | $49.13 |
| Q4 2022 | -340,700 | Reduce 7.39% | 4.27 M | $0.05 |
| Q1 2023 | +1.96 M | Add 45.83% | 6.23 M | $0.07 |
| Q2 2023 | +1.08 M | Add 17.26% | 7.31 M | $0.08 |
| Q3 2023 | -2.13 M | Reduce 29.22% | 5.17 M | $58.68 |
| Q4 2023 | -97,851 | Reduce 1.89% | 5.07 M | $58.53 |
| Q1 2024 | -704,700 | Reduce 13.89% | 4.37 M | $68.31 |
| Q2 2024 | +657,400 | Add 15.05% | 5.03 M | $60.27 |
| Q3 2024 | -83,232 | Reduce 1.66% | 4.94 M | $77.55 |
| Q4 2024 | -321,952 | Reduce 6.51% | 4.62 M | $94.48 |
| Q1 2025 | -1.19 M | Reduce 25.68% | 3.43 M | $96.26 |
| Q2 2025 | -1.37 M | Reduce 39.99% | 2.06 M | $105.72 |
| Q3 2025 | -999,899 | Reduce 48.52% | 1.06 M | $84.08 |
Renaissance Technologies's Fortinet Investment FAQs
Renaissance Technologies first purchased Fortinet, Inc. (FTNT) in Q2 2013, acquiring 3,600,000 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies has held Fortinet, Inc. (FTNT) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies's largest addition to Fortinet, Inc. (FTNT) was in Q4 2019, adding 28,754,440 shares worth $613.96 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 1,060,952 shares of Fortinet, Inc. (FTNT), valued at approximately $89.2 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Fortinet, Inc. (FTNT) represents approximately 0.12% of Renaissance Technologies's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies's peak holding in Fortinet, Inc. (FTNT) was 30,321,940 shares, as reported at the end of Q1 2020. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.