Joel Greenblatt's FTNT Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 185,153 shares of Fortinet, Inc. (FTNT) worth $15.57 M, representing 0.07% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in FTNT, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2018, adding 801,930 shares. Largest reduction occurred in Q2 2019, reducing 547,045 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Fortinet (FTNT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Fortinet (FTNT) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2013 | +205,805 | New Buy | 205,805 | $3.82 |
| Q1 2014 | -205,805 | Sold Out | 205,805 | $0.00 |
| Q3 2015 | +34,390 | New Buy | 34,390 | $8.49 |
| Q4 2015 | +116,750 | Add 339.49% | 151,140 | $6.23 |
| Q1 2016 | +131,835 | Add 87.23% | 282,975 | $6.13 |
| Q2 2016 | -133,835 | Reduce 47.30% | 149,140 | $6.32 |
| Q3 2016 | -55,945 | Reduce 37.51% | 93,195 | $7.38 |
| Q4 2016 | -93,195 | Sold Out | 93,195 | $0.00 |
| Q1 2017 | +152,920 | New Buy | 152,920 | $7.67 |
| Q2 2017 | -104,340 | Reduce 68.23% | 48,580 | $7.49 |
| Q3 2017 | -48,580 | Sold Out | 48,580 | $0.00 |
| Q4 2017 | +77,615 | New Buy | 77,615 | $8.74 |
| Q1 2018 | -77,615 | Sold Out | 77,615 | $0.00 |
| Q2 2018 | +879,545 | New Buy | 879,545 | $12.49 |
| Q3 2018 | -49,915 | Reduce 5.68% | 829,630 | $18.45 |
| Q4 2018 | +405,005 | Add 48.82% | 1.23 M | $14.09 |
| Q1 2019 | -281,905 | Reduce 22.83% | 952,730 | $16.79 |
| Q2 2019 | -547,045 | Reduce 57.42% | 405,685 | $15.37 |
| Q3 2019 | +76,280 | Add 18.80% | 481,965 | $15.35 |
| Q4 2019 | -418,670 | Reduce 86.87% | 63,295 | $21.34 |
| Q1 2020 | -7,235 | Reduce 11.43% | 56,060 | $20.23 |
| Q2 2020 | +169,810 | Add 302.91% | 225,870 | $27.45 |
| Q3 2020 | -26,195 | Reduce 11.60% | 199,675 | $23.56 |
| Q4 2020 | -76,750 | Reduce 38.44% | 122,925 | $29.71 |
| Q1 2021 | -21,215 | Reduce 17.26% | 101,710 | $36.88 |
| Q2 2021 | +2,270 | Add 2.23% | 103,980 | $47.63 |
| Q3 2021 | -9,640 | Reduce 9.27% | 94,340 | $58.41 |
| Q4 2021 | +10,565 | Add 11.20% | 104,905 | $71.88 |
| Q1 2022 | +8,350 | Add 7.96% | 113,255 | $68.35 |
| Q2 2022 | -18,602 | Reduce 16.42% | 94,653 | $56.58 |
| Q3 2022 | -3,479 | Reduce 3.68% | 91,174 | $49.13 |
| Q4 2022 | +17,305 | Add 18.98% | 108,479 | $48.89 |
| Q1 2023 | -2,946 | Reduce 2.72% | 105,533 | $66.46 |
| Q2 2023 | -6,848 | Reduce 6.49% | 98,685 | $75.59 |
| Q3 2023 | -11,135 | Reduce 11.28% | 87,550 | $58.68 |
| Q4 2023 | -57,210 | Reduce 65.35% | 30,340 | $58.53 |
| Q1 2024 | +44,716 | Add 147.38% | 75,056 | $68.31 |
| Q2 2024 | -23,580 | Reduce 31.42% | 51,476 | $60.27 |
| Q3 2024 | +21,929 | Add 42.60% | 73,405 | $77.55 |
| Q4 2024 | +8,081 | Add 11.01% | 81,486 | $94.48 |
| Q1 2025 | +74,708 | Add 91.68% | 156,194 | $96.26 |
| Q2 2025 | +65,873 | Add 42.17% | 222,067 | $105.72 |
| Q3 2025 | -36,914 | Reduce 16.62% | 185,153 | $84.08 |
Joel Greenblatt's Fortinet Investment FAQs
Joel Greenblatt first purchased Fortinet, Inc. (FTNT) in Q4 2013, acquiring 205,805 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Fortinet, Inc. (FTNT) for 48 quarters since Q4 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Fortinet, Inc. (FTNT) was in Q2 2018, adding 879,545 shares worth $10.98 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 185,153 shares of Fortinet, Inc. (FTNT), valued at approximately $15.57 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 0.07% of Joel Greenblatt'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.
Joel Greenblatt's peak holding in Fortinet, Inc. (FTNT) was 1,234,635 shares, as reported at the end of Q4 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.