Twin Capital, Federated Hermes, and other institutional investors increased their stakes in Fortinet in Q4.

Twin Capital Management Inc. bought 8,494 shares of Fortinet, Inc., increasing its stake by 19.9% to 51,218 shares in the 4th quarter. Federated Hermes Inc. boosted its position in shares of Fortinet by 149.0%, and Livforsakringsbolaget Skandia Omsesidigt increased its stake by 71.2%. Other institutional investors such as Moneta Group Investment Advisors LLC and Norges Bank also bought new stakes in Fortinet.