FORTIVE CORP FTV
COM · Common Stock · CUSIP 34959J108 · ISIN US34959J1088
Industrial conglomerate company
- SectorTechnology
- IndustryIndustrial Instruments For Measurement, Display, and Control
- HeadquartersEverett, WA
- Founded2016
- Websitefortive.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($68.6m this quarter). Holder counts are more reliable. Shares outstanding: 350.3m as of 2024-07-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $74.10. Options: 10 managers hold calls ($44.4m notional), 9 hold puts ($12.0m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 723 |
| Q4 2022 | 775 |
| Q1 2023 | 775 |
| Q2 2023 | 761 |
| Q3 2023 | 778 |
| Q4 2023 | 820 |
| Q1 2024 | 869 |
| Q2 2024 | 839 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 314 | 330 |
| Q1 2023 | 347 | 315 |
| Q2 2023 | 318 | 325 |
| Q3 2023 | 322 | 317 |
| Q4 2023 | 332 | 350 |
| Q1 2024 | 389 | 347 |
| Q2 2024 | 392 | 379 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $41.1m | $15.9m | 0.39 |
| Q4 2023 | $45.3m | $7.9m | 0.17 |
| Q1 2024 | $66.1m | $13.6m | 0.21 |
| Q2 2024 | $44.4m | $12.0m | 0.27 |
Biggest buyers
| NORGES BANK | Added | +1.3m |
| JANUS HENDERSON GROUP PLC | Added | +819.8k |
| Woodline Partners LP | Added | +751.3k |
| Gates Capital Management, Inc. | Added | +602.7k |
| BROWN ADVISORY INC | Added | +591.2k |
| DEUTSCHE BANK AG\ | Added | +569.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +543.2k |
| VIKING GLOBAL INVESTORS LP | Added | +542.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +477.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +374.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -6.5m |
| Capital World Investors | Sold out | -3.3m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.9m |
| FMR LLC | Reduced | -1.9m |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -1.7m |
| ROYAL BANK OF CANADA | Reduced | -954.5k |
| MARSHALL WACE, LLP | Reduced | -764.4k |
| JPMORGAN CHASE & CO | Reduced | -623.8k |
| COOPER INVESTORS PTY LTD | Sold out | -609.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -567.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.1m204.2k shares |
| UBS Group AG | Unchanged | $9.6m130.0k shares |
| CITADEL ADVISORS LLC | Reduced | $7.8m105.2k shares |
| BARCLAYS PLC | Unchanged | $5.2m70.0k shares |
| Walleye Capital LLC | Added | $2.9m39.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.6m35.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $933.7k12.6k shares |
| GROUP ONE TRADING LLC | Reduced | $118.6k1.6k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Unchanged | $51.9k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $2.8m38.3k shares |
| MILLENNIUM MANAGEMENT LLC | New | $2.3m30.9k shares |
| CITADEL ADVISORS LLC | Reduced | $2.2m29.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.4m19.4k shares |
| Walleye Trading LLC | Reduced | $1.3m18.2k shares |
| Walleye Capital LLC | Added | $1.3m17.8k shares |
| GROUP ONE TRADING LLC | Reduced | $370.5k5.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $274.2k3.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DODGE & COX 13G · institution +1.3 pts · filed 2026-02-13 | 13.9% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +1.4 pts · filed 2026-05-15 | 7.7% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.6% |
| VIKING GLOBAL INVESTORS LP 13G · passive investor +0.7 pts · filed 2026-05-15 | 7.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $3.1m | — |
| Q1 2023 | 0 | — | 1 | $450.5k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 3 | $3.7m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 6 | $23.4m | $425.0k |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.06% of their portfolio | 39.1m $2.9bn | Added +262.7k |
| T. Rowe Price Investment Management, Inc. 1.51% of their portfolio | 32.2m $2.4bn | Reduced -1.9m |
| BlackRock Inc. 0.05% of their portfolio | 30.5m $2.3bn | Added +147.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.20% of their portfolio | 15.0m $1.1bn | Reduced -567.9k |
| STATE STREET CORP 0.04% of their portfolio | 13.9m $1.0bn | Added +86.2k |
| FLOSSBACH VON STORCH SE 3.48% of their portfolio | 11.2m $829.1m | Added +92.6k |
| ROYAL BANK OF CANADA 0.20% of their portfolio | 11.2m $827.8m | Reduced -954.5k |
| VIKING GLOBAL INVESTORS LP 2.86% of their portfolio | 10.0m $743.9m | Added +542.2k |
| FMR LLC 0.04% of their portfolio | 8.9m $662.2m | Reduced -1.9m |
| BROWN ADVISORY INC 0.85% of their portfolio | 8.8m $652.4m | Added +591.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 8.1m $601.9m | Added +168.4k |
| JANUS HENDERSON GROUP PLC 0.28% of their portfolio | 7.1m $523.4m | Added +819.8k |
| Boston Partners 0.63% of their portfolio | 6.8m $506.4m | Added +365.9k |
| NORGES BANK 0.06% of their portfolio | 5.1m $377.4m | Added +1.3m |
| Champlain Investment Partners, LLC 2.22% of their portfolio | 4.9m $361.9m | Reduced -88.9k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.5m $330.3m | Added +169.0k |
| MORGAN STANLEY 0.02% of their portfolio | 3.5m $260.1m | Reduced -6.5m |
| NORTHERN TRUST CORP 0.04% of their portfolio | 3.5m $259.0m | Reduced -17.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 3.3m $247.5m | Added +543.2k |
| Artisan Partners Limited Partnership 0.36% of their portfolio | 3.2m $234.2m | Reduced -63.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.9m $215.7m | Reduced -623.8k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 2.7m $199.7m | Added +317.6k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.7m $197.7m | Added +205.9k |
| Select Equity Group, L.P. 0.78% of their portfolio | 2.6m $195.7m | Added +168.4k |
| Invesco Ltd. 0.04% of their portfolio | 2.6m $190.3m | Added +15.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.19% of their portfolio | 2.6m $190.1m | Added +94.2k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 2.4m $181.5m | Added +67.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.42% of their portfolio | 2.4m $177.1m | First filing |
| Legal & General Group Plc 0.05% of their portfolio | 2.3m $170.6m | Reduced -41.7k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 2.3m $170.1m | Added +265.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.3m $167.9m | Added +10.7k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 2.2m $165.8m | Reduced -17.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.9m $143.8m | Added +52.8k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 1.7m $126.0m | Added +569.8k |
| Amundi 0.05% of their portfolio | 1.7m $121.1m | Reduced -324.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.13% of their portfolio | 1.5m $114.0m | Reduced -191.7k |
| Gates Capital Management, Inc. 3.22% of their portfolio | 1.4m $106.9m | Added +602.7k |
| FIRST MANHATTAN CO. LLC. 0.31% of their portfolio | 1.3m $95.7m | Added +45.0k |
| PANAGORA ASSET MANAGEMENT INC 0.47% of their portfolio | 1.3m $94.0m | Added +273.2k |
| Woodline Partners LP 0.89% of their portfolio | 1.3m $92.9m | Added +751.3k |
| Ceredex Value Advisors LLC 1.75% of their portfolio | 1.2m $92.5m | Added +184.7k |
| JENNISON ASSOCIATES LLC 0.06% of their portfolio | 1.2m $87.2m | Reduced -29.5k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 1.2m $86.7m | Added +209.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 1.1m $82.7m | Added +224.3k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 1.1m $82.9m | Reduced -764.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.15% of their portfolio | 1.1m $79.3m | Added +128.8k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 1.0m $77.4m | Added +33.9k |
| Swiss National Bank 0.05% of their portfolio | 1.0m $77.1m | Reduced -12.1k |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 1.45% of their portfolio | 963.4k $71.4m | Added +106.8k |
| BARCLAYS PLC 0.03% of their portfolio | 933.7k $69.2m | Added +43.0k |
| NICHOLAS COMPANY, INC. 1.11% of their portfolio | 899.7k $66.7m | Reduced -155 |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 897.9k $66.5m | Added +82.2k |
| TD Asset Management Inc 0.06% of their portfolio | 864.9k $64.1m | Added +30.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 853.2k $63.2m | Added +374.0k |
| UBS Group AG 0.02% of their portfolio | 843.0k $62.5m | Reduced -27.4k |
| Clark Capital Management Group, Inc. 0.45% of their portfolio | 829.4k $61.5m | Added +32.1k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 811.4k $59.8m | Added +221.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 799.8k $59.3m | Reduced -41.3k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 785.9k $58.2m | Reduced -764 |
| SEI INVESTMENTS CO 0.08% of their portfolio | 773.0k $57.3m | Added +38.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.15% of their portfolio | 772.3k $57.2m | Reduced -71.0k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 653.9k $48.5m | Reduced -148.4k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 640.6k $47.5m | Reduced -15.0k |
| California Public Employees Retirement System 0.03% of their portfolio | 620.1k $46.0m | Reduced -21.4k |
| Korea Investment CORP 0.11% of their portfolio | 605.5k $44.9m | Added +81.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 595.7k $44.1m | Reduced -15.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 594.7k $44.1m | Added +11.5k |
| MAR VISTA INVESTMENT PARTNERS LLC 1.98% of their portfolio | 543.0k $40.2m | Reduced -93.5k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 541.9k $40.2m | Added +477.7k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.18% of their portfolio | 541.4k $40.1m | Reduced -23.6k |
| Crestwood Advisors Group, LLC 0.83% of their portfolio | 538.7k $39.9m | Added +13.9k |
| Kodai Capital Management LP 0.76% of their portfolio | 537.4k $39.8m | Reduced -237.6k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 489.9k $36.3m | Reduced -564.3k |
| National Pension Service 0.04% of their portfolio | 484.6k $35.9m | Added +25.9k |
| Destination Wealth Management 1.17% of their portfolio | 476.5k $35.3m | Added +733 |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 465.9k $34.5m | Added +16.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 462.3k $34.3m | Reduced -124.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 456.5k $33.8m | Added +39.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 422.8k $31.3m | Reduced -3.9k |
| CITIGROUP INC 0.03% of their portfolio | 410.7k $30.4m | Reduced -14.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 410.2k $30.4m | Added +41.1k |
| Candriam S.C.A. 0.18% of their portfolio | 399.0k $29.6m | Reduced -9.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 395.3k $29.3m | Reduced -13.5k |
| Aureus Asset Management, LLC 2.04% of their portfolio | 393.8k $29.2m | Reduced -8.7k |
| 1832 Asset Management L.P. 0.05% of their portfolio | 393.6k $29.2m | Added +49.3k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 382.7k $28.4m | Added +349.5k |
| BLAIR WILLIAM & CO/IL 0.09% of their portfolio | 376.1k $27.9m | Reduced -7.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 368.6k $27.3m | Added +7.4k |
| Canoe Financial LP 0.56% of their portfolio | 348.3k $30.0m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 343.8k $25.5m | Added +24.5k |
| WHITTIER TRUST CO 0.34% of their portfolio | 323.4k $24.0m | Added +5.9k |
| REGIONS FINANCIAL CORP 0.18% of their portfolio | 323.4k $24.0m | Added +1.3k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 322.4k $23.9m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 321.2k $23.8m | Added +7.1k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 321.1k $23.8m | Added +177.3k |
| Williams Jones Wealth Management, LLC. 0.29% of their portfolio | 320.1k $23.7m | Reduced -9.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 315.1k $23.4m | Reduced -85.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 314.6k $23.3m | Added +259.2k |
| Cannell & Spears LLC 0.46% of their portfolio | 298.5k $22.1m | Added +14.5k |
| Capital Investment Services of America, Inc. 2.12% of their portfolio | 296.5k $22.0m | Reduced -6.2k |