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Fortinet, Inc.

FTNT
Exchange
Nasdaq
Industry
Computer Peripheral Equipment, NEC
SEC CIK
0001262039

In the last 90 days, Fortinet, Inc. insiders filed 0 open-market purchases and 5 sales; 1,589 institutions reported holding it in 13F filings for Q2 2026, worth $77.6B in total; Fundsmith is the only superinvestor holding it.

13F holders, Q1 2023

Institutional positions in Fortinet, Inc. as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
999
+56 vs. Q4 2022
Shares held
521.9M
−5.64M (−1.1%) vs. Q4 2022
Total value
$34.7B
+$8.87B (+34.4%) vs. Q4 2022
New holders
140
321 more added
Sold out
84
421 more reduced

13 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FTNT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 999 institutions
Q1 2021: 732 institutionsQ2 2021: 795 institutionsQ3 2021: 871 institutionsQ4 2021: 978 institutionsQ1 2022: 955 institutionsQ2 2022: 938 institutionsQ3 2022: 894 institutionsQ4 2022: 956 institutionsQ1 2023: 999 institutionsQ2 2023: 1,106 institutionsQ3 2023: 1,074 institutionsQ4 2023: 1,068 institutionsQ1 2024: 1,115 institutionsQ2 2024: 1,074 institutionsQ3 2024: 1,127 institutionsQ4 2024: 1,297 institutionsQ1 2025: 1,357 institutionsQ2 2025: 1,385 institutionsQ3 2025: 1,277 institutionsQ4 2025: 1,331 institutionsQ1 2026: 1,332 institutionsQ2 2026: 1,589 institutions
Value heldQ1 2023: $34.7B
Q1 2021: $21.5BQ2 2021: $27.1BQ3 2021: $32.6BQ4 2021: $39.1BQ1 2022: $36.7BQ2 2022: $29.6BQ3 2022: $25.2BQ4 2022: $25.9BQ1 2023: $34.7BQ2 2023: $39.4BQ3 2023: $30.0BQ4 2023: $29.0BQ1 2024: $34.4BQ2 2024: $30.5BQ3 2024: $38.9BQ4 2024: $48.4BQ1 2025: $49.3BQ2 2025: $54.6BQ3 2025: $40.6BQ4 2025: $40.6BQ1 2026: $40.3BQ2 2026: $77.6B
Institutions holding FTNT and their total value by quarter
QuarterHoldersValue
Q2 20261,589$77.6B
Q1 20261,332$40.3B
Q4 20251,331$40.6B
Q3 20251,277$40.6B
Q2 20251,385$54.6B
Q1 20251,357$49.3B
Q4 20241,297$48.4B
Q3 20241,127$38.9B
Q2 20241,074$30.5B
Q1 20241,115$34.4B
Q4 20231,068$29.0B
Q3 20231,074$30.0B
Q2 20231,106$39.4B
Q1 2023999$34.7B
Q4 2022956$25.9B
Q3 2022894$25.2B
Q2 2022938$29.6B
Q1 2022955$36.7B
Q4 2021978$39.1B
Q3 2021871$32.6B
Q2 2021795$27.1B
Q1 2021732$21.5B

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q4 2022.

Institutions holding FTNT in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc67,613,533$4.49B0.11%+239,581+0.4%Added
BlackRock Inc.51,202,733$3.40B0.10%+617,369+1.2%Added
Alliancebernstein L.P.28,263,105$1.88B0.80%+1,655,428+6.2%Added
State Street Corp25,395,593$1.69B0.10%+527,129+2.1%Added
Bank of New York Mellon Corp19,863,519$1.32B0.29%−129,156−0.6%Reduced
T. Rowe Price Investment Management, Inc.15,655,442$1.04B0.75%−509,132−3.1%Reduced
Geode Capital Management, LLC15,178,603$1.01B0.13%+147,048+1.0%Added
Viking Global Investors LPSuperinvestorViking Global Investors11,875,384$789.2M3.70%+4,748,557+66.6%Added
Ameriprise Financial Inc10,673,233$709.3M0.23%−653,152−5.8%Reduced
FMR LLC10,206,706$678.3M0.06%−6,703,418−39.6%Reduced
Price T Rowe Associates Inc8,828,685$586.8M0.09%−4,111,357−31.8%Reduced
Morgan Stanley6,978,900$463.8M0.05%−140,689−2.0%Reduced
Northern Trust Corp6,710,920$446.0M0.09%+103,150+1.6%Added
Arrowstreet Capital, Limited Partnership6,673,226$443.5M0.57%+2,440,659+57.7%Added
Norges Bank6,238,551$414.6M0.09%−162,835−2.5%Reduced
Renaissance Technologies LLC6,230,645$414.1M0.55%+1,958,200+45.8%Added
First Trust Advisors LP6,144,043$408.3M0.47%−1,011,558−14.1%Reduced
Legal & General Group Plc6,084,509$404.4M0.14%−68,129−1.1%Reduced
Alphinity Investment Management Pty Ltd5,322,762$353.8M7.92%+1,306,141+32.5%Added
Swedbank AB5,317,465$353.4M0.70%+2,150,293+67.9%Added
Pictet Asset Management SA5,260,172$349.6M0.44%+249,559+5.0%Added
Invesco Ltd.5,042,226$335.1M0.09%+396,604+8.5%Added
Goldman Sachs Group Inc4,831,233$321.1M0.09%−22,279−0.5%Reduced
Amundi4,314,873$281.1M0.15%+729,269+20.3%Added
Bank of America Corp3,768,812$250.5M0.03%+248,560+7.1%Added
Nordea Investment Management AB3,671,074$242.6M0.35%+350,467+10.6%Added
Charles Schwab Investment Management Inc3,531,283$234.7M0.07%−216,128−5.8%Reduced
Van Eck Associates Corp3,416,042$227.0M0.52%+32,819+1.0%Added
American Capital Management Inc3,407,875$226.5M7.97%−157,365−4.4%Reduced
Two Sigma Advisers, LP3,137,320$208.5M0.54%+136,300+4.5%Added
UBS Asset Management Americas Inc3,126,110$207.8M0.10%−862,692−21.6%Reduced
D. E. Shaw & Co., Inc.2,958,340$196.6M0.32%+1,482,202+100.4%Added
Jacobs Levy Equity Management, Inc2,957,725$196.6M1.20%+204,029+7.4%Added
UBS Group AG2,863,907$190.3M0.09%+43,676+1.5%Added
Westfield Capital Management Co LP2,748,726$182.7M1.29%−209,506−7.1%Reduced
Bank of Montreal2,663,267$177.1M0.11%+240,749+9.9%Added
Credit Suisse AG2,654,279$176.4M0.18%+178,599+7.2%Added
Swiss National Bank2,635,300$175.1M0.12%−88,800−3.3%Reduced
Acadian Asset Management LLC2,535,658$168.5M0.74%+82,866+3.4%Added
Mitsubishi UFJ Trust & Banking Corp2,482,382$165.0M0.40%−240,871−8.8%Reduced
Marshall Wace, LLP2,455,547$163.2M0.40%−52,131−2.1%Reduced
TD Asset Management Inc2,365,451$157.2M0.19%−90,186−3.7%Reduced
Barclays PLC2,358,343$156.7M0.16%+1,085,226+85.2%Added
Fundsmith LLPSuperinvestorFundsmith2,313,303$153.7M0.66%00.0%Unchanged
Dimensional Fund Advisors LP2,310,267$153.5M0.05%−30,437−1.3%Reduced
Voya Investment Management LLC2,265,096$150.5M0.16%+27,110+1.2%Added
Deutsche Bank AG2,163,244$143.8M0.08%+548,721+34.0%Added
Robeco Institutional Asset Management B.V.2,029,389$134.9M0.37%−104,266−4.9%Reduced
AustralianSuper Pty Ltd1,961,918$130.4M0.90%+538,213+37.8%Added
Whale Rock Capital Management LLC1,912,868$127.1M2.80%+1,542,951+417.1%Added
Sumitomo Mitsui Trust Holdings, Inc.1,893,037$125.8M0.09%−34,943−1.8%Reduced
Anomaly Capital Management, LP1,852,237$123.1M5.42%−571,758−23.6%Reduced
Nuveen Asset Management, LLC1,832,321$121.8M0.05%−316,203−14.7%Reduced
Holocene Advisors, LP1,812,055$120.4M0.60%+1,812,055New
JPMorgan Chase & Co1,742,605$115.8M0.02%−455,782−20.7%Reduced
Mirae Asset Global Investments Co., Ltd.1,670,217$111.0M0.26%−263,180−13.6%Reduced
National Pension Service1,684,244$110.8M0.20%+165,045+10.9%Added
Neuberger Berman Group LLC1,625,041$107.2M0.10%−44,954−2.7%Reduced
Bessemer Group Inc1,608,175$106.9M0.25%+15,198+1.0%Added
Envestnet Asset Management Inc1,516,858$100.8M0.05%+750,757+98.0%Added
Royal Bank of Canada1,409,423$93.7M0.03%−1,482,639−51.3%Reduced
Thrivent Financial for Lutherans1,291,914$85.9M0.21%+1,217,128+1,627.5%Added
The PNC Financial Services Group, Inc.1,290,865$85.8M0.08%+17,381+1.4%Added
Allianz Asset Management GmbH1,279,441$85.0M0.18%+245,133+23.7%Added
1832 Asset Management L.P.1,268,137$84.3M0.17%+1,268,137New
Rhumbline Advisers1,264,859$84.1M0.10%+86,839+7.4%Added
California Public Employees Retirement System1,243,432$82.6M0.07%−200,800−13.9%Reduced
Clearbridge Investments, LLC1,223,637$81.3M0.08%−279,298−18.6%Reduced
Wells Fargo & Company1,210,606$80.5M0.02%−200,958−14.2%Reduced
Wedge Capital Management L L P1,201,814$79.9M1.35%−65,163−5.1%Reduced
Victory Capital Management Inc1,191,396$79.2M0.09%+221,368+22.8%Added
Russell Investments Group, Ltd.1,141,434$75.7M0.15%−40,942−3.5%Reduced
California State Teachers Retirement System1,090,540$72.5M0.11%−17,323−1.6%Reduced
ETF Managers Group, LLC1,075,767$71.5M2.31%−137,406−11.3%Reduced
Virginia Retirement Systems Et Al1,075,047$71.4M0.74%+24,347+2.3%Added
Millennium Management LLC1,071,903$71.2M0.08%−2,798,230−72.3%Reduced
Stifel Financial Corp1,056,349$70.2M0.10%−27,130−2.5%Reduced
Empower Advisory Group, LLC1,033,303$68.5M0.31%+1,033,303New
Atalan Capital Partners, LP1,025,000$68.1M5.72%−350,000−25.5%Reduced
Glenmede Trust Co NA1,005,087$66.8M0.38%−559,143−35.7%Reduced
Nomura Asset Management Co Ltd988,591$65.7M0.35%+261,157+35.9%Added
Ossiam957,099$63.6M1.32%+82,245+9.4%Added
Balyasny Asset Management LLC929,440$61.8M0.20%+926,292+29,424.8%Added
New York State Common Retirement Fund842,205$56.0M0.08%−318,546−27.4%Reduced
New York State Teachers Retirement System806,477$53.6M0.13%−39,646−4.7%Reduced
Citigroup Inc802,439$53.3M0.07%−78,114−8.9%Reduced
ProShare Advisors LLC798,544$53.1M0.16%+798,544New
Principal Financial Group Inc798,528$53.1M0.04%−7,132−0.9%Reduced
Mariner, LLC765,283$50.9M0.15%+659,813+625.6%Added
State of Michigan Retirement System758,070$50.4M0.33%+1,800+0.2%Added
State Board of Administration of Florida Retirement System755,132$50.2M0.12%+2,800+0.4%Added
Stephens Investment Management Group LLC737,727$49.0M0.82%−175,230−19.2%Reduced
BNP Paribas Arbitrage, SA733,108$48.7M0.11%+41,277+6.0%Added
Epoch Investment Partners, Inc.725,597$48.2M0.29%−64,024−8.1%Reduced
Argent Capital Management LLC724,743$48.2M1.67%+2,394+0.3%Added
HSBC Holdings PLC722,381$48.0M0.06%−583,156−44.7%Reduced
Allspring Global Investments Holdings, LLC716,919$47.6M0.08%−75,560−9.5%Reduced
APG Asset Management N.V.750,464$45.9M0.10%−136,896−15.4%Reduced
Great West Life Assurance Co665,250$44.3M0.11%−22,017−3.2%Reduced
Adage Capital Partners GP, L.L.C.649,290$43.2M0.10%+54,800+9.2%Added