Fortinet, Inc.

FTNT

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

SEC filings (opens in a new tab)

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

Value heldQ1 2023: $34.7B

Institutions holding FTNT and their total value by quarter
Quarter	Holders	Value
Q2 2026	1,589	$77.6B
Q1 2026	1,332	$40.3B
Q4 2025	1,331	$40.6B
Q3 2025	1,277	$40.6B
Q2 2025	1,385	$54.6B
Q1 2025	1,357	$49.3B
Q4 2024	1,297	$48.4B
Q3 2024	1,127	$38.9B
Q2 2024	1,074	$30.5B
Q1 2024	1,115	$34.4B
Q4 2023	1,068	$29.0B
Q3 2023	1,074	$30.0B
Q2 2023	1,106	$39.4B
Q1 2023	999	$34.7B
Q4 2022	956	$25.9B
Q3 2022	894	$25.2B
Q2 2022	938	$29.6B
Q1 2022	955	$36.7B
Q4 2021	978	$39.1B
Q3 2021	871	$32.6B
Q2 2021	795	$27.1B
Q1 2021	732	$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
Institution	Shares	Value	% of portfolio	Change in shares	Action
Qube Research & Technologies Ltd	0	$0	0.00%	−1,073,465−100.0%	Sold out
Moran Wealth Management, LLC	0	$0	0.00%	−384,369−100.0%	Sold out
Varma Mutual Pension Insurance Co	0	$0	0.00%	−299,000−100.0%	Sold out
Cowbird Capital LP	0	$0	0.00%	−264,000−100.0%	Sold out
Retirement Systems of Alabama	0	$0	0.00%	−207,730−100.0%	Sold out
Rheos Capital Works Inc.	0	$0	0.00%	−183,000−100.0%	Sold out
Meitav Dash Investments Ltd	0	$0	0.00%	−153,940−100.0%	Sold out
Tudor Investment Corp Et Al	0	$0	0.00%	−146,380−100.0%	Sold out
USS Investment Management Ltd	0	$0	0.00%	−113,896−100.0%	Sold out
Janney Montgomery Scott LLC	0	$0	0.00%	−111,064−100.0%	Sold out
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD	0	$0	0.00%	−101,905−100.0%	Sold out
HRT Financial LP	0	$0	0.00%	−94,482−100.0%	Sold out
Laurion Capital Management LP	0	$0	0.00%	−87,550−100.0%	Sold out
Beacon Harbor Wealth Advisors, Inc.	0	$0	0.00%	−79,414−100.0%	Sold out
Camden National Bank	0	$0	0.00%	−73,255−100.0%	Sold out
Occudo Quantitative Strategies LP	0	$0	0.00%	−72,513−100.0%	Sold out
MML Investors Services, LLC	0	$0	0.00%	−69,355−100.0%	Sold out
Schonfeld Strategic Advisors LLC	0	$0	0.00%	−50,689−100.0%	Sold out
M&G Investment Management Ltd	0	$0	0.00%	−49,575−100.0%	Sold out
Duality Advisers, LP	0	$0	0.00%	−43,465−100.0%	Sold out
Virtu Financial LLC	0	$0	0.00%	−41,691−100.0%	Sold out
Capstone Investment Advisors, LLC	0	$0	0.00%	−41,254−100.0%	Sold out
Arabesque Asset Management Ltd	0	$0	0.00%	−38,574−100.0%	Sold out
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD	0	$0	0.00%	−37,410−100.0%	Sold out
PEAK6 Investments LLC	0	$0	0.00%	−31,237−100.0%	Sold out
Redwood Investment Management, LLC	0	$0	0.00%	−31,116−100.0%	Sold out
Patton Fund Management, Inc.	0	$0	0.00%	−30,607−100.0%	Sold out
PKO Investment Management Joint-Stock Co	0	$0	0.00%	−28,500−100.0%	Sold out
Allstate Corp	0	$0	0.00%	−24,286−100.0%	Sold out
Tocqueville Asset Management L.P.	0	$0	0.00%	−22,500−100.0%	Sold out
Y-Intercept (Hong Kong) Ltd	0	$0	0.00%	−20,915−100.0%	Sold out
Prescott Group Capital Management, L.L.C.	0	$0	0.00%	−20,000−100.0%	Sold out
Mach-1 Financial Group, Inc.	0	$0	0.00%	−17,089−100.0%	Sold out
Susquehanna Fundamental Investments, LLC	0	$0	0.00%	−16,270−100.0%	Sold out
Magnetar Financial LLC	0	$0	0.00%	−14,100−100.0%	Sold out
Partners Group Holding AG	0	$0	0.00%	−12,963−100.0%	Sold out
Cavalier Investments, LLC	0	$0	0.00%	−12,330−100.0%	Sold out
Point72 Middle East FZE	0	$0	0.00%	−12,273−100.0%	Sold out
Gsa Capital Partners LLP	0	$0	0.00%	−12,110−100.0%	Sold out
Petrus Trust Company, LTA	0	$0	0.00%	−11,937−100.0%	Sold out
BIT Capital GmbH	0	$0	0.00%	−10,928−100.0%	Sold out
Level Four Advisory Services, LLC	0	$0	0.00%	−10,711−100.0%	Sold out
Oppenheimer Asset Management Inc.	0	$0	0.00%	−10,318−100.0%	Sold out
Axq Capital, LP	0	$0	0.00%	−9,480−100.0%	Sold out
Two Sigma Securities, LLC	0	$0	0.00%	−9,306−100.0%	Sold out
Capital Impact Advisors, LLC	0	$0	0.00%	−9,241−100.0%	Sold out
Kula Investments, LLC	0	$0	0.00%	−8,587−100.0%	Sold out
Arete Wealth Advisors, LLC	0	$0	0.00%	−7,201−100.0%	Sold out
Sustainable Insight Capital Management, LLC	0	$0	0.00%	−6,950−100.0%	Sold out
Utah Peaks Capital Inc	0	$0	0.00%	−6,899−100.0%	Sold out
Dakota Wealth Management	0	$0	0.00%	−6,448−100.0%	Sold out
Capital Market Strategies LLC	0	$0	0.00%	−6,325−100.0%	Sold out
Blueshift Asset Management, LLC	0	$0	0.00%	−6,289−100.0%	Sold out
Little House Capital LLC	0	$0	0.00%	−5,909−100.0%	Sold out
Main Street Research LLC	0	$0	0.00%	−4,655−100.0%	Sold out
Ibex Wealth Advisors	0	$0	0.00%	−4,182−100.0%	Sold out
Headlands Technologies LLC	0	$0	0.00%	−3,729−100.0%	Sold out
Counterpoint Mutual Funds LLC	0	$0	0.00%	−3,055−100.0%	Sold out
Oder Investment Management, LLC	0	$0	0.00%	−2,385−100.0%	Sold out
One Wealth Advisors, LLC	0	$0	0.00%	−1,916−100.0%	Sold out
U.S. Capital Wealth Advisors, LLC	0	$0	0.00%	−1,355−100.0%	Sold out
Phocas Financial Corp.	0	$0	0.00%	−875−100.0%	Sold out
Kraematon Investment Advisors, Inc	0	$0	0.00%	−875−100.0%	Sold out
Coppell Advisory Solutions LLC	0	$0	0.00%	−854−100.0%	Sold out
Coppell Advisory Solutions Corp.	0	$0	0.00%	−854−100.0%	Sold out
Zullo Investment Group, Inc.	0	$0	0.00%	−330−100.0%	Sold out
Riverview Trust Co	0	$0	0.00%	−265−100.0%	Sold out
Dark Forest Capital Management LP	0	$0	0.00%	−221−100.0%	Sold out
Fiduciary Alliance LLC	0	$0	0.00%	−156−100.0%	Sold out
Delta Asset Management LLC	0	$0	0.00%	−145−100.0%	Sold out
Advanced Asset Management Advisors Inc	0	$0	0.00%	−125−100.0%	Sold out
Beaird Harris Wealth Management, LLC	0	$0	0.00%	−124−100.0%	Sold out
Romano Brothers and Company	0	$0	0.00%	−120−100.0%	Sold out
IAG Wealth Partners, LLC	0	$0	0.00%	−107−100.0%	Sold out
RWM Asset Management, LLC	0	$0	0.00%	−105−100.0%	Sold out
My Personal CFO, LLC	0	$0	0.00%	−78−100.0%	Sold out
Horan Securities, Inc.	0	$0	0.00%	−54−100.0%	Sold out
American National Bank	0	$0	0.00%	−50−100.0%	Sold out
Sierra Capital LLC	0	$0	0.00%	−50−100.0%	Sold out
High Net Worth Advisory Group LLC	0	$0	0.00%	−30−100.0%	Sold out
Tradewinds Capital Management, LLC	0	$0	0.00%	−25−100.0%	Sold out
Ten Capital Wealth Advisors, LLC	0	$0	0.00%	−15−100.0%	Sold out
McElhenny Sheffield Capital Management, LLC	0	$0	0.00%	−14−100.0%	Sold out
Personal Capital Advisors Corp	–	–	–	–	Not filed
Comerica Bank	–	–	–	–	Not filed
Financial Advisors Network, Inc.	–	–	–	–	Not filed
Allstate Investment Management Co	–	–	–	–	Not filed
Neo Ivy Capital Management	–	–	–	–	Not filed
Willner & Heller, LLC	–	–	–	–	Not filed
Seeyond	–	–	–	–	Not filed
Laurel Wealth Advisors, Inc.	–	–	–	–	Not filed
CoreCap Advisors, LLC	–	–	–	–	Not filed
Heritage Wealth Management, LLC	–	–	–	–	Not filed
St Germain D J Co Inc	–	–	–	–	Not filed
Moser Wealth Advisors, LLC	–	–	–	–	Not filed
Cribstone Capital Management, LLC	–	–	–	–	Not filed