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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, Q4 2023

Institutional positions in Fortinet, Inc. as of Dec 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
1,068
+6 vs. Q3 2023
Shares held
495.6M
−13.6M (−2.7%) vs. Q3 2023
Total value
$29.0B
−$899.9M (−3.0%) vs. Q3 2023
New holders
153
345 more added
Sold out
147
449 more reduced

12 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 holdersQ4 2023: 1,068 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 heldQ4 2023: $29.0B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q3 2023.

Institutions holding FTNT in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc67,273,216$3.94B0.09%−569,257−0.8%Reduced
BlackRock Inc.54,207,379$3.17B0.08%+3,924,964+7.8%Added
State Street Corp26,601,877$1.56B0.08%+1,041,135+4.1%Added
Alliancebernstein L.P.25,913,304$1.52B0.58%−3,221,587−11.1%Reduced
Bank of New York Mellon Corp18,299,787$1.07B0.22%−350,717−1.9%Reduced
Geode Capital Management, LLC14,239,428$831.5M0.09%+119,438+0.8%Added
Nordea Investment Management AB8,859,457$519.2M0.66%−581,602−6.2%Reduced
Morgan Stanley7,967,861$466.4M0.04%−696,263−8.0%Reduced
Swedbank AB7,895,451$462.1M0.75%−37,968−0.5%Reduced
Fundsmith LLPSuperinvestorFundsmith7,331,844$429.1M1.80%+2,407,603+48.9%Added
Invesco Ltd.7,249,588$424.3M0.10%+1,653,980+29.6%Added
Northern Trust Corp6,306,205$369.1M0.07%−203,673−3.1%Reduced
Legal & General Group Plc6,119,066$358.1M0.11%+623,683+11.3%Added
Arrowstreet Capital, Limited Partnership5,973,895$349.7M0.37%−1,635,847−21.5%Reduced
T. Rowe Price Investment Management, Inc.5,613,538$328.6M0.21%−1,292,007−18.7%Reduced
Voya Investment Management LLC5,426,282$317.6M0.33%+3,345,630+160.8%Added
First Trust Advisors LP5,318,413$311.3M0.34%−2,360,532−30.7%Reduced
Two Sigma Advisers, LP5,192,220$303.9M0.71%+4,703,300+962.0%Added
Ameriprise Financial Inc5,102,510$298.6M0.09%−3,750,951−42.4%Reduced
Renaissance Technologies LLC5,073,694$297.0M0.46%−97,851−1.9%Reduced
Price T Rowe Associates Inc4,594,538$268.9M0.04%−1,797,314−28.1%Reduced
Charles Schwab Investment Management Inc3,763,607$220.3M0.06%−25,499−0.7%Reduced
Jacobs Levy Equity Management, Inc3,713,483$217.4M1.10%+497,589+15.5%Added
Goldman Sachs Group Inc3,679,744$215.4M0.05%−2,850,758−43.7%Reduced
FMR LLC3,654,000$213.9M0.02%−5,120,011−58.4%Reduced
UBS Asset Management Americas Inc3,637,661$212.9M0.08%−212,447−5.5%Reduced
Barclays PLC3,529,485$206.6M0.11%+415,256+13.3%Added
Norges Bank3,476,861$203.5M0.04%−2,494,186−41.8%Reduced
Bank of America Corp3,427,379$200.6M0.02%−1,077,421−23.9%Reduced
Two Sigma Investments, LP3,392,605$198.6M0.48%+3,360,805+10,568.6%Added
Robeco Institutional Asset Management B.V.3,276,762$191.8M0.46%−299,462−8.4%Reduced
D. E. Shaw & Co., Inc.3,024,015$177.0M0.26%+863,679+40.0%Added
Van Eck Associates Corp2,926,924$171.3M0.31%+438,476+17.6%Added
Mitsubishi UFJ Trust & Banking Corp2,801,414$164.0M0.39%+218,105+8.4%Added
Holocene Advisors, LP2,789,091$163.2M0.64%+2,789,091New
Bank of Montreal2,600,483$154.5M0.08%+96,323+3.8%Added
Dimensional Fund Advisors LP2,628,691$153.9M0.04%+267,759+11.3%Added
Pictet Asset Management Holding SA2,510,797$147.0M0.16%−1,479,387−37.1%Reduced
American Capital Management Inc2,382,059$139.4M4.77%−31,100−1.3%Reduced
UBS Group AG2,368,081$138.6M0.06%+11,460+0.5%Added
Amundi2,320,235$137.8M0.06%−1,618,639−41.1%Reduced
Deutsche Bank AG2,159,094$126.4M0.06%+237,237+12.3%Added
Credit Suisse AG2,109,987$123.5M0.12%−324,438−13.3%Reduced
Swiss National Bank2,087,400$122.2M0.09%−59,300−2.8%Reduced
Millennium Management LLC2,017,783$118.1M0.11%+1,474,968+271.7%Added
JPMorgan Chase & Co2,005,829$117.4M0.01%−215,870−9.7%Reduced
Qube Research & Technologies Ltd1,947,631$114.0M0.26%+1,151,467+144.6%Added
Royal Bank of Canada1,911,837$111.9M0.03%−652,601−25.4%Reduced
TD Asset Management Inc1,889,149$110.6M0.11%+112,752+6.3%Added
Nuveen Asset Management, LLC1,714,230$100.3M0.03%−13,485−0.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.1,706,651$99.9M0.47%+1,240,056+265.8%Added
Thrivent Financial for Lutherans1,701,977$99.6M0.22%+709,927+71.6%Added
DSM Capital Partners LLC1,687,877$98.8M1.51%+397,871+30.8%Added
HSBC Holdings PLC1,675,718$98.1M0.09%+389,098+30.2%Added
Sumitomo Mitsui Trust Holdings, Inc.1,662,348$97.3M0.07%+15,687+1.0%Added
Caisse de Depot Et Placement du Quebec1,636,709$95.8M0.24%+661,214+67.8%Added
Bessemer Group Inc1,622,047$94.9M0.18%+8,908+0.6%Added
Fundsmith Investment Services Ltd.1,603,420$93.8M1.36%+864,961+117.1%Added
National Pension Service1,559,994$91.3M0.13%+41,873+2.8%Added
AQR Capital Management LLC1,491,677$87.3M0.16%+864,885+138.0%Added
Mirae Asset Global Investments Co., Ltd.1,455,376$85.2M0.17%+105,122+7.8%Added
FIL Ltd1,416,009$82.9M0.09%+1,416,009New
Clearbridge Investments, LLC1,385,125$81.1M0.07%+4,423+0.3%Added
Parnassus Investments1,366,467$80.0M0.18%+944,161+223.6%Added
Wedge Capital Management L L P1,351,458$79.1M1.41%+129,502+10.6%Added
Allianz Asset Management GmbH1,263,907$74.0M0.14%−159,903−11.2%Reduced
Glenmede Trust Co NA1,254,043$73.4M0.38%+121,781+10.8%Added
California Public Employees Retirement System1,237,121$72.4M0.05%−44,209−3.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)1,213,826$71.0M0.27%+323,328+36.3%Added
Rhumbline Advisers1,204,243$70.5M0.07%−22,977−1.9%Reduced
Victory Capital Management Inc1,161,262$68.0M0.07%−236,712−16.9%Reduced
Marshall Wace, LLP1,131,082$66.2M0.13%+1,076,879+1,986.8%Added
Mariner, LLC1,079,961$63.2M0.15%+127,117+13.3%Added
Ensign Peak Advisors, Inc1,069,914$62.6M0.12%+651,832+155.9%Added
California State Teachers Retirement System1,058,235$61.9M0.09%+12,944+1.2%Added
BNP Paribas Arbitrage, SA1,051,087$61.5M0.11%+211,280+25.2%Added
New York State Common Retirement Fund1,050,176$61.5M0.09%−75,488−6.7%Reduced
Woodline Partners LP1,014,630$59.4M0.65%+1,014,630New
Envestnet Asset Management Inc960,607$56.2M0.02%−1,051,131−52.2%Reduced
Atreides Management, LP954,939$55.9M2.01%+954,939New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.949,474$55.6M0.15%−14,820−1.5%Reduced
Stifel Financial Corp942,897$55.2M0.07%−109,897−10.4%Reduced
Pinebridge Investments, L.P.937,487$54.9M0.51%+268,463+40.1%Added
Citigroup Inc909,953$53.3M0.07%−59,483−6.1%Reduced
Wells Fargo & Company879,366$51.5M0.01%−355,485−28.8%Reduced
KBC Group NV853,570$50.0M0.18%+115,430+15.6%Added
Empower Advisory Group, LLC849,826$49.7M0.20%−7,078−0.8%Reduced
Principal Financial Group Inc805,400$47.1M0.03%+45,032+5.9%Added
CCLA Investment Management Ltd789,475$46.8M0.77%+4,641+0.6%Added
Fiera Capital Corp780,341$45.7M0.14%+208,314+36.4%Added
Jane Street Group, LLC775,320$45.4M0.06%+213,361+38.0%Added
LGT Group Foundation748,784$44.5M0.98%+94,475+14.4%Added
Alyeska Investment Group, L.P.751,931$44.0M0.30%+751,931New
Russell Investments Group, Ltd.749,044$43.9M0.08%−168,516−18.4%Reduced
ProShare Advisors LLC735,288$43.0M0.13%−136,471−15.7%Reduced
National Bank of Canada740,528$42.8M0.08%+234,896+46.5%Added
Carmignac Gestion720,902$42.2M0.71%+700,209+3,383.8%Added
State Board of Administration of Florida Retirement System713,522$41.8M0.09%−11,024−1.5%Reduced
Worldquant Millennium Advisors LLC709,108$41.5M0.58%+709,108New
New York State Teachers Retirement System698,710$40.9M0.09%−46,519−6.2%Reduced