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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 2024

Institutional positions in Fortinet, Inc. as of Dec 31, 2024. 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
1,297
+191 vs. Q3 2024
Shares held
512.0M
+11.4M (+2.3%) vs. Q3 2024
Total value
$48.4B
+$9.60B (+24.8%) vs. Q3 2024
New holders
254
452 more added
Sold out
63
420 more reduced

21 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 1,297 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 2024: $48.4B
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 2024

Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q3 2024.

Institutions holding FTNT in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc68,115,470$6.44B0.11%+730,994+1.1%Added
BlackRock, Inc.56,630,537$5.35B0.11%−382,424−0.7%Reduced
State Street Corp28,229,462$2.67B0.11%+948,183+3.5%Added
Bank of New York Mellon Corp15,953,398$1.51B0.28%−1,374,531−7.9%Reduced
Geode Capital Management, LLC15,270,913$1.44B0.11%+387,901+2.6%Added
Price T Rowe Associates Inc11,197,999$1.06B0.12%−885,500−7.3%Reduced
Morgan Stanley11,001,266$1.04B0.07%+1,700,205+18.3%Added
Fundsmith LLPSuperinvestorFundsmith8,530,423$806.0M3.44%−1,587,870−15.7%Reduced
Invesco Ltd.8,388,693$792.6M0.15%+2,000,888+31.3%Added
Norges Bank7,663,508$724.0M0.10%+2,251,156+41.6%Added
Arrowstreet Capital, Limited Partnership7,622,253$720.2M0.58%+2,151,811+39.3%Added
Nordea Investment Management AB7,459,276$705.2M0.74%−1,510,885−16.8%Reduced
T. Rowe Price Investment Management, Inc.6,756,441$638.3M0.39%−23,543−0.3%Reduced
Amundi6,577,467$631.7M0.22%+1,766,860+36.7%Added
FMR LLC6,531,705$617.1M0.04%+2,846,475+77.2%Added
Northern Trust Corp6,470,320$611.3M0.09%+951,233+17.2%Added
UBS Asset Management Americas Inc5,990,190$566.0M0.13%+202,259+3.5%Added
Barclays PLC5,933,258$560.6M0.28%−888,030−13.0%Reduced
Legal & General Group Plc5,800,235$548.0M0.14%−604,476−9.4%Reduced
First Trust Advisors LP5,109,927$482.8M0.43%−199,419−3.8%Reduced
Bessemer Group Inc4,906,439$463.6M0.76%+2,064,016+72.6%Added
Swedbank AB4,788,846$452.5M0.56%−2,015,745−29.6%Reduced
Goldman Sachs Group Inc4,780,741$451.7M0.09%+885,403+22.7%Added
Two Sigma Advisers, LP4,661,920$440.5M1.02%−1,647,900−26.1%Reduced
Renaissance Technologies LLC4,621,210$436.6M0.65%−321,952−6.5%Reduced
D. E. Shaw & Co., Inc.4,378,869$413.7M0.46%−1,769,355−28.8%Reduced
AQR Capital Management LLC4,237,978$400.4M0.52%+214,879+5.3%Added
Deutsche Bank AG4,234,488$400.1M0.16%+126,441+3.1%Added
Charles Schwab Investment Management Inc3,974,625$375.5M0.07%+156,766+4.1%Added
UBS Group AG3,931,079$371.4M0.08%+1,316,591+50.4%Added
Ameriprise Financial Inc3,604,399$340.6M0.09%−35,015−1.0%Reduced
Van Eck Associates Corp3,267,528$308.7M0.40%+106,253+3.4%Added
Robeco Institutional Asset Management B.V.3,135,965$296.3M0.56%−268,010−7.9%Reduced
Qube Research & Technologies Ltd3,102,131$293.1M0.48%+697,422+29.0%Added
Los Angeles Capital Management LLC2,919,952$275.9M1.12%+1,682,708+136.0%Added
Acadian Asset Management LLC2,891,495$273.2M0.79%+541,640+23.0%Added
Pictet Asset Management Holding SA2,890,985$273.1M0.29%+38,654+1.4%Added
Dimensional Fund Advisors LP2,611,461$246.7M0.06%+426,616+19.5%Added
Bank of America Corp2,596,662$245.3M0.02%−1,163,223−30.9%Reduced
BNP Paribas Arbitrage, SA2,578,083$243.6M0.19%+375,631+17.1%Added
JPMorgan Chase & Co2,562,385$242.1M0.02%−185,065−6.7%Reduced
Fundsmith Investment Services Ltd.2,549,634$240.9M3.13%00.0%Unchanged
DSM Capital Partners LLC2,431,164$229.7M3.55%+523,425+27.4%Added
Two Sigma Investments, LP2,163,807$204.4M0.47%−1,004,063−31.7%Reduced
Voya Investment Management LLC2,145,630$202.7M0.21%−399,442−15.7%Reduced
National Pension Service1,959,847$185.2M0.18%+54,444+2.9%Added
Sarasin & Partners LLP1,951,234$184.4M2.03%+20,337+1.1%Added
Bank of Montreal1,867,559$176.4M0.09%−716,969−27.7%Reduced
Mitsubishi UFJ Trust & Banking Corp1,847,500$174.6M0.41%−347,410−15.8%Reduced
Swiss National Bank1,836,700$173.5M0.12%−90,700−4.7%Reduced
Millennium Management LLC1,818,087$171.8M0.15%−1,811,984−49.9%Reduced
California Public Employees Retirement System1,743,571$164.7M0.11%+634,455+57.2%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,633,521$154.3M0.38%−224,127−12.1%Reduced
Allianz Asset Management GmbH1,593,986$150.6M0.22%+534,061+50.4%Added
Nuveen Asset Management, LLC1,578,820$149.2M0.04%+31,540+2.0%Added
Sumitomo Mitsui Trust Holdings, Inc.1,550,733$146.5M0.10%+37,009+2.4%Added
Victory Capital Management Inc1,492,200$141.0M0.14%+133,003+9.8%Added
American Capital Management Inc1,491,138$140.9M5.24%−356,727−19.3%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,456,147$137.6M0.29%−33,501−2.2%Reduced
CCLA Investment Management Ltd1,442,167$136.3M2.16%+58,970+4.3%Added
HSBC Holdings PLC1,415,431$133.9M0.08%+56,183+4.1%Added
Federated Hermes, Inc.1,406,740$132.9M0.29%+242,397+20.8%Added
Squarepoint Ops LLC1,366,077$129.1M0.33%+495,481+56.9%Added
Parnassus Investments1,355,397$128.1M0.28%−95,012−6.6%Reduced
Citigroup Inc1,348,797$127.4M0.12%−106,451−7.3%Reduced
Royal Bank of Canada1,347,661$127.3M0.03%−607,059−31.1%Reduced
Worldquant Millennium Advisors LLC1,337,103$126.3M0.82%−120,755−8.3%Reduced
Rhumbline Advisers1,221,345$115.4M0.10%−1,895−0.2%Reduced
Healthcare of Ontario Pension Plan Trust Fund1,200,665$113.4M0.24%+1,055,256+725.7%Added
TD Asset Management Inc1,117,638$105.6M0.09%+16,429+1.5%Added
Marshall Wace, LLP1,117,385$105.6M0.13%−1,642,351−59.5%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,062,664$103.6M0.10%+78,081+7.9%Added
Thrivent Financial for Lutherans1,073,021$101.4M0.20%−282,148−20.8%Reduced
Penserra Capital Management LLC1,051,657$99.4M1.82%+6,908+0.7%Added
Fiera Capital Corp1,042,009$98.4M0.31%+131,393+14.4%Added
Clearbridge Investments, LLC1,032,932$97.6M0.08%−165,728−13.8%Reduced
Empower Advisory Group, LLC1,022,383$96.6M0.33%+14,159+1.4%Added
ProShare Advisors LLC1,011,561$95.6M0.22%+163,434+19.3%Added
California State Teachers Retirement System1,009,160$95.3M0.11%−23,236−2.3%Reduced
Franklin Resources Inc998,626$94.3M0.03%+607,363+155.2%Added
Alliancebernstein L.P.989,717$93.5M0.03%−72,200−6.8%Reduced
Bridgewater Associates, LP933,694$88.2M0.40%+732,872+364.9%Added
Caisse de Depot Et Placement du Quebec926,192$87.5M0.18%+14,149+1.6%Added
Stifel Financial Corp880,188$83.2M0.09%+9,573+1.1%Added
Jane Street Group, LLC862,035$81.4M0.13%−65,513−7.1%Reduced
New York State Common Retirement Fund840,073$79.4M0.11%+2000.0%Added
Prudential Financial Inc826,136$78.1M0.11%+421,569+104.2%Added
LGT Group Foundation799,230$75.5M1.17%−27,206−3.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH793,413$75.0M0.15%+793,413New
E. Ohman J:or Asset Management AB787,978$74.4M1.74%−49,383−5.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)787,615$74.4M0.21%−867−0.1%Reduced
Bank of Nova Scotia787,390$74.4M0.13%+232,469+41.9%Added
Great West Life Assurance Co784,287$74.1M0.13%+74,587+10.5%Added
Royal London Asset Management Ltd782,516$73.9M0.18%+399,848+104.5%Added
Principal Financial Group Inc761,386$71.9M0.04%+11,243+1.5%Added
Holocene Advisors, LP739,677$69.9M0.23%+739,677New
Wells Fargo & Company739,330$69.9M0.02%−94,938−11.4%Reduced
Man Group plc736,054$69.5M0.21%+422,964+135.1%Added
Raymond James Financial Inc734,342$69.4M0.03%+734,342New
Wedge Capital Management L L P722,792$68.3M1.23%−15,736−2.1%Reduced