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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
South Dakota Investment Council14,851$1.40M0.03%−18,106−54.9%Reduced
USA Financial Portformulas Corp14,926$1.41M0.22%+14,926New
Raiffeisen Bank International AG14,879$1.42M0.02%+14,879New
Dai-Ichi Life Insurance Company, Ltd15,037$1.42M0.04%00.0%Unchanged
Birchbrook, Inc.15,078$1.42M0.81%−1,521−9.2%Reduced
Greenfield Savings Bank15,085$1.43M0.68%−513−3.3%Reduced
Adviser Investments LLC15,134$1.43M0.02%+10.0%Added
Boston Private Wealth LLC15,213$1.44M0.03%+15,213New
Legacy Advisors, LLC15,230$1.44M0.14%+390+2.6%Added
Wedbush Securities Inc15,241$1.44M0.05%−249−1.6%Reduced
Capital Analysts, LLC15,329$1.45M0.06%00.0%Unchanged
Cullen/Frost Bankers, Inc.15,454$1.46M0.02%+219+1.4%Added
Moneta Group Investment Advisors LLC15,561$1.47M0.02%+896+6.1%Added
DMG Group, LLC15,583$1.47M1.20%−40−0.3%Reduced
Leelyn Smith, LLC15,655$1.48M0.26%−112−0.7%Reduced
Sequoia Financial Advisors, LLC15,714$1.48M0.01%+3,659+30.4%Added
EP Wealth Advisors, LLC15,816$1.49M0.01%−2,938−15.7%Reduced
Sheets Smith Investment Management15,820$1.49M1.27%+15,820New
Signaturefd, LLC15,849$1.50M0.03%+177+1.1%Added
Exchange Capital Management, Inc.15,890$1.50M0.24%00.0%Unchanged
Alteri Wealth LLC15,903$1.50M0.42%+15,903New
Smith Group Asset Management, LLC15,935$1.51M0.11%+565+3.7%Added
JGP Wealth Management, LLC16,089$1.52M0.20%+54+0.3%Added
XTX Topco Ltd16,219$1.53M0.13%+9,738+150.3%Added
Fox Hill Wealth Management16,234$1.53M0.87%−24−0.1%Reduced
Massmutual Trust Co FSB16,273$1.54M0.04%+15,122+1,313.8%Added
Enclave Advisors LLC16,293$1.54M0.25%+7,030+75.9%Added
Enterprise Financial Services Corp16,366$1.55M0.86%−37−0.2%Reduced
Argonautica Private Wealth Management, Inc16,530$1.56M0.50%−16−0.1%Reduced
Financial Partners Group, LLC16,580$1.57M0.65%−3,893−19.0%Reduced
Strategy Asset Managers LLC16,597$1.57M0.30%−643−3.7%Reduced
United Capital Financial Advisers, LLC16,612$1.57M0.01%−335−2.0%Reduced
Lido Advisors, LLC16,659$1.57M0.01%−10,032−37.6%Reduced
Empirical Asset Management, LLC19,729$1.57M0.52%+19,729New
GAMMA Investing LLC16,836$1.59M0.14%+5,293+45.9%Added
Farther Finance Advisors, LLC17,004$1.61M0.06%+10,150+148.1%Added
Assenagon Asset Management S.A.17,062$1.61M0.00%+1,085+6.8%Added
Lombard Odier Asset Management (Switzerland) SA17,065$1.61M0.12%+1,910+12.6%Added
TRUE Private Wealth Advisors17,118$1.62M0.20%−200−1.2%Reduced
Renaissance Group LLC17,199$1.62M0.07%−648−3.6%Reduced
Caption Management, LLC17,300$1.63M0.07%−8,000−31.6%Reduced
Ostrum Asset Management17,306$1.64M0.14%+13,678+377.0%Added
Huntington National Bank17,355$1.64M0.01%+14,960+624.6%Added
Money Concepts Capital Corp17,701$1.67M0.12%+449+2.6%Added
Milestone Asset Management, LLC17,890$1.69M0.37%+17,890New
Johnson Investment Counsel Inc18,049$1.71M0.02%−96−0.5%Reduced
WD Rutherford LLC18,080$1.71M0.81%−24−0.1%Reduced
RSM US Wealth Management LLC18,043$1.71M0.02%−5,619−23.7%Reduced
Buckingham Strategic Partners18,146$1.71M0.03%+5,439+42.8%Added
Evergreen Private Wealth LLC18,209$1.72M0.81%+17,072+1,501.5%Added
Wiley Bros.-Aintree Capital, LLC17,632$1.72M0.02%+1,473+9.1%Added
Stone Run Capital, LLC18,300$1.73M0.68%+4,700+34.6%Added
Lion Street Advisors, LLC18,435$1.74M0.56%+4,160+29.1%Added
Caxton Associates LP18,664$1.76M0.06%+15,902+575.7%Added
Park Avenue Securities LLC18,886$1.78M0.02%+8,092+75.0%Added
Accurate Wealth Management, LLC19,188$1.81M0.35%+7,368+62.3%Added
Allstate Corp19,264$1.82M0.05%+19,264New
ORBA Wealth Advisors, L.L.C.19,503$1.84M0.96%00.0%Unchanged
First United Bank Trust19,560$1.85M0.67%−80−0.4%Reduced
Parallax Volatility Advisers, L.P.19,655$1.86M0.04%+19,655New
Howard Capital Management Inc.19,694$1.86M0.03%+589+3.1%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main19,866$1.88M0.00%+5,264+36.0%Added
Numerai GP LLC19,875$1.88M0.51%−608−3.0%Reduced
Phoenix Holdings Ltd.20,100$1.90M0.03%−13,659−40.5%Reduced
Bokf, NA20,172$1.91M0.03%−642−3.1%Reduced
Northwestern Mutual Investment Management Company, LLC20,199$1.91M0.04%+78+0.4%Added
GDS Wealth Management20,237$1.91M0.17%+14,512+253.5%Added
Fifth Third Bancorp20,328$1.92M0.01%−214−1.0%Reduced
InTrack Investment Management Inc20,790$1.92M1.34%−1,920−8.5%Reduced
APG Asset Management US Inc.20,467$1.93M0.01%+20,467New
Congress Park Capital LLC20,476$1.93M0.70%−260−1.3%Reduced
DB Fitzpatrick & Co, Inc20,537$1.94M1.78%−2,214−9.7%Reduced
Tokio Marine Asset Management Co Ltd20,589$1.95M0.07%+1,164+6.0%Added
Hudson Bay Capital Management LP21,129$2.00M0.01%+21,129New
Empirical Finance, LLC21,383$2.02M0.12%−274−1.3%Reduced
Gateway Investment Advisers LLC21,676$2.05M0.02%+10,052+86.5%Added
Churchill Management Corp21,679$2.05M0.02%−632−2.8%Reduced
Donoghue Forlines LLC21,791$2.06M0.69%+13,422+160.4%Added
E Fund Management Co., Ltd.22,171$2.09M0.11%+5,998+37.1%Added
Sterling Capital Management LLC22,259$2.10M0.03%+1,413+6.8%Added
Pitcairn Co22,531$2.13M0.13%−753−3.2%Reduced
Pallas Capital Advisors LLC22,692$2.14M0.09%+177+0.8%Added
Bangor Savings Bank22,980$2.17M0.20%−728−3.1%Reduced
111 Capital23,232$2.19M0.46%+23,232New
Patriot Financial Group Insurance Agency, LLC23,289$2.20M0.30%+1,213+5.5%Added
Private Advisor Group, LLC23,312$2.20M0.01%−922−3.8%Reduced
Perpetual Ltd23,353$2.21M0.03%−911−3.8%Reduced
Convergence Investment Partners, LLC23,371$2.21M0.49%+23,371New
Trilogy Capital Inc.23,499$2.22M0.11%+3,544+17.8%Added
AXS Investments LLC23,610$2.23M0.62%−2,391−9.2%Reduced
Stratos Wealth Advisors, LLC23,833$2.25M0.11%−47−0.2%Reduced
Diversified Trust Co23,852$2.25M0.05%+135+0.6%Added
Access Financial Services, Inc.23,992$2.27M1.01%−1,164−4.6%Reduced
Fortis Group Advisors, LLC24,068$2.27M0.42%−500−2.0%Reduced
CAPROCK Group, Inc.24,367$2.30M0.08%+24,367New
Advisors Asset Management, Inc.24,380$2.30M0.04%+4,800+24.5%Added
Cresset Asset Management, LLC24,678$2.33M0.01%−46,427−65.3%Reduced
Exchange Traded Concepts, LLC24,711$2.33M0.05%+5,845+31.0%Added
Balyasny Asset Management LLC24,799$2.34M0.01%+1,037+4.4%Added
ExodusPoint Capital Management, LP24,975$2.36M0.02%−192,204−88.5%Reduced