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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 2025

Institutional positions in Fortinet, Inc. as of Mar 31, 2025. 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
1,357
+80 vs. Q4 2024
Shares held
513.3M
+7.85M (+1.6%) vs. Q4 2024
Total value
$49.3B
+$1.58B (+3.3%) vs. Q4 2024
New holders
182
540 more added
Sold out
102
449 more reduced

20 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 1,357 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 2025: $49.3B
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 2025

Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q4 2024.

Institutions holding FTNT in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Leuthold Group, LLC62,729$6.04M0.78%−4,326−6.5%Reduced
Colony Group, LLC63,612$6.12M0.02%+21,916+52.6%Added
Parsons Capital Management Inc63,873$6.15M0.34%−2,395−3.6%Reduced
Jackson Wealth Management, LLC64,909$6.25M0.76%+14,833+29.6%Added
Verition Fund Management LLC65,037$6.26M0.04%+31,762+95.5%Added
Pathstone Holdings, LLC65,542$6.31M0.03%+3,768+6.1%Added
Sendero Wealth Management, LLC65,601$6.31M0.88%+9,728+17.4%Added
Captrust Financial Advisors66,569$6.41M0.02%+8,810+15.3%Added
Fagan Associates, Inc.67,215$6.47M1.08%+8,650+14.8%Added
BNP Paribas66,986$6.48M0.27%−597−0.9%Reduced
PDT Partners, LLC67,514$6.50M0.46%−23,776−26.0%Reduced
Liberty Capital Management, Inc.68,204$6.57M1.46%+413+0.6%Added
YHB Investment Advisors, Inc.68,354$6.58M0.55%+2,557+3.9%Added
Ameritas Investment Partners, Inc.68,375$6.58M0.23%+1,113+1.7%Added
OP Asset Management Ltd68,509$6.59M0.11%+68,509New
CapWealth Advisors, LLC68,635$6.61M0.72%+68,635New
Twin Tree Management, LP68,864$6.63M0.15%+68,864New
Swiss Life Asset Management Ltd68,922$6.63M0.05%−11,398−14.2%Reduced
Sage Mountain Advisors LLC68,946$6.64M0.49%+498+0.7%Added
Primecap Management Co69,450$6.69M0.01%00.0%Unchanged
Wealthfront Advisers LLC70,481$6.78M0.02%+12,734+22.1%Added
Wellington Management Group LLP70,513$6.79M0.00%−2,482−3.4%Reduced
Sienna Gestion72,680$6.80M0.56%−4,321−5.6%Reduced
Front Row Advisors LLC70,923$6.83M2.62%−1,420−2.0%Reduced
NWK Group, Inc.71,687$6.90M3.16%+71,687New
Aldebaran Financial Inc.72,488$6.98M8.53%−955−1.3%Reduced
Neuberger Berman Group LLC72,966$7.02M0.01%+4,129+6.0%Added
Geneos Wealth Management Inc.73,186$7.04M0.24%+21,177+40.7%Added
S&T Bank73,403$7.07M2.31%−2,966−3.9%Reduced
Integrated Advisors Network LLC73,697$7.09M0.36%−5,990−7.5%Reduced
Oak Ridge Investments LLC74,198$7.14M0.59%−54,055−42.1%Reduced
State of Alaska, Department of Revenue74,551$7.18M0.08%+2,020+2.8%Added
Nia Impact Advisors, LLC74,676$7.19M2.67%−1,513−2.0%Reduced
Advisory Services Network, LLC75,261$7.24M0.14%−3,060−3.9%Reduced
Slow Capital, Inc.76,284$7.34M0.98%+75+0.1%Added
IFP Advisors, Inc76,325$7.35M0.23%+16,493+27.6%Added
CIBC World Markets Corp77,431$7.45M0.06%−40,557−34.4%Reduced
Banque Cantonale Vaudoise77,445$7.46M0.33%+77,445New
Umb Bank N A77,854$7.49M0.12%+32,795+72.8%Added
Oddo BHF Asset Management SAS78,002$7.51M0.31%−2,149−2.7%Reduced
Trexquant Investment LP78,022$7.51M0.09%−505,754−86.6%Reduced
CWM Advisors, LLC79,129$7.62M0.91%+8,292+11.7%Added
First Foundation Advisors80,976$7.79M0.32%+4,935+6.5%Added
IMC-Chicago, LLC81,412$7.84M0.30%+81,412New
Janus Henderson Group PLC81,167$7.84M0.00%+1,303+1.6%Added
Foster Victor Wealth Advisors, LLC82,198$8.03M0.65%+347+0.4%Added
Yousif Capital Management, LLC84,186$8.10M0.09%−355−0.4%Reduced
Bristlecone Advisors, LLC84,358$8.12M0.66%−2,158−2.5%Reduced
Ravenstone Capital Management Inc.85,150$8.20M4.77%−11,630−12.0%Reduced
Carderock Capital Management Inc85,569$8.24M2.18%−4,214−4.7%Reduced
Baader Bank INC86,861$8.35M0.84%−7,380−7.8%Reduced
O'Shaughnessy Asset Management, LLC86,823$8.36M0.07%+22,342+34.6%Added
Rakuten Investment Management, Inc.86,658$8.37M0.04%+86,658New
Assetmark, Inc87,740$8.45M0.02%−9,173−9.5%Reduced
Public Employees Retirement Association of Colorado88,871$8.55M0.04%−95−0.1%Reduced
LVM Capital Management Ltd89,214$8.59M0.96%−613−0.7%Reduced
Congress Wealth Management LLC88,171$8.62M0.10%−3,159−3.5%Reduced
Private Wealth Partners, LLC90,000$8.66M0.72%00.0%Unchanged
Louisiana State Employees Retirement System90,400$8.70M0.17%+200+0.2%Added
TrimTabs Asset Management, LLC91,938$8.85M1.39%+1,371+1.5%Added
Police & Firemen's Retirement System of New Jersey92,057$8.86M0.09%+489+0.5%Added
MML Investors Services, LLC93,084$8.96M0.03%+15,297+19.7%Added
Palmer Knight Co93,632$9.01M4.38%−1,460−1.5%Reduced
New York Life Investment Management LLC93,694$9.02M0.09%−351−0.4%Reduced
Terry L. Blaker93,989$9.05M0.36%+1,443+1.6%Added
Public Sector Pension Investment Board96,977$9.34M0.04%+6,586+7.3%Added
Moran Wealth Management, LLC97,778$9.41M0.32%+97,778New
Modera Wealth Management, LLC99,010$9.53M0.13%−2,608−2.6%Reduced
Arohi Asset Management PTE Ltd.99,852$9.61M3.23%00.0%Unchanged
USS Investment Management Ltd101,719$9.79M0.07%00.0%Unchanged
JustInvest LLC101,953$9.81M0.14%+15,380+17.8%Added
Advisor Group Holdings, Inc.102,871$9.90M0.02%−3,544−3.3%Reduced
iA Global Asset Management Inc.102,948$9.91M0.17%−11,828−10.3%Reduced
Mutual of America Capital Management LLC103,514$9.96M0.11%−3,210−3.0%Reduced
Utah Retirement Systems104,560$10.1M0.12%00.0%Unchanged
Jacobs Levy Equity Management, Inc104,685$10.1M0.04%+16,359+18.5%Added
Ilmarinen Mutual Pension Insurance Co105,000$10.1M0.09%−30,000−22.2%Reduced
Federation des caisses Desjardins du Quebec105,195$10.1M0.05%+8,890+9.2%Added
Elo Mutual Pension Insurance Co105,678$10.2M0.23%+38,412+57.1%Added
SG Americas Securities, LLC106,211$10.2M0.03%−15,121−12.5%Reduced
Brown Advisory Inc106,280$10.2M0.01%+2,544+2.5%Added
ExodusPoint Capital Management, LP107,910$10.4M0.14%+82,935+332.1%Added
Knuff & Co LLC109,115$10.5M3.53%−10,435−8.7%Reduced
Varma Mutual Pension Insurance Co109,600$10.6M0.09%−9,400−7.9%Reduced
Gamco Investors, Inc. Et Al109,920$10.6M0.12%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.111,556$10.7M0.04%−87,357−43.9%Reduced
Quantinno Capital Management LP113,787$11.0M0.07%+52,428+85.4%Added
Epoch Investment Partners, Inc.115,267$11.1M0.06%+115,267New
Weatherly Asset Management L. P.115,906$11.2M1.00%−240−0.2%Reduced
DnB Asset Management AS116,262$11.2M0.05%−1,767−1.5%Reduced
Scotia Capital Inc.120,789$11.6M0.06%−290−0.2%Reduced
Sanibel Captiva Trust Company, Inc.121,523$11.7M0.38%−3,877−3.1%Reduced
Janney Montgomery Scott LLC121,647$11.7M0.03%−13,033−9.7%Reduced
Oversea-Chinese Banking CORP Ltd121,868$11.7M0.34%−24,841−16.9%Reduced
Illinois Municipal Retirement Fund122,233$11.8M0.17%−46,092−27.4%Reduced
Susquehanna International Group, LLP122,298$11.8M0.02%−114,695−48.4%Reduced
IFM Investors Pty Ltd122,849$11.8M0.13%−1,096−0.9%Reduced
Jump Financial, LLC123,622$11.9M0.18%−46,345−27.3%Reduced
British Columbia Investment Management Corp124,602$12.0M0.07%+101+0.1%Added
Fulcrum Capital LLC128,494$12.4M2.74%+2,474+2.0%Added