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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
NEOS Investment Management LLC128,566$12.4M0.23%+38,825+43.3%Added
Peak Asset Management, LLC128,821$12.4M2.36%−1,155−0.9%Reduced
Quantbot Technologies LP128,955$12.4M0.40%−33,772−20.8%Reduced
Willis Investment Counsel129,261$12.4M0.84%+370+0.3%Added
Warther Private Wealth, LLC130,410$12.6M4.18%+22,110+20.4%Added
Wealth Enhancement Advisory Services, LLC131,411$12.6M0.02%+38,080+40.8%Added
UniSuper Management Pty Ltd131,609$12.7M0.09%+5,845+4.6%Added
CWM, LLC133,194$12.8M0.05%+40,395+43.5%Added
Pine Valley Investments Ltd Liability Co135,540$13.0M0.84%+12,327+10.0%Added
Amalgamated Bank135,973$13.1M0.11%+1,985+1.5%Added
Callahan Advisors, LLC136,496$13.1M1.25%−3,145−2.3%Reduced
Delta Global Management LP138,102$13.3M0.96%−358,412−72.2%Reduced
CI Private Wealth, LLC138,331$13.3M0.02%+4,144+3.1%Added
Prudential PLC138,454$13.3M0.07%+112,703+437.7%Added
Castellan Group, LLC138,768$13.4M3.74%+51,560+59.1%Added
Xponance, Inc.139,386$13.4M0.13%−10,627−7.1%Reduced
TD Waterhouse Canada Inc.140,488$13.6M0.11%+56,475+67.2%Added
Kodai Capital Management LP141,581$13.6M0.54%+141,581New
Stephens Investment Management Group LLC142,562$13.7M0.20%+10,143+7.7%Added
LGT Fund Management Co Ltd.143,187$13.8M1.24%−3,128−2.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys145,481$14.0M0.08%+10,215+7.6%Added
Baltimore-Washington Financial Advisors, Inc.145,916$14.0M0.75%+79,869+120.9%Added
Czech National Bank146,115$14.1M0.13%+8,183+5.9%Added
GF Fund Management Co. Ltd.147,870$14.2M0.33%+2,610+1.8%Added
Nutshell Asset Management Ltd149,769$14.4M7.51%+46,835+45.5%Added
STRS Ohio151,954$14.6M0.06%+9,124+6.4%Added
Cetera Investment Advisers153,794$14.8M0.03%+153,794New
Gotham Asset Management, LLC156,194$15.0M0.13%+74,708+91.7%Added
Fuller & Thaler Asset Management, Inc.157,187$15.1M0.06%+65,357+71.2%Added
Merit Financial Group, LLC158,634$15.3M0.23%+19,315+13.9%Added
Commonwealth Equity Services, LLC158,670$15.3M0.02%−44,155−21.8%Reduced
Comerica Bank158,812$15.3M0.06%−7,665−4.6%Reduced
Erste Asset Management GmbH158,510$15.4M0.20%+130,310+462.1%Added
PGGM Investments166,464$16.0M0.22%+23,689+16.6%Added
Cookson Peirce & Co Inc167,542$16.1M0.81%+131,037+359.0%Added
Wilkins Investment Counsel Inc168,686$16.2M2.33%−9,882−5.5%Reduced
Shelton Capital Management171,605$16.5M0.39%−45,912−21.1%Reduced
State of Michigan Retirement System172,570$16.6M0.10%−100−0.1%Reduced
Nissay Asset Management Corp174,130$16.8M0.11%+17,298+11.0%Added
Barlow Wealth Partners, Inc.177,055$18.0M2.37%+2,078+1.2%Added
MetLife Investment Management187,555$18.1M0.10%−3,431−1.8%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund188,580$18.2M0.22%+51,400+37.5%Added
First Horizon Advisors, Inc.190,797$18.4M0.52%−16,590−8.0%Reduced
Arizona State Retirement System191,050$18.4M0.12%+4,479+2.4%Added
Forsta Ap-Fonden192,800$18.6M0.14%+56,800+41.8%Added
Baird Financial Group, Inc.194,180$18.7M0.04%−3,043−1.5%Reduced
Peapack Gladstone Financial Corp194,609$18.7M0.28%−968−0.5%Reduced
Mackenzie Financial Corp197,082$19.0M0.03%+58,255+42.0%Added
Old National Bancorp198,635$19.1M0.50%−420.0%Reduced
Mediolanum International Funds Ltd199,685$19.3M0.27%−53,572−21.2%Reduced
Banco Santander, S.A.200,886$19.3M0.21%+14,417+7.7%Added
Blair William & Co201,587$19.4M0.06%−11,683−5.5%Reduced
Engineers Gate Manager LP202,168$19.5M0.33%+47,684+30.9%Added
Nisa Investment Advisors, LLC202,929$19.5M0.10%+42,448+26.5%Added
Daiwa Securities Group Inc.206,828$19.9M0.08%+39,120+23.3%Added
Resona Asset Management Co.,Ltd.208,112$20.0M0.12%+15,486+8.0%Added
Capital Fund Management S.A.210,514$20.3M0.26%−136,513−39.3%Reduced
Mariner, LLC212,407$20.4M0.03%+4,697+2.3%Added
Lansforsakringar Fondforvaltning AB (publ)215,996$20.8M0.13%−2,004−0.9%Reduced
US Bancorp216,746$20.9M0.03%−378−0.2%Reduced
Corebridge Financial, Inc.217,289$20.9M0.12%−3,871−1.8%Reduced
Macquarie Group Ltd217,337$20.9M0.03%−161,337−42.6%Reduced
Williams Jones Wealth Management, LLC.219,118$21.1M0.27%−6,878−3.0%Reduced
State of New Jersey Common Pension Fund D219,288$21.1M0.10%−20,716−8.6%Reduced
one8zero8, LLC220,330$21.2M5.01%−12,785−5.5%Reduced
State of Tennessee, Treasury Department222,867$21.5M0.08%−4,283−1.9%Reduced
Crossmark Global Holdings, Inc.223,252$21.5M0.38%+63,515+39.8%Added
Sumitomo Mitsui DS Asset Management Company, Ltd223,609$21.5M0.22%+5,228+2.4%Added
Handelsbanken Fonder AB228,917$22.0M0.09%−8,487−3.6%Reduced
CIBC Asset Management Inc232,727$22.4M0.07%+2,258+1.0%Added
Credit Agricole S A238,267$22.9M0.09%+4,327+1.8%Added
Mn Services Vermogensbeheer B.V.238,290$22.9M0.18%−18,400−7.2%Reduced
Candriam Luxembourg S.C.A.239,688$23.1M0.14%+181,434+311.5%Added
Lazard Asset Management LLC244,526$23.5M0.04%−41,890−14.6%Reduced
Zacks Investment Management246,067$23.7M0.22%+7,708+3.2%Added
Daymark Wealth Partners, LLC248,646$23.9M1.03%−523−0.2%Reduced
KLP Kapitalforvaltning AS251,800$24.2M0.12%+8,800+3.6%Added
Banco Bilbao Vizcaya Argentaria, S.A.252,106$24.3M0.24%−13,951−5.2%Reduced
DekaBank Deutsche Girozentrale253,910$24.3M0.05%+1040.0%Added
J. Safra Sarasin Holding AG265,220$25.5M0.46%−21,350−7.5%Reduced
Public Employees Retirement System of Ohio265,673$25.6M0.09%−4,598−1.7%Reduced
ING Groep NV267,208$25.7M0.18%−64,934−19.6%Reduced
Beacon Investment Advisory Services, Inc.269,420$25.9M1.21%+8,538+3.3%Added
Andra AP-fonden269,820$26.0M0.43%+69,220+34.5%Added
Davidson Investment Advisors270,697$26.1M1.29%+6,141+2.3%Added
Congress Asset Management Co272,422$26.2M0.20%−5,289−1.9%Reduced
HighTower Advisors, LLC275,658$26.5M0.04%+11,456+4.3%Added
Toronto Dominion Bank282,764$27.2M0.07%−99,002−25.9%Reduced
Mirae Asset Global Investments Co., Ltd.281,856$27.2M0.11%+45,557+19.3%Added
Woodstock Corp284,605$27.4M2.71%−5,576−1.9%Reduced
Creative Planning292,785$28.2M0.03%+51,386+21.3%Added
Bank Julius Baer & Co. Ltd, Zurich294,666$28.4M0.09%−80,414−21.4%Reduced
Natixis Advisors, L.P.301,483$29.0M0.05%+99,167+49.0%Added
Dixon Mitchell Investment Counsel Inc.302,586$29.1M1.31%+2,597+0.9%Added
Rafferty Asset Management, LLC304,348$29.3M0.12%−51,582−14.5%Reduced
KBC Group NV314,177$30.2M0.09%−133,687−29.8%Reduced
BI Asset Management Fondsmaeglerselskab A/S315,157$30.3M0.34%+18,791+6.3%Added
Pacer Advisors, Inc.315,408$30.4M0.07%+89,833+39.8%Added
Main Street Research LLC318,947$30.7M2.01%+318,947New
King Luther Capital Management Corp319,102$30.7M0.14%−4,173−1.3%Reduced