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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
Bank of Montreal1,656,285$159.4M0.09%−211,274−11.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,705,200$164.1M0.12%+154,467+10.0%Added
Franklin Resources Inc1,716,502$165.2M0.05%+717,876+71.9%Added
Millennium Management LLC1,756,226$169.1M0.16%−61,861−3.4%Reduced
Allianz Asset Management GmbH1,819,352$175.1M0.26%+225,366+14.1%Added
Swiss National Bank1,837,500$176.9M0.12%+8000.0%Added
Bridgewater Associates, LP1,978,560$190.5M0.88%+1,044,866+111.9%Added
Los Angeles Capital Management LLC2,020,203$194.5M0.86%−899,749−30.8%Reduced
California Public Employees Retirement System2,072,182$199.5M0.14%+328,611+18.8%Added
National Pension Service2,072,848$199.5M0.19%+113,001+5.8%Added
Two Sigma Investments, LP2,098,119$202.0M0.44%−65,688−3.0%Reduced
Federated Hermes, Inc.2,211,113$212.8M0.46%+804,373+57.2%Added
Voya Investment Management LLC2,223,642$214.0M0.24%+78,012+3.6%Added
Citigroup Inc2,420,859$233.0M0.18%+1,072,062+79.5%Added
DSM Capital Partners LLC2,450,338$235.9M4.12%+19,174+0.8%Added
Sarasin & Partners LLP2,494,132$240.1M2.60%+542,898+27.8%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main2,515,223$242.1M0.28%+2,495,357+12,560.9%Added
Fundsmith Investment Services Ltd.2,545,310$245.0M3.46%−4,324−0.2%Reduced
D. E. Shaw & Co., Inc.2,581,324$248.5M0.29%−1,797,545−41.1%Reduced
BNP Paribas Arbitrage, SA2,611,110$251.3M0.19%+33,027+1.3%Added
Robeco Institutional Asset Management B.V.2,678,403$257.8M0.50%−457,562−14.6%Reduced
Dimensional Fund Advisors LP2,784,746$268.0M0.07%+173,285+6.6%Added
Acadian Asset Management LLC2,798,551$269.4M0.76%−92,944−3.2%Reduced
Pictet Asset Management Holding SA3,072,639$295.8M0.33%+181,654+6.3%Added
JPMorgan Chase & Co3,132,832$301.6M0.02%+570,447+22.3%Added
Bank of America Corp3,316,184$319.2M0.03%+719,522+27.7%Added
Van Eck Associates Corp3,267,319$321.0M0.41%−2090.0%Reduced
Renaissance Technologies LLC3,434,351$330.6M0.50%−1,186,859−25.7%Reduced
Qube Research & Technologies Ltd3,552,787$342.0M0.53%+450,656+14.5%Added
Ameriprise Financial Inc3,613,201$347.8M0.09%+8,802+0.2%Added
UBS Group AG3,703,067$356.5M0.08%−228,012−5.8%Reduced
Charles Schwab Investment Management Inc4,151,597$399.6M0.07%+176,972+4.5%Added
Deutsche Bank AG4,464,326$429.7M0.17%+229,838+5.4%Added
Two Sigma Advisers, LP4,485,320$431.8M0.97%−176,600−3.8%Reduced
Goldman Sachs Group Inc4,721,459$454.5M0.09%−59,282−1.2%Reduced
Bessemer Group Inc4,839,274$465.8M0.84%−67,165−1.4%Reduced
First Trust Advisors LP5,077,121$488.7M0.43%−32,806−0.6%Reduced
Barclays PLC5,261,228$506.4M0.23%−672,030−11.3%Reduced
Legal & General Group Plc5,452,563$524.9M0.14%−347,672−6.0%Reduced
Amundi6,211,739$555.6M0.20%−365,728−5.6%Reduced
AQR Capital Management LLC5,971,648$561.2M0.58%+1,733,670+40.9%Added
Northern Trust Corp6,519,558$627.6M0.09%+49,238+0.8%Added
Nordea Investment Management AB6,868,076$650.1M0.69%−591,200−7.9%Reduced
UBS Asset Management Americas Inc7,016,467$675.4M0.17%+1,026,277+17.1%Added
Price T Rowe Associates Inc7,734,233$744.5M0.09%−3,463,766−30.9%Reduced
FMR LLC7,865,665$757.1M0.05%+1,333,960+20.4%Added
Arrowstreet Capital, Limited Partnership7,961,605$766.4M0.62%+339,352+4.5%Added
Fundsmith LLPSuperinvestorFundsmith8,523,040$820.4M3.73%−7,383−0.1%Reduced
Invesco Ltd.8,570,528$825.0M0.16%+181,835+2.2%Added
Morgan Stanley9,828,841$946.1M0.07%−1,172,425−10.7%Reduced
Norges Bank11,782,652$1.13B0.16%+4,119,144+53.8%Added
Bank of New York Mellon Corp15,245,987$1.47B0.29%−707,411−4.4%Reduced
Geode Capital Management, LLC16,088,405$1.55B0.12%+817,492+5.4%Added
State Street Corp28,320,693$2.73B0.11%+91,231+0.3%Added
BlackRock, Inc.58,616,240$5.64B0.12%+1,985,703+3.5%Added
Vanguard Group Inc71,662,404$6.90B0.12%+3,546,934+5.2%Added
Transamerica Financial Advisors, Inc.3––00.0%Unchanged
HRT Financial LP0$00.00%−319,655−100.0%Sold out
Lord, Abbett & Co. LLC0$00.00%−250,000−100.0%Sold out
Simplex Trading, LLC0$00.00%−222,215−100.0%Sold out
Retirement Systems of Alabama0$00.00%−137,734−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−56,992−100.0%Sold out
Decker Retirement Planning Inc.0$00.00%−50,980−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−32,657−100.0%Sold out
Cooper Financial Group0$00.00%−32,333−100.0%Sold out
Teza Capital Management LLC0$00.00%−29,555−100.0%Sold out
Camarda Financial Advisors, LLC0$00.00%−27,374−100.0%Sold out
Retireful, LLC0$00.00%−25,279−100.0%Sold out
Fortis Group Advisors, LLC0$00.00%−24,068−100.0%Sold out
Milestone Asset Management, LLC0$00.00%−17,890−100.0%Sold out
Caption Management, LLC0$00.00%−17,300−100.0%Sold out
Alpha DNA Investment Management LLC0$00.00%−12,904−100.0%Sold out
Liontrust Investment Partners LLP0$00.00%−12,495−100.0%Sold out
Myriad Asset Management US LP0$00.00%−11,671−100.0%Sold out
Symphony Financial, Ltd. Co.0$00.00%−10,803−100.0%Sold out
Canada Post Corp Registered Pension Plan0$00.00%−10,340−100.0%Sold out
Mangrove Partners0$00.00%−9,297−100.0%Sold out
Prasad Wealth Partners, LLC0$00.00%−8,842−100.0%Sold out
Catalyst Funds Management Pty Ltd0$00.00%−8,800−100.0%Sold out
Cypress Capital Group0$00.00%−8,770−100.0%Sold out
Bleakley Financial Group, LLC0$00.00%−8,659−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−8,492−100.0%Sold out
Net Worth Advisory Group0$00.00%−8,344−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−7,676−100.0%Sold out
U S Wealth Group, LLC.0$00.00%−7,534−100.0%Sold out
Harbor Capital Advisors, Inc.0$00.00%−7,262−100.0%Sold out
First Hawaiian Bank0$00.00%−7,096−100.0%Sold out
Q3 Asset Management0$00.00%−5,843−100.0%Sold out
DRW Securities, LLC0$00.00%−5,736−100.0%Sold out
Inceptionr LLC0$00.00%−5,684−100.0%Sold out
National Wealth Management Group, LLC0$00.00%−5,610−100.0%Sold out
OneAscent Financial Services LLC0$00.00%−5,018−100.0%Sold out
Flow Traders U.S. LLC0$00.00%−4,891−100.0%Sold out
Asahi Life Asset Management Co., Ltd.0$00.00%−4,800−100.0%Sold out
Fedenia Advisers LLC0$00.00%−4,535−100.0%Sold out
Western Wealth Management, LLC0$00.00%−4,516−100.0%Sold out
Prosperity Wealth Management, Inc.0$00.00%−4,235−100.0%Sold out
Three Seasons Wealth, LLC0$00.00%−4,123−100.0%Sold out
Callan Family Office, LLC0$00.00%−3,848−100.0%Sold out
American Trust0$00.00%−3,828−100.0%Sold out