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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
Resona Asset Management Co.,Ltd.208,112$20.0M0.12%+15,486+8.0%Added
Daiwa Securities Group Inc.206,828$19.9M0.08%+39,120+23.3%Added
Nisa Investment Advisors, LLC202,929$19.5M0.10%+42,448+26.5%Added
Engineers Gate Manager LP202,168$19.5M0.33%+47,684+30.9%Added
Blair William & Co201,587$19.4M0.06%−11,683−5.5%Reduced
Banco Santander, S.A.200,886$19.3M0.21%+14,417+7.7%Added
Mediolanum International Funds Ltd199,685$19.3M0.27%−53,572−21.2%Reduced
Old National Bancorp198,635$19.1M0.50%−420.0%Reduced
Mackenzie Financial Corp197,082$19.0M0.03%+58,255+42.0%Added
Peapack Gladstone Financial Corp194,609$18.7M0.28%−968−0.5%Reduced
Baird Financial Group, Inc.194,180$18.7M0.04%−3,043−1.5%Reduced
Forsta Ap-Fonden192,800$18.6M0.14%+56,800+41.8%Added
Arizona State Retirement System191,050$18.4M0.12%+4,479+2.4%Added
First Horizon Advisors, Inc.190,797$18.4M0.52%−16,590−8.0%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund188,580$18.2M0.22%+51,400+37.5%Added
MetLife Investment Management187,555$18.1M0.10%−3,431−1.8%Reduced
Barlow Wealth Partners, Inc.177,055$18.0M2.37%+2,078+1.2%Added
Nissay Asset Management Corp174,130$16.8M0.11%+17,298+11.0%Added
State of Michigan Retirement System172,570$16.6M0.10%−100−0.1%Reduced
Shelton Capital Management171,605$16.5M0.39%−45,912−21.1%Reduced
Wilkins Investment Counsel Inc168,686$16.2M2.33%−9,882−5.5%Reduced
Cookson Peirce & Co Inc167,542$16.1M0.81%+131,037+359.0%Added
PGGM Investments166,464$16.0M0.22%+23,689+16.6%Added
Erste Asset Management GmbH158,510$15.4M0.20%+130,310+462.1%Added
Comerica Bank158,812$15.3M0.06%−7,665−4.6%Reduced
Commonwealth Equity Services, LLC158,670$15.3M0.02%−44,155−21.8%Reduced
Merit Financial Group, LLC158,634$15.3M0.23%+19,315+13.9%Added
Fuller & Thaler Asset Management, Inc.157,187$15.1M0.06%+65,357+71.2%Added
Gotham Asset Management, LLC156,194$15.0M0.13%+74,708+91.7%Added
Cetera Investment Advisers153,794$14.8M0.03%+153,794New
STRS Ohio151,954$14.6M0.06%+9,124+6.4%Added
Nutshell Asset Management Ltd149,769$14.4M7.51%+46,835+45.5%Added
GF Fund Management Co. Ltd.147,870$14.2M0.33%+2,610+1.8%Added
Czech National Bank146,115$14.1M0.13%+8,183+5.9%Added
Baltimore-Washington Financial Advisors, Inc.145,916$14.0M0.75%+79,869+120.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys145,481$14.0M0.08%+10,215+7.6%Added
LGT Fund Management Co Ltd.143,187$13.8M1.24%−3,128−2.1%Reduced
Stephens Investment Management Group LLC142,562$13.7M0.20%+10,143+7.7%Added
Kodai Capital Management LP141,581$13.6M0.54%+141,581New
TD Waterhouse Canada Inc.140,488$13.6M0.11%+56,475+67.2%Added
Xponance, Inc.139,386$13.4M0.13%−10,627−7.1%Reduced
Castellan Group, LLC138,768$13.4M3.74%+51,560+59.1%Added
Prudential PLC138,454$13.3M0.07%+112,703+437.7%Added
CI Private Wealth, LLC138,331$13.3M0.02%+4,144+3.1%Added
Delta Global Management LP138,102$13.3M0.96%−358,412−72.2%Reduced
Callahan Advisors, LLC136,496$13.1M1.25%−3,145−2.3%Reduced
Amalgamated Bank135,973$13.1M0.11%+1,985+1.5%Added
Pine Valley Investments Ltd Liability Co135,540$13.0M0.84%+12,327+10.0%Added
CWM, LLC133,194$12.8M0.05%+40,395+43.5%Added
UniSuper Management Pty Ltd131,609$12.7M0.09%+5,845+4.6%Added
Wealth Enhancement Advisory Services, LLC131,411$12.6M0.02%+38,080+40.8%Added
Warther Private Wealth, LLC130,410$12.6M4.18%+22,110+20.4%Added
Willis Investment Counsel129,261$12.4M0.84%+370+0.3%Added
Quantbot Technologies LP128,955$12.4M0.40%−33,772−20.8%Reduced
Peak Asset Management, LLC128,821$12.4M2.36%−1,155−0.9%Reduced
NEOS Investment Management LLC128,566$12.4M0.23%+38,825+43.3%Added
Fulcrum Capital LLC128,494$12.4M2.74%+2,474+2.0%Added
British Columbia Investment Management Corp124,602$12.0M0.07%+101+0.1%Added
Jump Financial, LLC123,622$11.9M0.18%−46,345−27.3%Reduced
IFM Investors Pty Ltd122,849$11.8M0.13%−1,096−0.9%Reduced
Susquehanna International Group, LLP122,298$11.8M0.02%−114,695−48.4%Reduced
Illinois Municipal Retirement Fund122,233$11.8M0.17%−46,092−27.4%Reduced
Oversea-Chinese Banking CORP Ltd121,868$11.7M0.34%−24,841−16.9%Reduced
Janney Montgomery Scott LLC121,647$11.7M0.03%−13,033−9.7%Reduced
Sanibel Captiva Trust Company, Inc.121,523$11.7M0.38%−3,877−3.1%Reduced
Scotia Capital Inc.120,789$11.6M0.06%−290−0.2%Reduced
DnB Asset Management AS116,262$11.2M0.05%−1,767−1.5%Reduced
Weatherly Asset Management L. P.115,906$11.2M1.00%−240−0.2%Reduced
Epoch Investment Partners, Inc.115,267$11.1M0.06%+115,267New
Quantinno Capital Management LP113,787$11.0M0.07%+52,428+85.4%Added
Cambridge Investment Research Advisors, Inc.111,556$10.7M0.04%−87,357−43.9%Reduced
Gamco Investors, Inc. Et Al109,920$10.6M0.12%00.0%Unchanged
Varma Mutual Pension Insurance Co109,600$10.6M0.09%−9,400−7.9%Reduced
Knuff & Co LLC109,115$10.5M3.53%−10,435−8.7%Reduced
ExodusPoint Capital Management, LP107,910$10.4M0.14%+82,935+332.1%Added
Brown Advisory Inc106,280$10.2M0.01%+2,544+2.5%Added
SG Americas Securities, LLC106,211$10.2M0.03%−15,121−12.5%Reduced
Elo Mutual Pension Insurance Co105,678$10.2M0.23%+38,412+57.1%Added
Federation des caisses Desjardins du Quebec105,195$10.1M0.05%+8,890+9.2%Added
Ilmarinen Mutual Pension Insurance Co105,000$10.1M0.09%−30,000−22.2%Reduced
Jacobs Levy Equity Management, Inc104,685$10.1M0.04%+16,359+18.5%Added
Utah Retirement Systems104,560$10.1M0.12%00.0%Unchanged
Mutual of America Capital Management LLC103,514$9.96M0.11%−3,210−3.0%Reduced
iA Global Asset Management Inc.102,948$9.91M0.17%−11,828−10.3%Reduced
Advisor Group Holdings, Inc.102,871$9.90M0.02%−3,544−3.3%Reduced
JustInvest LLC101,953$9.81M0.14%+15,380+17.8%Added
USS Investment Management Ltd101,719$9.79M0.07%00.0%Unchanged
Arohi Asset Management PTE Ltd.99,852$9.61M3.23%00.0%Unchanged
Modera Wealth Management, LLC99,010$9.53M0.13%−2,608−2.6%Reduced
Moran Wealth Management, LLC97,778$9.41M0.32%+97,778New
Public Sector Pension Investment Board96,977$9.34M0.04%+6,586+7.3%Added
Terry L. Blaker93,989$9.05M0.36%+1,443+1.6%Added
New York Life Investment Management LLC93,694$9.02M0.09%−351−0.4%Reduced
Palmer Knight Co93,632$9.01M4.38%−1,460−1.5%Reduced
MML Investors Services, LLC93,084$8.96M0.03%+15,297+19.7%Added
Police & Firemen's Retirement System of New Jersey92,057$8.86M0.09%+489+0.5%Added
TrimTabs Asset Management, LLC91,938$8.85M1.39%+1,371+1.5%Added
Louisiana State Employees Retirement System90,400$8.70M0.17%+200+0.2%Added
Private Wealth Partners, LLC90,000$8.66M0.72%00.0%Unchanged
Congress Wealth Management LLC88,171$8.62M0.10%−3,159−3.5%Reduced