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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, Q2 2025

Institutional positions in Fortinet, Inc. as of Jun 30, 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
1,385
+47 vs. Q1 2025
Shares held
517.1M
+4.90M (+1.0%) vs. Q1 2025
Total value
$54.6B
+$5.36B (+10.9%) vs. Q1 2025
New holders
163
569 more added
Sold out
116
456 more reduced

19 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 1,385 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 heldQ2 2025: $54.6B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q1 2025.

Institutions holding FTNT in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc72,686,920$7.68B0.12%+1,024,516+1.4%Added
BlackRock, Inc.63,864,600$6.75B0.13%+5,248,360+9.0%Added
State Street Corp29,183,161$3.09B0.12%+862,468+3.0%Added
Geode Capital Management, LLC16,916,974$1.78B0.12%+828,569+5.2%Added
Norges Bank15,521,190$1.64B0.20%+3,738,538+31.7%Added
Bank of New York Mellon Corp14,556,712$1.54B0.29%−689,275−4.5%Reduced
Morgan Stanley9,370,789$990.7M0.06%−458,052−4.7%Reduced
Invesco Ltd.9,248,182$977.7M0.17%+677,654+7.9%Added
Fundsmith LLPSuperinvestorFundsmith8,418,362$890.0M3.87%−104,678−1.2%Reduced
Price T Rowe Associates Inc8,099,888$856.3M0.10%+365,655+4.7%Added
FMR LLC8,044,824$850.5M0.05%+179,159+2.3%Added
Arrowstreet Capital, Limited Partnership7,201,924$761.4M0.54%−759,681−9.5%Reduced
UBS Asset Management Americas Inc7,148,244$755.7M0.15%+131,777+1.9%Added
Northern Trust Corp6,916,512$731.2M0.10%+396,954+6.1%Added
Nordea Investment Management AB6,726,135$706.0M0.65%−141,941−2.1%Reduced
AQR Capital Management LLC6,053,669$634.3M0.52%+82,021+1.4%Added
Legal & General Group Plc5,842,022$617.6M0.15%+389,459+7.1%Added
First Trust Advisors LP5,785,629$611.7M0.49%+708,508+14.0%Added
Bessemer Group Inc4,750,469$502.2M0.82%−88,805−1.8%Reduced
Barclays PLC4,669,280$493.6M0.20%−591,948−11.3%Reduced
Goldman Sachs Group Inc4,605,743$486.9M0.08%−115,716−2.5%Reduced
Charles Schwab Investment Management Inc4,241,506$448.4M0.08%+89,909+2.2%Added
Deutsche Bank AG4,201,557$444.2M0.16%−262,769−5.9%Reduced
Ameriprise Financial Inc4,190,449$437.0M0.11%+577,248+16.0%Added
Swedbank AB3,824,384$404.3M0.45%+3,824,384New
Bank of America Corp3,635,214$384.3M0.03%+319,030+9.6%Added
JPMorgan Chase & Co3,472,873$367.2M0.03%+340,041+10.9%Added
Van Eck Associates Corp3,432,449$362.9M0.41%+165,130+5.1%Added
Amundi3,374,099$344.9M0.12%−2,837,640−45.7%Reduced
UBS Group AG3,256,430$344.3M0.07%−446,637−12.1%Reduced
Bridgewater Associates, LP3,174,164$335.6M1.35%+1,195,604+60.4%Added
Dimensional Fund Advisors LP2,987,441$315.8M0.07%+202,695+7.3%Added
Pictet Asset Management Holding SA2,921,170$308.7M0.31%−151,469−4.9%Reduced
Sarasin & Partners LLP2,808,725$296.9M2.96%+314,593+12.6%Added
Acadian Asset Management LLC2,728,580$288.4M0.60%−69,971−2.5%Reduced
Robeco Institutional Asset Management B.V.2,561,339$270.8M0.44%−117,064−4.4%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main2,552,856$269.9M0.28%+37,633+1.5%Added
DSM Capital Partners LLC2,528,477$267.3M3.95%+78,139+3.2%Added
Fundsmith Investment Services Ltd.2,510,438$265.4M3.59%−34,872−1.4%Reduced
Royal Bank of Canada2,427,741$256.7M0.05%+1,102,373+83.2%Added
Allianz Asset Management GmbH2,410,763$254.9M0.34%+591,411+32.5%Added
Citigroup Inc2,371,887$250.8M0.17%−48,972−2.0%Reduced
Federated Hermes, Inc.2,309,054$244.1M0.46%+97,941+4.4%Added
National Pension Service2,172,337$229.7M0.20%+99,489+4.8%Added
California Public Employees Retirement System2,142,153$226.5M0.14%+69,971+3.4%Added
Franklin Resources Inc2,087,192$220.7M0.06%+370,690+21.6%Added
Renaissance Technologies LLC2,060,851$217.9M0.29%−1,373,500−40.0%Reduced
Swiss National Bank1,979,100$209.2M0.13%+141,600+7.7%Added
Jacobs Levy Equity Management, Inc1,851,505$195.7M0.77%+1,746,820+1,668.6%Added
Two Sigma Advisers, LP1,834,320$193.9M0.40%−2,651,000−59.1%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,766,816$186.8M0.12%+61,616+3.6%Added
Qube Research & Technologies Ltd1,701,234$179.9M0.25%−1,851,553−52.1%Reduced
Nuveen, LLC1,684,961$178.1M0.05%+89,529+5.6%Added
Voya Investment Management LLC1,651,376$174.6M0.17%−572,266−25.7%Reduced
Victory Capital Management Inc1,561,399$165.1M0.11%+124,145+8.6%Added
Bank of Montreal1,556,188$160.5M0.08%−100,097−6.0%Reduced
Man Group plc1,478,148$156.3M0.34%+390,793+35.9%Added
Mirae Asset Global ETFs Holdings Ltd.1,476,665$156.1M0.30%−59,684−3.9%Reduced
Thrivent Financial for Lutherans1,460,656$154.4M0.34%+208,985+16.7%Added
CCLA Investment Management Ltd1,455,935$153.9M2.52%+90,491+6.6%Added
Los Angeles Capital Management LLC1,364,360$144.2M0.54%−655,843−32.5%Reduced
Caisse de Depot Et Placement du Quebec1,341,067$141.8M0.30%+195,496+17.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,305,352$137.8M0.34%+82,937+6.8%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,296,876$137.1M0.11%+85,138+7.0%Added
HSBC Holdings PLC1,256,474$132.8M0.09%−73,032−5.5%Reduced
BNP Paribas Arbitrage, SA1,237,060$130.8M0.10%−1,374,050−52.6%Reduced
National Bank of Canada1,234,333$130.5M0.14%+609,118+97.4%Added
TD Asset Management Inc1,202,124$127.1M0.11%+193,055+19.1%Added
ProShare Advisors LLC1,197,737$126.6M0.25%+60,162+5.3%Added
Rhumbline Advisers1,195,079$126.3M0.11%−71,047−5.6%Reduced
Mitsubishi UFJ Trust & Banking Corp1,158,646$122.5M0.28%+788,436+213.0%Added
AustralianSuper Pty Ltd1,133,747$119.9M0.61%−362,592−24.2%Reduced
Russell Investments Group, Ltd.1,123,224$118.3M0.15%+40,236+3.7%Added
Penserra Capital Management LLC1,109,278$117.3M1.64%+84,507+8.2%Added
Vident Advisory, LLC1,104,957$116.8M1.31%+263,022+31.2%Added
Universal- Beteiligungs- und Servicegesellschaft mbH1,054,035$111.4M0.20%+248,931+30.9%Added
Empower Advisory Group, LLC1,026,401$108.5M0.32%+7,793+0.8%Added
Montrusco Bolton Investments Inc.1,022,096$108.1M1.20%+1,022,096New
American Capital Management Inc1,011,471$106.9M4.44%−275,249−21.4%Reduced
California State Teachers Retirement System996,223$105.3M0.12%−5,785−0.6%Reduced
Royal London Asset Management Ltd982,106$103.8M0.24%+73,672+8.1%Added
D. E. Shaw & Co., Inc.968,159$102.4M0.10%−1,613,165−62.5%Reduced
Clearbridge Investments, LLC967,169$102.2M0.08%−48,875−4.8%Reduced
Fiera Capital Corp936,539$99.0M0.34%+27,824+3.1%Added
Skandinaviska Enskilda Banken AB (publ)936,399$99.0M0.43%+57,340+6.5%Added
Wells Fargo & Company935,175$98.9M0.02%+158,163+20.4%Added
Stifel Financial Corp852,718$90.1M0.09%−7,583−0.9%Reduced
New York State Common Retirement Fund829,857$87.7M0.12%+1,000+0.1%Added
Great West Life Assurance Co815,534$86.3M0.14%+37,268+4.8%Added
Principal Financial Group Inc801,272$84.7M0.04%+51,657+6.9%Added
Alliancebernstein L.P.792,664$83.8M0.03%−231,255−22.6%Reduced
Intech Investment Management LLC763,345$80.7M0.76%+196,325+34.6%Added
Zurcher Kantonalbank (Zurich Cantonalbank)755,389$79.9M0.20%−67,610−8.2%Reduced
Aware Super Pty Ltd as trustee of Aware Super782,771$79.2M1.16%+372,376+90.7%Added
American Century Companies Inc743,957$78.7M0.04%−102,694−12.1%Reduced
Ensign Peak Advisors, Inc718,873$76.0M0.13%+104,866+17.1%Added
Ossiam698,215$73.8M0.83%+68,826+10.9%Added
Danske Bank A/S696,802$73.7M0.18%+171,848+32.7%Added
KBC Group NV692,308$73.2M0.20%+378,131+120.4%Added
Envestnet Asset Management Inc648,605$68.6M0.02%+44,216+7.3%Added