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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
Ravenstone Capital Management Inc.90,843$9.60M5.04%+5,693+6.7%Added
Terry L. Blaker91,635$9.69M0.37%−2,354−2.5%Reduced
Sawgrass Asset Management LLC93,670$9.90M1.13%+93,670New
O'Shaughnessy Asset Management, LLC94,924$10.0M0.07%+8,101+9.3%Added
New York Life Investment Management LLC95,006$10.0M0.09%+1,312+1.4%Added
Capital Impact Advisors, LLC95,253$10.1M3.03%+95,253New
Brown Advisory Inc95,981$10.1M0.01%−10,299−9.7%Reduced
Police & Firemen's Retirement System of New Jersey96,337$10.2M0.09%+4,280+4.6%Added
Moran Wealth Management, LLC97,207$10.3M0.32%−571−0.6%Reduced
CWM Advisors, LLC98,265$10.4M1.13%+19,136+24.2%Added
Arohi Asset Management PTE Ltd.99,852$10.6M2.84%00.0%Unchanged
Mercer Global Advisors Inc100,899$10.7M0.02%+40,506+67.1%Added
USS Investment Management Ltd101,333$10.7M0.07%−386−0.4%Reduced
Mutual of America Capital Management LLC101,786$10.8M0.12%−1,728−1.7%Reduced
British Columbia Investment Management Corp102,865$10.9M0.06%−21,737−17.4%Reduced
Federation des caisses Desjardins du Quebec103,306$10.9M0.05%−1,889−1.8%Reduced
Modera Wealth Management, LLC103,428$10.9M0.14%+4,418+4.5%Added
Utah Retirement Systems104,175$11.0M0.12%−385−0.4%Reduced
Varma Mutual Pension Insurance Co105,200$11.1M0.08%−4,400−4.0%Reduced
CI Private Wealth, LLC106,363$11.2M0.02%−31,968−23.1%Reduced
Cambridge Investment Research Advisors, Inc.106,947$11.3M0.03%−4,609−4.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S107,360$11.3M0.11%−207,797−65.9%Reduced
Knuff & Co LLC107,925$11.4M3.59%−1,190−1.1%Reduced
Gamco Investors, Inc. Et Al108,120$11.4M0.11%−1,800−1.6%Reduced
Assetmark, Inc108,849$11.5M0.03%+21,109+24.1%Added
Advisor Group Holdings, Inc.113,155$12.0M0.02%+10,284+10.0%Added
TD Waterhouse Canada Inc.116,915$12.0M0.09%−23,573−16.8%Reduced
Weatherly Asset Management L. P.113,551$12.0M1.02%−2,355−2.0%Reduced
Macquarie Group Ltd114,724$12.1M0.01%−102,613−47.2%Reduced
Stephens Investment Management Group LLC115,841$12.2M0.16%−26,721−18.7%Reduced
Sanibel Captiva Trust Company, Inc.116,130$12.3M0.38%−5,393−4.4%Reduced
Illinois Municipal Retirement Fund118,168$12.5M0.17%−4,065−3.3%Reduced
Scotia Capital Inc.118,743$12.6M0.06%−2,046−1.7%Reduced
JustInvest LLC120,360$12.7M0.14%+18,407+18.1%Added
ING Groep NV120,535$12.7M0.08%−146,673−54.9%Reduced
CapWealth Advisors, LLC121,624$12.9M1.27%+52,989+77.2%Added
Janney Montgomery Scott LLC122,246$12.9M0.03%+599+0.5%Added
Lido Advisors, LLC124,335$13.1M0.07%+99,868+408.2%Added
Lazard Asset Management LLC125,082$13.2M0.02%−119,444−48.8%Reduced
UniSuper Management Pty Ltd128,609$13.6M0.09%−3,000−2.3%Reduced
Allspring Global Investments Holdings, LLC132,912$13.6M0.02%−204,049−60.6%Reduced
IFM Investors Pty Ltd128,923$13.6M0.13%+6,074+4.9%Added
Nutshell Asset Management Ltd130,254$13.8M8.20%−19,515−13.0%Reduced
Willis Investment Counsel130,448$13.8M0.81%+1,187+0.9%Added
Fulcrum Capital LLC132,843$14.0M2.97%+4,349+3.4%Added
Peak Asset Management, LLC133,093$14.1M2.58%+4,272+3.3%Added
Wealth Enhancement Advisory Services, LLC133,842$14.1M0.02%+2,431+1.8%Added
Pine Valley Investments Ltd Liability Co134,785$14.2M0.84%−755−0.6%Reduced
CIBC World Markets Corp135,223$14.3M0.09%+57,792+74.6%Added
Callahan Advisors, LLC135,241$14.3M1.28%−1,255−0.9%Reduced
Ilmarinen Mutual Pension Insurance Co137,500$14.5M0.12%+32,500+31.0%Added
Twin Tree Management, LP138,467$14.6M0.37%+69,603+101.1%Added
CWM, LLC142,127$15.0M0.05%+8,933+6.7%Added
Susquehanna International Group, LLP143,764$15.2M0.02%+21,466+17.6%Added
Quantinno Capital Management LP144,989$15.3M0.07%+31,202+27.4%Added
Amalgamated Bank146,897$15.5M0.12%+10,924+8.0%Added
Trexquant Investment LP151,686$16.0M0.18%+73,664+94.4%Added
Czech National Bank155,288$16.4M0.13%+9,173+6.3%Added
Cookson Peirce & Co Inc155,685$16.5M0.72%−11,857−7.1%Reduced
Xponance, Inc.155,780$16.5M0.14%+16,394+11.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys155,810$16.5M0.09%+10,329+7.1%Added
Merit Financial Group, LLC157,520$16.7M0.19%−1,114−0.7%Reduced
DnB Asset Management AS158,930$16.8M0.07%+42,668+36.7%Added
Comerica Bank160,296$16.9M0.07%+1,484+0.9%Added
Commonwealth Equity Services, LLC163,492$17.3M0.02%+4,822+3.0%Added
Cetera Investment Advisers164,728$17.4M0.03%+10,934+7.1%Added
STRS Ohio165,674$17.5M0.07%+13,720+9.0%Added
Baltimore-Washington Financial Advisors, Inc.166,953$17.7M0.82%+21,037+14.4%Added
Wilkins Investment Counsel Inc167,073$17.7M2.50%−1,613−1.0%Reduced
Fuller & Thaler Asset Management, Inc.170,470$18.0M0.07%+13,283+8.5%Added
Barlow Wealth Partners, Inc.178,684$18.3M2.19%+1,629+0.9%Added
Squarepoint Ops LLC179,478$19.0M0.04%−675,103−79.0%Reduced
Swiss Life Asset Management Ltd179,713$19.0M0.11%+110,791+160.7%Added
Warther Private Wealth, LLC182,160$19.3M5.05%+51,750+39.7%Added
Nissay Asset Management Corp183,367$19.4M0.11%+9,237+5.3%Added
First Horizon Advisors, Inc.190,310$20.1M0.52%−487−0.3%Reduced
MetLife Investment Management190,855$20.2M0.12%+3,300+1.8%Added
Arizona State Retirement System191,106$20.2M0.12%+560.0%Added
Erste Asset Management GmbH198,416$20.5M0.17%+39,906+25.2%Added
Forsta Ap-Fonden194,400$20.6M0.14%+1,600+0.8%Added
State of Michigan Retirement System197,770$20.9M0.11%+25,200+14.6%Added
Lansforsakringar Fondforvaltning AB (publ)199,856$21.1M0.12%−16,140−7.5%Reduced
Epoch Investment Partners, Inc.200,668$21.2M0.11%+85,401+74.1%Added
Blair William & Co202,463$21.4M0.06%+876+0.4%Added
Nisa Investment Advisors, LLC204,660$21.6M0.10%+1,731+0.9%Added
Mediolanum International Funds Ltd211,260$21.8M0.26%+11,575+5.8%Added
NEOS Investment Management LLC206,948$21.9M0.27%+78,382+61.0%Added
Baird Financial Group, Inc.209,781$22.2M0.04%+15,601+8.0%Added
Old National Bancorp210,554$22.3M0.40%+11,919+6.0%Added
Daiwa Securities Group Inc.210,854$22.3M0.08%+4,026+1.9%Added
RPG Investment Advisory, LLC211,537$22.4M2.78%−210,069−49.8%Reduced
Handelsbanken Fonder AB211,973$22.4M0.08%−16,944−7.4%Reduced
one8zero8, LLC213,135$22.5M5.32%−7,195−3.3%Reduced
Peapack Gladstone Financial Corp213,589$22.6M0.32%+18,980+9.8%Added
US Bancorp214,525$22.7M0.03%−2,221−1.0%Reduced
Williams Jones Wealth Management, LLC.217,547$23.0M0.28%−1,571−0.7%Reduced
Burney Co218,236$23.1M0.78%−162,948−42.7%Reduced
State of New Jersey Common Pension Fund D219,288$23.2M0.09%00.0%Unchanged
Gotham Asset Management, LLC222,067$23.5M0.14%+65,873+42.2%Added
CIBC Asset Management Inc222,999$23.6M0.07%−9,728−4.2%Reduced