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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
Miller Financial Services LLC3,373$356.6K0.45%−10−0.3%Reduced
Kames Capital plc3,381$357.3K0.00%+498+17.3%Added
Lester Murray Antman dba SimplyRich3,392$358.0K0.10%00.0%Unchanged
GPS Wealth Strategies Group, LLC3,391$358.5K0.04%+108+3.3%Added
Alta Advisers Ltd3,412$360.7K0.13%00.0%Unchanged
Exchange Traded Concepts, LLC3,458$365.6K0.00%−3,734−51.9%Reduced
Level Four Advisory Services, LLC3,464$366.2K0.01%+1,056+43.9%Added
Gabelli & Co Investment Advisers, Inc.3,500$370.0K0.06%00.0%Unchanged
Lodestone Wealth Management LLC3,505$370.5K0.18%−87−2.4%Reduced
Columbus Macro, LLC3,513$371.4K0.05%−123−3.4%Reduced
Resonant Capital Advisors, LLC3,541$374.4K0.02%+415+13.3%Added
Fulcrum Asset Management LLP3,546$374.9K0.11%+3,546New
Crestwood Advisors Group LLC3,551$375.4K0.01%−99−2.7%Reduced
Gladstone Institutional Advisory LLC3,564$376.7K0.02%−8−0.2%Reduced
Full Sail Capital, LLC3,626$383.3K0.02%+3,626New
DGS Capital Management, LLC3,632$384.0K0.08%+1,079+42.3%Added
Ci Investments Inc.3,630$384.0K0.00%−71−1.9%Reduced
JT Stratford LLC3,633$384.1K0.06%−13,501−78.8%Reduced
Gries Financial LLC3,633$384.1K0.07%−1,038−22.2%Reduced
Philadelphia Trust Co3,650$386.0K0.03%00.0%Unchanged
Gryphon Financial Partners LLC3,659$386.8K0.05%+3,659New
Insigneo Advisory Services, LLC3,664$387.4K0.03%+84+2.3%Added
Pinnacle Wealth Planning Services, Inc.3,673$388.3K0.05%+886+31.8%Added
Ascent Group, LLC3,688$389.9K0.02%+21+0.6%Added
Ausdal Financial Partners, Inc.3,696$390.8K0.03%+112+3.1%Added
RMR Wealth Builders3,704$391.6K0.04%−126−3.3%Reduced
Oder Investment Management, LLC3,707$391.9K0.30%+240+6.9%Added
IHT Wealth Management, LLC3,712$392.4K0.01%−61−1.6%Reduced
Conning Inc.3,756$397.1K0.01%−160−4.1%Reduced
Graypoint LLC3,762$397.7K0.02%+86+2.3%Added
Fortem Financial Group, LLC3,775$399.1K0.13%+3,775New
Elevatus Welath Management3,792$400.9K0.13%+575+17.9%Added
Pennsylvania Capital Management Inc3,800$401.7K0.13%00.0%Unchanged
River Street Advisors LLC3,805$402.3K0.17%00.0%Unchanged
OneAscent Investment Solutions LLC3,824$404.0K0.43%+87+2.3%Added
Aspen Investment Management Inc3,817$404.0K0.17%+3,817New
Checchi Capital Advisers, LLC3,823$404.2K0.03%+91+2.4%Added
Washington Trust Co3,825$404.4K0.01%00.0%Unchanged
Gallacher Capital Management LLC3,834$405.3K0.19%+3,834New
Mission Wealth Management, LP3,841$406.0K0.01%−2−0.1%Reduced
Massachusetts Financial Services Co3,875$409.7K0.00%+100+2.6%Added
denkapparat Operations GmbH3,898$412.1K0.33%00.0%Unchanged
SMART Wealth LLC3,911$413.5K0.13%+3,911New
Smartleaf Asset Management LLC4,026$415.1K0.04%−676−14.4%Reduced
Commerzbank Aktiengesellschaft3,951$418.0K0.01%00.0%Unchanged
Focus Financial Network, Inc.3,964$419.1K0.02%+501+14.5%Added
Texas Bank & Trust Co4,000$422.9K0.17%00.0%Unchanged
My Legacy Advisors, LLC4,225$423.3K0.15%00.0%Unchanged
Personal Cfo Solutions, LLC4,013$424.3K0.08%+599+17.5%Added
Gabelli Funds LLC4,031$426.2K0.00%00.0%Unchanged
Chicago Partners Investment Group LLC4,067$427.3K0.01%+597+17.2%Added
Eqis Capital Management, Inc.4,047$427.9K0.03%−439−9.8%Reduced
Heritage Wealth Advisors4,057$428.9K0.02%00.0%Unchanged
Norden Group LLC4,081$431.4K0.05%−41,107−91.0%Reduced
Bryn Mawr Trust Co4,093$432.7K0.01%−6,773−62.3%Reduced
Austin Private Wealth, LLC4,100$433.5K0.03%+721+21.3%Added
waypoint wealth counsel4,103$433.8K0.21%+1,579+62.6%Added
Caldwell Trust Co4,125$436.1K0.04%+3,000+266.7%Added
Haverford Trust Co4,128$436.4K0.00%00.0%Unchanged
PDS Planning, Inc4,131$436.7K0.03%+358+9.5%Added
Wealthedge Investment Advisors, LLC4,134$437.0K0.18%+4,134New
Choate Investment Advisors4,142$437.9K0.01%+17+0.4%Added
Impact Investors, Inc4,148$438.5K0.31%−210−4.8%Reduced
Mutual Advisors, LLC4,194$439.6K0.01%−315−7.0%Reduced
Sivia Capital Partners, LLC4,198$443.8K0.15%+19+0.5%Added
Compass Capital Corp4,353$443.8K0.21%+4,353New
Investment Partners Asset Management, Inc.4,202$444.2K0.31%00.0%Unchanged
Fiduciary Financial Group, LLC4,390$449.7K0.08%+281+6.8%Added
MGB Wealth Management, LLC4,290$453.0K0.15%−1,050−19.7%Reduced
Caliber Wealth Management, LLC4,300$454.6K0.05%+1,100+34.4%Added
AdvisorNet Financial, Inc4,311$455.8K0.03%+3+0.1%Added
Global Trust Asset Management, LLC4,320$456.7K0.24%−940−17.9%Reduced
Sender Co & Partners, Inc.4,330$457.8K0.13%+4,330New
AlTi Global, Inc.4,359$460.1K0.01%+62+1.4%Added
Capital Investment Advisors, LLC4,356$460.5K0.01%−2,634−37.7%Reduced
Pure Financial Advisors, Inc.4,359$460.8K0.01%+1,912+78.1%Added
Capital Advisory Group Advisory Services, LLC4,362$461.2K0.17%−125−2.8%Reduced
Birchcreek Wealth Management, LLC4,381$463.2K0.26%−600−12.0%Reduced
Ramirez Asset Management, Inc.4,387$463.8K0.07%00.0%Unchanged
Global Retirement Partners, LLC4,459$471.4K0.01%+4,459New
Brookstone Capital Management4,491$474.8K0.01%−286−6.0%Reduced
OneAscent Wealth Management LLC4,522$478.0K0.18%+174+4.0%Added
Spinnaker Trust4,535$479.4K0.03%+35+0.8%Added
Adams Wealth Management4,549$480.9K0.09%+4,549New
CacheTech Inc.4,549$480.9K0.09%+4,549New
Cynosure Management, LLC4,585$484.7K0.05%+954+26.3%Added
BXM Wealth LLC4,600$486.3K0.58%−1,200−20.7%Reduced
Mendel Money Management4,655$492.1K0.22%00.0%Unchanged
Central Trust Co4,659$492.6K0.01%+500+12.0%Added
MONECO Advisors, LLC4,660$492.6K0.05%−70−1.5%Reduced
Wright Investors Service Inc4,667$493.4K0.15%+4,667New
Optimist Retirement Group LLC4,748$502.0K0.24%+124+2.7%Added
Journey Strategic Wealth LLC4,758$503.0K0.02%+343+7.8%Added
TD Private Client Wealth LLC4,767$504.0K0.01%+4,767New
Meiji Yasuda Life Insurance Co4,774$504.7K0.02%−487−9.3%Reduced
SBI Securities Co., Ltd.4,782$505.6K0.01%+276+6.1%Added
Axq Capital, LP4,831$510.7K0.16%−1,677−25.8%Reduced
Rooted Wealth Advisors, Inc.5,165$511.6K0.18%+788+18.0%Added
Kera Capital Partners, Inc.4,875$515.4K0.10%+2,603+114.6%Added
S-Bank Fund Management Ltd4,943$522.6K0.08%+4,943New