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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
Nisa Investment Advisors, LLC204,660$21.6M0.10%+1,731+0.9%Added
Blair William & Co202,463$21.4M0.06%+876+0.4%Added
Epoch Investment Partners, Inc.200,668$21.2M0.11%+85,401+74.1%Added
Lansforsakringar Fondforvaltning AB (publ)199,856$21.1M0.12%−16,140−7.5%Reduced
State of Michigan Retirement System197,770$20.9M0.11%+25,200+14.6%Added
Forsta Ap-Fonden194,400$20.6M0.14%+1,600+0.8%Added
Erste Asset Management GmbH198,416$20.5M0.17%+39,906+25.2%Added
Arizona State Retirement System191,106$20.2M0.12%+560.0%Added
MetLife Investment Management190,855$20.2M0.12%+3,300+1.8%Added
First Horizon Advisors, Inc.190,310$20.1M0.52%−487−0.3%Reduced
Nissay Asset Management Corp183,367$19.4M0.11%+9,237+5.3%Added
Warther Private Wealth, LLC182,160$19.3M5.05%+51,750+39.7%Added
Swiss Life Asset Management Ltd179,713$19.0M0.11%+110,791+160.7%Added
Squarepoint Ops LLC179,478$19.0M0.04%−675,103−79.0%Reduced
Barlow Wealth Partners, Inc.178,684$18.3M2.19%+1,629+0.9%Added
Fuller & Thaler Asset Management, Inc.170,470$18.0M0.07%+13,283+8.5%Added
Wilkins Investment Counsel Inc167,073$17.7M2.50%−1,613−1.0%Reduced
Baltimore-Washington Financial Advisors, Inc.166,953$17.7M0.82%+21,037+14.4%Added
STRS Ohio165,674$17.5M0.07%+13,720+9.0%Added
Cetera Investment Advisers164,728$17.4M0.03%+10,934+7.1%Added
Commonwealth Equity Services, LLC163,492$17.3M0.02%+4,822+3.0%Added
Comerica Bank160,296$16.9M0.07%+1,484+0.9%Added
DnB Asset Management AS158,930$16.8M0.07%+42,668+36.7%Added
Merit Financial Group, LLC157,520$16.7M0.19%−1,114−0.7%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys155,810$16.5M0.09%+10,329+7.1%Added
Xponance, Inc.155,780$16.5M0.14%+16,394+11.8%Added
Cookson Peirce & Co Inc155,685$16.5M0.72%−11,857−7.1%Reduced
Czech National Bank155,288$16.4M0.13%+9,173+6.3%Added
Trexquant Investment LP151,686$16.0M0.18%+73,664+94.4%Added
Amalgamated Bank146,897$15.5M0.12%+10,924+8.0%Added
Quantinno Capital Management LP144,989$15.3M0.07%+31,202+27.4%Added
Susquehanna International Group, LLP143,764$15.2M0.02%+21,466+17.6%Added
CWM, LLC142,127$15.0M0.05%+8,933+6.7%Added
Twin Tree Management, LP138,467$14.6M0.37%+69,603+101.1%Added
Ilmarinen Mutual Pension Insurance Co137,500$14.5M0.12%+32,500+31.0%Added
Callahan Advisors, LLC135,241$14.3M1.28%−1,255−0.9%Reduced
CIBC World Markets Corp135,223$14.3M0.09%+57,792+74.6%Added
Pine Valley Investments Ltd Liability Co134,785$14.2M0.84%−755−0.6%Reduced
Wealth Enhancement Advisory Services, LLC133,842$14.1M0.02%+2,431+1.8%Added
Peak Asset Management, LLC133,093$14.1M2.58%+4,272+3.3%Added
Fulcrum Capital LLC132,843$14.0M2.97%+4,349+3.4%Added
Willis Investment Counsel130,448$13.8M0.81%+1,187+0.9%Added
Nutshell Asset Management Ltd130,254$13.8M8.20%−19,515−13.0%Reduced
IFM Investors Pty Ltd128,923$13.6M0.13%+6,074+4.9%Added
Allspring Global Investments Holdings, LLC132,912$13.6M0.02%−204,049−60.6%Reduced
UniSuper Management Pty Ltd128,609$13.6M0.09%−3,000−2.3%Reduced
Lazard Asset Management LLC125,082$13.2M0.02%−119,444−48.8%Reduced
Lido Advisors, LLC124,335$13.1M0.07%+99,868+408.2%Added
Janney Montgomery Scott LLC122,246$12.9M0.03%+599+0.5%Added
CapWealth Advisors, LLC121,624$12.9M1.27%+52,989+77.2%Added
ING Groep NV120,535$12.7M0.08%−146,673−54.9%Reduced
JustInvest LLC120,360$12.7M0.14%+18,407+18.1%Added
Scotia Capital Inc.118,743$12.6M0.06%−2,046−1.7%Reduced
Illinois Municipal Retirement Fund118,168$12.5M0.17%−4,065−3.3%Reduced
Sanibel Captiva Trust Company, Inc.116,130$12.3M0.38%−5,393−4.4%Reduced
Stephens Investment Management Group LLC115,841$12.2M0.16%−26,721−18.7%Reduced
Macquarie Group Ltd114,724$12.1M0.01%−102,613−47.2%Reduced
Weatherly Asset Management L. P.113,551$12.0M1.02%−2,355−2.0%Reduced
TD Waterhouse Canada Inc.116,915$12.0M0.09%−23,573−16.8%Reduced
Advisor Group Holdings, Inc.113,155$12.0M0.02%+10,284+10.0%Added
Assetmark, Inc108,849$11.5M0.03%+21,109+24.1%Added
Gamco Investors, Inc. Et Al108,120$11.4M0.11%−1,800−1.6%Reduced
Knuff & Co LLC107,925$11.4M3.59%−1,190−1.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S107,360$11.3M0.11%−207,797−65.9%Reduced
Cambridge Investment Research Advisors, Inc.106,947$11.3M0.03%−4,609−4.1%Reduced
CI Private Wealth, LLC106,363$11.2M0.02%−31,968−23.1%Reduced
Varma Mutual Pension Insurance Co105,200$11.1M0.08%−4,400−4.0%Reduced
Utah Retirement Systems104,175$11.0M0.12%−385−0.4%Reduced
Modera Wealth Management, LLC103,428$10.9M0.14%+4,418+4.5%Added
Federation des caisses Desjardins du Quebec103,306$10.9M0.05%−1,889−1.8%Reduced
British Columbia Investment Management Corp102,865$10.9M0.06%−21,737−17.4%Reduced
Mutual of America Capital Management LLC101,786$10.8M0.12%−1,728−1.7%Reduced
USS Investment Management Ltd101,333$10.7M0.07%−386−0.4%Reduced
Mercer Global Advisors Inc100,899$10.7M0.02%+40,506+67.1%Added
Arohi Asset Management PTE Ltd.99,852$10.6M2.84%00.0%Unchanged
CWM Advisors, LLC98,265$10.4M1.13%+19,136+24.2%Added
Moran Wealth Management, LLC97,207$10.3M0.32%−571−0.6%Reduced
Police & Firemen's Retirement System of New Jersey96,337$10.2M0.09%+4,280+4.6%Added
Brown Advisory Inc95,981$10.1M0.01%−10,299−9.7%Reduced
Capital Impact Advisors, LLC95,253$10.1M3.03%+95,253New
New York Life Investment Management LLC95,006$10.0M0.09%+1,312+1.4%Added
O'Shaughnessy Asset Management, LLC94,924$10.0M0.07%+8,101+9.3%Added
Sawgrass Asset Management LLC93,670$9.90M1.13%+93,670New
Terry L. Blaker91,635$9.69M0.37%−2,354−2.5%Reduced
Ravenstone Capital Management Inc.90,843$9.60M5.04%+5,693+6.7%Added
LVM Capital Management Ltd90,057$9.52M0.99%+843+0.9%Added
Private Wealth Partners, LLC90,000$9.51M0.74%00.0%Unchanged
ExodusPoint Capital Management, LP89,714$9.48M0.12%−18,196−16.9%Reduced
Louisiana State Employees Retirement System89,500$9.46M0.17%−900−1.0%Reduced
Carderock Capital Management Inc88,562$9.36M2.40%+2,993+3.5%Added
Neuberger Berman Group LLC87,292$9.23M0.01%+14,326+19.6%Added
Public Employees Retirement Association of Colorado86,883$9.19M0.04%−1,988−2.2%Reduced
Elo Mutual Pension Insurance Co85,901$9.08M0.18%−19,777−18.7%Reduced
Investment Management Corp of Ontario85,106$9.00M0.13%+31,735+59.5%Added
iA Global Asset Management Inc.84,931$8.98M0.14%−18,017−17.5%Reduced
Foster Victor Wealth Advisors, LLC83,141$8.95M0.61%+943+1.1%Added
Yousif Capital Management, LLC82,787$8.75M0.09%−1,399−1.7%Reduced
Raiffeisen Bank International AG84,290$8.74M0.13%+24,069+40.0%Added
Congress Wealth Management LLC82,170$8.69M0.08%−6,001−6.8%Reduced
LGT Fund Management Co Ltd.82,126$8.68M0.76%−61,061−42.6%Reduced