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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, Q3 2025

Institutional positions in Fortinet, Inc. as of Sep 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
1,277
−84 vs. Q2 2025
Shares held
482.6M
−18.4M (−3.7%) vs. Q2 2025
Total value
$40.6B
−$12.3B (−23.3%) vs. Q2 2025
New holders
136
448 more added
Sold out
220
528 more reduced

24 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,277 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 heldQ3 2025: $40.6B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q2 2025.

Institutions holding FTNT in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc75,581,275$6.35B0.10%+2,894,355+4.0%Added
BlackRock, Inc.62,126,478$5.22B0.09%−1,738,122−2.7%Reduced
State Street Corp29,660,558$2.49B0.09%+477,397+1.6%Added
Geode Capital Management, LLC17,181,771$1.44B0.09%+264,797+1.6%Added
Bank of New York Mellon Corp13,611,407$1.14B0.21%−945,305−6.5%Reduced
Invesco Ltd.10,816,519$909.5M0.14%+1,568,337+17.0%Added
Morgan Stanley10,758,494$904.6M0.05%+1,387,705+14.8%Added
Fundsmith LLPSuperinvestorFundsmith8,420,092$708.0M3.58%+1,7300.0%Added
First Trust Advisors LP7,575,662$637.0M0.47%+1,790,033+30.9%Added
Nordea Investment Management AB6,922,031$586.8M0.51%+195,896+2.9%Added
Northern Trust Corp6,814,245$572.9M0.07%−102,267−1.5%Reduced
UBS Asset Management Americas Inc6,363,994$535.1M0.12%−784,250−11.0%Reduced
Price T Rowe Associates Inc6,212,812$522.4M0.06%−1,887,076−23.3%Reduced
Legal & General Group Plc6,115,450$514.2M0.12%+273,428+4.7%Added
Deutsche Bank AG5,711,637$480.2M0.16%+1,510,080+35.9%Added
Van Eck Associates Corp5,564,558$467.9M0.43%+2,132,109+62.1%Added
Ameriprise Financial Inc5,160,348$430.1M0.10%+969,899+23.1%Added
Goldman Sachs Group Inc5,044,486$424.1M0.06%+438,743+9.5%Added
Arrowstreet Capital, Limited Partnership4,643,983$390.5M0.25%−2,557,941−35.5%Reduced
Charles Schwab Investment Management Inc4,524,187$380.4M0.06%+282,681+6.7%Added
Swedbank AB4,475,441$376.3M0.38%+651,057+17.0%Added
JPMorgan Chase & Co3,954,320$332.5M0.02%+481,447+13.9%Added
FMR LLC3,855,512$324.2M0.02%−4,189,312−52.1%Reduced
Dimensional Fund Advisors LP3,846,164$323.4M0.07%+858,723+28.7%Added
Barclays PLC3,777,966$317.7M0.12%−891,314−19.1%Reduced
Bank of America Corp3,677,607$309.2M0.02%+42,393+1.2%Added
Amundi3,288,379$284.1M0.09%−85,720−2.5%Reduced
UBS Group AG3,318,991$279.1M0.05%+62,561+1.9%Added
Schroder Investment Management Group3,317,996$279.0M0.22%+3,317,996New
Bessemer Group Inc3,238,791$272.3M0.42%−1,511,678−31.8%Reduced
Sarasin & Partners LLP2,894,003$245.0M2.40%+85,278+3.0%Added
Citigroup Inc2,830,355$238.0M0.16%+458,468+19.3%Added
Pictet Asset Management Holding SA2,525,624$212.4M0.20%−395,546−13.5%Reduced
Allianz Asset Management GmbH2,373,680$199.6M0.25%−37,083−1.5%Reduced
AQR Capital Management LLC2,331,901$196.1M0.13%−3,721,768−61.5%Reduced
Fundsmith Investment Services Ltd.2,279,732$191.7M2.99%−230,706−9.2%Reduced
National Pension Service2,223,198$186.9M0.15%+50,861+2.3%Added
Jacobs Levy Equity Management, Inc2,088,545$175.6M0.70%+237,040+12.8%Added
HSBC Holdings PLC2,088,538$175.5M0.10%+832,064+66.2%Added
ProShare Advisors LLC1,974,442$166.0M0.35%+776,705+64.8%Added
Royal Bank of Canada1,953,034$164.2M0.03%−474,707−19.6%Reduced
Bank of Montreal1,906,276$160.3M0.07%+350,088+22.5%Added
Swiss National Bank1,875,400$157.7M0.09%−103,700−5.2%Reduced
Two Sigma Advisers, LP1,792,320$150.7M0.30%−42,000−2.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,656,888$139.3M0.08%−109,928−6.2%Reduced
Acadian Asset Management LLC1,655,236$139.1M0.24%−1,073,344−39.3%Reduced
Victory Capital Management Inc1,651,683$138.9M0.09%+90,284+5.8%Added
Mirae Asset Global ETFs Holdings Ltd.1,636,607$137.6M0.22%+159,942+10.8%Added
Robeco Institutional Asset Management B.V.1,629,635$137.0M0.20%−931,704−36.4%Reduced
Voya Investment Management LLC1,625,176$136.6M0.14%−26,200−1.6%Reduced
California Public Employees Retirement System1,608,359$135.2M0.08%−533,794−24.9%Reduced
Nuveen, LLC1,493,226$125.6M0.03%−191,735−11.4%Reduced
CCLA Investment Management Ltd1,486,658$125.0M2.00%+30,723+2.1%Added
Vident Advisory, LLC1,381,188$116.1M1.13%+276,231+25.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,370,633$115.0M0.30%+65,281+5.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,363,291$114.6M0.08%+66,415+5.1%Added
BNP Paribas Arbitrage, SA1,362,426$114.6M0.09%+125,366+10.1%Added
Penserra Capital Management LLC1,356,122$114.0M1.36%+246,844+22.3%Added
Two Sigma Investments, LP1,323,411$111.3M0.17%+921,480+229.3%Added
Mitsubishi UFJ Trust & Banking Corp1,251,962$105.3M0.23%+93,316+8.1%Added
Montrusco Bolton Investments Inc.1,236,892$104.0M1.21%+214,796+21.0%Added
Rhumbline Advisers1,223,244$102.9M0.08%+28,165+2.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)1,201,925$101.1M0.23%+446,536+59.1%Added
Healthcare of Ontario Pension Plan Trust Fund1,113,140$93.6M0.17%+600,354+117.1%Added
Royal London Asset Management Ltd1,072,094$90.1M0.19%+89,988+9.2%Added
Renaissance Technologies LLC1,060,952$89.2M0.12%−999,899−48.5%Reduced
Citadel Advisors LLC1,018,770$85.7M0.07%+1,018,770New
D. E. Shaw & Co., Inc.1,001,113$84.2M0.07%+32,954+3.4%Added
Empower Advisory Group, LLC1,000,857$84.2M0.23%−25,544−2.5%Reduced
TD Asset Management Inc991,868$83.4M0.07%−210,256−17.5%Reduced
California State Teachers Retirement System981,812$82.6M0.08%−14,411−1.4%Reduced
Jane Street Group, LLC981,369$82.5M0.10%+981,369New
Bridgewater Associates, LP980,347$82.4M0.32%−2,193,817−69.1%Reduced
Clearbridge Investments, LLC974,335$81.9M0.06%+7,166+0.7%Added
American Capital Management Inc963,358$81.0M3.23%−48,113−4.8%Reduced
Great West Life Assurance Co876,294$74.2M0.11%+60,760+7.5%Added
Russell Investments Group, Ltd.875,253$73.6M0.08%−247,971−22.1%Reduced
Caisse de Depot Et Placement du Quebec858,987$72.2M0.13%−482,080−35.9%Reduced
Stifel Financial Corp851,137$71.6M0.07%−1,581−0.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH829,381$69.7M0.12%−224,654−21.3%Reduced
Wells Fargo & Company805,137$67.7M0.01%−130,038−13.9%Reduced
Principal Financial Group Inc783,495$65.9M0.03%−17,777−2.2%Reduced
New York State Common Retirement Fund783,457$65.9M0.09%−46,400−5.6%Reduced
Man Group plc764,645$64.3M0.12%−713,503−48.3%Reduced
Wealth Enhancement Advisory Services, LLC756,651$64.3M0.10%+622,809+465.3%Added
Pinebridge Investments, L.P.740,352$62.2M0.46%+143,187+24.0%Added
Ossiam713,005$59.9M0.77%+14,790+2.1%Added
Alliancebernstein L.P.704,948$59.3M0.02%−87,716−11.1%Reduced
American Century Companies Inc690,924$58.1M0.03%−53,033−7.1%Reduced
Achmea Investment Management B.V.682,711$57.4M0.71%+97,355+16.6%Added
Intech Investment Management LLC675,075$56.8M0.51%−88,270−11.6%Reduced
King Luther Capital Management Corp671,644$56.5M0.23%+344,335+105.2%Added
Jones Financial Companies LLLP630,415$53.1M0.04%+83,241+15.2%Added
KBC Group NV615,047$51.7M0.12%−77,261−11.2%Reduced
Argent Capital Management LLC609,776$51.3M1.40%−3,428−0.6%Reduced
New York State Teachers Retirement System607,423$51.1M0.10%−14,234−2.3%Reduced
State Board of Administration of Florida Retirement System594,631$50.0M0.09%−36,278−5.8%Reduced
AXA Investment Managers S.A.567,311$47.7M0.13%+567,311New
Holocene Advisors, LP563,000$47.3M0.11%00.0%Unchanged
Treasurer of the State of North Carolina553,548$46.5M0.14%+29,495+5.6%Added