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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
DT Investment Partners, LLC157$13.2K0.00%00.0%Unchanged
Tripletail Wealth Management, LLC168$14.6K0.02%+168New
MTM Investment Management, LLC175$14.7K0.00%00.0%Unchanged
Scarborough Advisors, LLC175$14.7K0.00%+1+0.6%Added
Prestige Wealth Management Group LLC182$15.3K0.00%+6+3.4%Added
Gould Capital, LLC183$15.4K0.01%−9,276−98.1%Reduced
Fortitude Family Office, LLC188$15.8K0.00%+1+0.5%Added
DAGCO, Inc.200$16.8K0.00%00.0%Unchanged
Raffa Wealth Management, LLC204$17.2K0.00%+14+7.4%Added
Wealth Watch Advisors, INC207$17.4K0.01%+207New
Hartford Financial Management Inc.209$17.6K0.00%+22+11.8%Added
Rational Advisors LLC222$18.7K0.00%+6+2.8%Added
C M Bidwell & Associates Ltd225$18.9K0.01%00.0%Unchanged
CGC Financial Services, LLC225$18.9K0.01%00.0%Unchanged
Sound Income Strategies, LLC230$19.8K0.00%00.0%Unchanged
Cornerstone Planning Group LLC241$20.3K0.00%+91+60.7%Added
Resources Management Corp250$21.0K0.00%00.0%Unchanged
Eastern Bank250$21.0K0.00%00.0%Unchanged
American National Bank250$21.0K0.00%00.0%Unchanged
Salomon & Ludwin, LLC252$21.6K0.00%+252New
Tacita Capital Inc261$21.9K0.01%00.0%Unchanged
Banque Transatlantique SA265$22.3K0.00%−100−27.4%Reduced
Bell Investment Advisors, Inc267$22.4K0.00%−44−14.1%Reduced
Riverview Trust Co275$23.1K0.03%00.0%Unchanged
Nemes Rush Group LLC293$24.6K0.00%−72−19.7%Reduced
ZRC Wealth Management, LLC296$24.9K0.01%+71+31.6%Added
Pinnacle Holdings, LLC299$25.1K0.01%+299New
Sittner & Nelson, LLC300$25.2K0.01%00.0%Unchanged
Financial Consulate, Inc300$25.2K0.00%+300New
Steigerwald, Gordon & Koch Inc.300$25.2K0.00%+300New
Ameriflex Group, Inc.300$25.2K0.01%+300New
True Wealth Design, LLC301$25.3K0.01%−1,527−83.5%Reduced
Wexford Capital LP303$25.5K0.01%+303New
Bogart Wealth, LLC304$25.6K0.00%−144−32.1%Reduced
ORG Partners LLC311$26.1K0.00%−4,927−94.1%Reduced
Private Wealth Asset Management, LLC320$26.9K0.00%−395−55.2%Reduced
Palisade Asset Management, LLC330$27.7K0.00%+330New
University of Texas/Texas Am Investment Managment Co335$28.2K0.00%+335New
Quaker Wealth Management, LLC364$30.6K0.01%+1+0.3%Added
Mechanics Financial Corp375$31.5K0.01%00.0%Unchanged
SJS Investment Consulting Inc.381$32.0K0.00%+358+1,556.5%Added
Quarry LP387$32.5K0.01%+387New
GW&K Investment Management, LLC392$33.0K0.00%−93−19.2%Reduced
Evolution Advisers, Inc.390$33.0K0.01%00.0%Unchanged
South State Corp.398$33.5K0.00%−120−23.2%Reduced
Clark Wealth Partners425$33.7K0.02%−170−28.6%Reduced
Private Wealth Management Group, LLC409$34.4K0.01%00.0%Unchanged
Asset Dedication, LLC419$35.2K0.00%00.0%Unchanged
Lavaca Capital LLC420$35.3K0.01%00.0%Unchanged
Rise Advisors, LLC422$35.5K0.01%+7+1.7%Added
LFA - Lugano Financial Advisors SA426$35.8K0.02%00.0%Unchanged
Golden State Wealth Management, LLC439$36.9K0.00%−50−10.2%Reduced
Graney & King, LLC452$38.0K0.03%00.0%Unchanged
Westside Investment Management, Inc.448$38.2K0.01%+224+100.0%Added
Key Financial Inc450$38.3K0.01%00.0%Unchanged
Creekmur Asset Management LLC478$40.2K0.01%00.0%Unchanged
Meeder Asset Management Inc481$40.4K0.00%+139+40.6%Added
Hurley Capital, LLC485$40.8K0.02%+100+26.0%Added
Farmers & Merchants Investments Inc495$41.6K0.00%+40+8.8%Added
Private Trust Co NA516$43.4K0.00%−14−2.6%Reduced
Costello Asset Management, INC529$44.5K0.01%00.0%Unchanged
Aventura Private Wealth, LLC535$45.0K0.02%+250+87.7%Added
Capital Advisors, Ltd. LLC535$45.0K0.01%−5−0.9%Reduced
Atlantic Trust, LLC536$45.1K0.01%+22+4.3%Added
Caitlin John, LLC570$47.9K0.03%+570New
Chilton Capital Management LLC600$50.4K0.00%00.0%Unchanged
United Community Bank622$52.3K0.02%+24+4.0%Added
Grove Bank & Trust627$52.7K0.01%00.0%Unchanged
Rossby Financial, LCC644$54.9K0.02%+158+32.5%Added
JFS Wealth Advisors, LLC665$55.9K0.00%+30+4.7%Added
Itau Unibanco Holding S.A.676$56.8K0.00%−144−17.6%Reduced
North Star Investment Management Corp.685$57.6K0.00%00.0%Unchanged
Activest Wealth Management694$58.4K0.01%+544+362.7%Added
LOM Asset Management Ltd700$59.0K0.02%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC713$60.0K0.01%+3+0.4%Added
Hemington Wealth Management715$60.0K0.01%−136−16.0%Reduced
E Fund Management (Hong Kong) Co., Ltd.719$60.5K0.04%+364+102.5%Added
Financial Freedom, LLC760$63.9K0.03%00.0%Unchanged
Rakuten Securities, Inc.769$64.7K0.02%+518+206.4%Added
McIlrath & Eck, LLC802$67.4K0.01%00.0%Unchanged
Kathleen S. Wright Associates Inc.836$70.3K0.03%00.0%Unchanged
Virtus ETF Advisers LLC838$70.5K0.04%−322−27.8%Reduced
Root Financial Partners, LLC846$71.1K0.00%+846New
Atwood & Palmer Inc860$72.3K0.00%00.0%Unchanged
Frazier Financial Advisors, LLC884$74.3K0.05%−141−13.8%Reduced
Reyes Financial Architecture, Inc.892$75.0K0.05%−664−42.7%Reduced
Manchester Capital Management LLC900$75.7K0.01%−5−0.6%Reduced
CVA Family Office, LLC910$76.5K0.01%−291−24.2%Reduced
City State Bank931$78.3K0.02%00.0%Unchanged
Deseret Mutual Benefit Administrators943$79.3K0.03%+717+317.3%Added
Clayton Financial Group LLC950$79.9K0.06%+950New
Avalon Trust Co985$82.8K0.01%00.0%Unchanged
Arcadia Investment Management Corp1,000$84.1K0.01%00.0%Unchanged
SOA Wealth Advisors, LLC.1,005$84.5K0.01%+200+24.8%Added
Kayne Anderson Rudnick Investment Management LLC1,058$89.0K0.00%+5+0.5%Added
First Pacific Financial1,067$89.7K0.01%00.0%Unchanged
Essential Partners LLC1,135$95.4K0.03%−17,438−93.9%Reduced
Medallion Wealth Advisors, LLC1,159$97.4K0.03%−71−5.8%Reduced
Bryn Mawr Trust Co1,175$98.8K0.00%−2,918−71.3%Reduced
Financial Avengers, Inc.1,200$100.9K0.04%00.0%Unchanged