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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
Independent Advisor Alliance23,862$2.01M0.05%−11,950−33.4%Reduced
Allstate Corp24,188$2.03M0.05%+24,188New
Procyon Private Wealth Partners, LLC24,239$2.04M0.12%+10,984+82.9%Added
Private Advisor Group, LLC24,344$2.05M0.01%−2,705−10.0%Reduced
Neo Ivy Capital Management24,412$2.05M0.50%+24,412New
Buckingham Strategic Partners24,779$2.06M0.02%−11,234−31.2%Reduced
Generali Asset Management SPA SGR24,542$2.06M0.04%−13,059−34.7%Reduced
M&T Bank Corp24,752$2.08M0.01%−6,873−21.7%Reduced
Wiley Bros.-Aintree Capital, LLC24,817$2.09M0.01%+581+2.4%Added
Iyo Bank, Ltd.25,050$2.11M0.79%00.0%Unchanged
JT Stratford LLC25,052$2.11M0.28%+21,419+589.6%Added
Whittier Trust Co of Nevada Inc24,752$2.12M0.05%−1,000−3.9%Reduced
Diversified Trust Co25,283$2.13M0.04%+2,959+13.3%Added
Evergreen Private Wealth LLC25,412$2.14M0.87%+706+2.9%Added
Oak Associates, Ltd25,980$2.18M0.13%00.0%Unchanged
PAX Financial Group, LLC26,007$2.19M0.39%−6,385−19.7%Reduced
Alps Advisors Inc26,481$2.23M0.01%−2,780−9.5%Reduced
Moors & Cabot, Inc.26,503$2.23M0.10%−2,070−7.2%Reduced
Eagle Capital Management, LLC26,733$2.25M0.85%+312+1.2%Added
Dai-Ichi Life Insurance Company, Ltd26,784$2.25M0.06%−2,860−9.6%Reduced
Metis Global Partners, LLC27,136$2.28M0.05%−4,762−14.9%Reduced
Element Squared LLC27,216$2.29M1.30%+6,018+28.4%Added
Sterling Capital Management LLC27,251$2.29M0.03%−4,179−13.3%Reduced
Freedom Day Solutions, LLC27,359$2.30M0.62%+484+1.8%Added
Tobam27,616$2.32M0.84%+14,494+110.5%Added
Vestcor Inc27,898$2.35M0.07%+3,594+14.8%Added
RB Capital Management, LLC27,975$2.35M0.49%−700−2.4%Reduced
Twin Capital Management Inc28,056$2.36M0.30%−19,657−41.2%Reduced
Commerce Bank28,133$2.37M0.01%+140.0%Added
New Mexico Educational Retirement Board28,750$2.42M0.08%−1,000−3.4%Reduced
Ssa Swiss Advisors AG28,710$2.43M1.13%00.0%Unchanged
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management28,874$2.43M0.05%+22,207+333.1%Added
Optiver Holding B.V.29,122$2.45M0.04%+29,040+35,414.6%Added
United Asset Strategies, Inc.29,227$2.46M0.20%−1,881−6.0%Reduced
Horizon Investments, LLC29,591$2.49M0.03%+12,298+71.1%Added
Aft, Forsyth & Sober, LLC29,750$2.50M0.78%00.0%Unchanged
Convergence Financial, LLC29,794$2.51M0.38%+45+0.2%Added
1832 Asset Management L.P.29,808$2.51M0.00%+6,847+29.8%Added
Trilogy Capital Inc.30,076$2.53M0.12%+5,582+22.8%Added
CAPROCK Group, Inc.32,121$2.53M0.06%+32,121New
HMS Capital Management, LLC30,106$2.53M1.06%+1,036+3.6%Added
Truist Financial Corp30,172$2.54M0.00%−14,395−32.3%Reduced
Investment Management Corp of Ontario30,541$2.57M0.04%−54,565−64.1%Reduced
AG2R la Mondiale Gestion D'Actifs24,686$2.61M0.13%00.0%Unchanged
China Universal Asset Management Co., Ltd.31,229$2.63M0.22%+2,851+10.0%Added
Maryland State Retirement & Pension System31,326$2.63M0.06%+400+1.3%Added
Securian Asset Management, Inc31,454$2.64M0.07%−1,736−5.2%Reduced
Landscape Capital Management, L.L.C.31,558$2.65M0.17%+31,558New
Synovus Financial Corp31,838$2.68M0.03%+705+2.3%Added
Cumberland Partners Ltd32,500$2.73M0.18%−7,500−18.8%Reduced
Gulf International Bank (UK) Ltd32,769$2.75M0.09%−565−1.7%Reduced
Verition Fund Management LLC32,843$2.76M0.02%+32,843New
Boomfish Wealth Group, LLC33,111$2.78M1.50%+6,027+22.3%Added
Rakuten Investment Management, Inc.12,458$2.78M0.01%+12,458New
Tandem Investment Advisors, Inc.33,281$2.80M0.10%+33,281New
Axecap Investments, LLC33,767$2.84M1.75%−28,063−45.4%Reduced
Account Management LLC34,568$2.91M3.10%00.0%Unchanged
Prime Capital Investment Advisors, LLC34,931$2.94M0.04%−10,643−23.4%Reduced
United Capital Management of KS, Inc.35,312$2.97M0.40%−2,975−7.8%Reduced
Quantitative Investment Management, LLC35,395$2.98M0.41%+30,191+580.1%Added
Capital Fund Management S.A.36,416$3.06M0.03%+21,859+150.2%Added
Flagship Harbor Advisors, LLC36,635$3.08M0.13%+2,828+8.4%Added
Westerkirk Capital Inc.37,000$3.11M0.36%00.0%Unchanged
Brinker Capital Investments, LLC37,298$3.14M0.02%+2,491+7.2%Added
FourThought Financial Partners, LLC37,325$3.14M0.28%+3,048+8.9%Added
MRP Capital Investments, LLC29,788$3.15M2.70%+29,788New
Hartford Investment Management Co38,159$3.21M0.10%−178−0.5%Reduced
Siemens Fonds Invest GmbH38,315$3.22M0.18%−1,317−3.3%Reduced
KCM Investment Advisors LLC39,013$3.28M0.11%+302+0.8%Added
Bokf, NA39,097$3.29M0.05%+12,412+46.5%Added
ICICI Prudential Asset Management Co Ltd39,767$3.34M0.35%+30,175+314.6%Added
Diversify Advisory Services, LLC38,361$3.36M0.11%+27,616+257.0%Added
Kentucky Retirement Systems39,949$3.36M0.09%−494−1.2%Reduced
Migdal Insurance & Financial Holdings Ltd.40,057$3.37M0.04%−1,795−4.3%Reduced
Shaker Investments LLC41,313$3.47M1.39%−72−0.2%Reduced
Oppenheimer & Co Inc41,541$3.49M0.04%−1,208−2.8%Reduced
MinichMacGregor Wealth Management, LLC41,558$3.49M0.68%+41,558New
Roundview Capital LLC42,113$3.54M0.22%+1,743+4.3%Added
Arkadios Wealth Advisors42,121$3.54M0.09%+1,318+3.2%Added
Kestra Advisory Services, LLC42,350$3.56M0.02%+11,660+38.0%Added
HighPoint Advisor Group LLC42,434$3.57M0.17%−28,381−40.1%Reduced
Hancock Whitney Corp42,759$3.60M0.07%−296−0.7%Reduced
Ethic Inc.42,973$3.61M0.06%+1,130+2.7%Added
Insight Wealth Strategies, LLC43,028$3.62M0.43%+757+1.8%Added
Ashton Thomas Private Wealth, LLC43,073$3.62M0.09%+4,623+12.0%Added
Davidson Capital Management Inc.43,171$3.63M0.81%+10,251+31.1%Added
Seascape Capital Management43,274$3.64M1.04%+5,450+14.4%Added
Simmons Bank43,301$3.64M0.24%+1,610+3.9%Added
Omers Administration Corp44,331$3.73M0.03%00.0%Unchanged
Mizuho Securities USA LLC47,438$3.74M0.08%+3,532+8.0%Added
Meridian Management Co44,627$3.75M1.00%+504+1.1%Added
Inspire Advisors, LLC44,669$3.76M0.36%+27,679+162.9%Added
Johnson Financial Group, Inc.44,813$3.77M0.14%+826+1.9%Added
Bank Ozk45,404$3.82M1.35%−1,427−3.0%Reduced
Diversify Wealth Management, LLC43,802$3.83M0.22%+43,802New
KRS Capital Management, LLC46,080$3.87M2.34%00.0%Unchanged
Strategic Planning, Inc.46,169$3.88M2.25%+46,169New
Avanza Fonder AB46,259$3.89M0.10%00.0%Unchanged
Groupe la Francaise46,884$3.93M0.05%−16,216−25.7%Reduced
Anchor Investment Management, LLC46,773$3.93M0.33%−138−0.3%Reduced