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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
Mackenzie Financial Corp188,093$15.8M0.02%−48,120−20.4%Reduced
Cetera Investment Advisers187,876$15.8M0.02%+23,148+14.1%Added
Bank Julius Baer & Co. Ltd, Zurich187,239$15.7M0.04%−86,702−31.6%Reduced
Blair William & Co186,845$15.7M0.04%−15,618−7.7%Reduced
Mariner, LLC186,495$15.7M0.02%−54,294−22.5%Reduced
Nissay Asset Management Corp186,383$15.7M0.09%+3,016+1.6%Added
Barlow Wealth Partners, Inc.183,962$15.6M1.73%+5,278+3.0%Added
Gotham Asset Management, LLC185,153$15.6M0.07%−36,914−16.6%Reduced
Willis Investment Counsel183,300$15.4M0.84%+52,852+40.5%Added
Pine Valley Investments Ltd Liability Co182,355$15.3M0.80%+47,570+35.3%Added
DnB Asset Management AS171,363$14.4M0.05%+12,433+7.8%Added
Baltimore-Washington Financial Advisors, Inc.169,836$14.3M0.61%+2,883+1.7%Added
Walleye Trading LLC169,401$14.2M0.23%+169,401New
Czech National Bank165,423$13.9M0.10%+10,135+6.5%Added
SG Americas Securities, LLC160,711$13.5M0.05%+134,763+519.4%Added
Lido Advisors, LLC160,668$13.5M0.06%+36,333+29.2%Added
State of Tennessee, Treasury Department160,309$13.5M0.04%−63,453−28.4%Reduced
Trexquant Investment LP158,045$13.3M0.14%+6,359+4.2%Added
Teacher Retirement System of Texas157,027$13.2M0.05%−229,352−59.4%Reduced
Peak Asset Management, LLC156,920$13.2M2.30%+23,827+17.9%Added
Ilmarinen Mutual Pension Insurance Co156,860$13.2M0.10%+19,360+14.1%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys156,407$13.2M0.07%+597+0.4%Added
Wilkins Investment Counsel Inc156,284$13.1M1.86%−10,789−6.5%Reduced
Xponance, Inc.155,849$13.1M0.10%+690.0%Added
GF Fund Management Co. Ltd.152,442$12.8M0.23%−91,528−37.5%Reduced
Ieq Capital, LLC152,200$12.8M0.04%−239,311−61.1%Reduced
Thrivent Financial for Lutherans152,193$12.8M0.03%−1,308,463−89.6%Reduced
Amalgamated Bank151,040$12.7M0.09%+4,143+2.8%Added
STRS Ohio149,995$12.6M0.05%−15,679−9.5%Reduced
Freestone Grove Partners LP149,932$12.6M0.09%+102,912+218.9%Added
Sawgrass Asset Management LLC145,787$12.3M1.51%+52,117+55.6%Added
IMC-Chicago, LLC144,391$12.1M0.22%+102,481+244.5%Added
Nisa Investment Advisors, LLC143,541$12.1M0.05%−61,119−29.9%Reduced
First Horizon Corp142,328$12.0M0.56%+142,328New
Voleon Capital Management LP140,453$11.8M0.29%+135,240+2,594.3%Added
Swiss Life Asset Management Ltd140,355$11.8M0.06%−39,358−21.9%Reduced
Merit Financial Group, LLC139,812$11.8M0.11%−17,708−11.2%Reduced
Retirement Systems of Alabama138,940$11.7M0.04%+138,940New
Meritage Portfolio Management138,758$11.7M0.78%−109,678−44.1%Reduced
CI Private Wealth, LLC138,229$11.6M0.02%+31,866+30.0%Added
Callahan Advisors, LLC137,796$11.6M0.98%+2,555+1.9%Added
Fulcrum Capital LLC137,582$11.6M2.37%+4,739+3.6%Added
Crossmark Global Holdings, Inc.136,181$11.5M0.17%−94,164−40.9%Reduced
UniSuper Management Pty Ltd134,559$11.3M0.07%+5,950+4.6%Added
Allspring Global Investments Holdings, LLC131,373$11.2M0.02%−1,539−1.2%Reduced
ING Groep NV128,147$10.8M0.06%+7,612+6.3%Added
Commonwealth Equity Services, LLC127,925$10.8M0.01%−35,567−21.8%Reduced
IFM Investors Pty Ltd126,630$10.7M0.09%−2,293−1.8%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main126,551$10.6M0.01%−2,426,305−95.0%Reduced
Leonteq Securities AG125,805$10.6M0.57%+92,038+272.6%Added
Illinois Municipal Retirement Fund125,712$10.6M0.14%+7,544+6.4%Added
Fiera Capital Corp123,558$10.4M0.03%−812,981−86.8%Reduced
Elo Mutual Pension Insurance Co121,011$10.2M0.17%+35,110+40.9%Added
Foster Victor Wealth Advisors, LLC115,967$9.95M0.62%+32,826+39.5%Added
CIBC Bancorp USA Inc.117,889$9.91M0.06%+117,889New
Varma Mutual Pension Insurance Co114,400$9.62M0.06%+9,200+8.7%Added
Comerica Bank112,411$9.45M0.04%−47,885−29.9%Reduced
Sanibel Captiva Trust Company, Inc.112,190$9.43M0.27%−3,940−3.4%Reduced
Assetmark, Inc110,941$9.33M0.02%+2,092+1.9%Added
Natixis110,793$9.32M0.05%+52,464+89.9%Added
Weatherly Asset Management L. P.109,691$9.22M0.76%−3,860−3.4%Reduced
Gamco Investors, Inc. Et Al107,320$9.02M0.09%−800−0.7%Reduced
JustInvest LLC106,792$8.98M0.09%−13,568−11.3%Reduced
Federation des caisses Desjardins du Quebec106,372$8.94M0.04%+3,066+3.0%Added
Utah Retirement Systems105,048$8.83M0.09%+873+0.8%Added
Knuff & Co LLC104,975$8.83M2.56%−2,950−2.7%Reduced
Scotia Capital Inc.103,872$8.73M0.04%−14,871−12.5%Reduced
Police & Firemen's Retirement System of New Jersey102,375$8.61M0.07%+6,038+6.3%Added
USS Investment Management Ltd101,333$8.52M0.04%00.0%Unchanged
Integrated Advisors Network LLC99,298$8.35M0.35%+18,118+22.3%Added
Modera Wealth Management, LLC99,258$8.35M0.10%−4,170−4.0%Reduced
Altrafin AG97,865$8.23M2.61%+42,235+75.9%Added
LVM Capital Management Ltd97,662$8.21M0.79%+7,605+8.4%Added
CWM Advisors, LLC97,584$8.20M0.80%−681−0.7%Reduced
Stephens Investment Management Group LLC97,291$8.18M0.11%−18,550−16.0%Reduced
New York Life Investment Management LLC95,233$8.01M0.07%+227+0.2%Added
Wilson Asset Management (International) Pty Ltd95,000$7.99M1.98%+95,000New
Brown Advisory Inc94,720$7.96M0.01%−1,261−1.3%Reduced
British Columbia Investment Management Corp93,508$7.86M0.05%−9,357−9.1%Reduced
GDS Wealth Management93,142$7.83M0.52%+17,527+23.2%Added
Terry L. Blaker92,925$7.81M0.29%+1,290+1.4%Added
Jump Financial, LLC92,607$7.79M0.10%+49,376+114.2%Added
Mercer Global Advisors Inc90,853$7.64M0.01%−10,046−10.0%Reduced
Cambridge Investment Research Advisors, Inc.90,390$7.60M0.02%−16,557−15.5%Reduced
B. Metzler seel. Sohn & Co. AG90,390$7.60M0.07%+35,415+64.4%Added
Ravenstone Capital Management Inc.90,198$7.58M3.71%−645−0.7%Reduced
Louisiana State Employees Retirement System90,100$7.58M0.13%+600+0.7%Added
Private Wealth Partners, LLC90,000$7.57M0.54%00.0%Unchanged
Geneos Wealth Management Inc.88,859$7.47M0.19%+6,925+8.5%Added
iA Global Asset Management Inc.88,725$7.46M0.10%+3,794+4.5%Added
Zacks Investment Management88,651$7.45M0.06%−168,912−65.6%Reduced
Carderock Capital Management Inc88,521$7.44M1.81%−410.0%Reduced
Walleye Capital LLC87,625$7.37M0.06%+87,233+22,253.3%Added
Raiffeisen Bank International AG86,376$7.31M0.10%+2,086+2.5%Added
First National Bank of Mount Dora, Trust Investment Services86,627$7.28M1.61%+31,795+58.0%Added
Wealthfront Advisers LLC85,576$7.20M0.02%+14,049+19.6%Added
Palmer Knight Co84,953$7.14M3.38%+15,680+22.6%Added
Public Employees Retirement Association of Colorado84,791$7.13M0.03%−2,092−2.4%Reduced
LGT Fund Management Co Ltd.80,329$6.84M0.55%−1,797−2.2%Reduced
Mutual of America Capital Management LLC81,209$6.83M0.07%−20,577−20.2%Reduced