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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
Gradient Investments LLC21,003$1.77M0.03%−654−3.0%Reduced
Vinva Investment Management Ltd20,855$1.77M0.04%−22,263−51.6%Reduced
Kovitz Investment Group Partners, LLC20,879$1.76M0.01%−10,740−34.0%Reduced
Lifestyle Asset Management, Inc.20,780$1.75M0.60%+4,731+29.5%Added
Northwestern Mutual Investment Management Company, LLC20,759$1.75M0.03%+492+2.4%Added
APG Asset Management US Inc.20,467$1.74M0.01%00.0%Unchanged
Capstone Investment Advisors, LLC20,628$1.73M0.02%+20,628New
Fifth Third Bancorp20,611$1.73M0.01%−2,881−12.3%Reduced
Patriot Financial Group Insurance Agency, LLC20,349$1.71M0.22%−318−1.5%Reduced
Saturna Capital CORP20,334$1.71M0.02%+3,500+20.8%Added
Farther Finance Advisors, LLC20,321$1.71M0.03%+3,782+22.9%Added
ORBA Wealth Advisors, L.L.C.20,198$1.70M1.40%+68+0.3%Added
D.A. Davidson & Co.20,127$1.69M0.01%−10,884−35.1%Reduced
Ostrum Asset Management20,112$1.69M0.08%+3,721+22.7%Added
Matauro, LLC20,062$1.69M0.27%+20,062New
PKO Investment Management Joint-Stock Co20,000$1.68M0.14%+20,000New
Johnson Investment Counsel Inc19,986$1.68M0.01%+2,218+12.5%Added
Allworth Financial LP19,871$1.67M0.01%+1,139+6.1%Added
Groupama Asset Managment19,790$1.66M0.02%+19,790New
Integrated Wealth Concepts LLC19,646$1.65M0.01%−5,144−20.8%Reduced
IPG Investment Advisors LLC19,454$1.64M0.29%+19,454New
Castle Rock Wealth Management, LLC19,000$1.63M0.36%+2,074+12.3%Added
LSV Asset Management19,335$1.63M0.00%+19,095+7,956.3%Added
Cito Capital Group, LLC19,250$1.62M0.47%+13,600+240.7%Added
RFG Advisory, LLC19,048$1.60M0.03%−7,525−28.3%Reduced
Howard Capital Management Inc.19,002$1.60M0.02%−67−0.4%Reduced
StoneX Group Inc.18,876$1.59M0.07%+2,019+12.0%Added
GAMMA Investing LLC18,787$1.58M0.09%−3,966−17.4%Reduced
Fairtree Asset Management (Pty) Ltd18,731$1.57M1.03%+12,151+184.7%Added
Shell Asset Management Co18,688$1.57M0.16%−47,725−71.9%Reduced
Parallax Volatility Advisers, L.P.18,516$1.56M0.05%−26,367−58.7%Reduced
InTrack Investment Management Inc18,358$1.54M0.92%−400−2.1%Reduced
Leelyn Smith, LLC18,355$1.54M0.23%+2,531+16.0%Added
Maia Wealth LLC18,691$1.54M0.26%+10,152+118.9%Added
Apollon Wealth Management, LLC18,108$1.52M0.03%−3,961−17.9%Reduced
DB Fitzpatrick & Co, Inc17,957$1.51M1.36%+5,072+39.4%Added
WD Rutherford LLC17,900$1.51M0.64%+46+0.3%Added
Envestnet Portfolio Solutions, Inc.17,661$1.48M0.01%−3,585−16.9%Reduced
Access Financial Services, Inc.17,590$1.48M0.54%−178−1.0%Reduced
MUFG Securities Americas Inc.17,564$1.48M0.10%+3,485+24.8%Added
Signaturefd, LLC17,546$1.48M0.02%+1,460+9.1%Added
Virtus Investment Advisers, Inc.17,473$1.47M0.42%+3,860+28.4%Added
Balyasny Asset Management LLC17,469$1.47M0.00%+3,867+28.4%Added
Squarepoint Ops LLC17,373$1.46M0.00%−162,105−90.3%Reduced
SRS Capital Advisors, Inc.17,180$1.44M0.02%+16,128+1,533.1%Added
BNP Paribas17,065$1.44M0.04%−19,259−53.0%Reduced
Assenagon Asset Management S.A.17,163$1.44M0.00%−678−3.8%Reduced
XTX Topco Ltd17,129$1.44M0.07%+17,129New
Greater Midwest Financial Group, LLC16,913$1.42M0.92%+16,913New
Stance Capital LLC16,864$1.42M0.52%+4,099+32.1%Added
CoreCap Advisors, LLC16,778$1.41M0.05%+800+5.0%Added
Kentucky Retirement Systems Insurance Trust Fund16,745$1.41M0.09%−419−2.4%Reduced
Exchange Traded Concepts, LLC16,442$1.38M0.01%+12,984+375.5%Added
Argonautica Private Wealth Management, Inc16,396$1.38M0.40%00.0%Unchanged
Schonfeld Strategic Advisors LLC16,365$1.38M0.01%+16,365New
Harold Davidson & Associates Inc.16,360$1.38M0.63%+4,124+33.7%Added
Capital Planning Advisors, LLC16,254$1.37M0.19%+16,254New
RSM US Wealth Management LLC16,196$1.36M0.02%−2,075−11.4%Reduced
SHUTTLEWORTH & Co16,159$1.36M1.23%+16,159New
KLCM Advisors, Inc.16,125$1.36M0.14%+16,125New
Enterprise Financial Services Corp16,052$1.35M0.70%−394−2.4%Reduced
FIL Ltd15,962$1.34M0.00%+14,482+978.5%Added
Fox Hill Wealth Management15,948$1.34M0.63%−232−1.4%Reduced
Plato Investment Management Ltd16,068$1.34M0.09%00.0%Unchanged
Huntington National Bank15,903$1.34M0.01%−693−4.2%Reduced
Sequoia Financial Advisors, LLC15,863$1.33M0.01%−4,236−21.1%Reduced
Cullen/Frost Bankers, Inc.15,726$1.32M0.02%−160−1.0%Reduced
Stone Run Capital, LLC15,650$1.32M0.52%−200−1.3%Reduced
TRUE Private Wealth Advisors15,631$1.31M0.13%−573−3.5%Reduced
Vise Technologies, Inc.15,591$1.31M0.05%−6,460−29.3%Reduced
Cooper Financial Group15,588$1.31M0.15%−9,510−37.9%Reduced
United Capital Financial Advisers, LLC15,561$1.31M0.01%−2,669−14.6%Reduced
Alteri Wealth LLC15,533$1.31M0.45%−23−0.1%Reduced
Kesler, Norman & Wride, LLC13,674$1.29M0.25%+1,845+15.6%Added
First United Bank Trust15,335$1.29M0.42%−3,780−19.8%Reduced
Citizens Financial Group Inc15,314$1.29M0.02%+1,290+9.2%Added
Park Avenue Securities LLC15,245$1.28M0.01%−31,536−67.4%Reduced
Valeo Financial Advisors, LLC15,239$1.28M0.03%+3,405+28.8%Added
Fragasso Group Inc.14,925$1.28M0.08%+594+4.1%Added
J.W. Cole Advisors, Inc.15,219$1.28M0.02%−2,518−14.2%Reduced
Adviser Investments LLC15,125$1.27M0.01%00.0%Unchanged
Erste Asset Management GmbH15,288$1.27M0.01%−183,128−92.3%Reduced
Duncan Williams Asset Management, LLC15,093$1.27M0.36%+429+2.9%Added
V-Square Quantitative Management LLC14,887$1.25M0.21%−191−1.3%Reduced
Kepler Cheuvreux (Suisse) SA14,857$1.25M0.07%+14,857New
Aptus Capital Advisors, LLC14,804$1.24M0.01%+1,562+11.8%Added
Lion Street Advisors, LLC3,690$1.24M0.43%−14,502−79.7%Reduced
DMG Group, LLC14,744$1.24M0.86%+22+0.1%Added
Groesbeck Investment Management Corp14,649$1.23M2.40%00.0%Unchanged
Empirical Asset Management, LLC14,624$1.23M0.34%+4,874+50.0%Added
MASTERINVEST Kapitalanlage GmbH14,614$1.23M0.12%−11,283−43.6%Reduced
Orion Capital Management LLC14,603$1.23M0.43%+1,000+7.4%Added
Stenger Family Office, LLC14,331$1.22M0.26%+14,331New
Wedbush Securities Inc14,518$1.22M0.04%−1,770−10.9%Reduced
JGP Wealth Management, LLC14,083$1.22M0.13%+305+2.2%Added
Brighton Jones LLC14,447$1.21M0.03%−10,314−41.7%Reduced
Stephens Inc14,438$1.21M0.02%−20,810−59.0%Reduced
Frank, Rimerman Advisors LLC14,432$1.21M0.08%−379−2.6%Reduced
Quadrant Capital Group LLC14,291$1.20M0.04%−4,538−24.1%Reduced
Principal Securities, Inc.14,238$1.20M0.02%−2,434−14.6%Reduced