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, Q4 2025
Institutional positions in Fortinet, Inc. as of Dec 31, 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
- 1,331
- +84 vs. Q3 2025
- Shares held
- 511.3M
- +31.3M (+6.5%) vs. Q3 2025
- Total value
- $40.6B
- +$236.4M (+0.6%) vs. Q3 2025
- New holders
- 208
- 490 more added
- Sold out
- 124
- 484 more reduced
30 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,589 | $77.6B |
| Q1 2026 | 1,332 | $40.3B |
| Q4 2025 | 1,331 | $40.6B |
| Q3 2025 | 1,277 | $40.6B |
| Q2 2025 | 1,385 | $54.6B |
| Q1 2025 | 1,357 | $49.3B |
| Q4 2024 | 1,297 | $48.4B |
| Q3 2024 | 1,127 | $38.9B |
| Q2 2024 | 1,074 | $30.5B |
| Q1 2024 | 1,115 | $34.4B |
| Q4 2023 | 1,068 | $29.0B |
| Q3 2023 | 1,074 | $30.0B |
| Q2 2023 | 1,106 | $39.4B |
| Q1 2023 | 999 | $34.7B |
| Q4 2022 | 956 | $25.9B |
| Q3 2022 | 894 | $25.2B |
| Q2 2022 | 938 | $29.6B |
| Q1 2022 | 955 | $36.7B |
| Q4 2021 | 978 | $39.1B |
| Q3 2021 | 871 | $32.6B |
| Q2 2021 | 795 | $27.1B |
| Q1 2021 | 732 | $21.5B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 73,745,561 | $5.86B | 0.08% | −1,835,714−2.4% | Reduced |
| BlackRock, Inc. | 61,215,505 | $4.86B | 0.08% | −910,973−1.5% | Reduced |
| State Street Corp | 29,140,849 | $2.31B | 0.08% | −519,709−1.8% | Reduced |
| Invesco Ltd. | 27,539,508 | $2.19B | 0.21% | +16,722,989+154.6% | Added |
| Geode Capital Management, LLC | 16,975,909 | $1.35B | 0.08% | −205,862−1.2% | Reduced |
| Norges Bank | 14,518,531 | $1.15B | 0.12% | +14,518,531 | New |
| Bank of New York Mellon Corp | 14,504,597 | $1.15B | 0.20% | +893,190+6.6% | Added |
| Morgan Stanley | 8,312,273 | $660.1M | 0.04% | −2,446,221−22.7% | Reduced |
| Goldman Sachs Group Inc | 8,123,382 | $645.1M | 0.09% | +3,078,896+61.0% | Added |
| First Trust Advisors LP | 7,907,686 | $627.9M | 0.46% | +332,024+4.4% | Added |
| Van Eck Associates Corp | 7,730,954 | $613.9M | 0.51% | +2,166,396+38.9% | Added |
| Nordea Investment Management AB | 6,905,674 | $550.3M | 0.47% | −16,357−0.2% | Reduced |
| Legal & General Group Plc | 6,905,567 | $548.4M | 0.12% | +790,117+12.9% | Added |
| Deutsche Bank AG | 6,732,152 | $534.6M | 0.17% | +1,020,515+17.9% | Added |
| UBS Asset Management Americas Inc | 6,615,443 | $525.3M | 0.11% | +251,449+4.0% | Added |
| Fundsmith LLPSuperinvestorFundsmith | 6,516,011 | $517.4M | 3.02% | −1,904,081−22.6% | Reduced |
| Northern Trust Corp | 6,366,265 | $505.5M | 0.06% | −447,980−6.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 5,150,830 | $409.0M | 0.24% | +506,847+10.9% | Added |
| Ameriprise Financial Inc | 4,587,030 | $370.3M | 0.08% | −573,318−11.1% | Reduced |
| Charles Schwab Investment Management Inc | 4,528,790 | $359.6M | 0.06% | +4,603+0.1% | Added |
| Dimensional Fund Advisors LP | 4,361,390 | $346.4M | 0.07% | +515,226+13.4% | Added |
| Bank of America Corp | 4,196,944 | $333.3M | 0.02% | +519,337+14.1% | Added |
| Price T Rowe Associates Inc | 4,152,703 | $329.8M | 0.04% | −2,060,109−33.2% | Reduced |
| AQR Capital Management LLC | 4,109,016 | $326.3M | 0.17% | +1,777,115+76.2% | Added |
| Amundi | 3,621,646 | $287.6M | 0.08% | +333,267+10.1% | Added |
| FMR LLC | 3,592,559 | $285.3M | 0.01% | −262,953−6.8% | Reduced |
| Swedbank AB | 3,564,910 | $283.1M | 0.27% | −910,531−20.3% | Reduced |
| Pictet Asset Management Holding SA | 3,155,993 | $250.7M | 0.24% | +630,369+25.0% | Added |
| Bessemer Group Inc | 3,141,632 | $249.5M | 0.38% | −97,159−3.0% | Reduced |
| UBS Group AG | 2,955,415 | $234.7M | 0.05% | −363,576−11.0% | Reduced |
| Jacobs Levy Equity Management, Inc | 2,917,952 | $231.7M | 0.89% | +829,407+39.7% | Added |
| Sarasin & Partners LLP | 2,778,041 | $220.6M | 2.29% | −115,962−4.0% | Reduced |
| JPMorgan Chase & Co | 2,768,033 | $219.8M | 0.01% | −1,186,287−30.0% | Reduced |
| Barclays PLC | 2,759,387 | $219.1M | 0.09% | −1,018,579−27.0% | Reduced |
| Royal Bank of Canada | 2,543,440 | $202.0M | 0.04% | +590,406+30.2% | Added |
| Citigroup Inc | 2,536,371 | $201.4M | 0.14% | −293,984−10.4% | Reduced |
| Robeco Institutional Asset Management B.V. | 2,522,604 | $200.3M | 0.29% | +892,969+54.8% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,943,490 | $154.4M | 0.23% | +306,883+18.8% | Added |
| Bank of Montreal | 1,875,591 | $150.6M | 0.06% | −30,685−1.6% | Reduced |
| Two Sigma Advisers, LP | 1,838,720 | $146.0M | 0.28% | +46,400+2.6% | Added |
| Nuveen, LLC | 1,822,092 | $144.7M | 0.04% | +328,866+22.0% | Added |
| Fundsmith Investment Services Ltd. | 1,818,233 | $144.4M | 2.64% | −461,499−20.2% | Reduced |
| Swiss National Bank | 1,784,800 | $141.7M | 0.08% | −90,600−4.8% | Reduced |
| D. E. Shaw & Co., Inc. | 1,754,483 | $139.3M | 0.11% | +753,370+75.3% | Added |
| BNP Paribas Arbitrage, SA | 1,675,881 | $133.1M | 0.08% | +313,455+23.0% | Added |
| Victory Capital Management Inc | 1,667,582 | $132.4M | 0.07% | +15,899+1.0% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,615,265 | $128.3M | 0.08% | −41,623−2.5% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,612,613 | $128.1M | 0.15% | +241,980+17.7% | Added |
| Voya Investment Management LLC | 1,604,757 | $127.4M | 0.13% | −20,419−1.3% | Reduced |
| Worldquant Millennium Advisors LLC | 1,582,366 | $125.7M | 0.49% | +1,582,366 | New |
| HSBC Holdings PLC | 1,569,290 | $124.8M | 0.07% | −519,248−24.9% | Reduced |
| Vident Advisory, LLC | 1,405,960 | $111.6M | 1.05% | +24,772+1.8% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 1,409,465 | $109.8M | 0.07% | +46,174+3.4% | Added |
| Canada Pension Plan Investment Board | 1,318,488 | $104.7M | 0.07% | +865,073+190.8% | Added |
| ProShare Advisors LLC | 1,310,922 | $104.1M | 0.18% | −663,520−33.6% | Reduced |
| Penserra Capital Management LLC | 1,287,910 | $102.3M | 1.22% | −68,212−5.0% | Reduced |
| Capital World Investors | 1,262,511 | $100.3M | 0.01% | +1,262,511 | New |
| CCLA Investment Management Ltd | 1,253,998 | $99.6M | 1.60% | −232,660−15.6% | Reduced |
| Montrusco Bolton Investments Inc. | 1,228,784 | $97.6M | 1.22% | −8,108−0.7% | Reduced |
| National Pension Service | 1,220,008 | $96.9M | 0.07% | −1,003,190−45.1% | Reduced |
| Millennium Management LLC | 1,199,606 | $95.3M | 0.07% | +705,688+142.9% | Added |
| Rhumbline Advisers | 1,190,392 | $94.5M | 0.08% | −32,852−2.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 1,150,161 | $91.3M | 0.20% | −51,764−4.3% | Reduced |
| California Public Employees Retirement System | 1,148,564 | $91.2M | 0.05% | −459,795−28.6% | Reduced |
| Two Sigma Investments, LP | 1,141,980 | $90.7M | 0.14% | −181,431−13.7% | Reduced |
| Citadel Advisors LLC | 1,101,413 | $87.5M | 0.06% | +82,643+8.1% | Added |
| Royal London Asset Management Ltd | 1,047,940 | $83.2M | 0.18% | −24,154−2.3% | Reduced |
| Marshall Wace, LLP | 1,006,400 | $79.9M | 0.08% | +506,400+101.3% | Added |
| Russell Investments Group, Ltd. | 1,004,686 | $79.9M | 0.09% | +129,433+14.8% | Added |
| California State Teachers Retirement System | 970,561 | $77.1M | 0.08% | −11,251−1.1% | Reduced |
| Empower Advisory Group, LLC | 966,752 | $76.8M | 0.21% | −34,105−3.4% | Reduced |
| TD Asset Management Inc | 951,517 | $75.6M | 0.06% | −40,351−4.1% | Reduced |
| American Capital Management Inc | 925,753 | $73.5M | 3.24% | −37,605−3.9% | Reduced |
| Voloridge Investment Management, LLC | 911,933 | $72.4M | 0.25% | +911,933 | New |
| SG Americas Securities, LLC | 867,858 | $68.9M | 0.09% | +707,147+440.0% | Added |
| Stifel Financial Corp | 814,317 | $64.7M | 0.06% | −36,820−4.3% | Reduced |
| National Bank of Canada | 800,386 | $63.6M | 0.07% | +509,805+175.4% | Added |
| Principal Financial Group Inc | 787,234 | $62.5M | 0.03% | +3,739+0.5% | Added |
| Wells Fargo & Company | 775,483 | $61.6M | 0.01% | −29,654−3.7% | Reduced |
| Great West Life Assurance Co | 769,584 | $61.1M | 0.11% | −106,710−12.2% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 767,758 | $61.0M | 0.14% | −484,204−38.7% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 755,286 | $60.2M | 0.10% | −74,095−8.9% | Reduced |
| HRT Financial LP | 729,471 | $57.9M | 0.18% | +729,471 | New |
| Allianz Asset Management GmbH | 728,402 | $57.8M | 0.07% | −1,645,278−69.3% | Reduced |
| Clearbridge Investments, LLC | 708,668 | $56.3M | 0.05% | −265,667−27.3% | Reduced |
| New York State Common Retirement Fund | 707,857 | $56.2M | 0.08% | −75,600−9.6% | Reduced |
| Alliancebernstein L.P. | 701,654 | $55.7M | 0.02% | −3,294−0.5% | Reduced |
| Ossiam | 691,803 | $54.9M | 1.10% | −21,202−3.0% | Reduced |
| Man Group plc | 678,455 | $53.9M | 0.10% | −86,190−11.3% | Reduced |
| Jones Financial Companies LLLP | 664,931 | $52.8M | 0.03% | +34,516+5.5% | Added |
| King Luther Capital Management Corp | 664,371 | $52.8M | 0.21% | −7,273−1.1% | Reduced |
| Jain Global LLC | 612,563 | $48.6M | 0.48% | +612,563 | New |
| Pinebridge Investments LLC | 609,007 | $48.4M | 0.36% | +609,007 | New |
| Qube Research & Technologies Ltd | 604,497 | $48.0M | 0.07% | +604,497 | New |
| New York State Teachers Retirement System | 594,821 | $47.2M | 0.09% | −12,602−2.1% | Reduced |
| Argent Capital Management LLC | 586,688 | $46.6M | 1.32% | −23,088−3.8% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 572,523 | $45.5M | 0.08% | −540,617−48.6% | Reduced |
| Holocene Advisors, LP | 563,000 | $44.7M | 0.09% | 00.0% | Unchanged |
| Virginia Retirement Systems Et Al | 560,747 | $44.5M | 0.26% | +155,500+38.4% | Added |
| PFA Pension, Forsikringsaktieselskab | 553,188 | $44.4M | 0.13% | +553,188 | New |