Fortinet, Inc.

FTNT

Exchange: Nasdaq
Industry: Computer Peripheral Equipment, NEC
SEC CIK: 0001262039

SEC filings (opens in a new tab)

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.

Institutional holdersQ4 2025: 1,331 institutions

Value heldQ4 2025: $40.6B

Institutions holding FTNT and their total value by quarter
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.

Institutions holding FTNT in Q4 2025
Institution	Shares	Value	% of portfolio	Change in shares	Action
ROSS\JOHNSON & Associates LLC	1	$79	0.00%	00.0%	Unchanged
Fideuram - Intesa Sanpaolo Private Banking S.P.A.	1	$79	0.00%	+1	New
Winnow Wealth LLC	1	$80	0.00%	−21−95.5%	Reduced
Beaird Harris Wealth Management, LLC	2	$159	0.00%	00.0%	Unchanged
Caitong International Asset Management Co., Ltd	2	$159	0.00%	+2	New
Osbon Capital Management LLC	3	$238	0.00%	+3	New
NorthAvenue LLC	3	$239	0.00%	+3	New
Bridge Generations Wealth Management LLC	4	$318	0.00%	00.0%	Unchanged
Trust Co	4	$318	0.00%	+4	New
Tucker Asset Management LLC	4	$318	0.00%	+4	New
Quattro Advisors LLC	5	$397	0.00%	+5	New
DecisionPoint Financial, LLC	5	$398	0.00%	00.0%	Unchanged
DHJJ Financial Advisors, Ltd.	5	$398	0.00%	00.0%	Unchanged
Cherry Tree Wealth Management, LLC	5	$398	0.00%	00.0%	Unchanged
Bare Financial Services, Inc	6	$476	0.00%	−23−79.3%	Reduced
Davis Capital Management	6	$476	0.00%	00.0%	Unchanged
Retirement Wealth Solutions LLC	6	$477	0.00%	+2+50.0%	Added
Stephens Consulting, LLC	6	$477	0.00%	+6	New
Seneschal Advisors, LLC	7	$556	0.00%	00.0%	Unchanged
Laurel Wealth Advisors LLC	7	$556	0.00%	+7	New
Investors Portfolio Services LLC	7	$564	0.00%	+7	New
Legacy Bridge, LLC	8	$636	0.00%	+8	New
WestEnd Advisors, LLC	10	$794	0.00%	−2−16.7%	Reduced
Brown, Lisle/Cummings, Inc.	10	$794	0.00%	00.0%	Unchanged
Financial Management Professionals, Inc.	10	$794	0.00%	00.0%	Unchanged
Alexis Investment Partners, LLC	10	$794	0.00%	00.0%	Unchanged
Luken Investment Analytics, LLC	10	$794	0.00%	+10	New
Elevated Capital Advisors, LLC	10	$794	0.00%	+10	New
HFM Investment Advisors, LLC	10	$795	0.00%	−1−9.1%	Reduced
Three Bearings Fiduciary Advisors, Inc.	10	$813	0.00%	+10	New
Mascoma Wealth Management LLC	11	$874	0.00%	+11	New
Networth Advisors, LLC	12	$953	0.00%	+12	New
Valley National Advisers Inc	25	$1.00K	0.00%	+9+56.3%	Added
PayPay Securities Corp	13	$1.03K	0.03%	+2+18.2%	Added
Whipplewood Advisors, LLC	15	$1.19K	0.00%	+15	New
American Capital Advisory, LLC	15	$1.19K	0.00%	+2+15.4%	Added
NVWM, LLC	19	$1.51K	0.00%	+10+111.1%	Added
First Command Advisory Services, Inc.	21	$1.67K	0.00%	00.0%	Unchanged
1015 Capital Partners, LLC	24	$1.91K	0.00%	+24	New
Quest 10 Wealth Builders, Inc.	25	$1.99K	0.00%	−25−50.0%	Reduced
Clean Yield Group	25	$1.99K	0.00%	00.0%	Unchanged
Aspect Partners, LLC	26	$2.06K	0.00%	+3+13.0%	Added
IMA Wealth, Inc.	27	$2.14K	0.00%	+24+800.0%	Added
Rialto Wealth Management, LLC	29	$2.30K	0.00%	+10+52.6%	Added
Greenline Wealth Management LLC	30	$2.35K	0.00%	+30	New
Thurston, Springer, Miller, Herd & Titak, Inc.	30	$2.38K	0.00%	+30	New
Vermillion Wealth Management, Inc.	31	$2.46K	0.00%	00.0%	Unchanged
Highline Wealth Partners LLC	32	$2.54K	0.00%	−37−53.6%	Reduced
Cape Investment Advisory, Inc.	35	$2.78K	0.00%	00.0%	Unchanged
Ankerstar Wealth, LLC	35	$2.78K	0.00%	+35	New
Kohmann Bosshard Financial Services, LLC	37	$2.89K	0.00%	+37	New
Legacy Wealth Managment, LLC	39	$3.10K	0.00%	+39	New
High Note Wealth, LLC	40	$3.18K	0.00%	+38+1,900.0%	Added
Optima Capital LLC	43	$3.41K	0.00%	+43	New
Concord Wealth Partners	43	$3.42K	0.00%	00.0%	Unchanged
Bay Harbor Wealth Management, LLC	45	$3.57K	0.00%	+27+150.0%	Added
Vision Retirement, LLC	45	$3.57K	0.00%	+45	New
Adirondack Trust Co	46	$3.65K	0.00%	00.0%	Unchanged
Principia Wealth Advisory, LLC	46	$3.65K	0.00%	+7+17.9%	Added
Bank of Jackson Hole Trust	47	$3.73K	0.00%	+47	New
Lodestone Wealth Management LLC	48	$3.81K	0.00%	+48	New
Turning Point Benefit Group, Inc.	50	$3.97K	0.00%	+24+92.3%	Added
Strive Financial Group ,LLC	50	$3.97K	0.00%	+50	New
JNBA Financial Advisors	50	$3.97K	0.00%	00.0%	Unchanged
Atlantic Edge Private Wealth Management, LLC	50	$3.97K	0.00%	00.0%	Unchanged
Monetary Solutions, Ltd	50	$3.97K	0.00%	+50	New
Motiv8 Investments LLC	48	$4.00K	0.00%	+48	New
Dogwood Wealth Management LLC	51	$4.05K	0.00%	+51	New
Marshall & Sterling Wealth Advisors Inc.	52	$4.13K	0.00%	00.0%	Unchanged
Signature Resources Capital Management, LLC	53	$4.21K	0.00%	00.0%	Unchanged
DiNuzzo Private Wealth, Inc.	58	$4.61K	0.00%	+5+9.4%	Added
McMillan Office, Inc.	58	$4.61K	0.00%	+58	New
UMA Financial Services, Inc.	60	$4.76K	0.00%	−93−60.8%	Reduced
SWAN Capital LLC	62	$4.92K	0.00%	00.0%	Unchanged
Navalign, LLC	62	$4.92K	0.00%	+62	New
Cornerstone Financial Management LLC	65	$5.16K	0.00%	+65	New
Joseph Group Capital Management	66	$5.24K	0.00%	+66	New
Virtus ETF Advisers LLC	68	$5.40K	0.00%	−770−91.9%	Reduced
Solstein Capital, LLC	72	$5.72K	0.00%	00.0%	Unchanged
Valued Wealth Advisors LLC	72	$5.72K	0.00%	+14+24.1%	Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP	72	$5.73K	0.00%	+72	New
McGuire Capital Advisors Inc	73	$5.80K	0.00%	+73	New
LRI Investments, LLC	75	$5.96K	0.00%	00.0%	Unchanged
Princeton Global Asset Management LLC	78	$6.19K	0.00%	00.0%	Unchanged
Mowery & Schoenfeld Wealth Management, LLC	80	$6.35K	0.01%	00.0%	Unchanged
WPG Advisers, LLC	89	$7.07K	0.01%	00.0%	Unchanged
Bayban	89	$7.07K	0.01%	+89	New
Addison Advisors LLC	90	$7.15K	0.00%	+90	New
Raffa Wealth Management, LLC	94	$7.46K	0.00%	−110−53.9%	Reduced
Kozak & Associates, Inc.	100	$7.92K	0.00%	00.0%	Unchanged
Financial Consulate, Inc	100	$7.94K	0.00%	−200−66.7%	Reduced
Tradewinds Capital Management, LLC	100	$7.94K	0.00%	00.0%	Unchanged
Strategic Wealth Partners, Ltd.	100	$7.94K	0.00%	00.0%	Unchanged
Glen Eagle Advisors, LLC	100	$7.94K	0.00%	00.0%	Unchanged
GHP Investment Advisors, Inc.	100	$7.94K	0.00%	+100	New
Ogorek Anthony Joseph	112	$8.00K	0.00%	+33+41.8%	Added
Evelyn Partners Investment Management LLP	103	$8.18K	0.00%	00.0%	Unchanged
Harbor Investment Advisory, LLC	104	$8.26K	0.00%	00.0%	Unchanged
DT Investment Partners, LLC	105	$8.34K	0.00%	−52−33.1%	Reduced
Abound Wealth Management	110	$8.74K	0.00%	+20+22.2%	Added