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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, 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
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 heldQ4 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, 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
InstitutionSharesValue% of portfolioChange in sharesAction
Simplex Trading, LLC36,413$2.89M0.08%+36,413New
Hartford Investment Management Co36,531$2.90M0.09%−1,628−4.3%Reduced
Kestra Advisory Services, LLC37,007$2.94M0.01%−5,343−12.6%Reduced
United Capital Management of KS, Inc.37,824$3.00M0.42%+2,512+7.1%Added
Siemens Fonds Invest GmbH37,668$3.03M0.16%−647−1.7%Reduced
FourThought Financial Partners, LLC38,456$3.05M0.26%+1,131+3.0%Added
Migdal Insurance & Financial Holdings Ltd.38,466$3.06M0.03%−1,591−4.0%Reduced
Fairtree Asset Management (Pty) Ltd38,622$3.07M1.41%+19,891+106.2%Added
Kentucky Retirement Systems39,949$3.17M0.09%00.0%Unchanged
Gateway Investment Advisers LLC40,138$3.19M0.03%+18,149+82.5%Added
Manhattan West Asset Management, LLC40,640$3.23M0.66%−6,396−13.6%Reduced
KCM Investment Advisors LLC40,653$3.23M0.10%+1,640+4.2%Added
WCG Wealth Advisors LLC41,009$3.26M0.09%+41,009New
Roundview Capital LLC41,224$3.27M0.20%−889−2.1%Reduced
CAPROCK Group, Inc.41,574$3.30M0.07%+9,453+29.4%Added
Diversify Advisory Services, LLC44,677$3.37M0.11%+6,316+16.5%Added
Knollwood Investment Advisory, LLC42,771$3.40M0.32%−18,556−30.3%Reduced
Bank Ozk42,844$3.40M1.20%−2,560−5.6%Reduced
Simmons Bank43,134$3.43M0.23%−167−0.4%Reduced
Pinnacle Financial Partners, Inc.43,171$3.43M0.03%+43,171New
Pathstone Holdings, LLC43,431$3.45M0.01%−7,326−14.4%Reduced
Evergreen Private Wealth LLC43,703$3.47M1.37%+18,291+72.0%Added
Strategic Planning, Inc.43,800$3.48M1.87%−2,369−5.1%Reduced
Davidson Capital Management Inc.43,838$3.48M0.75%+667+1.5%Added
Trilogy Capital Inc.44,152$3.51M0.16%+14,076+46.8%Added
Ashton Thomas Private Wealth, LLC44,742$3.55M0.09%+1,669+3.9%Added
LGT Fund Management Co Ltd.44,400$3.57M0.28%−35,929−44.7%Reduced
Decatur Capital Management, Inc.45,102$3.58M1.46%−2,361−5.0%Reduced
Tandem Investment Advisors, Inc.45,243$3.59M0.13%+11,962+35.9%Added
Vestcor Inc45,409$3.61M0.10%+17,511+62.8%Added
Groupe la Francaise45,751$3.63M0.05%−1,133−2.4%Reduced
KRS Capital Management, LLC45,980$3.65M2.10%−100−0.2%Reduced
Avanza Fonder AB46,259$3.67M0.09%00.0%Unchanged
Meridian Management Co46,668$3.71M0.92%+2,041+4.6%Added
Steward Partners Investment Advisory, LLC47,012$3.73M0.02%−237−0.5%Reduced
Seascape Capital Management47,021$3.73M1.06%+3,747+8.7%Added
Mizuho Securities USA LLC46,025$3.73M0.06%−1,413−3.0%Reduced
Inspire Trust Co, N.A.47,500$3.77M0.62%−2,000−4.0%Reduced
Generali Asset Management SPA SGR47,993$3.81M0.08%+23,451+95.6%Added
Signet Financial Management, LLC48,056$3.82M0.43%−447−0.9%Reduced
S&T Bank48,279$3.83M1.21%−11,967−19.9%Reduced
CWA Asset Management Group, LLC48,443$3.85M0.14%−2,109−4.2%Reduced
Investment Management Corp of Ontario48,451$3.85M0.05%+17,910+58.6%Added
BLI - Banque de Luxembourg Investments48,000$3.86M0.11%+48,000New
Banco Santander, S.A.48,763$3.87M0.03%+925+1.9%Added
Hennion & Walsh Asset Management, Inc.48,893$3.88M0.13%−4,751−8.9%Reduced
Kovitz Investment Group Partners, LLC48,964$3.89M0.09%+28,085+134.5%Added
Johnson Financial Group, Inc.49,593$3.94M0.15%+4,780+10.7%Added
Teachers Retirement System of the State of Kentucky49,924$3.96M0.03%00.0%Unchanged
Allstate Corp50,054$3.97M0.05%+25,866+106.9%Added
Independent Financial Group, LLC51,505$4.09M0.09%−1,522−2.9%Reduced
GWM Advisors LLC51,593$4.10M0.01%+3,484+7.2%Added
Congress Asset Management Co51,683$4.10M0.03%−194,779−79.0%Reduced
Spirepoint Private Client, LLC51,738$4.11M0.39%−7,674−12.9%Reduced
NLB Skladi, upravljanje premozenja, d.o.o.51,750$4.11M0.19%+51,750New
Westerkirk Capital Inc.52,500$4.17M0.41%+15,500+41.9%Added
Tower Research Capital LLC (TRC)52,544$4.17M0.10%+40,704+343.8%Added
Anchor Investment Management, LLC53,361$4.24M0.34%+6,588+14.1%Added
ASR Vermogensbeheer N.V.53,662$4.26M0.05%−421−0.8%Reduced
Univest Financial Corp54,163$4.30M0.23%+605+1.1%Added
Maytus Capital Management, LLC54,500$4.33M1.02%+54,500New
Institute for Wealth Management, LLC.54,690$4.34M0.46%−195−0.4%Reduced
Harvest Fund Management Co., Ltd55,524$4.41M0.17%+8,495+18.1%Added
Buckhead Capital Management LLC55,908$4.44M1.59%−948−1.7%Reduced
Insight Wealth Strategies, LLC56,127$4.46M0.51%+13,099+30.4%Added
MML Investors Services, LLC56,255$4.47M0.01%+1,843+3.4%Added
Financial Advisors Network, Inc.57,035$4.53M0.62%+373+0.7%Added
Berger Financial Group, Inc57,840$4.59M0.27%−684−1.2%Reduced
Linden Thomas Advisory Services, LLC57,924$4.60M0.47%+1,186+2.1%Added
Y.D. More Investments Ltd58,635$4.66M0.22%−7,975−12.0%Reduced
Parsons Capital Management Inc59,870$4.75M0.26%−684−1.1%Reduced
Advisors Asset Management, Inc.60,233$4.78M0.08%+11,694+24.1%Added
Davy Global Fund Management Ltd60,283$4.79M0.33%+6,656+12.4%Added
Northwestern Mutual Wealth Management Co60,556$4.81M0.00%+1,342+2.3%Added
Diversify Wealth Management, LLC61,626$4.83M0.23%+17,824+40.7%Added
Advisory Services Network, LLC61,392$4.88M0.07%+567+0.9%Added
Lazard Asset Management LLC61,485$4.88M0.01%−1,588−2.5%Reduced
QRG Capital Management, Inc.62,197$4.94M0.05%+7,839+14.4%Added
State of Alaska, Department of Revenue62,908$5.00M0.05%−6,775−9.7%Reduced
Cape Cod Five Cents Savings Bank64,436$5.00M0.46%00.0%Unchanged
Daymark Wealth Partners, LLC62,981$5.00M0.16%−193,195−75.4%Reduced
Ethic Inc.63,041$5.01M0.08%+20,068+46.7%Added
Wilson Asset Management (International) Pty Ltd63,309$5.03M1.29%−31,691−33.4%Reduced
Norinchukin Bank, The63,338$5.03M0.06%+4,765+8.1%Added
First Foundation Advisors63,446$5.04M0.19%−6,548−9.4%Reduced
Yousif Capital Management, LLC67,912$5.12M0.06%−10,758−13.7%Reduced
Front Row Advisors LLC65,085$5.17M1.72%−850−1.3%Reduced
Stratos Wealth Partners, LTD.65,747$5.22M0.06%−1,609−2.4%Reduced
Atlantic Union Bankshares Corp66,080$5.25M0.10%−619−0.9%Reduced
NorthCrest Asset Manangement, LLC68,141$5.31M0.12%+3,997+6.2%Added
Quantbot Technologies LP67,374$5.35M0.18%−11,329−14.4%Reduced
Slow Capital, Inc.67,393$5.35M0.64%−1,366−2.0%Reduced
Mutual of America Capital Management LLC67,866$5.39M0.06%−13,343−16.4%Reduced
Aldebaran Financial Inc.67,148$5.39M4.99%−3,385−4.8%Reduced
Sage Mountain Advisors LLC68,371$5.43M0.29%−254−0.4%Reduced
Liberty Capital Management, Inc.68,590$5.45M1.01%+356+0.5%Added
Profund Advisors LLC68,606$5.45M0.17%+1,399+2.1%Added
Cambridge Investment Research Advisors, Inc.69,064$5.48M0.01%−21,326−23.6%Reduced
Captrust Financial Advisors69,443$5.51M0.01%+12,782+22.6%Added
Umb Bank N A69,579$5.53M0.07%−4,398−5.9%Reduced