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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
Peak Asset Management, LLC158,102$12.6M2.14%+1,182+0.8%Added
Blair William & Co160,633$12.8M0.03%−26,212−14.0%Reduced
Merit Financial Group, LLC161,241$12.8M0.10%+21,429+15.3%Added
Xponance, Inc.163,492$13.0M0.10%+7,643+4.9%Added
Czech National Bank166,655$13.2M0.09%+1,232+0.7%Added
Wealth Enhancement Advisory Services, LLC169,966$13.4M0.02%−586,685−77.5%Reduced
Union Bancaire Privee, UBP SA176,572$13.6M0.23%+154,875+713.8%Added
Lido Advisors, LLC163,522$13.6M0.05%+2,854+1.8%Added
Ensign Peak Advisors, Inc173,174$13.8M0.02%−270,667−61.0%Reduced
Crossmark Global Holdings, Inc.173,688$13.8M0.20%+37,507+27.5%Added
Barlow Wealth Partners, Inc.182,342$14.4M1.56%−1,620−0.9%Reduced
MetLife Investment Management182,276$14.5M0.07%−9,205−4.8%Reduced
Williams Jones Wealth Management, LLC.182,344$14.5M0.16%−23,568−11.4%Reduced
Cetera Investment Advisers183,117$14.5M0.02%−4,759−2.5%Reduced
Arizona State Retirement System183,358$14.6M0.08%−6,641−3.5%Reduced
Eurizon Capital SGR S.p.A.184,099$14.6M0.05%+184,099New
Warther Private Wealth, LLC186,915$14.8M3.55%−55,920−23.0%Reduced
Meridiem Capital Partners LP186,940$14.8M0.93%+186,940New
Advisor Group Holdings, Inc.187,812$14.9M0.02%−30,501−14.0%Reduced
Capital Fund Management S.A.189,447$15.0M0.14%+153,031+420.2%Added
State of Michigan Retirement System190,770$15.1M0.07%−10,400−5.2%Reduced
Baird Financial Group, Inc.191,504$15.2M0.02%−14,804−7.2%Reduced
Nissay Asset Management Corp192,019$15.2M0.08%+5,636+3.0%Added
Janus Henderson Group PLC192,120$15.3M0.01%+412+0.2%Added
Willis Investment Counsel194,113$15.4M0.80%+10,813+5.9%Added
Burney Co197,809$15.7M0.49%−18,187−8.4%Reduced
Swiss Life Asset Management Ltd200,328$15.9M0.08%+59,973+42.7%Added
Osmosis Investment Management UK Ltd203,155$16.1M0.41%+203,155New
Daiwa Securities Group Inc.203,764$16.2M0.05%+10,020+5.2%Added
Resona Asset Management Co.,Ltd.204,883$16.3M0.08%−10,294−4.8%Reduced
Nomura Holdings Inc206,949$16.4M0.05%+136,638+194.3%Added
one8zero8, LLC209,598$16.6M3.63%−5,872−2.7%Reduced
US Bancorp214,161$17.0M0.02%+2,295+1.1%Added
Lansforsakringar Fondforvaltning AB (publ)216,587$17.2M0.09%+1,510+0.7%Added
Old National Bancorp217,432$17.3M0.29%+8,008+3.8%Added
State of New Jersey Common Pension Fund D219,216$17.4M0.06%−9,971−4.4%Reduced
CI Private Wealth, LLC219,216$17.4M0.02%+80,987+58.6%Added
RPG Investment Advisory, LLC222,171$17.6M2.00%+6,539+3.0%Added
DekaBank Deutsche Girozentrale253,806$17.8M0.03%00.0%Unchanged
Mackenzie Financial Corp227,121$18.2M0.02%+39,028+20.7%Added
Sumitomo Mitsui DS Asset Management Company, Ltd232,735$18.5M0.15%−1,400−0.6%Reduced
Peapack Gladstone Financial Corp236,489$18.8M0.24%+4,406+1.9%Added
Titan Investment Solutions Ltd238,260$18.9M2.28%+238,260New
Banco Bilbao Vizcaya Argentaria, S.A.243,493$19.3M0.13%−1,123−0.5%Reduced
Andra AP-fonden243,800$19.4M0.24%−187,320−43.4%Reduced
ING Groep NV245,559$19.5M0.12%+117,412+91.6%Added
Macquarie Group Ltd246,517$19.6M0.09%+16,211+7.0%Added
Handelsbanken Fonder AB251,718$20.0M0.06%+39,156+18.4%Added
Woodstock Corp253,367$20.1M1.73%−4,729−1.8%Reduced
Mn Services Vermogensbeheer B.V.255,714$20.3M0.12%+9,424+3.8%Added
Beacon Investment Advisory Services, Inc.255,711$20.3M0.83%−14,485−5.4%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund257,080$20.4M0.17%−28,800−10.1%Reduced
Jump Financial, LLC258,095$20.5M0.26%+165,488+178.7%Added
Teacher Retirement System of Texas265,311$21.1M0.07%+108,284+69.0%Added
Public Employees Retirement System of Ohio266,613$21.2M0.07%−189−0.1%Reduced
Bridgewater Associates, LP267,384$21.2M0.08%−712,963−72.7%Reduced
Nomura Asset Management Co Ltd268,802$21.3M0.05%+6,673+2.5%Added
SEI Investments Co268,804$21.3M0.02%+46,729+21.0%Added
Ardmore Road Asset Management LP271,748$21.6M1.64%+21,748+8.7%Added
Skandinaviska Enskilda Banken AB (publ)272,538$21.6M0.09%−99,141−26.7%Reduced
Davidson Investment Advisors273,952$21.8M0.91%+6,758+2.5%Added
Epoch Investment Partners, Inc.273,997$21.8M0.12%+38,952+16.6%Added
Natixis276,968$22.0M0.09%+166,175+150.0%Added
ABN AMRO Bank N.V.279,006$22.3M0.21%−29,143−9.5%Reduced
E. Ohman J:or Asset Management AB286,259$22.7M0.53%+23,219+8.8%Added
CIBC Asset Management Inc289,140$23.0M0.06%+65,980+29.6%Added
Gotham Asset Management, LLC290,386$23.1M0.08%+105,233+56.8%Added
Candriam Luxembourg S.C.A.294,476$23.4M0.12%−15,687−5.1%Reduced
KLP Kapitalforvaltning AS294,600$23.4M0.09%−2,700−0.9%Reduced
Envestnet Asset Management Inc301,960$24.0M0.01%−52,563−14.8%Reduced
Mariner, LLC302,588$24.0M0.03%+116,093+62.2%Added
LGT Group Foundation306,355$24.6M0.27%−112,534−26.9%Reduced
Country Trust Bank312,573$24.8M0.45%+31,603+11.2%Added
Natixis Advisors, L.P.313,884$24.9M0.04%+26,084+9.1%Added
Forsta Ap-Fonden313,900$24.9M0.15%+80,200+34.3%Added
HighTower Advisors, LLC316,557$25.1M0.03%−2,399−0.8%Reduced
Chevy Chase Trust Holdings, Inc.321,908$25.6M0.07%−10,577−3.2%Reduced
KBC Group NV323,583$25.7M0.06%−291,464−47.4%Reduced
Mediolanum International Funds Ltd324,870$26.1M0.26%+41,321+14.6%Added
APG Asset Management N.V.387,109$26.2M0.07%−25,308−6.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S333,307$26.5M0.23%+283,439+568.4%Added
Pacer Advisors, Inc.339,482$27.0M0.07%+81,025+31.3%Added
Nutshell Asset Management Ltd340,705$27.1M9.65%+102,828+43.2%Added
Dixon Mitchell Investment Counsel Inc.340,939$27.1M0.89%+7,385+2.2%Added
Mirae Asset Global Investments Co., Ltd.348,250$27.7M0.08%+21,177+6.5%Added
Federated Hermes, Inc.348,366$27.7M0.05%−17,825−4.9%Reduced
Rafferty Asset Management, LLC351,047$27.9M0.10%−18,300−5.0%Reduced
Trexquant Investment LP355,121$28.2M0.25%+197,076+124.7%Added
Cerity Partners LLC356,949$28.3M0.04%+88,962+33.2%Added
State of Wisconsin Investment Board362,219$28.8M0.06%−13,203−3.5%Reduced
Manufacturers Life Insurance Company, The363,993$28.9M0.02%−16,907−4.4%Reduced
J. Safra Sarasin Holding AG365,135$29.0M0.47%−29,607−7.5%Reduced
Ieq Capital, LLC366,911$29.1M0.09%+214,711+141.1%Added
Guggenheim Capital LLC371,233$29.5M0.22%−19,843−5.1%Reduced
Saudi Central Bank371,486$29.5M1.10%00.0%Unchanged
Jane Street Group, LLC375,749$29.8M0.04%−605,620−61.7%Reduced
Beacon Pointe Advisors, LLC377,101$29.9M0.21%−20,482−5.2%Reduced
Boston Trust Walden Corp378,046$30.0M0.23%+14,866+4.1%Added
Woodline Partners LP379,829$30.2M0.12%−75,524−16.6%Reduced
Danske Bank A/S383,975$30.5M0.07%+70,590+22.5%Added