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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
Vontobel Holding Ltd.386,554$30.7M0.10%+26,047+7.2%Added
Creative Planning387,103$30.7M0.02%+28,703+8.0%Added
Thrivent Financial for Lutherans390,492$31.0M0.05%+238,299+156.6%Added
Korea Investment CORP403,236$32.0M0.06%−26,018−6.1%Reduced
Toronto Dominion Bank404,167$32.1M0.06%+114,791+39.7%Added
Voleon Capital Management LP407,060$32.3M0.70%+266,607+189.8%Added
NewEdge Wealth, LLC410,696$32.6M0.37%+10,531+2.6%Added
Asset Management One Co.,Ltd.407,793$33.0M0.09%+5,515+1.4%Added
Raymond James Financial Inc419,231$33.3M0.01%−53,688−11.4%Reduced
Storebrand Asset Management AS420,828$33.4M0.09%−59,827−12.4%Reduced
2Xideas AG427,718$34.0M9.51%−77,087−15.3%Reduced
NEOS Investment Management LLC433,101$34.4M0.20%+102,786+31.1%Added
Treasurer of the State of North Carolina434,540$34.5M0.11%−119,008−21.5%Reduced
Bank of Nova Scotia442,181$35.1M0.05%+73,640+20.0%Added
Prudential Financial Inc444,211$35.3M0.04%+88,405+24.8%Added
The PNC Financial Services Group, Inc.447,217$35.5M0.02%−43,429−8.9%Reduced
Rockefeller Capital Management L.P.463,597$36.8M0.07%−1,947−0.4%Reduced
Renaissance Technologies LLC464,194$36.9M0.06%−596,758−56.2%Reduced
Standard Life Aberdeen plc466,440$37.0M0.06%−14,074−2.9%Reduced
Glenmede Trust Co NA468,548$37.2M0.18%+468,548New
Susquehanna International Group, LLP477,884$37.9M0.05%+244,443+104.7%Added
Vinva Investment Management Ltd477,174$38.4M0.48%+456,319+2,188.1%Added
LPL Financial LLC490,697$39.0M0.01%−21,080−4.1%Reduced
Adage Capital Partners GP, L.L.C.495,690$39.4M0.06%+3,400+0.7%Added
Caisse de Depot Et Placement du Quebec507,011$40.3M0.07%−351,976−41.0%Reduced
American Century Companies Inc524,404$41.6M0.02%−166,520−24.1%Reduced
Quantinno Capital Management LP528,759$42.0M0.08%+262,552+98.6%Added
Franklin Resources Inc539,286$42.8M0.01%+18,982+3.6%Added
Acadian Asset Management LLC540,490$42.9M0.07%−1,114,746−67.3%Reduced
Aviva PLC543,071$43.1M0.07%+28,664+5.6%Added
State Board of Administration of Florida Retirement System558,161$44.3M0.08%−36,470−6.1%Reduced
PFA Pension, Forsikringsaktieselskab553,188$44.4M0.13%+553,188New
Virginia Retirement Systems Et Al560,747$44.5M0.26%+155,500+38.4%Added
Holocene Advisors, LP563,000$44.7M0.09%00.0%Unchanged
Healthcare of Ontario Pension Plan Trust Fund572,523$45.5M0.08%−540,617−48.6%Reduced
Argent Capital Management LLC586,688$46.6M1.32%−23,088−3.8%Reduced
New York State Teachers Retirement System594,821$47.2M0.09%−12,602−2.1%Reduced
Qube Research & Technologies Ltd604,497$48.0M0.07%+604,497New
Pinebridge Investments LLC609,007$48.4M0.36%+609,007New
Jain Global LLC612,563$48.6M0.48%+612,563New
King Luther Capital Management Corp664,371$52.8M0.21%−7,273−1.1%Reduced
Jones Financial Companies LLLP664,931$52.8M0.03%+34,516+5.5%Added
Man Group plc678,455$53.9M0.10%−86,190−11.3%Reduced
Ossiam691,803$54.9M1.10%−21,202−3.0%Reduced
Alliancebernstein L.P.701,654$55.7M0.02%−3,294−0.5%Reduced
New York State Common Retirement Fund707,857$56.2M0.08%−75,600−9.6%Reduced
Clearbridge Investments, LLC708,668$56.3M0.05%−265,667−27.3%Reduced
Allianz Asset Management GmbH728,402$57.8M0.07%−1,645,278−69.3%Reduced
HRT Financial LP729,471$57.9M0.18%+729,471New
Universal- Beteiligungs- und Servicegesellschaft mbH755,286$60.2M0.10%−74,095−8.9%Reduced
Mitsubishi UFJ Trust & Banking Corp767,758$61.0M0.14%−484,204−38.7%Reduced
Great West Life Assurance Co769,584$61.1M0.11%−106,710−12.2%Reduced
Wells Fargo & Company775,483$61.6M0.01%−29,654−3.7%Reduced
Principal Financial Group Inc787,234$62.5M0.03%+3,739+0.5%Added
National Bank of Canada800,386$63.6M0.07%+509,805+175.4%Added
Stifel Financial Corp814,317$64.7M0.06%−36,820−4.3%Reduced
SG Americas Securities, LLC867,858$68.9M0.09%+707,147+440.0%Added
Voloridge Investment Management, LLC911,933$72.4M0.25%+911,933New
American Capital Management Inc925,753$73.5M3.24%−37,605−3.9%Reduced
TD Asset Management Inc951,517$75.6M0.06%−40,351−4.1%Reduced
Empower Advisory Group, LLC966,752$76.8M0.21%−34,105−3.4%Reduced
California State Teachers Retirement System970,561$77.1M0.08%−11,251−1.1%Reduced
Russell Investments Group, Ltd.1,004,686$79.9M0.09%+129,433+14.8%Added
Marshall Wace, LLP1,006,400$79.9M0.08%+506,400+101.3%Added
Royal London Asset Management Ltd1,047,940$83.2M0.18%−24,154−2.3%Reduced
Citadel Advisors LLC1,101,413$87.5M0.06%+82,643+8.1%Added
Two Sigma Investments, LP1,141,980$90.7M0.14%−181,431−13.7%Reduced
California Public Employees Retirement System1,148,564$91.2M0.05%−459,795−28.6%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)1,150,161$91.3M0.20%−51,764−4.3%Reduced
Rhumbline Advisers1,190,392$94.5M0.08%−32,852−2.7%Reduced
Millennium Management LLC1,199,606$95.3M0.07%+705,688+142.9%Added
National Pension Service1,220,008$96.9M0.07%−1,003,190−45.1%Reduced
Montrusco Bolton Investments Inc.1,228,784$97.6M1.22%−8,108−0.7%Reduced
CCLA Investment Management Ltd1,253,998$99.6M1.60%−232,660−15.6%Reduced
Capital World Investors1,262,511$100.3M0.01%+1,262,511New
Penserra Capital Management LLC1,287,910$102.3M1.22%−68,212−5.0%Reduced
ProShare Advisors LLC1,310,922$104.1M0.18%−663,520−33.6%Reduced
Canada Pension Plan Investment Board1,318,488$104.7M0.07%+865,073+190.8%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,409,465$109.8M0.07%+46,174+3.4%Added
Vident Advisory, LLC1,405,960$111.6M1.05%+24,772+1.8%Added
HSBC Holdings PLC1,569,290$124.8M0.07%−519,248−24.9%Reduced
Worldquant Millennium Advisors LLC1,582,366$125.7M0.49%+1,582,366New
Voya Investment Management LLC1,604,757$127.4M0.13%−20,419−1.3%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,612,613$128.1M0.15%+241,980+17.7%Added
Sumitomo Mitsui Trust Holdings, Inc.1,615,265$128.3M0.08%−41,623−2.5%Reduced
Victory Capital Management Inc1,667,582$132.4M0.07%+15,899+1.0%Added
BNP Paribas Arbitrage, SA1,675,881$133.1M0.08%+313,455+23.0%Added
D. E. Shaw & Co., Inc.1,754,483$139.3M0.11%+753,370+75.3%Added
Swiss National Bank1,784,800$141.7M0.08%−90,600−4.8%Reduced
Fundsmith Investment Services Ltd.1,818,233$144.4M2.64%−461,499−20.2%Reduced
Nuveen, LLC1,822,092$144.7M0.04%+328,866+22.0%Added
Two Sigma Advisers, LP1,838,720$146.0M0.28%+46,400+2.6%Added
Bank of Montreal1,875,591$150.6M0.06%−30,685−1.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,943,490$154.4M0.23%+306,883+18.8%Added
Robeco Institutional Asset Management B.V.2,522,604$200.3M0.29%+892,969+54.8%Added
Citigroup Inc2,536,371$201.4M0.14%−293,984−10.4%Reduced
Royal Bank of Canada2,543,440$202.0M0.04%+590,406+30.2%Added
Barclays PLC2,759,387$219.1M0.09%−1,018,579−27.0%Reduced
JPMorgan Chase & Co2,768,033$219.8M0.01%−1,186,287−30.0%Reduced
Sarasin & Partners LLP2,778,041$220.6M2.29%−115,962−4.0%Reduced