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 |
|---|---|---|---|---|---|
| Jacobs Levy Equity Management, Inc | 2,917,952 | $231.7M | 0.89% | +829,407+39.7% | Added |
| UBS Group AG | 2,955,415 | $234.7M | 0.05% | −363,576−11.0% | Reduced |
| Bessemer Group Inc | 3,141,632 | $249.5M | 0.38% | −97,159−3.0% | Reduced |
| Pictet Asset Management Holding SA | 3,155,993 | $250.7M | 0.24% | +630,369+25.0% | Added |
| Swedbank AB | 3,564,910 | $283.1M | 0.27% | −910,531−20.3% | Reduced |
| FMR LLC | 3,592,559 | $285.3M | 0.01% | −262,953−6.8% | Reduced |
| Amundi | 3,621,646 | $287.6M | 0.08% | +333,267+10.1% | Added |
| AQR Capital Management LLC | 4,109,016 | $326.3M | 0.17% | +1,777,115+76.2% | Added |
| Price T Rowe Associates Inc | 4,152,703 | $329.8M | 0.04% | −2,060,109−33.2% | Reduced |
| Bank of America Corp | 4,196,944 | $333.3M | 0.02% | +519,337+14.1% | Added |
| Dimensional Fund Advisors LP | 4,361,390 | $346.4M | 0.07% | +515,226+13.4% | Added |
| Charles Schwab Investment Management Inc | 4,528,790 | $359.6M | 0.06% | +4,603+0.1% | Added |
| Ameriprise Financial Inc | 4,587,030 | $370.3M | 0.08% | −573,318−11.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 5,150,830 | $409.0M | 0.24% | +506,847+10.9% | Added |
| Northern Trust Corp | 6,366,265 | $505.5M | 0.06% | −447,980−6.6% | Reduced |
| Fundsmith LLPSuperinvestorFundsmith | 6,516,011 | $517.4M | 3.02% | −1,904,081−22.6% | Reduced |
| UBS Asset Management Americas Inc | 6,615,443 | $525.3M | 0.11% | +251,449+4.0% | Added |
| Deutsche Bank AG | 6,732,152 | $534.6M | 0.17% | +1,020,515+17.9% | Added |
| Legal & General Group Plc | 6,905,567 | $548.4M | 0.12% | +790,117+12.9% | Added |
| Nordea Investment Management AB | 6,905,674 | $550.3M | 0.47% | −16,357−0.2% | Reduced |
| Van Eck Associates Corp | 7,730,954 | $613.9M | 0.51% | +2,166,396+38.9% | Added |
| First Trust Advisors LP | 7,907,686 | $627.9M | 0.46% | +332,024+4.4% | Added |
| Goldman Sachs Group Inc | 8,123,382 | $645.1M | 0.09% | +3,078,896+61.0% | Added |
| Morgan Stanley | 8,312,273 | $660.1M | 0.04% | −2,446,221−22.7% | Reduced |
| Bank of New York Mellon Corp | 14,504,597 | $1.15B | 0.20% | +893,190+6.6% | Added |
| Norges Bank | 14,518,531 | $1.15B | 0.12% | +14,518,531 | New |
| Geode Capital Management, LLC | 16,975,909 | $1.35B | 0.08% | −205,862−1.2% | Reduced |
| Invesco Ltd. | 27,539,508 | $2.19B | 0.21% | +16,722,989+154.6% | Added |
| State Street Corp | 29,140,849 | $2.31B | 0.08% | −519,709−1.8% | Reduced |
| BlackRock, Inc. | 61,215,505 | $4.86B | 0.08% | −910,973−1.5% | Reduced |
| Vanguard Group Inc | 73,745,561 | $5.86B | 0.08% | −1,835,714−2.4% | Reduced |
| Schroder Investment Management Group | 0 | $0 | 0.00% | −3,317,996−100.0% | Sold out |
| Achmea Investment Management B.V. | 0 | $0 | 0.00% | −682,711−100.0% | Sold out |
| AustralianSuper Pty Ltd | 0 | $0 | 0.00% | −549,465−100.0% | Sold out |
| Frontier Capital Management Co LLC | 0 | $0 | 0.00% | −308,839−100.0% | Sold out |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −265,890−100.0% | Sold out |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −149,932−100.0% | Sold out |
| Fiera Capital Corp | 0 | $0 | 0.00% | −123,558−100.0% | Sold out |
| Foster Victor Wealth Advisors, LLC | 0 | $0 | 0.00% | −115,967−100.0% | Sold out |
| Nia Impact Advisors, LLC | 0 | $0 | 0.00% | −74,156−100.0% | Sold out |
| Jackson Wealth Management, LLC | 0 | $0 | 0.00% | −66,122−100.0% | Sold out |
| Leuthold Group, LLC | 0 | $0 | 0.00% | −63,901−100.0% | Sold out |
| Oddo BHF Asset Management SAS | 0 | $0 | 0.00% | −63,366−100.0% | Sold out |
| Delta Global Management LP | 0 | $0 | 0.00% | −47,477−100.0% | Sold out |
| MinichMacGregor Wealth Management, LLC | 0 | $0 | 0.00% | −41,558−100.0% | Sold out |
| Oppenheimer & Co Inc | 0 | $0 | 0.00% | −41,541−100.0% | Sold out |
| Axecap Investments, LLC | 0 | $0 | 0.00% | −33,767−100.0% | Sold out |
| Element Squared LLC | 0 | $0 | 0.00% | −27,216−100.0% | Sold out |
| Neo Ivy Capital Management | 0 | $0 | 0.00% | −24,412−100.0% | Sold out |
| GAM Holding AG | 0 | $0 | 0.00% | −22,174−100.0% | Sold out |
| APG Asset Management US Inc. | 0 | $0 | 0.00% | −20,467−100.0% | Sold out |
| Allworth Financial LP | 0 | $0 | 0.00% | −19,871−100.0% | Sold out |
| Groupama Asset Managment | 0 | $0 | 0.00% | −19,790−100.0% | Sold out |
| IPG Investment Advisors LLC | 0 | $0 | 0.00% | −19,454−100.0% | Sold out |
| Castle Rock Wealth Management, LLC | 0 | $0 | 0.00% | −19,000−100.0% | Sold out |
| Kepler Cheuvreux (Suisse) SA | 0 | $0 | 0.00% | −14,857−100.0% | Sold out |
| Brighton Jones LLC | 0 | $0 | 0.00% | −14,447−100.0% | Sold out |
| Catalytic Wealth RIA, LLC | 0 | $0 | 0.00% | −13,471−100.0% | Sold out |
| Oversea-Chinese Banking CORP Ltd | 0 | $0 | 0.00% | −12,914−100.0% | Sold out |
| Generali Investments, Management Co LLC | 0 | $0 | 0.00% | −12,829−100.0% | Sold out |
| Elevate Wealth Advisory, Inc | 0 | $0 | 0.00% | −12,642−100.0% | Sold out |
| Aviso Financial Inc. | 0 | $0 | 0.00% | −11,660−100.0% | Sold out |
| Custom Index Systems, LLC | 0 | $0 | 0.00% | −11,499−100.0% | Sold out |
| Boston Private Wealth LLC | 0 | $0 | 0.00% | −11,062−100.0% | Sold out |
| SummitTX Capital, L.P. | 0 | $0 | 0.00% | −10,937−100.0% | Sold out |
| Roof Eidam & Maycock | 0 | $0 | 0.00% | −10,860−100.0% | Sold out |
| Cantor Fitzgerald, L. P. | 0 | $0 | 0.00% | −10,813−100.0% | Sold out |
| Integrated Quantitative Investments LLC | 0 | $0 | 0.00% | −8,797−100.0% | Sold out |
| Pitcairn Co | 0 | $0 | 0.00% | −8,427−100.0% | Sold out |
| Occidental Asset Management, LLC | 0 | $0 | 0.00% | −8,389−100.0% | Sold out |
| Chicago Capital, LLC | 0 | $0 | 0.00% | −8,007−100.0% | Sold out |
| Perbak Capital Partners LLP | 0 | $0 | 0.00% | −7,842−100.0% | Sold out |
| Loomis Sayles & Co L P | 0 | $0 | 0.00% | −6,953−100.0% | Sold out |
| Lecap Asset Management Ltd | 0 | $0 | 0.00% | −6,948−100.0% | Sold out |
| Cornerstone Enterprises, LLC | 0 | $0 | 0.00% | −6,602−100.0% | Sold out |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −6,600−100.0% | Sold out |
| DC Investments Management, LLC | 0 | $0 | 0.00% | −6,391−100.0% | Sold out |
| Main Street Financial Solutions, LLC | 0 | $0 | 0.00% | −5,900−100.0% | Sold out |
| AssuredPartners Investment Advisors, LLC | 0 | $0 | 0.00% | −5,881−100.0% | Sold out |
| Banco BTG Pactual S.A. | 0 | $0 | 0.00% | −5,200−100.0% | Sold out |
| Connecticut Wealth Management, LLC | 0 | $0 | 0.00% | −4,997−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −4,951−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −4,929−100.0% | Sold out |
| Clarius Group, LLC | 0 | $0 | 0.00% | −4,801−100.0% | Sold out |
| Cynosure Management, LLC | 0 | $0 | 0.00% | −4,585−100.0% | Sold out |
| Baader Bank INC | 0 | $0 | 0.00% | −4,662−100.0% | Sold out |
| AlTi Global, Inc. | 0 | $0 | 0.00% | −4,380−100.0% | Sold out |
| Hilltop Holdings Inc. | 0 | $0 | 0.00% | −4,201−100.0% | Sold out |
| Main Street Research LLC | 0 | $0 | 0.00% | −4,190−100.0% | Sold out |
| Arete Wealth Advisors, LLC | 0 | $0 | 0.00% | −3,822−100.0% | Sold out |
| Cookson Peirce & Co Inc | 0 | $0 | 0.00% | −3,822−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −3,808−100.0% | Sold out |
| Massachusetts Financial Services Co | 0 | $0 | 0.00% | −3,723−100.0% | Sold out |
| Global Trust Asset Management, LLC | 0 | $0 | 0.00% | −3,540−100.0% | Sold out |
| Alta Advisers Ltd | 0 | $0 | 0.00% | −3,412−100.0% | Sold out |
| Brendel Financial Advisors LLC | 0 | $0 | 0.00% | −3,212−100.0% | Sold out |
| LaSalle St. Investment Advisors, LLC | 0 | $0 | 0.00% | −3,164−100.0% | Sold out |
| Fisher Asset Management, LLC | 0 | $0 | 0.00% | −3,091−100.0% | Sold out |
| Highview Capital Management LLC | 0 | $0 | 0.00% | −3,003−100.0% | Sold out |
| Lombard Odier Asset Management (USA) Corp | 0 | $0 | 0.00% | −2,956−100.0% | Sold out |