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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
DGS Capital Management, LLC0$00.00%−2,877−100.0%Sold out
Alyeska Investment Group, L.P.0$00.00%−2,789−100.0%Sold out
BKD Wealth Advisors, LLC0$00.00%−2,778−100.0%Sold out
Stegent Equity Advisors, Inc.0$00.00%−2,774−100.0%Sold out
GPS Wealth Strategies Group, LLC0$00.00%−2,701−100.0%Sold out
Caliber Wealth Management, LLC0$00.00%−2,700−100.0%Sold out
Argent Trust Co0$00.00%−2,673−100.0%Sold out
MEMBERS Trust Co0$00.00%−2,663−100.0%Sold out
Meritas Wealth Management, LLC0$00.00%−2,653−100.0%Sold out
Thoroughbred Financial Services, LLC0$00.00%−2,571−100.0%Sold out
Novem Group0$00.00%−2,542−100.0%Sold out
Wealth Alliance0$00.00%−2,502−100.0%Sold out
Marble Harbor Investment Counsel, LLC0$00.00%−2,500−100.0%Sold out
South Street Advisors LLC0$00.00%−2,500−100.0%Sold out
McAdam, LLC0$00.00%−2,481−100.0%Sold out
Citizens Business Bank0$00.00%−2,468−100.0%Sold out
Brady Family Wealth, LLC0$00.00%−2,466−100.0%Sold out
SFMG, LLC0$00.00%−2,432−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−2,415−100.0%Sold out
Fortem Financial Group, LLC0$00.00%−2,400−100.0%Sold out
Quotient Wealth Partners, LLC0$00.00%−2,400−100.0%Sold out
PharVision Advisers, LLC0$00.00%−2,397−100.0%Sold out
Linscomb & Williams, Inc.0$00.00%−2,390−100.0%Sold out
Keystone Financial Group0$00.00%−1,967−100.0%Sold out
Accordant Advisory Group Inc0$00.00%−1,467−100.0%Sold out
ISAM Funds (UK) Ltd0$00.00%−1,201−100.0%Sold out
Financial Avengers, Inc.0$00.00%−1,200−100.0%Sold out
Itau Unibanco Holding S.A.0$00.00%−676−100.0%Sold out
Rise Advisors, LLC0$00.00%−422−100.0%Sold out
Quarry LP0$00.00%−387−100.0%Sold out
University of Texas/Texas Am Investment Managment Co0$00.00%−335−100.0%Sold out
Palisade Asset Management, LLC0$00.00%−330−100.0%Sold out
Sittner & Nelson, LLC0$00.00%−300−100.0%Sold out
Banque Transatlantique SA0$00.00%−265−100.0%Sold out
American National Bank0$00.00%−250−100.0%Sold out
Prudent Man Investment Management, Inc.0$00.00%−129−100.0%Sold out
Main Street Group, LTD0$00.00%−133−100.0%Sold out
Advanced Portfolio Management, LLC0$00.00%−107−100.0%Sold out
Marquette Asset Management, LLC0$00.00%−95−100.0%Sold out
Arlington Trust Co LLC0$00.00%−88−100.0%Sold out
Strive Asset Management, LLC0$00.00%−86−100.0%Sold out
WealthCollab, LLC0$00.00%−83−100.0%Sold out
Tortoise Investment Management, LLC0$00.00%−55−100.0%Sold out
CBIZ Investment Advisory Services, LLC0$00.00%−50−100.0%Sold out
Painted Porch Advisors LLC0$00.00%−48−100.0%Sold out
Cloud Capital Management, LLC0$00.00%−59−100.0%Sold out
Sofos Investments, Inc.0$00.00%−44−100.0%Sold out
Halbert Hargrove Global Advisors, LLC0$00.00%−28−100.0%Sold out
TruNorth Capital Management, LLC0$00.00%−25−100.0%Sold out
North Capital, Inc.0$00.00%−17−100.0%Sold out
Core Alternative Capital0$00.00%−15−100.0%Sold out
Park Place Capital Corp0$00.00%−13−100.0%Sold out
JDM Financial Group LLC0$00.00%−12−100.0%Sold out
Raleigh Capital Management Inc.0$00.00%−11−100.0%Sold out
IMG Wealth Management, Inc.0$00.00%−7−100.0%Sold out
Pinebridge Investments, L.P.––––Not filed
AXA Investment Managers S.A.––––Not filed
Glenmede Investment Management, LP––––Not filed
Aware Super Pty Ltd as trustee of Aware Super––––Not filed
CIBC Bancorp USA Inc.––––Not filed
Bristlecone Advisors, LLC––––Not filed
Synovus Financial Corp––––Not filed
Shell Asset Management Co––––Not filed
Stone Run Capital, LLC––––Not filed
Lion Street Advisors, LLC––––Not filed
Pinnacle Financial Partners Inc––––Not filed
Eisler Capital Management Ltd.––––Not filed
Wetherby Asset Management Inc––––Not filed
Clare Market Investments LLC––––Not filed
Masso Torrence Wealth Management Inc.––––Not filed
Bryce Point Capital, LLC––––Not filed
Moloney Securities Asset Management, LLC––––Not filed
Benchmark Investment Advisors LLC––––Not filed
Lingohr & Partner Asset Management GmbH––––Not filed
Stonegate Investment Group, LLC––––Not filed
Wolverine Trading, LLC––––Not filed
Abich Financial Wealth Management LLC––––Not filed
Kathleen S. Wright Associates Inc.––––Not filed
Hemington Wealth Management––––Not filed
Creekmur Asset Management LLC––––Not filed
Binnacle Investments Inc––––Not filed
Lowe Wealth Advisors, LLC––––Not filed
Guerra Advisors Inc––––Not filed
Pineridge Advisors LLC––––Not filed
Texas Capital Bancshares Inc––––Not filed