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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
Avion Wealth116$9.00K0.00%00.0%Unchanged
Atlas Capital Advisors LLC115$9.13K0.00%+115New
Sachetta, LLC118$9.37K0.01%00.0%Unchanged
Wolff Wiese Magana LLC121$9.61K0.01%+5+4.3%Added
NBT Bank N A179$9.93K0.00%−5−2.7%Reduced
Bellevue Asset Management, LLC125$9.93K0.00%00.0%Unchanged
TFC Financial Management127$10.1K0.00%−2−1.6%Reduced
Kingdom Financial Group LLC.132$10.5K0.00%+132New
Garner Asset Management Corp133$10.6K0.00%+133New
Howard Hughes Medical Institute137$10.9K0.01%−2−1.4%Reduced
Ritter Daniher Financial Advisory LLC140$11.1K0.00%+140New
Gould Capital, LLC146$11.6K0.01%−37−20.2%Reduced
Hughes Financial Services, LLC146$11.6K0.00%−14−8.8%Reduced
Ameriflex Group, Inc.150$11.9K0.01%−150−50.0%Reduced
West Branch Capital LLC150$11.9K0.00%00.0%Unchanged
Kilter Group LLC152$12.1K0.01%+23+17.8%Added
Lloyd Advisory Services, LLC.153$12.2K0.00%+153New
United Community Bank158$12.5K0.00%−464−74.6%Reduced
Dunhill Financial, LLC161$12.8K0.00%+4+2.5%Added
Prestige Wealth Management Group LLC162$12.9K0.00%−20−11.0%Reduced
Tripletail Wealth Management, LLC168$13.3K0.02%00.0%Unchanged
Transamerica Financial Advisors, Inc.171$13.6K0.00%+61+55.5%Added
Scarborough Advisors, LLC175$13.9K0.00%00.0%Unchanged
MTM Investment Management, LLC175$13.9K0.00%00.0%Unchanged
Wilkerson Advisory Group LLC178$14.1K0.00%+178New
Eq Wealth Advisors, LLC180$14.3K0.01%+180New
Fortitude Family Office, LLC182$14.5K0.00%−6−3.2%Reduced
Cornerstone Planning Group LLC182$14.9K0.00%−59−24.5%Reduced
Strategic Advocates LLC197$15.8K0.00%+54+37.8%Added
DAGCO, Inc.200$15.9K0.00%00.0%Unchanged
Hartford Financial Management Inc.204$16.2K0.00%−5−2.4%Reduced
Salomon & Ludwin, LLC221$17.2K0.00%−31−12.3%Reduced
Wealth Watch Advisors, INC224$17.8K0.01%+17+8.2%Added
C M Bidwell & Associates Ltd225$17.9K0.01%00.0%Unchanged
CGC Financial Services, LLC225$17.9K0.00%00.0%Unchanged
Kemnay Advisory Services Inc.245$19.5K0.00%+245New
Capula Management Ltd248$19.7K0.00%+248New
MCF Advisors LLC248$19.7K0.00%+248New
HM Payson & Co250$19.9K0.00%+250New
Garton & Associates Financial Advisors LLC250$19.9K0.01%+250New
Resources Management Corp250$20.0K0.00%00.0%Unchanged
Rational Advisors LLC252$20.0K0.00%+30+13.5%Added
Bell Investment Advisors, Inc254$20.2K0.00%−13−4.9%Reduced
Tacita Capital Inc261$20.7K0.01%00.0%Unchanged
NBC Securities, Inc.264$21.0K0.00%−2,683−91.0%Reduced
Private Trust Co NA268$21.3K0.00%−248−48.1%Reduced
Riverview Trust Co275$21.8K0.03%00.0%Unchanged
Wexford Capital LP292$23.2K0.01%−11−3.6%Reduced
Pinnacle Holdings, LLC299$23.7K0.01%00.0%Unchanged
Board of the Pension Protection Fund300$23.8K0.02%+300New
Nemes Rush Group LLC306$24.3K0.00%+13+4.4%Added
Private Wealth Asset Management, LLC320$25.4K0.00%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.326$25.9K0.00%+26+8.7%Added
ORG Partners LLC332$26.3K0.00%+21+6.8%Added
Elyxium Wealth, LLC339$26.9K0.01%+339New
ZRC Wealth Management, LLC351$27.9K0.01%+55+18.6%Added
Basepoint Wealth LLC360$28.6K0.02%+360New
Ares Financial Consulting, LLC360$28.6K0.03%+360New
Rossby Financial, LCC361$28.7K0.01%−283−43.9%Reduced
Quaker Wealth Management, LLC363$28.8K0.01%−1−0.3%Reduced
Mechanics Financial Corp375$29.8K0.01%00.0%Unchanged
Evolution Advisers, Inc.390$30.0K0.01%00.0%Unchanged
Hurley Capital, LLC385$30.6K0.02%−100−20.6%Reduced
South State Corp.385$30.6K0.00%−13−3.3%Reduced
Private Wealth Management Group, LLC409$32.5K0.01%00.0%Unchanged
Rakuten Securities, Inc.411$32.6K0.01%−358−46.6%Reduced
Asset Dedication, LLC419$33.3K0.00%00.0%Unchanged
Lavaca Capital LLC420$33.4K0.01%00.0%Unchanged
Clark Wealth Partners425$33.7K0.02%00.0%Unchanged
LFA - Lugano Financial Advisors SA426$33.8K0.02%00.0%Unchanged
Olistico Wealth, LLC429$34.1K0.02%+429New
Westside Investment Management, Inc.448$34.9K0.01%00.0%Unchanged
Key Financial Inc450$35.7K0.01%00.0%Unchanged
Graney & King, LLC452$35.9K0.02%00.0%Unchanged
Atlantic Trust, LLC474$37.6K0.01%−62−11.6%Reduced
Swiss Re Ltd475$37.7K0.00%+475New
Golden State Wealth Management, LLC489$38.8K0.00%+50+11.4%Added
Farmers & Merchants Investments Inc495$39.3K0.00%00.0%Unchanged
Meeder Asset Management Inc502$39.9K0.00%+21+4.4%Added
GW&K Investment Management, LLC515$41.0K0.00%+123+31.4%Added
Nvest Wealth Strategies, Inc.520$41.3K0.03%+520New
Capital Advisors, Ltd. LLC535$42.0K0.01%00.0%Unchanged
Triumph Capital Management530$42.1K0.01%+530New
Aventura Private Wealth, LLC540$42.9K0.02%+5+0.9%Added
Eastern Bank560$44.5K0.00%+310+124.0%Added
Caitlin John, LLC570$45.3K0.03%00.0%Unchanged
Activest Wealth Management571$45.3K0.01%−123−17.7%Reduced
Chilton Capital Management LLC600$47.6K0.00%00.0%Unchanged
Costello Asset Management, INC600$47.6K0.02%+71+13.4%Added
MidFirst Bank605$48.0K0.00%+605New
Grove Bank & Trust627$49.8K0.01%00.0%Unchanged
Creative Financial Designs Inc629$49.9K0.00%−1,024−61.9%Reduced
Hilton Head Capital Partners, LLC640$50.8K0.03%+640New
Manchester Capital Management LLC656$52.1K0.01%−244−27.1%Reduced
JFS Wealth Advisors, LLC695$55.2K0.00%+30+4.5%Added
LOM Asset Management Ltd700$55.6K0.02%00.0%Unchanged
Torren Management, LLC724$57.5K0.03%+724New
Annis Gardner Whiting Capital Advisors, LLC728$57.8K0.01%+15+2.1%Added
Medallion Wealth Advisors, LLC734$58.3K0.02%−425−36.7%Reduced
Bryn Mawr Trust Co750$59.6K0.00%−425−36.2%Reduced