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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
North Star Investment Management Corp.750$59.6K0.00%+65+9.5%Added
Financial Freedom, LLC760$60.4K0.03%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC764$60.7K0.00%−294−27.8%Reduced
Wellington-Altus USA Inc.773$61.4K0.05%+773New
Reflection Asset Management830$65.9K0.05%+830New
CVA Family Office, LLC854$67.8K0.01%−56−6.2%Reduced
Sankala Group LLC864$68.3K0.05%+864New
Atwood & Palmer Inc860$68.3K0.00%00.0%Unchanged
Montag A & Associates Inc876$69.6K0.00%−1,868−68.1%Reduced
Frazier Financial Advisors, LLC884$70.2K0.04%00.0%Unchanged
Reyes Financial Architecture, Inc.885$70.3K0.04%−7−0.8%Reduced
DV Equities, LLC886$70.4K0.01%+886New
Clayton Financial Group LLC890$70.7K0.04%−60−6.3%Reduced
PeakShares LLC904$71.8K0.07%+904New
SJS Investment Consulting Inc.923$73.3K0.01%+542+142.3%Added
City State Bank931$73.9K0.02%00.0%Unchanged
McIlrath & Eck, LLC982$78.0K0.01%+180+22.4%Added
Avalon Trust Co985$78.2K0.01%00.0%Unchanged
Provenance Wealth Advisors, LLC1,000$79.4K0.01%−605−37.7%Reduced
SOA Wealth Advisors, LLC.1,005$79.8K0.01%00.0%Unchanged
Arcadia Investment Management Corp1,006$79.9K0.01%+6+0.6%Added
Colonial Trust Co1,012$80.4K0.01%−495−32.8%Reduced
Deseret Mutual Benefit Administrators1,013$80.4K0.03%+70+7.4%Added
Ancora Advisors, LLC1,013$80.5K0.00%−332−24.7%Reduced
True Wealth Design, LLC1,042$82.7K0.02%+741+246.2%Added
Bogart Wealth, LLC1,044$82.9K0.00%+740+243.4%Added
First Pacific Financial1,067$84.7K0.01%00.0%Unchanged
Armstrong Advisory Group, Inc1,201$95.4K0.01%−69−5.4%Reduced
International Assets Investment Management, LLC1,222$97.0K0.01%−2,138−63.6%Reduced
Oakworth Capital, Inc.1,228$97.5K0.01%+1,228New
Fairscale Capital, LLC1,249$99.2K0.07%00.0%Unchanged
Sound Income Strategies, LLC1,374$103.6K0.00%+1,144+497.4%Added
Harbour Investments, Inc.1,320$104.8K0.00%+14+1.1%Added
Cary Street Partner Investment Advisory LLC1,325$105.1K0.03%+112+9.2%Added
N.E.W. Advisory Services LLC1,325$105.2K0.01%−80−5.7%Reduced
Crewe Advisors LLC1,356$107.7K0.01%−239−15.0%Reduced
Godfrey Financial Associates, Inc.1,362$108.2K0.09%+1,362New
Trifecta Capital Advisors, LLC1,375$109.2K0.02%−99−6.7%Reduced
Independence Bank of Kentucky1,425$113.2K0.01%−125−8.1%Reduced
Intesa Sanpaolo Wealth Management1,500$119.1K0.02%+1,500New
Toth Financial Advisory Corp1,525$121.1K0.01%+200+15.1%Added
New Age Alpha Advisors, LLC1,540$122.3K0.01%−1,544−50.1%Reduced
Centaurus Financial, Inc.1,548$123.0K0.01%−1−0.1%Reduced
Winthrop Capital Management, LLC1,559$124.0K0.03%+1,559New
Sentry Investment Management LLC1,605$127.0K0.08%00.0%Unchanged
Trust Co of Vermont1,645$130.6K0.01%−1,207−42.3%Reduced
Newbridge Financial Services Group, Inc.1,650$131.0K0.02%+1,635+10,900.0%Added
Cary Street Partners Financial LLC1,708$135.6K0.00%−507−22.9%Reduced
Parkside Financial Bank & Trust1,712$136.0K0.01%+106+6.6%Added
Asset Planning,Inc1,727$137.1K0.10%00.0%Unchanged
Aster Capital Management (DIFC) Ltd1,740$138.2K0.06%+1,709+5,512.9%Added
RMG Wealth Management LLC1,815$139.7K0.02%+25+1.4%Added
Whittier Trust Co1,813$142.2K0.00%−62−3.3%Reduced
Onefund, LLC1,811$143.8K0.09%+107+6.3%Added
Massmutual Trust Co FSB1,818$144.4K0.00%−750−29.2%Reduced
Cromwell Holdings LLC1,828$145.2K0.08%00.0%Unchanged
Family Capital Trust Co1,924$152.8K0.05%+24+1.3%Added
Ameliora Wealth Management Ltd.2,005$159.2K0.05%−100−4.8%Reduced
Global Wealth Strategies & Associates2,050$162.8K0.04%+53+2.7%Added
Clear Street Markets LLC2,071$164.5K0.03%+2,021+4,042.0%Added
Greykasell Wealth Strategies, Inc.2,078$165.0K0.07%00.0%Unchanged
Erste Asset Management GmbH2,383$172.3K0.00%−12,905−84.4%Reduced
St Germain D J Co Inc2,200$174.7K0.01%+2,200New
BOK Financial Private Wealth, Inc.2,278$180.9K0.01%+2,278New
Smithfield Trust Co2,285$183.0K0.01%00.0%Unchanged
Signature Equity Partners, LLC2,325$184.6K0.10%+2,325New
AdvisorNet Financial, Inc2,341$185.9K0.01%+26+1.1%Added
MV Capital Management, Inc.2,354$186.9K0.02%+12+0.5%Added
Root Financial Partners, LLC2,369$188.1K0.01%+1,523+180.0%Added
Covestor Ltd2,384$189.0K0.10%+289+13.8%Added
E Fund Management (Hong Kong) Co., Ltd.2,375$193.1K0.08%+1,656+230.3%Added
Bartlett & Co. Wealth Management LLC2,456$195.0K0.00%+89+3.8%Added
Basecamp Wealth Advisors LLC2,463$195.6K0.04%+2,463New
Spurstone Advisory Services, LLC2,500$198.5K3.12%00.0%Unchanged
Advisors Capital Management, LLC2,535$201.3K0.00%−100−3.8%Reduced
Personal Cfo Solutions, LLC2,543$201.9K0.03%−127−4.8%Reduced
Ameritas Advisory Services, LLC2,547$202.3K0.01%+2,397+1,598.0%Added
Miracle Mile Advisors, LLC2,548$202.3K0.00%+2,548New
Marion Wealth Management2,486$203.0K0.05%00.0%Unchanged
Legacy Trust2,569$204.0K0.04%−124−4.6%Reduced
Miller Financial Services LLC2,593$205.9K0.24%−130−4.8%Reduced
Quent Capital, LLC2,593$205.9K0.01%+177+7.3%Added
Permanent Capital Management, LP2,594$206.0K0.04%+18+0.7%Added
MidWestOne Financial Group, Inc.2,617$207.8K0.02%−347−11.7%Reduced
Axq Capital, LP2,650$210.4K0.05%−689−20.6%Reduced
Ritter Alpha, LP2,669$211.9K9.04%+2,669New
Patton Fund Management, Inc.2,671$212.1K0.03%+271+11.3%Added
OneAscent Wealth Management LLC2,682$213.0K0.07%−100−3.6%Reduced
Navellier & Associates Inc2,683$213.1K0.02%00.0%Unchanged
Riversedge Advisors, LLC2,687$213.4K0.03%+2,687New
Compass Ion Advisors, LLC2,707$215.0K0.02%−154−5.4%Reduced
Elevatus Welath Management2,737$217.3K0.06%−450−14.1%Reduced
Legacy Financial Advisors, Inc.2,737$217.4K0.03%+2,737New
BCS Wealth Management2,740$217.6K0.02%+2,740New
First Manhattan Co2,744$217.9K0.00%00.0%Unchanged
One Capital Management, LLC2,775$220.4K0.01%00.0%Unchanged
Central Pacific Bank - Trust Division2,800$222.3K0.03%00.0%Unchanged
Fidelis Capital Partners, LLC2,809$223.1K0.02%−9−0.3%Reduced
West Family Investments, Inc.2,812$223.3K0.05%+342+13.8%Added
Hanson & Doremus Investment Management2,825$224.0K0.03%−76−2.6%Reduced