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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
Resonant Capital Advisors, LLC2,822$224.1K0.01%+74+2.7%Added
Essex Financial Services, Inc.2,836$225.2K0.01%+2,836New
Walser Wealth Management Company, A Ltd Liability Co2,861$227.2K0.12%+2,861New
Fukoku Mutual Life Insurance Co2,866$227.6K0.01%−261−8.3%Reduced
Plante Moran Financial Advisors, LLC2,866$227.6K0.01%00.0%Unchanged
Duncker Streett & Co Inc2,875$228.3K0.04%00.0%Unchanged
Westfuller Advisors, LLC2,877$228.5K0.09%+105+3.8%Added
Premier Path Wealth Partners, LLC2,910$231.1K0.03%+5+0.2%Added
Checchi Capital Advisers, LLC2,915$231.5K0.02%−143−4.7%Reduced
Cornerstone Wealth Management, LLC2,920$231.9K0.01%+2,920New
BostonPremier Wealth LLC2,925$232.3K0.12%00.0%Unchanged
Beese Fulmer Investment Management, Inc.2,934$233.0K0.02%+2,934New
Valmark Advisers, Inc.2,962$235.2K0.00%+2,962New
D'Orazio & Associates, Inc.2,962$235.2K0.03%00.0%Unchanged
Balboa Wealth Partners2,963$235.3K0.04%−434−12.8%Reduced
Jaffetilchin Investment Partners, LLC2,975$236.2K0.01%+41+1.4%Added
Capital Advisory Group Advisory Services, LLC2,978$236.5K0.07%−1,384−31.7%Reduced
Fairfield Financial Advisors, LTD2,980$236.6K0.08%00.0%Unchanged
Westpac Banking Corp2,989$237.4K0.01%+637+27.1%Added
Allegiance Financial Group Advisory Services LLC2,997$238.0K0.05%+2,997New
Aviance Capital Partners, LLC3,000$238.2K0.03%−41−1.3%Reduced
Northwest Wealth Management, LLC3,020$239.8K0.04%+3,020New
Central Trust Co3,037$241.2K0.00%−377−11.0%Reduced
Claret Asset Management Corp3,045$242.0K0.03%+145+5.0%Added
Dynamic Wealth Strategies, LLC3,055$242.6K0.14%+667+27.9%Added
Keel Point, LLC3,082$244.7K0.01%+400+14.9%Added
Two Sigma Securities, LLC3,095$245.8K0.03%+3,095New
NorthRock Partners, LLC3,099$246.1K0.00%−9,574−75.5%Reduced
Los Angeles Capital Management LLC2,924$246.2K0.00%−7,795−72.7%Reduced
Taylor Hoffman Capital Management LLC3,113$247.2K0.08%00.0%Unchanged
Sowell Financial Services LLC3,136$249.0K0.01%−273−8.0%Reduced
Austin Private Wealth, LLC3,161$251.0K0.02%−29−0.9%Reduced
Blueshift Asset Management, LLC3,180$252.5K0.07%+3,180New
SmartHarvest Portfolios, LLC3,183$252.8K0.09%+3,183New
Impact Investors, Inc3,184$252.8K0.18%00.0%Unchanged
Ipswich Investment Management Co., Inc.3,190$253.3K0.06%00.0%Unchanged
Purkiss Capital Advisors LLC3,190$253.3K0.12%00.0%Unchanged
Turtle Creek Wealth Advisors, LLC3,210$254.9K0.02%+3,210New
Archer Investment Corp3,211$255.0K0.06%+3,081+2,370.0%Added
L2 Asset Management, LLC3,213$255.1K0.03%+221+7.4%Added
Abel Hall, LLC3,225$256.1K0.06%+3,225New
Drive Wealth Management, LLC3,226$256.1K0.05%+3,226New
GenTrust, LLC3,226$256.2K0.01%+3,226New
Knightsbridge Asset Management, LLC3,230$256.5K0.04%+3,230New
Columbus Macro, LLC3,233$256.7K0.03%−112−3.3%Reduced
Red Door Wealth Management, LLC3,242$257.4K0.03%+2+0.1%Added
SageView Advisory Group, LLC3,249$258.0K0.01%+69+2.2%Added
BIP Wealth, LLC3,259$258.8K0.01%−625−16.1%Reduced
Abacus Wealth Partners, LLC3,305$262.4K0.03%+3,305New
Gladstone Institutional Advisory LLC3,325$264.1K0.01%−146−4.2%Reduced
Camden Capital, LLC3,338$265.1K0.02%+3,338New
Rice Partnership, LLC3,345$265.6K0.04%00.0%Unchanged
South Shore Capital Advisors3,350$266.0K0.19%+3,350New
Quest Partners LLC3,360$266.8K0.01%+111+3.4%Added
Level Four Advisory Services, LLC3,367$267.4K0.01%−43−1.3%Reduced
Fulcrum Asset Management LLP3,351$269.1K0.07%−99−2.9%Reduced
Lafayette Investments, Inc.3,401$270.1K0.05%+1,018+42.7%Added
Insigneo Advisory Services, LLC3,427$272.1K0.02%−277−7.5%Reduced
Ariadne Wealth Management, LP3,232$272.3K0.11%+20+0.6%Added
IHT Wealth Management, LLC3,439$273.1K0.01%−59−1.7%Reduced
Poinciana Advisors Group, LLC3,443$273.4K0.22%−15−0.4%Reduced
BLB&B Advisors, LLC3,457$274.5K0.01%−1,918−35.7%Reduced
Sym Financial Corp3,490$277.1K0.03%+750+27.4%Added
Gabelli & Co Investment Advisers, Inc.3,500$277.9K0.04%00.0%Unchanged
Conning Inc.3,534$280.6K0.01%−222−5.9%Reduced
Pinnacle Wealth Planning Services, Inc.3,541$281.2K0.03%−2−0.1%Reduced
Aprio Wealth Management, LLC3,561$282.8K0.02%+153+4.5%Added
Change Path, LLC3,565$283.1K0.01%−3,744−51.2%Reduced
OneAscent Investment Solutions LLC3,637$288.8K0.31%−31−0.8%Reduced
Group One Trading, L.P.3,643$289.3K0.01%+3,643New
Versant Capital Management, Inc3,648$289.7K0.04%+1,999+121.2%Added
Philadelphia Trust Co3,650$290.0K0.02%00.0%Unchanged
Essential Partners LLC3,654$290.2K0.09%+2,519+221.9%Added
Florida Financial Advisors, LLC3,671$290.2K0.08%−9,116−71.3%Reduced
AlphaCore Capital LLC3,657$290.4K0.01%+3,657New
EntryPoint Capital, LLC3,713$294.8K0.12%−522−12.3%Reduced
Soltis Investment Advisors LLC3,727$295.9K0.02%+1,166+45.5%Added
Counterpoint Mutual Funds LLC3,735$296.6K0.02%+3,735New
Alpha Family Trust3,745$297.4K0.14%00.0%Unchanged
Gryphon Financial Partners LLC3,747$297.6K0.03%+248+7.1%Added
Sentinus, LLC3,758$298.4K0.03%+3,758New
RMR Wealth Builders3,775$299.8K0.02%−42−1.1%Reduced
Truvestments Capital LLC3,778$300.0K0.05%+30+0.8%Added
Meiji Yasuda Life Insurance Co3,780$300.2K0.01%+3,780New
Ascent Group, LLC3,781$300.2K0.01%+97+2.6%Added
Arwa LLC3,781$300.2K0.18%+3,781New
Waldron Private Wealth LLC3,787$300.7K0.01%+3,787New
Pennsylvania Capital Management Inc3,800$301.8K0.08%−4−0.1%Reduced
River Street Advisors LLC3,805$302.2K0.11%00.0%Unchanged
Washington Trust Co3,825$303.7K0.01%00.0%Unchanged
Exchange Traded Concepts, LLC3,830$304.1K0.00%−12,612−76.7%Reduced
Focus Financial Network, Inc.3,845$305.3K0.01%00.0%Unchanged
Optas, LLC3,856$306.2K0.05%−1,448−27.3%Reduced
First National Trust Co3,861$306.6K0.01%−197−4.9%Reduced
Impact Partnership Wealth, LLC3,869$307.2K0.04%+3,869New
Mutual Advisors, LLC3,870$307.3K0.01%−94−2.4%Reduced
waypoint wealth counsel3,873$307.6K0.11%+3,873New
OneAscent Financial Services LLC3,887$308.7K0.03%+395+11.3%Added
S-Bank Fund Management Ltd3,907$310.3K0.04%−973−19.9%Reduced
Kingswood Wealth Advisors, LLC3,920$311.3K0.02%+153+4.1%Added