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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
Twinbeech Capital LP3,923$311.5K0.02%+3,923New
Abc Arbitrage SA3,966$314.9K0.03%+3,966New
Kera Capital Partners, Inc.3,908$317.6K0.04%+3,908New
Sheets Smith Wealth Management4,005$318.0K0.03%+48+1.2%Added
Haverford Trust Co4,029$319.9K0.00%+30+0.8%Added
Mattson Financial Services, LLC4,040$320.8K0.07%+1,567+63.4%Added
Heritage Wealth Advisors4,057$322.2K0.01%00.0%Unchanged
Simplify Asset Management Inc.4,059$322.3K0.01%+1,106+37.5%Added
PDS Planning, Inc4,110$326.4K0.02%+123+3.1%Added
OpenArc Corporate Advisory, LLC4,111$326.5K0.01%+4,111New
Jackson Thornton Asset Management, LLC4,162$326.5K0.03%+4,162New
Caldwell Trust Co4,125$327.6K0.03%00.0%Unchanged
Baker Avenue Asset Management, LP4,156$330.0K0.01%+4,156New
Oder Investment Management, LLC4,170$331.1K0.24%−591−12.4%Reduced
First Financial Bankshares Inc4,171$331.2K0.01%−41−1.0%Reduced
Capital Performance Advisors LLP4,185$332.3K0.02%+1,221+41.2%Added
STF Management LP4,189$332.6K0.31%−7,435−64.0%Reduced
Limestone Investment Advisors LP4,199$333.4K0.23%+4,199New
Frec Markets, Inc.4,235$336.3K0.10%+4,235New
Norden Group LLC4,281$340.0K0.03%+1,221+39.9%Added
La Banque Postale Asset Management SA4,287$340.4K0.00%+4,287New
Hantz Financial Services, Inc.4,304$342.0K0.01%+1,924+80.8%Added
Capital Investment Advisors, LLC4,314$342.6K0.01%−332−7.1%Reduced
Rare Wolf Capital LLC4,327$343.6K0.21%+4,327New
Strengthening Families & Communities, LLC4,353$345.7K0.12%+49+1.1%Added
MONECO Advisors, LLC4,366$346.7K0.03%−204−4.5%Reduced
Ramirez Asset Management, Inc.4,375$347.4K0.05%00.0%Unchanged
Zions Bancorporation, National Association4,395$349.0K0.02%+530+13.7%Added
Mission Wealth Management, LP4,417$350.8K0.01%+838+23.4%Added
Birchcreek Wealth Management, LLC4,452$353.5K0.17%00.0%Unchanged
Nomura Asset Management International Inc.4,463$354.0K0.00%+4,463New
Mather Group, LLC.4,517$358.7K0.00%+609+15.6%Added
Spire Wealth Management4,524$359.2K0.01%−1,541−25.4%Reduced
Mendel Money Management4,530$359.7K0.15%−125−2.7%Reduced
Net Worth Advisory Group4,551$361.4K0.07%−4,128−47.6%Reduced
Crestwood Advisors Group LLC4,560$362.1K0.01%+4,560New
Rathbone Brothers plc4,589$364.4K0.00%+2,038+79.9%Added
Elevated Private Wealth, LLC4,606$365.8K0.38%+4,606New
Wright Investors Service Inc4,630$367.7K0.11%−1,110−19.3%Reduced
Foundations Investment Advisors, LLC4,647$369.0K0.00%+717+18.2%Added
Perpetual Ltd4,680$371.6K0.01%+4,680New
Angeles Wealth Management, LLC4,691$372.5K0.02%−8−0.2%Reduced
Kirtland Hills Capital Management, LLC4,729$375.5K0.13%−383−7.5%Reduced
Rehmann Capital Advisory Group4,749$377.1K0.02%+16+0.3%Added
Texas Bank & Trust Co4,750$377.2K0.14%00.0%Unchanged
Dana Investment Advisors, Inc.4,758$377.8K0.01%−18,459−79.5%Reduced
Stenger Family Office, LLC4,819$382.7K0.08%−9,512−66.4%Reduced
Ci Investments Inc.4,821$382.8K0.00%+1,475+44.1%Added
Spinnaker Trust4,835$383.9K0.02%+300+6.6%Added
Summit Financial, LLC4,858$385.8K0.01%−42−0.9%Reduced
Silver Oak Securities, Inc4,805$385.9K0.03%−7,471−60.9%Reduced
Close Asset Management Ltd4,861$386.0K0.01%−604−11.1%Reduced
South Dakota Investment Council4,885$388.0K0.01%−300−5.8%Reduced
Avestar Capital, LLC4,899$389.0K0.03%−2,716−35.7%Reduced
BXM Wealth LLC4,900$389.1K0.30%−600−10.9%Reduced
Jackson Creek Investment Advisors LLC4,912$390.0K0.12%−154−3.0%Reduced
Yorktown Management & Research Co Inc4,950$393.1K0.31%00.0%Unchanged
Phoenix Holdings Ltd.4,972$394.8K0.00%+754+17.9%Added
Garde Capital, Inc.5,000$397.1K0.02%−25−0.5%Reduced
Zuckerman Investment Group, LLC5,000$397.1K0.04%00.0%Unchanged
Optimist Retirement Group LLC5,010$397.8K0.18%+122+2.5%Added
Conestoga Capital Advisors, LLC5,018$398.5K0.01%−2,195−30.4%Reduced
Fiduciary Alliance LLC5,029$399.4K0.03%−64−1.3%Reduced
Gabelli Funds LLC5,031$399.5K0.00%+1,000+24.8%Added
Investment Advisory Group, LLC5,058$401.7K0.10%00.0%Unchanged
SBI Securities Co., Ltd.5,068$402.4K0.01%−712−12.3%Reduced
Acorn Wealth Advisors, LLC5,114$406.1K0.12%−20.0%Reduced
TD Private Client Wealth LLC5,160$409.8K0.01%+557+12.1%Added
Sivia Capital Partners, LLC5,215$414.1K0.08%+5,215New
Pinnacle Wealth Management Advisory Group, LLC5,220$414.5K0.03%+5,220New
HHM Wealth Advisors, LLC5,234$415.6K0.05%−392−7.0%Reduced
Kovack Advisors, Inc.5,243$416.3K0.02%+1,073+25.7%Added
We Are One Seven, LLC5,245$416.5K0.01%−1,624−23.6%Reduced
Delta Investment Management, LLC5,250$416.9K0.07%+125+2.4%Added
Morningstar Investment Management LLC5,269$418.0K0.02%00.0%Unchanged
Resources Investment Advisors, LLC.5,274$418.8K0.00%−208−3.8%Reduced
Visionary Wealth Advisors5,307$421.4K0.02%+1,304+32.6%Added
Adams Wealth Management5,316$422.1K0.09%−40−0.7%Reduced
CacheTech Inc.5,316$422.1K0.08%−40−0.7%Reduced
Meridian Wealth Management, LLC5,327$423.0K0.01%−145−2.6%Reduced
Journey Strategic Wealth LLC5,342$424.2K0.01%+972+22.2%Added
Smartleaf Asset Management LLC5,330$428.1K0.02%+97+1.9%Added
Robertson Stephens Wealth Management, LLC5,395$428.4K0.01%+85+1.6%Added
Investment Partners Asset Management, Inc.5,397$428.6K0.27%+318+6.3%Added
Interchange Capital Partners, LLC5,422$430.6K0.08%−1,228−18.5%Reduced
Great Valley Advisor Group, Inc.5,425$431.0K0.01%−1,567−22.4%Reduced
Exencial Wealth Advisors, LLC5,431$431.3K0.01%+1,521+38.9%Added
National Asset Management, Inc.5,439$431.9K0.02%−5,525−50.4%Reduced
Retirement Planning Group5,456$433.3K0.01%00.0%Unchanged
KMG Fiduciary Partners, LLC5,468$434.2K0.03%+5,468New
Sax Wealth Advisors, LLC5,511$437.6K0.02%−436−7.3%Reduced
Regions Financial Corp5,527$438.9K0.00%−719−11.5%Reduced
Pure Financial Advisors, Inc.5,545$440.3K0.01%+420+8.2%Added
Rothschild Investment LLC5,559$441.4K0.02%+2,612+88.6%Added
Wellspring Financial Advisors, LLC5,593$444.2K0.04%+5,593New
Capital Investment Counsel, Inc5,625$446.7K0.05%00.0%Unchanged
Kensington Investment Counsel, LLC5,637$447.6K0.18%+5,637New
Cornerstone Select Advisors, LLC5,663$449.7K0.31%−1,379−19.6%Reduced
Commerzbank Aktiengesellschaft5,663$450.0K0.01%+1,712+43.3%Added
Prasad Wealth Partners, LLC5,685$451.4K0.12%+5,685New