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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
Everhart Financial Group, Inc.5,704$453.0K0.04%−364−6.0%Reduced
Invesco, LLC5,714$453.7K0.15%−146−2.5%Reduced
Chicago Partners Investment Group LLC5,563$454.2K0.01%+1,708+44.3%Added
Crumly & Associates Inc.5,721$454.3K0.10%+776+15.7%Added
Advyzon Investment Management, LLC5,741$455.9K0.05%+693+13.7%Added
Dara Capital US, Inc.5,801$460.7K0.41%+5,801New
Novare Capital Management LLC5,807$461.1K0.03%+400+7.4%Added
Catalyst Financial Partners LLC5,870$466.1K0.05%+847+16.9%Added
Calamos Wealth Management LLC5,929$470.8K0.02%+832+16.3%Added
Money Concepts Capital Corp5,931$471.0K0.03%+5,931New
Pinnacle Associates Ltd5,940$471.7K0.01%+5,940New
Keating Financial Advisory Services, Inc.5,952$472.6K0.06%+5,952New
AdvisorShares Investments LLC6,000$476.5K0.08%+6,000New
CIBC Private Wealth Group, LLC6,031$478.9K0.00%−1,564−20.6%Reduced
Transcend Wealth Collective, LLC6,073$482.3K0.04%+3,406+127.7%Added
Cigna Investments Inc6,094$484.0K0.07%−213−3.4%Reduced
StoneX Group Inc.6,063$484.0K0.02%−12,813−67.9%Reduced
WBI Investments6,098$484.2K0.13%+6,098New
denkapparat Operations GmbH6,132$486.9K0.26%+2,234+57.3%Added
Parrish Capital LLC6,141$487.7K0.44%+6,141New
Capstone Investment Advisors, LLC6,143$487.8K0.00%−14,485−70.2%Reduced
Wealth Quarterback LLC6,148$488.2K0.18%−743−10.8%Reduced
Pensionmark Financial Group, LLC6,150$488.4K0.01%+826+15.5%Added
Ambassador Advisors, LLC6,174$490.3K0.07%−50,097−89.0%Reduced
Mascagni Wealth Management, Inc.6,191$491.6K0.37%00.0%Unchanged
Savvy Advisors, Inc.6,194$491.8K0.02%+1,455+30.7%Added
Azimuth Capital Investment Management LLC6,235$495.1K0.02%−175−2.7%Reduced
Kaydan Wealth Management, Inc.6,238$495.4K0.14%−609−8.9%Reduced
Clear Creek Financial Management, LLC6,263$497.3K0.04%−150−2.3%Reduced
Savant Capital, LLC6,332$502.8K0.00%+1,584+33.4%Added
Convergence Financial, LLC6,379$506.6K0.07%−23,415−78.6%Reduced
Gerber, LLC6,400$508.2K0.28%00.0%Unchanged
JPL Wealth Management, LLC6,410$509.0K0.12%−392−5.8%Reduced
TCG Advisory Services, LLC6,427$510.4K0.01%−1,624−20.2%Reduced
Brookstone Capital Management6,442$511.6K0.01%+1,547+31.6%Added
Catalyst Capital Advisors LLC6,459$512.9K0.01%+128+2.0%Added
Byrne Financial Freedom, LLC6,483$514.8K0.24%+700+12.1%Added
GEM Asset Management, LLC6,495$519.7K0.23%00.0%Unchanged
Allen Mooney & Barnes Investment Advisors LLC6,590$523.3K0.08%+243+3.8%Added
New England Research & Management, Inc.6,595$523.7K0.23%−1,610−19.6%Reduced
Winton Group Ltd6,595$523.7K0.02%+6,595New
LeConte Wealth Management, LLC6,612$525.1K0.34%+924+16.2%Added
SCS Capital Management LLC6,617$525.5K0.01%−20−0.3%Reduced
Polymer Capital Management (US) LLC6,633$526.7K0.07%−664−9.1%Reduced
Maridea Wealth Management LLC6,669$529.6K0.08%+1,759+35.8%Added
Quantum Private Wealth, LLC6,705$532.4K0.16%00.0%Unchanged
VARCOV Co.6,711$532.9K0.21%+6,711New
Mach-1 Financial Group, Inc.6,727$534.2K0.11%+6,727New
RMB Capital Management, LLC6,776$538.1K0.01%+6,776New
Howland Capital Management LLC6,800$540.0K0.02%00.0%Unchanged
Ritholtz Wealth Management6,807$540.5K0.01%+611+9.9%Added
Keybank National Association6,823$541.8K0.00%+1,964+40.4%Added
Towarzystwo Funduszy Inwestycyjnych Pzu SA6,890$547.1K0.14%+1,810+35.6%Added
SRS Capital Advisors, Inc.6,906$548.4K0.02%−10,274−59.8%Reduced
Fifth Third Wealth Advisors LLC6,929$550.2K0.02%−280−3.9%Reduced
Oxford Asset Management LLP6,972$553.6K0.20%+6,972New
Studio Investment Management LLC6,974$553.8K0.10%+6,974New
Corient IA LLC7,000$555.9K0.52%00.0%Unchanged
Evergreen Capital Management LLC7,059$560.6K0.01%+80+1.1%Added
Alpha Zero LLC7,081$562.3K0.31%+257+3.8%Added
Trust Asset Management LLC7,086$562.7K0.04%−266−3.6%Reduced
Tempo Wealth, LLC7,102$564.0K0.10%+7,102New
Parallel Advisors, LLC7,149$567.7K0.01%+341+5.0%Added
Peck Wealth Management, LLC7,175$569.8K0.54%−525−6.8%Reduced
Odyssean, LLC7,192$571.1K0.41%+7,192New
Wealth Alliance Advisory Group, LLC7,212$572.7K0.10%+6+0.1%Added
1832 Asset Management L.P.7,244$575.2K0.00%−22,564−75.7%Reduced
Cassaday & Co Wealth Management LLC7,265$576.9K0.01%00.0%Unchanged
Dorsey & Whitney Trust CO LLC7,269$577.2K0.03%+184+2.6%Added
Cache Advisors, LLC7,285$578.5K0.07%00.0%Unchanged
Armis Advisers, LLC7,108$578.6K0.07%+2,235+45.9%Added
Boothbay Fund Management, LLC7,365$584.9K0.02%+3,883+111.5%Added
Wesbanco Bank Inc7,389$586.8K0.02%−17−0.2%Reduced
State of Wyoming7,391$586.9K0.06%+5,284+250.8%Added
Unique Wealth Strategies, LLC7,404$587.9K0.23%+1,885+34.2%Added
CX Institutional7,472$593.0K0.02%+29+0.4%Added
Thrive Wealth Management, LLC7,489$594.7K0.09%+19+0.3%Added
NTV Asset Management LLC7,500$595.6K0.06%00.0%Unchanged
Northside Capital Management, LLC7,500$595.6K0.05%+2,500+50.0%Added
Meiji Yasuda Asset Management Co Ltd.7,522$597.3K0.03%+857+12.9%Added
GTS Securities LLC7,528$597.8K0.02%−5,510−42.3%Reduced
EverSource Wealth Advisors, LLC7,580$602.0K0.02%+4,629+156.9%Added
Freestone Capital Holdings, LLC7,582$602.1K0.02%−58−0.8%Reduced
Wedmont Private Capital7,622$609.9K0.02%+843+12.4%Added
Global Retirement Partners, LLC7,730$613.8K0.01%+3,543+84.6%Added
Probity Advisors, Inc.7,749$615.3K0.10%+4,466+136.0%Added
AlphaGrep UK Ltd7,785$618.2K0.21%+7,785New
Archford Capital Strategies, LLC7,791$618.7K0.07%+154+2.0%Added
Hallmark Capital Management Inc7,859$624.1K0.04%+107+1.4%Added
Stiles Financial Services Inc7,865$624.6K0.19%+4,215+115.5%Added
Fielder Capital Group LLC7,898$627.2K0.13%+1,167+17.3%Added
Fox Run Management, L.L.C.7,952$631.5K0.10%+7,952New
Atticus Wealth Management, LLC7,955$631.7K0.16%00.0%Unchanged
Ellevest, Inc.8,021$636.9K0.09%−177−2.2%Reduced
Sigma Planning Corp7,939$639.1K0.02%+603+8.2%Added
Salem Investment Counselors Inc8,129$645.5K0.02%00.0%Unchanged
Capital Investment Advisory Services, LLC8,129$645.5K0.05%+1,266+18.4%Added
Expressive Wealth LLC8,131$645.7K0.70%+8,131New
Warren Averett Asset Management, LLC8,215$652.3K0.01%+4,311+110.4%Added
FineMark National Bank & Trust8,259$655.8K0.02%−746−8.3%Reduced