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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
Flossbach Von Storch AG13,031$1.03M0.00%+3,278+33.6%Added
Kinneret Advisory, LLC13,135$1.04M0.09%−359−2.7%Reduced
Inscription Capital, LLC13,165$1.05M0.11%+5,799+78.7%Added
Venture Visionary Partners LLC13,177$1.05M0.03%−60−0.5%Reduced
Marex Group plc13,194$1.05M0.01%−1,015−7.1%Reduced
Impax Asset Management Group plc13,327$1.06M0.01%+13,327New
Ducere Wealth Management LLC13,359$1.06M0.41%+13,359New
Inspire Advisors, LLC13,398$1.06M0.10%−31,271−70.0%Reduced
Havemeyer Place LP13,466$1.07M0.21%+13,466New
Wealthspire Advisors, LLC13,475$1.07M0.01%+9,989+286.5%Added
Meeder Advisory Services, Inc.13,481$1.07M0.05%+32+0.2%Added
Saturna Capital CORP13,625$1.08M0.01%−6,709−33.0%Reduced
Capital Analysts, LLC13,639$1.08M0.03%00.0%Unchanged
Stephens Inc13,686$1.09M0.01%−752−5.2%Reduced
Analyst IMS Investment Management Services Ltd.13,693$1.09M0.03%00.0%Unchanged
Eventide Asset Management, LLC13,582$1.09M0.02%+1,886+16.1%Added
Coldstream Capital Management Inc13,746$1.09M0.01%+1,254+10.0%Added
Concurrent Investment Advisors, LLC13,983$1.11M0.01%+1,526+12.3%Added
Canada Post Corp Registered Pension Plan13,990$1.11M0.04%+3,460+32.9%Added
Fragasso Group Inc.14,009$1.11M0.07%−916−6.1%Reduced
Wedbush Securities Inc14,039$1.11M0.03%−479−3.3%Reduced
MASTERINVEST Kapitalanlage GmbH13,982$1.12M0.11%−632−4.3%Reduced
Quadrant Capital Group LLC14,316$1.14M0.03%+25+0.2%Added
SHUTTLEWORTH & Co14,353$1.14M1.04%−1,806−11.2%Reduced
Birchbrook, Inc.14,410$1.14M0.57%+1,095+8.2%Added
Duncan Williams Asset Management, LLC14,211$1.15M0.29%−882−5.8%Reduced
Orion Capital Management LLC14,525$1.15M0.39%−78−0.5%Reduced
First United Bank Trust14,540$1.15M0.37%−795−5.2%Reduced
MAI Capital Management14,625$1.16M0.01%+629+4.5%Added
Groesbeck Investment Management Corp14,649$1.16M2.19%00.0%Unchanged
Alessandra Capital Management, LLC14,730$1.17M1.04%+14,730New
JGP Wealth Management, LLC14,802$1.18M0.12%+719+5.1%Added
DMG Group, LLC14,803$1.18M0.78%+59+0.4%Added
TRUE Private Wealth Advisors14,877$1.18M0.12%−754−4.8%Reduced
Aaron Wealth Advisors15,059$1.20M0.07%+7,226+92.3%Added
Sunbelt Securities, Inc.15,088$1.20M0.08%−6,114−28.8%Reduced
Ostrum Asset Management15,107$1.20M0.06%−5,005−24.9%Reduced
Buck Wealth Strategies, LLC15,145$1.20M0.15%+8,443+126.0%Added
Adviser Investments LLC15,173$1.20M0.01%+48+0.3%Added
J.W. Cole Advisors, Inc.15,717$1.21M0.03%+498+3.3%Added
FIL Ltd15,248$1.21M0.00%−714−4.5%Reduced
Picton Mahoney Asset Management15,254$1.21M0.01%+15,239+101,593.3%Added
Signaturefd, LLC15,379$1.22M0.02%−2,167−12.4%Reduced
Callan Family Office, LLC15,386$1.22M0.03%+5,159+50.4%Added
Fox Hill Wealth Management15,470$1.23M0.57%−478−3.0%Reduced
Plato Investment Management Ltd15,401$1.23M0.08%−667−4.2%Reduced
RSM US Wealth Management LLC15,372$1.23M0.02%−824−5.1%Reduced
Alteri Wealth LLC15,556$1.24M0.40%+23+0.1%Added
Argonautica Private Wealth Management, Inc15,695$1.25M0.37%−701−4.3%Reduced
ORBA Wealth Advisors, L.L.C.15,742$1.25M1.09%−4,456−22.1%Reduced
Cullen/Frost Bankers, Inc.15,805$1.26M0.01%+79+0.5%Added
Aptus Capital Advisors, LLC15,943$1.27M0.01%+1,139+7.7%Added
Cooper Financial Group15,976$1.27M0.13%+388+2.5%Added
Harold Davidson & Associates Inc.16,067$1.28M0.56%−293−1.8%Reduced
Enterprise Financial Services Corp16,101$1.28M0.65%+49+0.3%Added
KLCM Advisors, Inc.16,125$1.28M0.11%00.0%Unchanged
Atomi Financial Group, Inc.16,128$1.28M0.04%+4,993+44.8%Added
Valeo Financial Advisors, LLC16,393$1.30M0.03%+1,154+7.6%Added
Livforsakringsbolaget Skandia, Omsesidigt16,412$1.30M0.05%+11,200+214.9%Added
V-Square Quantitative Management LLC16,677$1.32M0.14%+1,790+12.0%Added
Integrated Wealth Concepts LLC16,695$1.33M0.02%−2,951−15.0%Reduced
Kentucky Retirement Systems Insurance Trust Fund16,745$1.33M0.09%00.0%Unchanged
Everence Capital Management Inc16,834$1.34M0.08%+4,418+35.6%Added
Squarepoint Ops LLC16,845$1.34M0.00%−528−3.0%Reduced
Envestnet Portfolio Solutions, Inc.16,881$1.34M0.00%−780−4.4%Reduced
Stance Capital LLC16,951$1.35M0.49%+87+0.5%Added
MUFG Securities Americas Inc.17,029$1.35M0.08%−535−3.0%Reduced
Citizens Financial Group Inc17,071$1.36M0.02%+1,757+11.5%Added
WD Rutherford LLC17,151$1.36M0.57%−749−4.2%Reduced
Securian Asset Management, Inc17,188$1.36M0.05%−14,266−45.4%Reduced
Tobam17,421$1.38M0.34%−10,195−36.9%Reduced
Access Financial Services, Inc.17,625$1.40M0.51%+35+0.2%Added
Horizon Investments, LLC17,737$1.41M0.02%−11,854−40.1%Reduced
BNP Paribas17,718$1.41M0.04%+653+3.8%Added
DB Fitzpatrick & Co, Inc17,831$1.42M1.26%−126−0.7%Reduced
InTrack Investment Management Inc17,933$1.42M0.80%−425−2.3%Reduced
RFG Advisory, LLC18,036$1.43M0.03%−1,012−5.3%Reduced
JT Stratford LLC18,047$1.43M0.18%−7,005−28.0%Reduced
Capital Planning Advisors, LLC18,064$1.43M0.19%+1,810+11.1%Added
United Capital Financial Advisers, LLC18,066$1.43M0.01%+2,505+16.1%Added
GAMMA Investing LLC18,231$1.45M0.07%−556−3.0%Reduced
Versor Investments LP18,402$1.46M0.23%+10,300+127.1%Added
Equitable Holdings, Inc.18,476$1.47M0.01%−5,219−22.0%Reduced
EP Wealth Advisors, LLC18,485$1.47M0.01%+18,485New
Johnson Investment Counsel Inc18,827$1.50M0.01%−1,159−5.8%Reduced
Matauro, LLC18,833$1.50M0.23%−1,229−6.1%Reduced
Principal Securities, Inc.18,850$1.50M0.02%+4,612+32.4%Added
Jefferies Financial Group Inc.18,919$1.50M0.01%−4,204−18.2%Reduced
Perigon Wealth Management, LLC19,093$1.52M0.03%+5,793+43.6%Added
Apollon Wealth Management, LLC19,100$1.52M0.03%+992+5.5%Added
Greater Midwest Financial Group, LLC19,171$1.52M0.85%+2,258+13.4%Added
Krane Funds Advisors LLC19,200$1.52M0.05%+19,200New
LSV Asset Management19,335$1.53M0.00%00.0%Unchanged
Howard Capital Management Inc.19,446$1.54M0.02%+444+2.3%Added
Leelyn Smith, LLC19,600$1.56M0.23%+1,245+6.8%Added
Pallas Capital Advisors LLC19,752$1.57M0.05%+7,246+57.9%Added
Diversified Trust Co19,821$1.57M0.03%−5,462−21.6%Reduced
Machina Capital S.A.S.19,960$1.59M0.30%+5,964+42.6%Added
HB Wealth Management, LLC20,091$1.60M0.01%+6,514+48.0%Added
Azzad Asset Management Inc20,106$1.60M0.16%+16,230+418.7%Added