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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
PAX Financial Group, LLC20,171$1.60M0.28%−5,836−22.4%Reduced
Northwestern Mutual Investment Management Company, LLC20,196$1.60M0.02%−563−2.7%Reduced
Patriot Financial Group Insurance Agency, LLC20,224$1.61M0.19%−125−0.6%Reduced
Bangor Savings Bank20,517$1.63M0.13%−817−3.8%Reduced
Alphadyne Asset Management LP20,769$1.65M0.16%+20,769New
Goodman Advisory Group, LLC20,780$1.65M0.41%+19,574+1,623.1%Added
Independent Advisor Alliance20,986$1.67M0.04%−2,876−12.1%Reduced
D.A. Davidson & Co.21,025$1.67M0.01%+898+4.5%Added
China Universal Asset Management Co., Ltd.21,044$1.67M0.13%−10,185−32.6%Reduced
Fifth Third Bancorp21,187$1.68M0.01%+576+2.8%Added
Commerce Bank21,211$1.68M0.01%−6,922−24.6%Reduced
Empirical Finance, LLC21,220$1.69M0.08%−935−4.2%Reduced
Symphony Financial, Ltd. Co.21,001$1.69M0.23%+9,317+79.7%Added
Brinker Capital Investments, LLC21,598$1.72M0.01%−15,700−42.1%Reduced
Steinberganna Wealth Management21,615$1.72M0.80%+210+1.0%Added
Gradient Investments LLC21,631$1.72M0.03%+628+3.0%Added
Private Advisor Group, LLC21,693$1.72M0.01%−2,651−10.9%Reduced
North Dakota State Investment Board21,808$1.73M0.06%+21,808New
Eurizon SLJ Capital Ltd21,966$1.74M0.69%+21,966New
Sumitomo Life Insurance Co22,029$1.75M0.05%+70+0.3%Added
Virtus Investment Advisers, Inc.22,213$1.76M0.48%+4,740+27.1%Added
Quantitative Investment Management, LLC22,239$1.76M0.17%−13,156−37.2%Reduced
Laird Norton Trust Company, LLC22,725$1.80M0.04%+22,725New
Tokio Marine Asset Management Co Ltd22,798$1.81M0.06%−172−0.7%Reduced
Lifestyle Asset Management, Inc.22,813$1.81M0.59%+2,033+9.8%Added
Tealwood Asset Management Inc22,830$1.81M0.81%−231−1.0%Reduced
Tema ETFs LLC22,957$1.82M0.14%−590−2.5%Reduced
Bell Bank23,014$1.83M0.08%+11,118+93.5%Added
Qsemble Capital Management, LP23,076$1.83M0.15%+23,076New
Integrity Alliance, LLC.23,085$1.83M0.07%+23,085New
CoreCap Advisors, LLC23,677$1.88M0.07%+6,899+41.1%Added
Sequoia Financial Advisors, LLC23,836$1.89M0.01%+7,973+50.3%Added
Alps Advisors Inc23,925$1.90M0.01%−2,556−9.7%Reduced
Strategy Asset Managers LLC24,163$1.92M0.32%+328+1.4%Added
Whittier Trust Co of Nevada Inc24,752$1.94M0.04%00.0%Unchanged
Moors & Cabot, Inc.24,503$1.95M0.08%−2,000−7.5%Reduced
Maia Wealth LLC23,118$1.95M0.33%+4,427+23.7%Added
Shaker Investments LLC24,916$1.98M0.82%−16,397−39.7%Reduced
Iyo Bank, Ltd.25,050$1.99M0.63%00.0%Unchanged
Truist Financial Corp25,148$2.00M0.00%−5,024−16.7%Reduced
Summit Trail Advisors, LLC25,170$2.00M0.03%+3,210+14.6%Added
Dai-Ichi Life Insurance Company, Ltd25,184$2.00M0.05%−1,600−6.0%Reduced
Congress Park Capital LLC25,348$2.01M0.60%+3,678+17.0%Added
RB Capital Management, LLC25,450$2.02M0.41%−2,525−9.0%Reduced
Colony Group, LLC25,465$2.02M0.00%+25,465New
Vise Technologies, Inc.25,475$2.02M0.04%+9,884+63.4%Added
MUFG Securities EMEA plc25,913$2.06M0.02%+13,446+107.9%Added
Oak Associates, Ltd25,980$2.06M0.12%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC26,234$2.08M0.01%+1,417+5.7%Added
Eagle Capital Management, LLC26,353$2.09M0.76%−380−1.4%Reduced
Sterling Capital Management LLC26,654$2.12M0.03%−597−2.2%Reduced
Freedom Day Solutions, LLC26,921$2.14M0.58%−438−1.6%Reduced
Assenagon Asset Management S.A.26,970$2.14M0.00%+9,807+57.1%Added
PKO Investment Management Joint-Stock Co27,000$2.14M0.17%+7,000+35.0%Added
Cumberland Partners Ltd27,000$2.14M0.13%−5,500−16.9%Reduced
Omers Administration Corp27,132$2.15M0.02%−17,199−38.8%Reduced
HMS Capital Management, LLC27,234$2.16M0.89%−2,872−9.5%Reduced
AG2R la Mondiale Gestion D'Actifs27,274$2.17M0.10%+2,588+10.5%Added
Flagship Harbor Advisors, LLC27,740$2.20M0.10%−8,895−24.3%Reduced
Verition Fund Management LLC27,866$2.21M0.01%−4,977−15.2%Reduced
Twin Capital Management Inc28,014$2.22M0.28%−42−0.1%Reduced
Balyasny Asset Management LLC28,571$2.27M0.00%+11,102+63.6%Added
Lombard Odier Asset Management (Switzerland) SA28,607$2.27M0.10%+6,098+27.1%Added
Headlands Technologies LLC28,917$2.30M0.19%+7,195+33.1%Added
Choate Investment Advisors29,102$2.31M0.05%+21,890+303.5%Added
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management29,291$2.33M0.04%+417+1.4%Added
Procyon Private Wealth Partners, LLC29,301$2.33M0.11%+5,062+20.9%Added
United Asset Strategies, Inc.29,488$2.34M0.18%+261+0.9%Added
Ssa Swiss Advisors AG28,710$2.34M1.09%00.0%Unchanged
Aft, Forsyth & Sober, LLC29,750$2.36M0.72%00.0%Unchanged
MRP Capital Investments, LLC29,906$2.37M1.99%+118+0.4%Added
New Mexico Educational Retirement Board30,050$2.39M0.07%+1,300+4.5%Added
Farther Finance Advisors, LLC30,047$2.39M0.03%+9,726+47.9%Added
Redwood Investment Management, LLC30,220$2.40M0.27%+30,220New
Prime Capital Investment Advisors, LLC30,252$2.40M0.03%−4,679−13.4%Reduced
Alamar Capital Management, LLC30,405$2.41M1.33%−22,540−42.6%Reduced
Summit Global Investments30,485$2.42M0.14%+23,675+347.7%Added
M&T Bank Corp30,869$2.45M0.01%+6,117+24.7%Added
Metis Global Partners, LLC30,892$2.45M0.06%+3,756+13.8%Added
Parallax Volatility Advisers, L.P.31,116$2.47M0.08%+12,600+68.0%Added
Maryland State Retirement & Pension System31,326$2.49M0.05%00.0%Unchanged
BDF-Gestion32,100$2.55M0.31%+32,100New
XTX Topco Ltd32,109$2.55M0.07%+14,980+87.5%Added
Weiss Asset Management LP32,265$2.56M0.04%+32,265New
Hancock Whitney Corp32,439$2.58M0.05%−10,320−24.1%Reduced
Abn Amro Investment Solutions32,624$2.59M0.04%+25,800+378.1%Added
Boomfish Wealth Group, LLC32,785$2.60M1.39%−326−1.0%Reduced
Stratos Wealth Advisors, LLC32,926$2.61M0.13%+11,884+56.5%Added
Gulf International Bank (UK) Ltd32,969$2.62M0.08%+200+0.6%Added
Caxton Associates LLP33,283$2.64M0.05%+26,539+393.5%Added
Caisse des Depots Et Consignations33,548$2.66M0.06%+22,682+208.7%Added
Gilpin Wealth Management, LLC33,554$2.66M2.11%+33,554New
Buckingham Strategic Partners33,889$2.69M0.03%+9,110+36.8%Added
Bokf, NA34,434$2.73M0.04%−4,663−11.9%Reduced
Account Management LLC34,568$2.75M2.95%00.0%Unchanged
B. Metzler seel. Sohn & Co. AG34,817$2.77M0.02%−55,573−61.5%Reduced
Arkadios Wealth Advisors35,040$2.78M0.06%−7,081−16.8%Reduced
Global X Japan Co., Ltd.35,102$2.79M0.21%+27,779+379.3%Added
Intesa Sanpaolo S.p.A.34,720$2.79M0.18%+34,720New
Y-Intercept (Hong Kong) Ltd36,189$2.87M0.06%+36,189New