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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
Nomura Asset Management International Inc.4,463$354.0K0.00%+4,463New
Birchcreek Wealth Management, LLC4,452$353.5K0.17%00.0%Unchanged
Mission Wealth Management, LP4,417$350.8K0.01%+838+23.4%Added
Zions Bancorporation, National Association4,395$349.0K0.02%+530+13.7%Added
Ramirez Asset Management, Inc.4,375$347.4K0.05%00.0%Unchanged
MONECO Advisors, LLC4,366$346.7K0.03%−204−4.5%Reduced
Strengthening Families & Communities, LLC4,353$345.7K0.12%+49+1.1%Added
Rare Wolf Capital LLC4,327$343.6K0.21%+4,327New
Capital Investment Advisors, LLC4,314$342.6K0.01%−332−7.1%Reduced
Hantz Financial Services, Inc.4,304$342.0K0.01%+1,924+80.8%Added
La Banque Postale Asset Management SA4,287$340.4K0.00%+4,287New
Norden Group LLC4,281$340.0K0.03%+1,221+39.9%Added
Frec Markets, Inc.4,235$336.3K0.10%+4,235New
Limestone Investment Advisors LP4,199$333.4K0.23%+4,199New
STF Management LP4,189$332.6K0.31%−7,435−64.0%Reduced
Capital Performance Advisors LLP4,185$332.3K0.02%+1,221+41.2%Added
First Financial Bankshares Inc4,171$331.2K0.01%−41−1.0%Reduced
Oder Investment Management, LLC4,170$331.1K0.24%−591−12.4%Reduced
Baker Avenue Asset Management, LP4,156$330.0K0.01%+4,156New
Caldwell Trust Co4,125$327.6K0.03%00.0%Unchanged
Jackson Thornton Asset Management, LLC4,162$326.5K0.03%+4,162New
OpenArc Corporate Advisory, LLC4,111$326.5K0.01%+4,111New
PDS Planning, Inc4,110$326.4K0.02%+123+3.1%Added
Simplify Asset Management Inc.4,059$322.3K0.01%+1,106+37.5%Added
Heritage Wealth Advisors4,057$322.2K0.01%00.0%Unchanged
Mattson Financial Services, LLC4,040$320.8K0.07%+1,567+63.4%Added
Haverford Trust Co4,029$319.9K0.00%+30+0.8%Added
Sheets Smith Wealth Management4,005$318.0K0.03%+48+1.2%Added
Kera Capital Partners, Inc.3,908$317.6K0.04%+3,908New
Abc Arbitrage SA3,966$314.9K0.03%+3,966New
Twinbeech Capital LP3,923$311.5K0.02%+3,923New
Kingswood Wealth Advisors, LLC3,920$311.3K0.02%+153+4.1%Added
S-Bank Fund Management Ltd3,907$310.3K0.04%−973−19.9%Reduced
OneAscent Financial Services LLC3,887$308.7K0.03%+395+11.3%Added
waypoint wealth counsel3,873$307.6K0.11%+3,873New
Mutual Advisors, LLC3,870$307.3K0.01%−94−2.4%Reduced
Impact Partnership Wealth, LLC3,869$307.2K0.04%+3,869New
First National Trust Co3,861$306.6K0.01%−197−4.9%Reduced
Optas, LLC3,856$306.2K0.05%−1,448−27.3%Reduced
Focus Financial Network, Inc.3,845$305.3K0.01%00.0%Unchanged
Exchange Traded Concepts, LLC3,830$304.1K0.00%−12,612−76.7%Reduced
Washington Trust Co3,825$303.7K0.01%00.0%Unchanged
River Street Advisors LLC3,805$302.2K0.11%00.0%Unchanged
Pennsylvania Capital Management Inc3,800$301.8K0.08%−4−0.1%Reduced
Waldron Private Wealth LLC3,787$300.7K0.01%+3,787New
Ascent Group, LLC3,781$300.2K0.01%+97+2.6%Added
Arwa LLC3,781$300.2K0.18%+3,781New
Meiji Yasuda Life Insurance Co3,780$300.2K0.01%+3,780New
Truvestments Capital LLC3,778$300.0K0.05%+30+0.8%Added
RMR Wealth Builders3,775$299.8K0.02%−42−1.1%Reduced
Sentinus, LLC3,758$298.4K0.03%+3,758New
Gryphon Financial Partners LLC3,747$297.6K0.03%+248+7.1%Added
Alpha Family Trust3,745$297.4K0.14%00.0%Unchanged
Counterpoint Mutual Funds LLC3,735$296.6K0.02%+3,735New
Soltis Investment Advisors LLC3,727$295.9K0.02%+1,166+45.5%Added
EntryPoint Capital, LLC3,713$294.8K0.12%−522−12.3%Reduced
AlphaCore Capital LLC3,657$290.4K0.01%+3,657New
Florida Financial Advisors, LLC3,671$290.2K0.08%−9,116−71.3%Reduced
Essential Partners LLC3,654$290.2K0.09%+2,519+221.9%Added
Philadelphia Trust Co3,650$290.0K0.02%00.0%Unchanged
Versant Capital Management, Inc3,648$289.7K0.04%+1,999+121.2%Added
Group One Trading, L.P.3,643$289.3K0.01%+3,643New
OneAscent Investment Solutions LLC3,637$288.8K0.31%−31−0.8%Reduced
Change Path, LLC3,565$283.1K0.01%−3,744−51.2%Reduced
Aprio Wealth Management, LLC3,561$282.8K0.02%+153+4.5%Added
Pinnacle Wealth Planning Services, Inc.3,541$281.2K0.03%−2−0.1%Reduced
Conning Inc.3,534$280.6K0.01%−222−5.9%Reduced
Gabelli & Co Investment Advisers, Inc.3,500$277.9K0.04%00.0%Unchanged
Sym Financial Corp3,490$277.1K0.03%+750+27.4%Added
BLB&B Advisors, LLC3,457$274.5K0.01%−1,918−35.7%Reduced
Poinciana Advisors Group, LLC3,443$273.4K0.22%−15−0.4%Reduced
IHT Wealth Management, LLC3,439$273.1K0.01%−59−1.7%Reduced
Ariadne Wealth Management, LP3,232$272.3K0.11%+20+0.6%Added
Insigneo Advisory Services, LLC3,427$272.1K0.02%−277−7.5%Reduced
Lafayette Investments, Inc.3,401$270.1K0.05%+1,018+42.7%Added
Fulcrum Asset Management LLP3,351$269.1K0.07%−99−2.9%Reduced
Level Four Advisory Services, LLC3,367$267.4K0.01%−43−1.3%Reduced
Quest Partners LLC3,360$266.8K0.01%+111+3.4%Added
South Shore Capital Advisors3,350$266.0K0.19%+3,350New
Rice Partnership, LLC3,345$265.6K0.04%00.0%Unchanged
Camden Capital, LLC3,338$265.1K0.02%+3,338New
Gladstone Institutional Advisory LLC3,325$264.1K0.01%−146−4.2%Reduced
Abacus Wealth Partners, LLC3,305$262.4K0.03%+3,305New
BIP Wealth, LLC3,259$258.8K0.01%−625−16.1%Reduced
SageView Advisory Group, LLC3,249$258.0K0.01%+69+2.2%Added
Red Door Wealth Management, LLC3,242$257.4K0.03%+2+0.1%Added
Columbus Macro, LLC3,233$256.7K0.03%−112−3.3%Reduced
Knightsbridge Asset Management, LLC3,230$256.5K0.04%+3,230New
GenTrust, LLC3,226$256.2K0.01%+3,226New
Drive Wealth Management, LLC3,226$256.1K0.05%+3,226New
Abel Hall, LLC3,225$256.1K0.06%+3,225New
L2 Asset Management, LLC3,213$255.1K0.03%+221+7.4%Added
Archer Investment Corp3,211$255.0K0.06%+3,081+2,370.0%Added
Turtle Creek Wealth Advisors, LLC3,210$254.9K0.02%+3,210New
Ipswich Investment Management Co., Inc.3,190$253.3K0.06%00.0%Unchanged
Purkiss Capital Advisors LLC3,190$253.3K0.12%00.0%Unchanged
Impact Investors, Inc3,184$252.8K0.18%00.0%Unchanged
SmartHarvest Portfolios, LLC3,183$252.8K0.09%+3,183New
Blueshift Asset Management, LLC3,180$252.5K0.07%+3,180New
Austin Private Wealth, LLC3,161$251.0K0.02%−29−0.9%Reduced