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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
Sowell Financial Services LLC3,136$249.0K0.01%−273−8.0%Reduced
Taylor Hoffman Capital Management LLC3,113$247.2K0.08%00.0%Unchanged
Los Angeles Capital Management LLC2,924$246.2K0.00%−7,795−72.7%Reduced
NorthRock Partners, LLC3,099$246.1K0.00%−9,574−75.5%Reduced
Two Sigma Securities, LLC3,095$245.8K0.03%+3,095New
Keel Point, LLC3,082$244.7K0.01%+400+14.9%Added
Dynamic Wealth Strategies, LLC3,055$242.6K0.14%+667+27.9%Added
Claret Asset Management Corp3,045$242.0K0.03%+145+5.0%Added
Central Trust Co3,037$241.2K0.00%−377−11.0%Reduced
Northwest Wealth Management, LLC3,020$239.8K0.04%+3,020New
Aviance Capital Partners, LLC3,000$238.2K0.03%−41−1.3%Reduced
Allegiance Financial Group Advisory Services LLC2,997$238.0K0.05%+2,997New
Westpac Banking Corp2,989$237.4K0.01%+637+27.1%Added
Fairfield Financial Advisors, LTD2,980$236.6K0.08%00.0%Unchanged
Capital Advisory Group Advisory Services, LLC2,978$236.5K0.07%−1,384−31.7%Reduced
Jaffetilchin Investment Partners, LLC2,975$236.2K0.01%+41+1.4%Added
Balboa Wealth Partners2,963$235.3K0.04%−434−12.8%Reduced
D'Orazio & Associates, Inc.2,962$235.2K0.03%00.0%Unchanged
Valmark Advisers, Inc.2,962$235.2K0.00%+2,962New
Beese Fulmer Investment Management, Inc.2,934$233.0K0.02%+2,934New
BostonPremier Wealth LLC2,925$232.3K0.12%00.0%Unchanged
Cornerstone Wealth Management, LLC2,920$231.9K0.01%+2,920New
Checchi Capital Advisers, LLC2,915$231.5K0.02%−143−4.7%Reduced
Premier Path Wealth Partners, LLC2,910$231.1K0.03%+5+0.2%Added
Westfuller Advisors, LLC2,877$228.5K0.09%+105+3.8%Added
Duncker Streett & Co Inc2,875$228.3K0.04%00.0%Unchanged
Fukoku Mutual Life Insurance Co2,866$227.6K0.01%−261−8.3%Reduced
Plante Moran Financial Advisors, LLC2,866$227.6K0.01%00.0%Unchanged
Walser Wealth Management Company, A Ltd Liability Co2,861$227.2K0.12%+2,861New
Essex Financial Services, Inc.2,836$225.2K0.01%+2,836New
Resonant Capital Advisors, LLC2,822$224.1K0.01%+74+2.7%Added
Hanson & Doremus Investment Management2,825$224.0K0.03%−76−2.6%Reduced
West Family Investments, Inc.2,812$223.3K0.05%+342+13.8%Added
Fidelis Capital Partners, LLC2,809$223.1K0.02%−9−0.3%Reduced
Central Pacific Bank - Trust Division2,800$222.3K0.03%00.0%Unchanged
One Capital Management, LLC2,775$220.4K0.01%00.0%Unchanged
First Manhattan Co2,744$217.9K0.00%00.0%Unchanged
BCS Wealth Management2,740$217.6K0.02%+2,740New
Legacy Financial Advisors, Inc.2,737$217.4K0.03%+2,737New
Elevatus Welath Management2,737$217.3K0.06%−450−14.1%Reduced
Compass Ion Advisors, LLC2,707$215.0K0.02%−154−5.4%Reduced
Riversedge Advisors, LLC2,687$213.4K0.03%+2,687New
Navellier & Associates Inc2,683$213.1K0.02%00.0%Unchanged
OneAscent Wealth Management LLC2,682$213.0K0.07%−100−3.6%Reduced
Patton Fund Management, Inc.2,671$212.1K0.03%+271+11.3%Added
Ritter Alpha, LP2,669$211.9K9.04%+2,669New
Axq Capital, LP2,650$210.4K0.05%−689−20.6%Reduced
MidWestOne Financial Group, Inc.2,617$207.8K0.02%−347−11.7%Reduced
Permanent Capital Management, LP2,594$206.0K0.04%+18+0.7%Added
Miller Financial Services LLC2,593$205.9K0.24%−130−4.8%Reduced
Quent Capital, LLC2,593$205.9K0.01%+177+7.3%Added
Legacy Trust2,569$204.0K0.04%−124−4.6%Reduced
Marion Wealth Management2,486$203.0K0.05%00.0%Unchanged
Miracle Mile Advisors, LLC2,548$202.3K0.00%+2,548New
Ameritas Advisory Services, LLC2,547$202.3K0.01%+2,397+1,598.0%Added
Personal Cfo Solutions, LLC2,543$201.9K0.03%−127−4.8%Reduced
Advisors Capital Management, LLC2,535$201.3K0.00%−100−3.8%Reduced
Spurstone Advisory Services, LLC2,500$198.5K3.12%00.0%Unchanged
Basecamp Wealth Advisors LLC2,463$195.6K0.04%+2,463New
Bartlett & Co. Wealth Management LLC2,456$195.0K0.00%+89+3.8%Added
E Fund Management (Hong Kong) Co., Ltd.2,375$193.1K0.08%+1,656+230.3%Added
Covestor Ltd2,384$189.0K0.10%+289+13.8%Added
Root Financial Partners, LLC2,369$188.1K0.01%+1,523+180.0%Added
MV Capital Management, Inc.2,354$186.9K0.02%+12+0.5%Added
AdvisorNet Financial, Inc2,341$185.9K0.01%+26+1.1%Added
Signature Equity Partners, LLC2,325$184.6K0.10%+2,325New
Smithfield Trust Co2,285$183.0K0.01%00.0%Unchanged
BOK Financial Private Wealth, Inc.2,278$180.9K0.01%+2,278New
St Germain D J Co Inc2,200$174.7K0.01%+2,200New
Erste Asset Management GmbH2,383$172.3K0.00%−12,905−84.4%Reduced
Greykasell Wealth Strategies, Inc.2,078$165.0K0.07%00.0%Unchanged
Clear Street Markets LLC2,071$164.5K0.03%+2,021+4,042.0%Added
Global Wealth Strategies & Associates2,050$162.8K0.04%+53+2.7%Added
Ameliora Wealth Management Ltd.2,005$159.2K0.05%−100−4.8%Reduced
Family Capital Trust Co1,924$152.8K0.05%+24+1.3%Added
Cromwell Holdings LLC1,828$145.2K0.08%00.0%Unchanged
Massmutual Trust Co FSB1,818$144.4K0.00%−750−29.2%Reduced
Onefund, LLC1,811$143.8K0.09%+107+6.3%Added
Whittier Trust Co1,813$142.2K0.00%−62−3.3%Reduced
RMG Wealth Management LLC1,815$139.7K0.02%+25+1.4%Added
Aster Capital Management (DIFC) Ltd1,740$138.2K0.06%+1,709+5,512.9%Added
Asset Planning,Inc1,727$137.1K0.10%00.0%Unchanged
Parkside Financial Bank & Trust1,712$136.0K0.01%+106+6.6%Added
Cary Street Partners Financial LLC1,708$135.6K0.00%−507−22.9%Reduced
Newbridge Financial Services Group, Inc.1,650$131.0K0.02%+1,635+10,900.0%Added
Trust Co of Vermont1,645$130.6K0.01%−1,207−42.3%Reduced
Sentry Investment Management LLC1,605$127.0K0.08%00.0%Unchanged
Winthrop Capital Management, LLC1,559$124.0K0.03%+1,559New
Centaurus Financial, Inc.1,548$123.0K0.01%−1−0.1%Reduced
New Age Alpha Advisors, LLC1,540$122.3K0.01%−1,544−50.1%Reduced
Toth Financial Advisory Corp1,525$121.1K0.01%+200+15.1%Added
Intesa Sanpaolo Wealth Management1,500$119.1K0.02%+1,500New
Independence Bank of Kentucky1,425$113.2K0.01%−125−8.1%Reduced
Trifecta Capital Advisors, LLC1,375$109.2K0.02%−99−6.7%Reduced
Godfrey Financial Associates, Inc.1,362$108.2K0.09%+1,362New
Crewe Advisors LLC1,356$107.7K0.01%−239−15.0%Reduced
N.E.W. Advisory Services LLC1,325$105.2K0.01%−80−5.7%Reduced
Cary Street Partner Investment Advisory LLC1,325$105.1K0.03%+112+9.2%Added
Harbour Investments, Inc.1,320$104.8K0.00%+14+1.1%Added
Sound Income Strategies, LLC1,374$103.6K0.00%+1,144+497.4%Added