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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
State Board of Administration of Florida Retirement System558,161$44.3M0.08%−36,470−6.1%Reduced
Aviva PLC543,071$43.1M0.07%+28,664+5.6%Added
Acadian Asset Management LLC540,490$42.9M0.07%−1,114,746−67.3%Reduced
Franklin Resources Inc539,286$42.8M0.01%+18,982+3.6%Added
Quantinno Capital Management LP528,759$42.0M0.08%+262,552+98.6%Added
American Century Companies Inc524,404$41.6M0.02%−166,520−24.1%Reduced
Caisse de Depot Et Placement du Quebec507,011$40.3M0.07%−351,976−41.0%Reduced
Adage Capital Partners GP, L.L.C.495,690$39.4M0.06%+3,400+0.7%Added
LPL Financial LLC490,697$39.0M0.01%−21,080−4.1%Reduced
Vinva Investment Management Ltd477,174$38.4M0.48%+456,319+2,188.1%Added
Susquehanna International Group, LLP477,884$37.9M0.05%+244,443+104.7%Added
Glenmede Trust Co NA468,548$37.2M0.18%+468,548New
Standard Life Aberdeen plc466,440$37.0M0.06%−14,074−2.9%Reduced
Renaissance Technologies LLC464,194$36.9M0.06%−596,758−56.2%Reduced
Rockefeller Capital Management L.P.463,597$36.8M0.07%−1,947−0.4%Reduced
The PNC Financial Services Group, Inc.447,217$35.5M0.02%−43,429−8.9%Reduced
Prudential Financial Inc444,211$35.3M0.04%+88,405+24.8%Added
Bank of Nova Scotia442,181$35.1M0.05%+73,640+20.0%Added
Treasurer of the State of North Carolina434,540$34.5M0.11%−119,008−21.5%Reduced
NEOS Investment Management LLC433,101$34.4M0.20%+102,786+31.1%Added
2Xideas AG427,718$34.0M9.51%−77,087−15.3%Reduced
Storebrand Asset Management AS420,828$33.4M0.09%−59,827−12.4%Reduced
Raymond James Financial Inc419,231$33.3M0.01%−53,688−11.4%Reduced
Asset Management One Co.,Ltd.407,793$33.0M0.09%+5,515+1.4%Added
NewEdge Wealth, LLC410,696$32.6M0.37%+10,531+2.6%Added
Voleon Capital Management LP407,060$32.3M0.70%+266,607+189.8%Added
Toronto Dominion Bank404,167$32.1M0.06%+114,791+39.7%Added
Korea Investment CORP403,236$32.0M0.06%−26,018−6.1%Reduced
Thrivent Financial for Lutherans390,492$31.0M0.05%+238,299+156.6%Added
Creative Planning387,103$30.7M0.02%+28,703+8.0%Added
Vontobel Holding Ltd.386,554$30.7M0.10%+26,047+7.2%Added
Danske Bank A/S383,975$30.5M0.07%+70,590+22.5%Added
Woodline Partners LP379,829$30.2M0.12%−75,524−16.6%Reduced
Boston Trust Walden Corp378,046$30.0M0.23%+14,866+4.1%Added
Beacon Pointe Advisors, LLC377,101$29.9M0.21%−20,482−5.2%Reduced
Jane Street Group, LLC375,749$29.8M0.04%−605,620−61.7%Reduced
Saudi Central Bank371,486$29.5M1.10%00.0%Unchanged
Guggenheim Capital LLC371,233$29.5M0.22%−19,843−5.1%Reduced
Ieq Capital, LLC366,911$29.1M0.09%+214,711+141.1%Added
J. Safra Sarasin Holding AG365,135$29.0M0.47%−29,607−7.5%Reduced
Manufacturers Life Insurance Company, The363,993$28.9M0.02%−16,907−4.4%Reduced
State of Wisconsin Investment Board362,219$28.8M0.06%−13,203−3.5%Reduced
Cerity Partners LLC356,949$28.3M0.04%+88,962+33.2%Added
Trexquant Investment LP355,121$28.2M0.25%+197,076+124.7%Added
Rafferty Asset Management, LLC351,047$27.9M0.10%−18,300−5.0%Reduced
Federated Hermes, Inc.348,366$27.7M0.05%−17,825−4.9%Reduced
Mirae Asset Global Investments Co., Ltd.348,250$27.7M0.08%+21,177+6.5%Added
Dixon Mitchell Investment Counsel Inc.340,939$27.1M0.89%+7,385+2.2%Added
Nutshell Asset Management Ltd340,705$27.1M9.65%+102,828+43.2%Added
Pacer Advisors, Inc.339,482$27.0M0.07%+81,025+31.3%Added
BI Asset Management Fondsmaeglerselskab A/S333,307$26.5M0.23%+283,439+568.4%Added
APG Asset Management N.V.387,109$26.2M0.07%−25,308−6.1%Reduced
Mediolanum International Funds Ltd324,870$26.1M0.26%+41,321+14.6%Added
KBC Group NV323,583$25.7M0.06%−291,464−47.4%Reduced
Chevy Chase Trust Holdings, Inc.321,908$25.6M0.07%−10,577−3.2%Reduced
HighTower Advisors, LLC316,557$25.1M0.03%−2,399−0.8%Reduced
Forsta Ap-Fonden313,900$24.9M0.15%+80,200+34.3%Added
Natixis Advisors, L.P.313,884$24.9M0.04%+26,084+9.1%Added
Country Trust Bank312,573$24.8M0.45%+31,603+11.2%Added
LGT Group Foundation306,355$24.6M0.27%−112,534−26.9%Reduced
Mariner, LLC302,588$24.0M0.03%+116,093+62.2%Added
Envestnet Asset Management Inc301,960$24.0M0.01%−52,563−14.8%Reduced
KLP Kapitalforvaltning AS294,600$23.4M0.09%−2,700−0.9%Reduced
Candriam Luxembourg S.C.A.294,476$23.4M0.12%−15,687−5.1%Reduced
Gotham Asset Management, LLC290,386$23.1M0.08%+105,233+56.8%Added
CIBC Asset Management Inc289,140$23.0M0.06%+65,980+29.6%Added
E. Ohman J:or Asset Management AB286,259$22.7M0.53%+23,219+8.8%Added
ABN AMRO Bank N.V.279,006$22.3M0.21%−29,143−9.5%Reduced
Natixis276,968$22.0M0.09%+166,175+150.0%Added
Epoch Investment Partners, Inc.273,997$21.8M0.12%+38,952+16.6%Added
Davidson Investment Advisors273,952$21.8M0.91%+6,758+2.5%Added
Skandinaviska Enskilda Banken AB (publ)272,538$21.6M0.09%−99,141−26.7%Reduced
Ardmore Road Asset Management LP271,748$21.6M1.64%+21,748+8.7%Added
SEI Investments Co268,804$21.3M0.02%+46,729+21.0%Added
Nomura Asset Management Co Ltd268,802$21.3M0.05%+6,673+2.5%Added
Bridgewater Associates, LP267,384$21.2M0.08%−712,963−72.7%Reduced
Public Employees Retirement System of Ohio266,613$21.2M0.07%−189−0.1%Reduced
Teacher Retirement System of Texas265,311$21.1M0.07%+108,284+69.0%Added
Jump Financial, LLC258,095$20.5M0.26%+165,488+178.7%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund257,080$20.4M0.17%−28,800−10.1%Reduced
Beacon Investment Advisory Services, Inc.255,711$20.3M0.83%−14,485−5.4%Reduced
Mn Services Vermogensbeheer B.V.255,714$20.3M0.12%+9,424+3.8%Added
Woodstock Corp253,367$20.1M1.73%−4,729−1.8%Reduced
Handelsbanken Fonder AB251,718$20.0M0.06%+39,156+18.4%Added
Macquarie Group Ltd246,517$19.6M0.09%+16,211+7.0%Added
ING Groep NV245,559$19.5M0.12%+117,412+91.6%Added
Andra AP-fonden243,800$19.4M0.24%−187,320−43.4%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.243,493$19.3M0.13%−1,123−0.5%Reduced
Titan Investment Solutions Ltd238,260$18.9M2.28%+238,260New
Peapack Gladstone Financial Corp236,489$18.8M0.24%+4,406+1.9%Added
Sumitomo Mitsui DS Asset Management Company, Ltd232,735$18.5M0.15%−1,400−0.6%Reduced
Mackenzie Financial Corp227,121$18.2M0.02%+39,028+20.7%Added
DekaBank Deutsche Girozentrale253,806$17.8M0.03%00.0%Unchanged
RPG Investment Advisory, LLC222,171$17.6M2.00%+6,539+3.0%Added
CI Private Wealth, LLC219,216$17.4M0.02%+80,987+58.6%Added
State of New Jersey Common Pension Fund D219,216$17.4M0.06%−9,971−4.4%Reduced
Old National Bancorp217,432$17.3M0.29%+8,008+3.8%Added
Lansforsakringar Fondforvaltning AB (publ)216,587$17.2M0.09%+1,510+0.7%Added
US Bancorp214,161$17.0M0.02%+2,295+1.1%Added
one8zero8, LLC209,598$16.6M3.63%−5,872−2.7%Reduced