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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,589 | $77.6B |
| Q1 2026 | 1,332 | $40.3B |
| Q4 2025 | 1,331 | $40.6B |
| Q3 2025 | 1,277 | $40.6B |
| Q2 2025 | 1,385 | $54.6B |
| Q1 2025 | 1,357 | $49.3B |
| Q4 2024 | 1,297 | $48.4B |
| Q3 2024 | 1,127 | $38.9B |
| Q2 2024 | 1,074 | $30.5B |
| Q1 2024 | 1,115 | $34.4B |
| Q4 2023 | 1,068 | $29.0B |
| Q3 2023 | 1,074 | $30.0B |
| Q2 2023 | 1,106 | $39.4B |
| Q1 2023 | 999 | $34.7B |
| Q4 2022 | 956 | $25.9B |
| Q3 2022 | 894 | $25.2B |
| Q2 2022 | 938 | $29.6B |
| Q1 2022 | 955 | $36.7B |
| Q4 2021 | 978 | $39.1B |
| Q3 2021 | 871 | $32.6B |
| Q2 2021 | 795 | $27.1B |
| Q1 2021 | 732 | $21.5B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Fortinet, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nomura Holdings Inc | 206,949 | $16.4M | 0.05% | +136,638+194.3% | Added |
| Resona Asset Management Co.,Ltd. | 204,883 | $16.3M | 0.08% | −10,294−4.8% | Reduced |
| Daiwa Securities Group Inc. | 203,764 | $16.2M | 0.05% | +10,020+5.2% | Added |
| Osmosis Investment Management UK Ltd | 203,155 | $16.1M | 0.41% | +203,155 | New |
| Swiss Life Asset Management Ltd | 200,328 | $15.9M | 0.08% | +59,973+42.7% | Added |
| Burney Co | 197,809 | $15.7M | 0.49% | −18,187−8.4% | Reduced |
| Willis Investment Counsel | 194,113 | $15.4M | 0.80% | +10,813+5.9% | Added |
| Janus Henderson Group PLC | 192,120 | $15.3M | 0.01% | +412+0.2% | Added |
| Nissay Asset Management Corp | 192,019 | $15.2M | 0.08% | +5,636+3.0% | Added |
| Baird Financial Group, Inc. | 191,504 | $15.2M | 0.02% | −14,804−7.2% | Reduced |
| State of Michigan Retirement System | 190,770 | $15.1M | 0.07% | −10,400−5.2% | Reduced |
| Capital Fund Management S.A. | 189,447 | $15.0M | 0.14% | +153,031+420.2% | Added |
| Advisor Group Holdings, Inc. | 187,812 | $14.9M | 0.02% | −30,501−14.0% | Reduced |
| Meridiem Capital Partners LP | 186,940 | $14.8M | 0.93% | +186,940 | New |
| Warther Private Wealth, LLC | 186,915 | $14.8M | 3.55% | −55,920−23.0% | Reduced |
| Eurizon Capital SGR S.p.A. | 184,099 | $14.6M | 0.05% | +184,099 | New |
| Arizona State Retirement System | 183,358 | $14.6M | 0.08% | −6,641−3.5% | Reduced |
| Cetera Investment Advisers | 183,117 | $14.5M | 0.02% | −4,759−2.5% | Reduced |
| Williams Jones Wealth Management, LLC. | 182,344 | $14.5M | 0.16% | −23,568−11.4% | Reduced |
| MetLife Investment Management | 182,276 | $14.5M | 0.07% | −9,205−4.8% | Reduced |
| Barlow Wealth Partners, Inc. | 182,342 | $14.4M | 1.56% | −1,620−0.9% | Reduced |
| Crossmark Global Holdings, Inc. | 173,688 | $13.8M | 0.20% | +37,507+27.5% | Added |
| Ensign Peak Advisors, Inc | 173,174 | $13.8M | 0.02% | −270,667−61.0% | Reduced |
| Lido Advisors, LLC | 163,522 | $13.6M | 0.05% | +2,854+1.8% | Added |
| Union Bancaire Privee, UBP SA | 176,572 | $13.6M | 0.23% | +154,875+713.8% | Added |
| Wealth Enhancement Advisory Services, LLC | 169,966 | $13.4M | 0.02% | −586,685−77.5% | Reduced |
| Czech National Bank | 166,655 | $13.2M | 0.09% | +1,232+0.7% | Added |
| Xponance, Inc. | 163,492 | $13.0M | 0.10% | +7,643+4.9% | Added |
| Merit Financial Group, LLC | 161,241 | $12.8M | 0.10% | +21,429+15.3% | Added |
| Blair William & Co | 160,633 | $12.8M | 0.03% | −26,212−14.0% | Reduced |
| Peak Asset Management, LLC | 158,102 | $12.6M | 2.14% | +1,182+0.8% | Added |
| GF Fund Management Co. Ltd. | 156,860 | $12.5M | 0.21% | +4,418+2.9% | Added |
| First Horizon Corp | 152,590 | $12.1M | 0.54% | +10,262+7.2% | Added |
| DnB Asset Management AS | 152,382 | $12.1M | 0.04% | −18,981−11.1% | Reduced |
| Wilkins Investment Counsel Inc | 152,044 | $12.1M | 1.76% | −4,240−2.7% | Reduced |
| Optiver Holding B.V. | 151,009 | $12.0M | 0.22% | +121,887+418.5% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 147,030 | $11.7M | 0.06% | −9,377−6.0% | Reduced |
| State of Tennessee, Treasury Department | 142,592 | $11.6M | 0.04% | −17,717−11.1% | Reduced |
| CWM, LLC | 145,241 | $11.5M | 0.03% | +73,677+103.0% | Added |
| STRS Ohio | 144,188 | $11.4M | 0.04% | −5,807−3.9% | Reduced |
| Fulcrum Capital LLC | 144,106 | $11.4M | 2.30% | +6,524+4.7% | Added |
| Ilmarinen Mutual Pension Insurance Co | 144,066 | $11.4M | 0.09% | −12,794−8.2% | Reduced |
| Amalgamated Bank | 141,476 | $11.2M | 0.08% | −9,564−6.3% | Reduced |
| Varma Mutual Pension Insurance Co | 140,650 | $11.2M | 0.07% | +26,250+22.9% | Added |
| Nisa Investment Advisors, LLC | 137,809 | $10.9M | 0.04% | −5,732−4.0% | Reduced |
| Sawgrass Asset Management LLC | 137,546 | $10.9M | 1.37% | −8,241−5.7% | Reduced |
| Callahan Advisors, LLC | 135,496 | $10.8M | 0.88% | −2,300−1.7% | Reduced |
| Retirement Systems of Alabama | 134,469 | $10.7M | 0.03% | −4,471−3.2% | Reduced |
| IFM Investors Pty Ltd | 132,388 | $10.5M | 0.09% | +5,758+4.5% | Added |
| Leonteq Securities AG | 131,242 | $10.4M | 0.56% | +5,437+4.3% | Added |
| Ofi Invest Asset Management | 151,038 | $10.2M | 0.15% | +151,038 | New |
| Allspring Global Investments Holdings, LLC | 129,771 | $10.1M | 0.02% | −1,602−1.2% | Reduced |
| Rakuten Investment Management, Inc. | 124,808 | $10.1M | 0.03% | +112,350+901.8% | Added |
| CIBC World Markets Corp | 124,719 | $9.90M | 0.05% | +124,719 | New |
| UniSuper Management Pty Ltd | 124,681 | $9.90M | 0.06% | −9,878−7.3% | Reduced |
| Mercer Global Advisors Inc | 122,142 | $9.70M | 0.01% | +31,289+34.4% | Added |
| Elo Mutual Pension Insurance Co | 121,338 | $9.64M | 0.15% | +327+0.3% | Added |
| Pine Valley Investments Ltd Liability Co | 120,204 | $9.55M | 0.48% | −62,151−34.1% | Reduced |
| Private Advisory Group LLC | 117,344 | $9.32M | 0.73% | +117,344 | New |
| Assetmark, Inc | 116,763 | $9.27M | 0.02% | +5,822+5.2% | Added |
| Walleye Trading LLC | 116,231 | $9.23M | 0.15% | −53,170−31.4% | Reduced |
| British Columbia Investment Management Corp | 115,574 | $9.18M | 0.05% | +22,066+23.6% | Added |
| Baltimore-Washington Financial Advisors, Inc. | 115,145 | $9.14M | 0.38% | −54,691−32.2% | Reduced |
| ICICI Prudential Asset Management Co Ltd | 113,434 | $9.01M | 1.05% | +73,667+185.2% | Added |
| PensionDanmark Pensionsforsikringsaktieselskab | 113,304 | $9.00M | 0.08% | +113,304 | New |
| Moran Wealth Management, LLC | 112,439 | $8.93M | 0.27% | +112,439 | New |
| Walleye Capital LLC | 111,891 | $8.89M | 0.05% | +24,266+27.7% | Added |
| CWM Advisors, LLC | 111,215 | $8.83M | 0.79% | +13,631+14.0% | Added |
| Scotia Capital Inc. | 110,725 | $8.79M | 0.04% | +6,853+6.6% | Added |
| Weatherly Asset Management L. P. | 109,012 | $8.66M | 0.67% | −679−0.6% | Reduced |
| JustInvest LLC | 108,146 | $8.59M | 0.08% | +1,354+1.3% | Added |
| Federation des caisses Desjardins du Quebec | 107,032 | $8.50M | 0.03% | +660+0.6% | Added |
| Sanibel Captiva Trust Company, Inc. | 106,743 | $8.48M | 0.23% | −5,447−4.9% | Reduced |
| USS Investment Management Ltd | 106,109 | $8.42M | 0.04% | +4,776+4.7% | Added |
| Commonwealth Equity Services, LLC | 106,082 | $8.42M | 0.01% | −21,843−17.1% | Reduced |
| Gamco Investors, Inc. Et Al | 105,920 | $8.41M | 0.08% | −1,400−1.3% | Reduced |
| Utah Retirement Systems | 105,048 | $8.34M | 0.08% | 00.0% | Unchanged |
| Knuff & Co LLC | 105,300 | $8.33M | 2.46% | +325+0.3% | Added |
| LMR Partners LLP | 104,051 | $8.26M | 0.08% | +102,101+5,235.9% | Added |
| Altrafin AG | 103,115 | $8.19M | 2.60% | +5,250+5.4% | Added |
| GDS Wealth Management | 100,407 | $7.97M | 0.50% | +7,265+7.8% | Added |
| Comerica Bank | 98,782 | $7.84M | 0.03% | −13,629−12.1% | Reduced |
| Modera Wealth Management, LLC | 98,132 | $7.79M | 0.09% | −1,126−1.1% | Reduced |
| Integrated Advisors Network LLC | 98,106 | $7.79M | 0.34% | −1,192−1.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 97,729 | $7.76M | 0.06% | −4,646−4.5% | Reduced |
| LVM Capital Management Ltd | 97,551 | $7.75M | 0.72% | −111−0.1% | Reduced |
| IMC-Chicago, LLC | 96,798 | $7.69M | 0.14% | −47,593−33.0% | Reduced |
| Brown Advisory Inc | 95,104 | $7.55M | 0.01% | +384+0.4% | Added |
| Terry L. Blaker | 95,039 | $7.55M | 0.28% | +2,114+2.3% | Added |
| Banque Cantonale Vaudoise | 94,615 | $7.51M | 0.27% | +43,944+86.7% | Added |
| Meritage Portfolio Management | 94,455 | $7.50M | 0.50% | −44,303−31.9% | Reduced |
| Carderock Capital Management Inc | 94,124 | $7.47M | 1.81% | +5,603+6.3% | Added |
| New York Life Investment Management LLC | 93,998 | $7.46M | 0.06% | −1,235−1.3% | Reduced |
| Geneos Wealth Management Inc. | 93,635 | $7.44M | 0.18% | +4,776+5.4% | Added |
| Ravenstone Capital Management Inc. | 93,523 | $7.43M | 3.39% | +3,325+3.7% | Added |
| Credit Agricole S A | 93,465 | $7.42M | 0.02% | +12,422+15.3% | Added |
| Employees Retirement System of Texas | 93,293 | $7.41M | 0.06% | +35,600+61.7% | Added |
| iA Global Asset Management Inc. | 92,450 | $7.34M | 0.09% | +3,725+4.2% | Added |
| Wealthfront Advisers LLC | 92,415 | $7.34M | 0.02% | +6,839+8.0% | Added |
| Intech Investment Management LLC | 91,686 | $7.28M | 0.07% | −583,389−86.4% | Reduced |