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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
Engineers Gate Manager LP91,659$7.28M0.09%+69,896+321.2%Added
Public Sector Pension Investment Board91,466$7.26M0.02%+22,727+33.1%Added
Stephens Investment Management Group LLC90,450$7.18M0.09%−6,841−7.0%Reduced
Private Wealth Partners, LLC90,000$7.15M0.51%00.0%Unchanged
Shelton Capital Management87,278$6.93M0.14%−248,498−74.0%Reduced
First National Bank of Mount Dora, Trust Investment Services86,857$6.90M1.51%+230+0.3%Added
Zacks Investment Management85,741$6.81M0.05%−2,910−3.3%Reduced
Palmer Knight Co84,839$6.74M3.54%−114−0.1%Reduced
Public Employees Retirement Association of Colorado84,617$6.72M0.02%−174−0.2%Reduced
Neuberger Berman Group LLC83,432$6.63M0.00%+5,131+6.6%Added
Fideuram Asset Management (Ireland) dac61,444$6.57M0.53%+61,444New
Louisiana State Employees Retirement System82,000$6.51M0.11%−8,100−9.0%Reduced
O'Shaughnessy Asset Management, LLC80,771$6.41M0.04%−65−0.1%Reduced
Illinois Municipal Retirement Fund80,701$6.41M0.08%−45,011−35.8%Reduced
Sienna Gestion78,498$6.27M0.38%−6,475−7.6%Reduced
Edgestream Partners, L.P.78,873$6.26M0.18%+78,873New
IFP Advisors, Inc77,601$6.16M0.14%+3,998+5.4%Added
HighPoint Advisor Group LLC77,231$6.13M0.13%+34,797+82.0%Added
Motley Fool Asset Management LLC76,968$6.11M0.24%+15,155+24.5%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main76,837$6.10M0.01%−49,714−39.3%Reduced
CIBC World Markets Inc.76,301$6.06M0.01%+8,870+13.2%Added
Brevan Howard Capital Management LP75,540$6.00M0.11%+75,540New
Occudo Quantitative Strategies LP74,726$5.93M0.40%+74,726New
FORA Capital, LLC74,592$5.92M0.72%+74,592New
YHB Investment Advisors, Inc.74,439$5.91M0.41%+1,120+1.5%Added
Ameritas Investment Partners, Inc.74,285$5.90M0.18%+2,864+4.0%Added
Wellington Management Group LLP73,331$5.82M0.00%+6,952+10.5%Added
Oregon Public Employees Retirement Fund72,395$5.75M0.07%−2,100−2.8%Reduced
Janney Montgomery Scott LLC71,671$5.69M0.01%−4,028−5.3%Reduced
OP Asset Management Ltd70,014$5.56M0.07%+718+1.0%Added
Toroso Investments, LLC69,966$5.56M0.02%−10,929−13.5%Reduced
Umb Bank N A69,579$5.53M0.07%−4,398−5.9%Reduced
Captrust Financial Advisors69,443$5.51M0.01%+12,782+22.6%Added
Cambridge Investment Research Advisors, Inc.69,064$5.48M0.01%−21,326−23.6%Reduced
Profund Advisors LLC68,606$5.45M0.17%+1,399+2.1%Added
Liberty Capital Management, Inc.68,590$5.45M1.01%+356+0.5%Added
Sage Mountain Advisors LLC68,371$5.43M0.29%−254−0.4%Reduced
Aldebaran Financial Inc.67,148$5.39M4.99%−3,385−4.8%Reduced
Mutual of America Capital Management LLC67,866$5.39M0.06%−13,343−16.4%Reduced
Slow Capital, Inc.67,393$5.35M0.64%−1,366−2.0%Reduced
Quantbot Technologies LP67,374$5.35M0.18%−11,329−14.4%Reduced
NorthCrest Asset Manangement, LLC68,141$5.31M0.12%+3,997+6.2%Added
Atlantic Union Bankshares Corp66,080$5.25M0.10%−619−0.9%Reduced
Stratos Wealth Partners, LTD.65,747$5.22M0.06%−1,609−2.4%Reduced
Front Row Advisors LLC65,085$5.17M1.72%−850−1.3%Reduced
Yousif Capital Management, LLC67,912$5.12M0.06%−10,758−13.7%Reduced
First Foundation Advisors63,446$5.04M0.19%−6,548−9.4%Reduced
Norinchukin Bank, The63,338$5.03M0.06%+4,765+8.1%Added
Wilson Asset Management (International) Pty Ltd63,309$5.03M1.29%−31,691−33.4%Reduced
Ethic Inc.63,041$5.01M0.08%+20,068+46.7%Added
Daymark Wealth Partners, LLC62,981$5.00M0.16%−193,195−75.4%Reduced
Cape Cod Five Cents Savings Bank64,436$5.00M0.46%00.0%Unchanged
State of Alaska, Department of Revenue62,908$5.00M0.05%−6,775−9.7%Reduced
QRG Capital Management, Inc.62,197$4.94M0.05%+7,839+14.4%Added
Lazard Asset Management LLC61,485$4.88M0.01%−1,588−2.5%Reduced
Advisory Services Network, LLC61,392$4.88M0.07%+567+0.9%Added
Diversify Wealth Management, LLC61,626$4.83M0.23%+17,824+40.7%Added
Northwestern Mutual Wealth Management Co60,556$4.81M0.00%+1,342+2.3%Added
Davy Global Fund Management Ltd60,283$4.79M0.33%+6,656+12.4%Added
Advisors Asset Management, Inc.60,233$4.78M0.08%+11,694+24.1%Added
Parsons Capital Management Inc59,870$4.75M0.26%−684−1.1%Reduced
Y.D. More Investments Ltd58,635$4.66M0.22%−7,975−12.0%Reduced
Linden Thomas Advisory Services, LLC57,924$4.60M0.47%+1,186+2.1%Added
Berger Financial Group, Inc57,840$4.59M0.27%−684−1.2%Reduced
Financial Advisors Network, Inc.57,035$4.53M0.62%+373+0.7%Added
MML Investors Services, LLC56,255$4.47M0.01%+1,843+3.4%Added
Insight Wealth Strategies, LLC56,127$4.46M0.51%+13,099+30.4%Added
Buckhead Capital Management LLC55,908$4.44M1.59%−948−1.7%Reduced
Harvest Fund Management Co., Ltd55,524$4.41M0.17%+8,495+18.1%Added
Institute for Wealth Management, LLC.54,690$4.34M0.46%−195−0.4%Reduced
Maytus Capital Management, LLC54,500$4.33M1.02%+54,500New
Univest Financial Corp54,163$4.30M0.23%+605+1.1%Added
ASR Vermogensbeheer N.V.53,662$4.26M0.05%−421−0.8%Reduced
Anchor Investment Management, LLC53,361$4.24M0.34%+6,588+14.1%Added
Tower Research Capital LLC (TRC)52,544$4.17M0.10%+40,704+343.8%Added
Westerkirk Capital Inc.52,500$4.17M0.41%+15,500+41.9%Added
NLB Skladi, upravljanje premozenja, d.o.o.51,750$4.11M0.19%+51,750New
Spirepoint Private Client, LLC51,738$4.11M0.39%−7,674−12.9%Reduced
Congress Asset Management Co51,683$4.10M0.03%−194,779−79.0%Reduced
GWM Advisors LLC51,593$4.10M0.01%+3,484+7.2%Added
Independent Financial Group, LLC51,505$4.09M0.09%−1,522−2.9%Reduced
Allstate Corp50,054$3.97M0.05%+25,866+106.9%Added
Teachers Retirement System of the State of Kentucky49,924$3.96M0.03%00.0%Unchanged
Johnson Financial Group, Inc.49,593$3.94M0.15%+4,780+10.7%Added
Kovitz Investment Group Partners, LLC48,964$3.89M0.09%+28,085+134.5%Added
Hennion & Walsh Asset Management, Inc.48,893$3.88M0.13%−4,751−8.9%Reduced
Banco Santander, S.A.48,763$3.87M0.03%+925+1.9%Added
BLI - Banque de Luxembourg Investments48,000$3.86M0.11%+48,000New
Investment Management Corp of Ontario48,451$3.85M0.05%+17,910+58.6%Added
CWA Asset Management Group, LLC48,443$3.85M0.14%−2,109−4.2%Reduced
S&T Bank48,279$3.83M1.21%−11,967−19.9%Reduced
Signet Financial Management, LLC48,056$3.82M0.43%−447−0.9%Reduced
Generali Asset Management SPA SGR47,993$3.81M0.08%+23,451+95.6%Added
Inspire Trust Co, N.A.47,500$3.77M0.62%−2,000−4.0%Reduced
Mizuho Securities USA LLC46,025$3.73M0.06%−1,413−3.0%Reduced
Seascape Capital Management47,021$3.73M1.06%+3,747+8.7%Added
Steward Partners Investment Advisory, LLC47,012$3.73M0.02%−237−0.5%Reduced
Meridian Management Co46,668$3.71M0.92%+2,041+4.6%Added
Avanza Fonder AB46,259$3.67M0.09%00.0%Unchanged
KRS Capital Management, LLC45,980$3.65M2.10%−100−0.2%Reduced