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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
Groupe la Francaise45,751$3.63M0.05%−1,133−2.4%Reduced
Vestcor Inc45,409$3.61M0.10%+17,511+62.8%Added
Tandem Investment Advisors, Inc.45,243$3.59M0.13%+11,962+35.9%Added
Decatur Capital Management, Inc.45,102$3.58M1.46%−2,361−5.0%Reduced
LGT Fund Management Co Ltd.44,400$3.57M0.28%−35,929−44.7%Reduced
Ashton Thomas Private Wealth, LLC44,742$3.55M0.09%+1,669+3.9%Added
Trilogy Capital Inc.44,152$3.51M0.16%+14,076+46.8%Added
Davidson Capital Management Inc.43,838$3.48M0.75%+667+1.5%Added
Strategic Planning, Inc.43,800$3.48M1.87%−2,369−5.1%Reduced
Evergreen Private Wealth LLC43,703$3.47M1.37%+18,291+72.0%Added
Pathstone Holdings, LLC43,431$3.45M0.01%−7,326−14.4%Reduced
Pinnacle Financial Partners, Inc.43,171$3.43M0.03%+43,171New
Simmons Bank43,134$3.43M0.23%−167−0.4%Reduced
Bank Ozk42,844$3.40M1.20%−2,560−5.6%Reduced
Knollwood Investment Advisory, LLC42,771$3.40M0.32%−18,556−30.3%Reduced
Diversify Advisory Services, LLC44,677$3.37M0.11%+6,316+16.5%Added
CAPROCK Group, Inc.41,574$3.30M0.07%+9,453+29.4%Added
Roundview Capital LLC41,224$3.27M0.20%−889−2.1%Reduced
WCG Wealth Advisors LLC41,009$3.26M0.09%+41,009New
KCM Investment Advisors LLC40,653$3.23M0.10%+1,640+4.2%Added
Manhattan West Asset Management, LLC40,640$3.23M0.66%−6,396−13.6%Reduced
Gateway Investment Advisers LLC40,138$3.19M0.03%+18,149+82.5%Added
Kentucky Retirement Systems39,949$3.17M0.09%00.0%Unchanged
Fairtree Asset Management (Pty) Ltd38,622$3.07M1.41%+19,891+106.2%Added
Migdal Insurance & Financial Holdings Ltd.38,466$3.06M0.03%−1,591−4.0%Reduced
FourThought Financial Partners, LLC38,456$3.05M0.26%+1,131+3.0%Added
Siemens Fonds Invest GmbH37,668$3.03M0.16%−647−1.7%Reduced
United Capital Management of KS, Inc.37,824$3.00M0.42%+2,512+7.1%Added
Kestra Advisory Services, LLC37,007$2.94M0.01%−5,343−12.6%Reduced
Hartford Investment Management Co36,531$2.90M0.09%−1,628−4.3%Reduced
Simplex Trading, LLC36,413$2.89M0.08%+36,413New
Y-Intercept (Hong Kong) Ltd36,189$2.87M0.06%+36,189New
Intesa Sanpaolo S.p.A.34,720$2.79M0.18%+34,720New
Global X Japan Co., Ltd.35,102$2.79M0.21%+27,779+379.3%Added
Arkadios Wealth Advisors35,040$2.78M0.06%−7,081−16.8%Reduced
B. Metzler seel. Sohn & Co. AG34,817$2.77M0.02%−55,573−61.5%Reduced
Account Management LLC34,568$2.75M2.95%00.0%Unchanged
Bokf, NA34,434$2.73M0.04%−4,663−11.9%Reduced
Buckingham Strategic Partners33,889$2.69M0.03%+9,110+36.8%Added
Gilpin Wealth Management, LLC33,554$2.66M2.11%+33,554New
Caisse des Depots Et Consignations33,548$2.66M0.06%+22,682+208.7%Added
Caxton Associates LLP33,283$2.64M0.05%+26,539+393.5%Added
Gulf International Bank (UK) Ltd32,969$2.62M0.08%+200+0.6%Added
Stratos Wealth Advisors, LLC32,926$2.61M0.13%+11,884+56.5%Added
Boomfish Wealth Group, LLC32,785$2.60M1.39%−326−1.0%Reduced
Abn Amro Investment Solutions32,624$2.59M0.04%+25,800+378.1%Added
Hancock Whitney Corp32,439$2.58M0.05%−10,320−24.1%Reduced
Weiss Asset Management LP32,265$2.56M0.04%+32,265New
XTX Topco Ltd32,109$2.55M0.07%+14,980+87.5%Added
BDF-Gestion32,100$2.55M0.31%+32,100New
Maryland State Retirement & Pension System31,326$2.49M0.05%00.0%Unchanged
Parallax Volatility Advisers, L.P.31,116$2.47M0.08%+12,600+68.0%Added
Metis Global Partners, LLC30,892$2.45M0.06%+3,756+13.8%Added
M&T Bank Corp30,869$2.45M0.01%+6,117+24.7%Added
Summit Global Investments30,485$2.42M0.14%+23,675+347.7%Added
Alamar Capital Management, LLC30,405$2.41M1.33%−22,540−42.6%Reduced
Prime Capital Investment Advisors, LLC30,252$2.40M0.03%−4,679−13.4%Reduced
Redwood Investment Management, LLC30,220$2.40M0.27%+30,220New
Farther Finance Advisors, LLC30,047$2.39M0.03%+9,726+47.9%Added
New Mexico Educational Retirement Board30,050$2.39M0.07%+1,300+4.5%Added
MRP Capital Investments, LLC29,906$2.37M1.99%+118+0.4%Added
Aft, Forsyth & Sober, LLC29,750$2.36M0.72%00.0%Unchanged
Ssa Swiss Advisors AG28,710$2.34M1.09%00.0%Unchanged
United Asset Strategies, Inc.29,488$2.34M0.18%+261+0.9%Added
Procyon Private Wealth Partners, LLC29,301$2.33M0.11%+5,062+20.9%Added
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management29,291$2.33M0.04%+417+1.4%Added
Choate Investment Advisors29,102$2.31M0.05%+21,890+303.5%Added
Headlands Technologies LLC28,917$2.30M0.19%+7,195+33.1%Added
Lombard Odier Asset Management (Switzerland) SA28,607$2.27M0.10%+6,098+27.1%Added
Balyasny Asset Management LLC28,571$2.27M0.00%+11,102+63.6%Added
Twin Capital Management Inc28,014$2.22M0.28%−42−0.1%Reduced
Verition Fund Management LLC27,866$2.21M0.01%−4,977−15.2%Reduced
Flagship Harbor Advisors, LLC27,740$2.20M0.10%−8,895−24.3%Reduced
AG2R la Mondiale Gestion D'Actifs27,274$2.17M0.10%+2,588+10.5%Added
HMS Capital Management, LLC27,234$2.16M0.89%−2,872−9.5%Reduced
Omers Administration Corp27,132$2.15M0.02%−17,199−38.8%Reduced
Cumberland Partners Ltd27,000$2.14M0.13%−5,500−16.9%Reduced
PKO Investment Management Joint-Stock Co27,000$2.14M0.17%+7,000+35.0%Added
Assenagon Asset Management S.A.26,970$2.14M0.00%+9,807+57.1%Added
Freedom Day Solutions, LLC26,921$2.14M0.58%−438−1.6%Reduced
Sterling Capital Management LLC26,654$2.12M0.03%−597−2.2%Reduced
Eagle Capital Management, LLC26,353$2.09M0.76%−380−1.4%Reduced
Wiley Bros.-Aintree Capital, LLC26,234$2.08M0.01%+1,417+5.7%Added
Oak Associates, Ltd25,980$2.06M0.12%00.0%Unchanged
MUFG Securities EMEA plc25,913$2.06M0.02%+13,446+107.9%Added
Vise Technologies, Inc.25,475$2.02M0.04%+9,884+63.4%Added
Colony Group, LLC25,465$2.02M0.00%+25,465New
RB Capital Management, LLC25,450$2.02M0.41%−2,525−9.0%Reduced
Congress Park Capital LLC25,348$2.01M0.60%+3,678+17.0%Added
Dai-Ichi Life Insurance Company, Ltd25,184$2.00M0.05%−1,600−6.0%Reduced
Summit Trail Advisors, LLC25,170$2.00M0.03%+3,210+14.6%Added
Truist Financial Corp25,148$2.00M0.00%−5,024−16.7%Reduced
Iyo Bank, Ltd.25,050$1.99M0.63%00.0%Unchanged
Shaker Investments LLC24,916$1.98M0.82%−16,397−39.7%Reduced
Maia Wealth LLC23,118$1.95M0.33%+4,427+23.7%Added
Moors & Cabot, Inc.24,503$1.95M0.08%−2,000−7.5%Reduced
Whittier Trust Co of Nevada Inc24,752$1.94M0.04%00.0%Unchanged
Strategy Asset Managers LLC24,163$1.92M0.32%+328+1.4%Added
Alps Advisors Inc23,925$1.90M0.01%−2,556−9.7%Reduced
Sequoia Financial Advisors, LLC23,836$1.89M0.01%+7,973+50.3%Added