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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
CoreCap Advisors, LLC23,677$1.88M0.07%+6,899+41.1%Added
Integrity Alliance, LLC.23,085$1.83M0.07%+23,085New
Qsemble Capital Management, LP23,076$1.83M0.15%+23,076New
Bell Bank23,014$1.83M0.08%+11,118+93.5%Added
Tema ETFs LLC22,957$1.82M0.14%−590−2.5%Reduced
Tealwood Asset Management Inc22,830$1.81M0.81%−231−1.0%Reduced
Lifestyle Asset Management, Inc.22,813$1.81M0.59%+2,033+9.8%Added
Tokio Marine Asset Management Co Ltd22,798$1.81M0.06%−172−0.7%Reduced
Laird Norton Trust Company, LLC22,725$1.80M0.04%+22,725New
Quantitative Investment Management, LLC22,239$1.76M0.17%−13,156−37.2%Reduced
Virtus Investment Advisers, Inc.22,213$1.76M0.48%+4,740+27.1%Added
Sumitomo Life Insurance Co22,029$1.75M0.05%+70+0.3%Added
Eurizon SLJ Capital Ltd21,966$1.74M0.69%+21,966New
North Dakota State Investment Board21,808$1.73M0.06%+21,808New
Private Advisor Group, LLC21,693$1.72M0.01%−2,651−10.9%Reduced
Gradient Investments LLC21,631$1.72M0.03%+628+3.0%Added
Steinberganna Wealth Management21,615$1.72M0.80%+210+1.0%Added
Brinker Capital Investments, LLC21,598$1.72M0.01%−15,700−42.1%Reduced
Symphony Financial, Ltd. Co.21,001$1.69M0.23%+9,317+79.7%Added
Empirical Finance, LLC21,220$1.69M0.08%−935−4.2%Reduced
Commerce Bank21,211$1.68M0.01%−6,922−24.6%Reduced
Fifth Third Bancorp21,187$1.68M0.01%+576+2.8%Added
China Universal Asset Management Co., Ltd.21,044$1.67M0.13%−10,185−32.6%Reduced
D.A. Davidson & Co.21,025$1.67M0.01%+898+4.5%Added
Independent Advisor Alliance20,986$1.67M0.04%−2,876−12.1%Reduced
Goodman Advisory Group, LLC20,780$1.65M0.41%+19,574+1,623.1%Added
Alphadyne Asset Management LP20,769$1.65M0.16%+20,769New
Bangor Savings Bank20,517$1.63M0.13%−817−3.8%Reduced
Patriot Financial Group Insurance Agency, LLC20,224$1.61M0.19%−125−0.6%Reduced
Northwestern Mutual Investment Management Company, LLC20,196$1.60M0.02%−563−2.7%Reduced
PAX Financial Group, LLC20,171$1.60M0.28%−5,836−22.4%Reduced
Azzad Asset Management Inc20,106$1.60M0.16%+16,230+418.7%Added
HB Wealth Management, LLC20,091$1.60M0.01%+6,514+48.0%Added
Machina Capital S.A.S.19,960$1.59M0.30%+5,964+42.6%Added
Diversified Trust Co19,821$1.57M0.03%−5,462−21.6%Reduced
Pallas Capital Advisors LLC19,752$1.57M0.05%+7,246+57.9%Added
Leelyn Smith, LLC19,600$1.56M0.23%+1,245+6.8%Added
Howard Capital Management Inc.19,446$1.54M0.02%+444+2.3%Added
LSV Asset Management19,335$1.53M0.00%00.0%Unchanged
Krane Funds Advisors LLC19,200$1.52M0.05%+19,200New
Greater Midwest Financial Group, LLC19,171$1.52M0.85%+2,258+13.4%Added
Apollon Wealth Management, LLC19,100$1.52M0.03%+992+5.5%Added
Perigon Wealth Management, LLC19,093$1.52M0.03%+5,793+43.6%Added
Jefferies Financial Group Inc.18,919$1.50M0.01%−4,204−18.2%Reduced
Principal Securities, Inc.18,850$1.50M0.02%+4,612+32.4%Added
Matauro, LLC18,833$1.50M0.23%−1,229−6.1%Reduced
Johnson Investment Counsel Inc18,827$1.50M0.01%−1,159−5.8%Reduced
EP Wealth Advisors, LLC18,485$1.47M0.01%+18,485New
Equitable Holdings, Inc.18,476$1.47M0.01%−5,219−22.0%Reduced
Versor Investments LP18,402$1.46M0.23%+10,300+127.1%Added
GAMMA Investing LLC18,231$1.45M0.07%−556−3.0%Reduced
United Capital Financial Advisers, LLC18,066$1.43M0.01%+2,505+16.1%Added
Capital Planning Advisors, LLC18,064$1.43M0.19%+1,810+11.1%Added
JT Stratford LLC18,047$1.43M0.18%−7,005−28.0%Reduced
RFG Advisory, LLC18,036$1.43M0.03%−1,012−5.3%Reduced
InTrack Investment Management Inc17,933$1.42M0.80%−425−2.3%Reduced
DB Fitzpatrick & Co, Inc17,831$1.42M1.26%−126−0.7%Reduced
BNP Paribas17,718$1.41M0.04%+653+3.8%Added
Horizon Investments, LLC17,737$1.41M0.02%−11,854−40.1%Reduced
Access Financial Services, Inc.17,625$1.40M0.51%+35+0.2%Added
Tobam17,421$1.38M0.34%−10,195−36.9%Reduced
Securian Asset Management, Inc17,188$1.36M0.05%−14,266−45.4%Reduced
WD Rutherford LLC17,151$1.36M0.57%−749−4.2%Reduced
Citizens Financial Group Inc17,071$1.36M0.02%+1,757+11.5%Added
MUFG Securities Americas Inc.17,029$1.35M0.08%−535−3.0%Reduced
Stance Capital LLC16,951$1.35M0.49%+87+0.5%Added
Envestnet Portfolio Solutions, Inc.16,881$1.34M0.00%−780−4.4%Reduced
Squarepoint Ops LLC16,845$1.34M0.00%−528−3.0%Reduced
Everence Capital Management Inc16,834$1.34M0.08%+4,418+35.6%Added
Kentucky Retirement Systems Insurance Trust Fund16,745$1.33M0.09%00.0%Unchanged
Integrated Wealth Concepts LLC16,695$1.33M0.02%−2,951−15.0%Reduced
V-Square Quantitative Management LLC16,677$1.32M0.14%+1,790+12.0%Added
Livforsakringsbolaget Skandia, Omsesidigt16,412$1.30M0.05%+11,200+214.9%Added
Valeo Financial Advisors, LLC16,393$1.30M0.03%+1,154+7.6%Added
Atomi Financial Group, Inc.16,128$1.28M0.04%+4,993+44.8%Added
KLCM Advisors, Inc.16,125$1.28M0.11%00.0%Unchanged
Enterprise Financial Services Corp16,101$1.28M0.65%+49+0.3%Added
Harold Davidson & Associates Inc.16,067$1.28M0.56%−293−1.8%Reduced
Cooper Financial Group15,976$1.27M0.13%+388+2.5%Added
Aptus Capital Advisors, LLC15,943$1.27M0.01%+1,139+7.7%Added
Cullen/Frost Bankers, Inc.15,805$1.26M0.01%+79+0.5%Added
ORBA Wealth Advisors, L.L.C.15,742$1.25M1.09%−4,456−22.1%Reduced
Argonautica Private Wealth Management, Inc15,695$1.25M0.37%−701−4.3%Reduced
Alteri Wealth LLC15,556$1.24M0.40%+23+0.1%Added
RSM US Wealth Management LLC15,372$1.23M0.02%−824−5.1%Reduced
Plato Investment Management Ltd15,401$1.23M0.08%−667−4.2%Reduced
Fox Hill Wealth Management15,470$1.23M0.57%−478−3.0%Reduced
Callan Family Office, LLC15,386$1.22M0.03%+5,159+50.4%Added
Signaturefd, LLC15,379$1.22M0.02%−2,167−12.4%Reduced
Picton Mahoney Asset Management15,254$1.21M0.01%+15,239+101,593.3%Added
FIL Ltd15,248$1.21M0.00%−714−4.5%Reduced
J.W. Cole Advisors, Inc.15,717$1.21M0.03%+498+3.3%Added
Adviser Investments LLC15,173$1.20M0.01%+48+0.3%Added
Buck Wealth Strategies, LLC15,145$1.20M0.15%+8,443+126.0%Added
Ostrum Asset Management15,107$1.20M0.06%−5,005−24.9%Reduced
Sunbelt Securities, Inc.15,088$1.20M0.08%−6,114−28.8%Reduced
Aaron Wealth Advisors15,059$1.20M0.07%+7,226+92.3%Added
TRUE Private Wealth Advisors14,877$1.18M0.12%−754−4.8%Reduced
DMG Group, LLC14,803$1.18M0.78%+59+0.4%Added
JGP Wealth Management, LLC14,802$1.18M0.12%+719+5.1%Added