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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
Alessandra Capital Management, LLC14,730$1.17M1.04%+14,730New
Groesbeck Investment Management Corp14,649$1.16M2.19%00.0%Unchanged
MAI Capital Management14,625$1.16M0.01%+629+4.5%Added
First United Bank Trust14,540$1.15M0.37%−795−5.2%Reduced
Orion Capital Management LLC14,525$1.15M0.39%−78−0.5%Reduced
Duncan Williams Asset Management, LLC14,211$1.15M0.29%−882−5.8%Reduced
Birchbrook, Inc.14,410$1.14M0.57%+1,095+8.2%Added
SHUTTLEWORTH & Co14,353$1.14M1.04%−1,806−11.2%Reduced
Quadrant Capital Group LLC14,316$1.14M0.03%+25+0.2%Added
MASTERINVEST Kapitalanlage GmbH13,982$1.12M0.11%−632−4.3%Reduced
Wedbush Securities Inc14,039$1.11M0.03%−479−3.3%Reduced
Fragasso Group Inc.14,009$1.11M0.07%−916−6.1%Reduced
Canada Post Corp Registered Pension Plan13,990$1.11M0.04%+3,460+32.9%Added
Concurrent Investment Advisors, LLC13,983$1.11M0.01%+1,526+12.3%Added
Coldstream Capital Management Inc13,746$1.09M0.01%+1,254+10.0%Added
Eventide Asset Management, LLC13,582$1.09M0.02%+1,886+16.1%Added
Analyst IMS Investment Management Services Ltd.13,693$1.09M0.03%00.0%Unchanged
Stephens Inc13,686$1.09M0.01%−752−5.2%Reduced
Capital Analysts, LLC13,639$1.08M0.03%00.0%Unchanged
Saturna Capital CORP13,625$1.08M0.01%−6,709−33.0%Reduced
Meeder Advisory Services, Inc.13,481$1.07M0.05%+32+0.2%Added
Wealthspire Advisors, LLC13,475$1.07M0.01%+9,989+286.5%Added
Havemeyer Place LP13,466$1.07M0.21%+13,466New
Inspire Advisors, LLC13,398$1.06M0.10%−31,271−70.0%Reduced
Ducere Wealth Management LLC13,359$1.06M0.41%+13,359New
Impax Asset Management Group plc13,327$1.06M0.01%+13,327New
Marex Group plc13,194$1.05M0.01%−1,015−7.1%Reduced
Venture Visionary Partners LLC13,177$1.05M0.03%−60−0.5%Reduced
Inscription Capital, LLC13,165$1.05M0.11%+5,799+78.7%Added
Kinneret Advisory, LLC13,135$1.04M0.09%−359−2.7%Reduced
Flossbach Von Storch AG13,031$1.03M0.00%+3,278+33.6%Added
Moneta Group Investment Advisors LLC12,974$1.03M0.01%−986−7.1%Reduced
Frank, Rimerman Advisors LLC12,943$1.03M0.07%−1,489−10.3%Reduced
Northern Oak Wealth Management Inc12,843$1.02M0.13%−750−5.5%Reduced
Greenfield Savings Bank12,817$1.02M0.43%−939−6.8%Reduced
Bleakley Financial Group, LLC12,800$1.02M0.02%+2,052+19.1%Added
Global Financial Private Client, LLC12,800$1.02M0.36%+260+2.1%Added
Bank Julius Baer & Co. Ltd, Zurich12,714$1.01M0.00%−174,525−93.2%Reduced
Raiffeisen Bank International AG12,534$1.01M0.01%−73,842−85.5%Reduced
Volterra Technologies LP12,550$996.6K1.02%+12,550New
SHP Wealth Management12,532$995.2K0.08%+12,532New
Park Avenue Securities LLC12,520$994.0K0.01%−2,725−17.9%Reduced
PEAK6 LLC12,317$978.1K0.03%+12,317New
Sagespring Wealth Partners, LLC12,250$972.8K0.02%+7,808+175.8%Added
Inceptionr LLC12,234$971.5K0.27%+12,234New
Belpointe Asset Management LLC12,207$969.4K0.04%−166−1.3%Reduced
Radnor Capital Management, LLC12,200$968.8K0.14%00.0%Unchanged
Prudential PLC12,088$959.9K0.01%−10,848−47.3%Reduced
Skopos Labs, Inc.11,860$958.5K0.04%+6,192+109.2%Added
Kesler, Norman & Wride, LLC12,062$957.8K0.16%−1,612−11.8%Reduced
Prescott Group Capital Management, L.L.C.12,000$952.9K0.09%00.0%Unchanged
Rooted Wealth Advisors, Inc.11,700$949.1K0.27%−98−0.8%Reduced
AE Wealth Management LLC11,894$944.5K0.01%−2,103−15.0%Reduced
Parcion Private Wealth LLC11,837$940.0K0.06%+3,523+42.4%Added
Terra Nova Asset Management LLC11,734$931.8K0.61%−1,800−13.3%Reduced
Larson Financial Group LLC11,661$926.0K0.03%+151+1.3%Added
CFC Planning Co LLC11,656$925.6K0.71%+4,737+68.5%Added
Evolve Private Wealth, LLC11,655$925.5K0.05%+11,655New
Tiaa Trust, National Association11,515$914.4K0.00%−46−0.4%Reduced
U.S. Capital Wealth Advisors, LLC11,463$910.3K0.02%−416−3.5%Reduced
Werlinich Asset Management, LLC11,160$896.3K0.44%+325+3.0%Added
Caerus Investment Advisors, LLC11,255$893.8K0.30%+11,255New
J2 Capital Management Inc11,183$888.0K0.65%−541−4.6%Reduced
Fiduciary Trust Co11,079$879.8K0.01%+256+2.4%Added
TD Waterhouse Canada Inc.10,938$868.4K0.01%+524+5.0%Added
Kestra Private Wealth Services, LLC10,929$867.8K0.01%−277−2.5%Reduced
Beck Bode, LLC10,830$860.0K0.14%+599+5.9%Added
Clearstead Advisors, LLC10,797$857.4K0.01%+5,159+91.5%Added
Virtu Financial LLC10,679$848.0K0.03%+10,679New
Huntington National Bank10,578$840.0K0.01%−5,325−33.5%Reduced
Qtron Investments LLC10,568$839.2K0.11%−982−8.5%Reduced
Willner & Heller, LLC10,500$833.8K0.60%+25+0.2%Added
Wealth Enhancement Trust Services, Inc.10,497$833.6K0.11%+10,497New
GraniteShares Advisors LLC10,476$831.9K0.51%+509+5.1%Added
Jacksonville Wealth Management, LLC10,371$823.6K0.58%00.0%Unchanged
Evoke Wealth, LLC10,371$823.6K0.02%+2,701+35.2%Added
Systematic Alpha Investments, LLC10,359$822.7K0.03%−10.0%Reduced
Syon Capital LLC10,336$820.8K0.04%+3,861+59.6%Added
FLC Capital Advisors10,305$818.3K0.15%00.0%Unchanged
Davenport & Co LLC10,299$817.9K0.00%+266+2.7%Added
Cito Capital Group, LLC10,250$814.0K0.24%−9,000−46.8%Reduced
Accurate Wealth Management, LLC10,268$813.4K0.10%−91−0.9%Reduced
Krilogy Financial LLC9,716$807.1K0.03%+1,232+14.5%Added
Quattro Financial Advisors LLC10,000$794.1K0.24%+10,000New
TCW Group Inc9,902$786.3K0.01%+9,902New
Applied Finance Capital Management, LLC9,870$783.8K0.06%+807+8.9%Added
Snowden Capital Advisors LLC9,849$782.1K0.02%−65−0.7%Reduced
Mainstay Capital Management LLC9,728$772.5K0.06%+1,157+13.5%Added
Wisconsin Wealth Advisors, LLC9,683$768.9K0.75%−392−3.9%Reduced
Greenleaf Trust9,581$760.8K0.01%+1,024+12.0%Added
Ballentine Partners, LLC9,555$758.8K0.01%+156+1.7%Added
Altshuler Shaham Ltd9,525$756.4K0.01%+58+0.6%Added
Astoria Portfolio Advisors LLC.10,001$756.1K0.17%+10,001New
HBK Sorce Advisory LLC9,063$750.1K0.02%−1,408−13.4%Reduced
Cascade Investment Group, Inc.9,425$748.4K0.50%00.0%Unchanged
111 Capital9,399$746.4K0.16%+4,379+87.2%Added
Edmond de Rothschild Holding S.A.9,387$745.4K0.01%+294+3.2%Added
Gallacher Capital Management LLC9,340$741.7K0.29%−420−4.3%Reduced
Cresset Asset Management, LLC9,317$739.8K0.00%+949+11.3%Added
Renaissance Group LLC9,279$736.8K0.03%+33+0.4%Added