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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
Atria Investments LLC9,257$735.1K0.01%−739−7.4%Reduced
Glenview Trust Co9,257$735.1K0.01%+44+0.5%Added
Panagora Asset Management Inc9,254$734.9K0.00%+491+5.6%Added
Great Lakes Advisors, LLC9,234$733.3K0.01%+2,074+29.0%Added
Beacon Investment Advisors LLC9,204$730.9K0.29%−800−8.0%Reduced
Cfo Capital Management LLC9,193$730.0K0.55%+9,193New
Roberts Glore & Co Inc9,170$728.2K0.19%+1,175+14.7%Added
Prelude Capital Management, LLC9,041$717.9K0.05%+4,008+79.6%Added
Prospera Financial Services Inc8,957$711.2K0.01%−2,762−23.6%Reduced
Patron Partners Advisors, LLC8,952$710.9K0.32%−582−6.1%Reduced
Dover Advisors, LLC8,928$709.0K0.27%−410−4.4%Reduced
Landscape Capital Management, L.L.C.8,916$708.0K0.05%−22,642−71.7%Reduced
Crew Capital Management, Ltd.8,854$703.1K0.44%+1,201+15.7%Added
Ausdal Financial Partners, Inc.8,847$702.6K0.03%−763−7.9%Reduced
Bullock Wealth Management Group8,745$694.4K0.34%+1,879+27.4%Added
Ronald Blue Trust, Inc.8,719$692.4K0.01%+1,146+15.1%Added
Brown Brothers Harriman & Co8,709$691.6K0.00%+2,547+41.3%Added
Keeler Thomas Management LLC8,674$688.8K0.33%−3,758−30.2%Reduced
Zhang Financial LLC8,618$684.3K0.03%−11−0.1%Reduced
Waddell & Associates, LLC8,591$682.2K0.05%+4,515+110.8%Added
AXS Investments LLC8,587$681.9K0.23%−858−9.1%Reduced
Schonfeld Strategic Advisors LLC8,575$680.9K0.00%−7,790−47.6%Reduced
Lighthouse Investment Partners, LLC8,541$678.2K0.02%+8,541New
Paces Ferry Wealth Advisors, LLC8,484$673.7K0.27%00.0%Unchanged
Forum Financial Management, LP8,478$673.3K0.01%+46+0.5%Added
Harel Insurance Investments & Financial Services Ltd.8,476$671.0K0.01%−12,745−60.1%Reduced
St. Johns Investment Management Company, LLC8,386$665.9K0.28%−1,272−13.2%Reduced
X-Square Capital, LLC8,371$665.0K0.22%+299+3.7%Added
Empirical Asset Management, LLC8,349$663.0K0.19%−6,275−42.9%Reduced
Kames Capital plc8,347$662.7K0.01%+1,805+27.6%Added
Wealthcare Advisory Partners LLC8,304$659.4K0.01%+490+6.3%Added
FineMark National Bank & Trust8,259$655.8K0.02%−746−8.3%Reduced
Warren Averett Asset Management, LLC8,215$652.3K0.01%+4,311+110.4%Added
Expressive Wealth LLC8,131$645.7K0.70%+8,131New
Salem Investment Counselors Inc8,129$645.5K0.02%00.0%Unchanged
Capital Investment Advisory Services, LLC8,129$645.5K0.05%+1,266+18.4%Added
Sigma Planning Corp7,939$639.1K0.02%+603+8.2%Added
Ellevest, Inc.8,021$636.9K0.09%−177−2.2%Reduced
Atticus Wealth Management, LLC7,955$631.7K0.16%00.0%Unchanged
Fox Run Management, L.L.C.7,952$631.5K0.10%+7,952New
Fielder Capital Group LLC7,898$627.2K0.13%+1,167+17.3%Added
Stiles Financial Services Inc7,865$624.6K0.19%+4,215+115.5%Added
Hallmark Capital Management Inc7,859$624.1K0.04%+107+1.4%Added
Archford Capital Strategies, LLC7,791$618.7K0.07%+154+2.0%Added
AlphaGrep UK Ltd7,785$618.2K0.21%+7,785New
Probity Advisors, Inc.7,749$615.3K0.10%+4,466+136.0%Added
Global Retirement Partners, LLC7,730$613.8K0.01%+3,543+84.6%Added
Wedmont Private Capital7,622$609.9K0.02%+843+12.4%Added
Freestone Capital Holdings, LLC7,582$602.1K0.02%−58−0.8%Reduced
EverSource Wealth Advisors, LLC7,580$602.0K0.02%+4,629+156.9%Added
GTS Securities LLC7,528$597.8K0.02%−5,510−42.3%Reduced
Meiji Yasuda Asset Management Co Ltd.7,522$597.3K0.03%+857+12.9%Added
NTV Asset Management LLC7,500$595.6K0.06%00.0%Unchanged
Northside Capital Management, LLC7,500$595.6K0.05%+2,500+50.0%Added
Thrive Wealth Management, LLC7,489$594.7K0.09%+19+0.3%Added
CX Institutional7,472$593.0K0.02%+29+0.4%Added
Unique Wealth Strategies, LLC7,404$587.9K0.23%+1,885+34.2%Added
State of Wyoming7,391$586.9K0.06%+5,284+250.8%Added
Wesbanco Bank Inc7,389$586.8K0.02%−17−0.2%Reduced
Boothbay Fund Management, LLC7,365$584.9K0.02%+3,883+111.5%Added
Armis Advisers, LLC7,108$578.6K0.07%+2,235+45.9%Added
Cache Advisors, LLC7,285$578.5K0.07%00.0%Unchanged
Dorsey & Whitney Trust CO LLC7,269$577.2K0.03%+184+2.6%Added
Cassaday & Co Wealth Management LLC7,265$576.9K0.01%00.0%Unchanged
1832 Asset Management L.P.7,244$575.2K0.00%−22,564−75.7%Reduced
Wealth Alliance Advisory Group, LLC7,212$572.7K0.10%+6+0.1%Added
Odyssean, LLC7,192$571.1K0.41%+7,192New
Peck Wealth Management, LLC7,175$569.8K0.54%−525−6.8%Reduced
Parallel Advisors, LLC7,149$567.7K0.01%+341+5.0%Added
Tempo Wealth, LLC7,102$564.0K0.10%+7,102New
Trust Asset Management LLC7,086$562.7K0.04%−266−3.6%Reduced
Alpha Zero LLC7,081$562.3K0.31%+257+3.8%Added
Evergreen Capital Management LLC7,059$560.6K0.01%+80+1.1%Added
Corient IA LLC7,000$555.9K0.52%00.0%Unchanged
Studio Investment Management LLC6,974$553.8K0.10%+6,974New
Oxford Asset Management LLP6,972$553.6K0.20%+6,972New
Fifth Third Wealth Advisors LLC6,929$550.2K0.02%−280−3.9%Reduced
SRS Capital Advisors, Inc.6,906$548.4K0.02%−10,274−59.8%Reduced
Towarzystwo Funduszy Inwestycyjnych Pzu SA6,890$547.1K0.14%+1,810+35.6%Added
Keybank National Association6,823$541.8K0.00%+1,964+40.4%Added
Ritholtz Wealth Management6,807$540.5K0.01%+611+9.9%Added
Howland Capital Management LLC6,800$540.0K0.02%00.0%Unchanged
RMB Capital Management, LLC6,776$538.1K0.01%+6,776New
Mach-1 Financial Group, Inc.6,727$534.2K0.11%+6,727New
VARCOV Co.6,711$532.9K0.21%+6,711New
Quantum Private Wealth, LLC6,705$532.4K0.16%00.0%Unchanged
Maridea Wealth Management LLC6,669$529.6K0.08%+1,759+35.8%Added
Polymer Capital Management (US) LLC6,633$526.7K0.07%−664−9.1%Reduced
SCS Capital Management LLC6,617$525.5K0.01%−20−0.3%Reduced
LeConte Wealth Management, LLC6,612$525.1K0.34%+924+16.2%Added
New England Research & Management, Inc.6,595$523.7K0.23%−1,610−19.6%Reduced
Winton Group Ltd6,595$523.7K0.02%+6,595New
Allen Mooney & Barnes Investment Advisors LLC6,590$523.3K0.08%+243+3.8%Added
GEM Asset Management, LLC6,495$519.7K0.23%00.0%Unchanged
Byrne Financial Freedom, LLC6,483$514.8K0.24%+700+12.1%Added
Catalyst Capital Advisors LLC6,459$512.9K0.01%+128+2.0%Added
Brookstone Capital Management6,442$511.6K0.01%+1,547+31.6%Added
TCG Advisory Services, LLC6,427$510.4K0.01%−1,624−20.2%Reduced
JPL Wealth Management, LLC6,410$509.0K0.12%−392−5.8%Reduced
Gerber, LLC6,400$508.2K0.28%00.0%Unchanged