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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
Convergence Financial, LLC6,379$506.6K0.07%−23,415−78.6%Reduced
Savant Capital, LLC6,332$502.8K0.00%+1,584+33.4%Added
Clear Creek Financial Management, LLC6,263$497.3K0.04%−150−2.3%Reduced
Kaydan Wealth Management, Inc.6,238$495.4K0.14%−609−8.9%Reduced
Azimuth Capital Investment Management LLC6,235$495.1K0.02%−175−2.7%Reduced
Savvy Advisors, Inc.6,194$491.8K0.02%+1,455+30.7%Added
Mascagni Wealth Management, Inc.6,191$491.6K0.37%00.0%Unchanged
Ambassador Advisors, LLC6,174$490.3K0.07%−50,097−89.0%Reduced
Pensionmark Financial Group, LLC6,150$488.4K0.01%+826+15.5%Added
Wealth Quarterback LLC6,148$488.2K0.18%−743−10.8%Reduced
Capstone Investment Advisors, LLC6,143$487.8K0.00%−14,485−70.2%Reduced
Parrish Capital LLC6,141$487.7K0.44%+6,141New
denkapparat Operations GmbH6,132$486.9K0.26%+2,234+57.3%Added
WBI Investments6,098$484.2K0.13%+6,098New
StoneX Group Inc.6,063$484.0K0.02%−12,813−67.9%Reduced
Cigna Investments Inc6,094$484.0K0.07%−213−3.4%Reduced
Transcend Wealth Collective, LLC6,073$482.3K0.04%+3,406+127.7%Added
CIBC Private Wealth Group, LLC6,031$478.9K0.00%−1,564−20.6%Reduced
AdvisorShares Investments LLC6,000$476.5K0.08%+6,000New
Keating Financial Advisory Services, Inc.5,952$472.6K0.06%+5,952New
Pinnacle Associates Ltd5,940$471.7K0.01%+5,940New
Money Concepts Capital Corp5,931$471.0K0.03%+5,931New
Calamos Wealth Management LLC5,929$470.8K0.02%+832+16.3%Added
Catalyst Financial Partners LLC5,870$466.1K0.05%+847+16.9%Added
Novare Capital Management LLC5,807$461.1K0.03%+400+7.4%Added
Dara Capital US, Inc.5,801$460.7K0.41%+5,801New
Advyzon Investment Management, LLC5,741$455.9K0.05%+693+13.7%Added
Crumly & Associates Inc.5,721$454.3K0.10%+776+15.7%Added
Chicago Partners Investment Group LLC5,563$454.2K0.01%+1,708+44.3%Added
Invesco, LLC5,714$453.7K0.15%−146−2.5%Reduced
Everhart Financial Group, Inc.5,704$453.0K0.04%−364−6.0%Reduced
Prasad Wealth Partners, LLC5,685$451.4K0.12%+5,685New
Commerzbank Aktiengesellschaft5,663$450.0K0.01%+1,712+43.3%Added
Cornerstone Select Advisors, LLC5,663$449.7K0.31%−1,379−19.6%Reduced
Kensington Investment Counsel, LLC5,637$447.6K0.18%+5,637New
Capital Investment Counsel, Inc5,625$446.7K0.05%00.0%Unchanged
Wellspring Financial Advisors, LLC5,593$444.2K0.04%+5,593New
Rothschild Investment LLC5,559$441.4K0.02%+2,612+88.6%Added
Pure Financial Advisors, Inc.5,545$440.3K0.01%+420+8.2%Added
Regions Financial Corp5,527$438.9K0.00%−719−11.5%Reduced
Sax Wealth Advisors, LLC5,511$437.6K0.02%−436−7.3%Reduced
KMG Fiduciary Partners, LLC5,468$434.2K0.03%+5,468New
Retirement Planning Group5,456$433.3K0.01%00.0%Unchanged
National Asset Management, Inc.5,439$431.9K0.02%−5,525−50.4%Reduced
Exencial Wealth Advisors, LLC5,431$431.3K0.01%+1,521+38.9%Added
Great Valley Advisor Group, Inc.5,425$431.0K0.01%−1,567−22.4%Reduced
Interchange Capital Partners, LLC5,422$430.6K0.08%−1,228−18.5%Reduced
Investment Partners Asset Management, Inc.5,397$428.6K0.27%+318+6.3%Added
Robertson Stephens Wealth Management, LLC5,395$428.4K0.01%+85+1.6%Added
Smartleaf Asset Management LLC5,330$428.1K0.02%+97+1.9%Added
Journey Strategic Wealth LLC5,342$424.2K0.01%+972+22.2%Added
Meridian Wealth Management, LLC5,327$423.0K0.01%−145−2.6%Reduced
Adams Wealth Management5,316$422.1K0.09%−40−0.7%Reduced
CacheTech Inc.5,316$422.1K0.08%−40−0.7%Reduced
Visionary Wealth Advisors5,307$421.4K0.02%+1,304+32.6%Added
Resources Investment Advisors, LLC.5,274$418.8K0.00%−208−3.8%Reduced
Morningstar Investment Management LLC5,269$418.0K0.02%00.0%Unchanged
Delta Investment Management, LLC5,250$416.9K0.07%+125+2.4%Added
We Are One Seven, LLC5,245$416.5K0.01%−1,624−23.6%Reduced
Kovack Advisors, Inc.5,243$416.3K0.02%+1,073+25.7%Added
HHM Wealth Advisors, LLC5,234$415.6K0.05%−392−7.0%Reduced
Pinnacle Wealth Management Advisory Group, LLC5,220$414.5K0.03%+5,220New
Sivia Capital Partners, LLC5,215$414.1K0.08%+5,215New
TD Private Client Wealth LLC5,160$409.8K0.01%+557+12.1%Added
Acorn Wealth Advisors, LLC5,114$406.1K0.12%−20.0%Reduced
SBI Securities Co., Ltd.5,068$402.4K0.01%−712−12.3%Reduced
Investment Advisory Group, LLC5,058$401.7K0.10%00.0%Unchanged
Gabelli Funds LLC5,031$399.5K0.00%+1,000+24.8%Added
Fiduciary Alliance LLC5,029$399.4K0.03%−64−1.3%Reduced
Conestoga Capital Advisors, LLC5,018$398.5K0.01%−2,195−30.4%Reduced
Optimist Retirement Group LLC5,010$397.8K0.18%+122+2.5%Added
Garde Capital, Inc.5,000$397.1K0.02%−25−0.5%Reduced
Zuckerman Investment Group, LLC5,000$397.1K0.04%00.0%Unchanged
Phoenix Holdings Ltd.4,972$394.8K0.00%+754+17.9%Added
Yorktown Management & Research Co Inc4,950$393.1K0.31%00.0%Unchanged
Jackson Creek Investment Advisors LLC4,912$390.0K0.12%−154−3.0%Reduced
BXM Wealth LLC4,900$389.1K0.30%−600−10.9%Reduced
Avestar Capital, LLC4,899$389.0K0.03%−2,716−35.7%Reduced
South Dakota Investment Council4,885$388.0K0.01%−300−5.8%Reduced
Close Asset Management Ltd4,861$386.0K0.01%−604−11.1%Reduced
Silver Oak Securities, Inc4,805$385.9K0.03%−7,471−60.9%Reduced
Summit Financial, LLC4,858$385.8K0.01%−42−0.9%Reduced
Spinnaker Trust4,835$383.9K0.02%+300+6.6%Added
Ci Investments Inc.4,821$382.8K0.00%+1,475+44.1%Added
Stenger Family Office, LLC4,819$382.7K0.08%−9,512−66.4%Reduced
Dana Investment Advisors, Inc.4,758$377.8K0.01%−18,459−79.5%Reduced
Texas Bank & Trust Co4,750$377.2K0.14%00.0%Unchanged
Rehmann Capital Advisory Group4,749$377.1K0.02%+16+0.3%Added
Kirtland Hills Capital Management, LLC4,729$375.5K0.13%−383−7.5%Reduced
Angeles Wealth Management, LLC4,691$372.5K0.02%−8−0.2%Reduced
Perpetual Ltd4,680$371.6K0.01%+4,680New
Foundations Investment Advisors, LLC4,647$369.0K0.00%+717+18.2%Added
Wright Investors Service Inc4,630$367.7K0.11%−1,110−19.3%Reduced
Elevated Private Wealth, LLC4,606$365.8K0.38%+4,606New
Rathbone Brothers plc4,589$364.4K0.00%+2,038+79.9%Added
Crestwood Advisors Group LLC4,560$362.1K0.01%+4,560New
Net Worth Advisory Group4,551$361.4K0.07%−4,128−47.6%Reduced
Mendel Money Management4,530$359.7K0.15%−125−2.7%Reduced
Spire Wealth Management4,524$359.2K0.01%−1,541−25.4%Reduced
Mather Group, LLC.4,517$358.7K0.00%+609+15.6%Added