Fortinet, Inc.
MX ˙ BMV ˙ US34959E1091
SecurityMX:FTNT / Fortinet, Inc.
InstitutionFinancial Advisors Network, Inc.
Latest Disclosed Ownership59,224 shares
Latest Disclosed Value $ 4,839,769
Financial Advisors Network, Inc. reports 3.84% increase in ownership of FTNT / Fortinet, Inc.

On May 14, 2026 - Financial Advisors Network, Inc. filed a 13F-HR form disclosing ownership of 59,224 shares of Fortinet, Inc. (MX:FTNT) valued at $4,839,769 USD as of March 31, 2026. The entity filed a previous 13F-HR on May 14, 2026 disclosing 57,035 shares of Fortinet, Inc.. This represents a change in shares of 3.84% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F FORTINET COM 34959E109 59,224 2,189 3.84 4,840 6.84 0.6682
2026-05-14 2025-12-31 13F FORTINET COM 34959E109 57,035 373 0.66 4,529 -4.93 0.6208
2025-11-14 2025-09-30 13F FORTINET COM 34959E109 56,662 74 0.13 4,764 -20.36 0.6747
2025-08-14 2025-06-30 13F FORTINET COM 34959E109 56,588 3,454 6.50 5,982 16.97 0.9033
2025-05-13 2025-03-31 13F FORTINET COM 34959E109 53,134 -45,594 -46.18 5,115 -45.17 0.8484
2025-02-14 2024-12-31 13F FORTINET COM 34959E109 98,728 30,152 43.97 9,328 132.42 1.5522
2024-02-09 2023-12-31 13F FORTINET COM 34959E109 68,576 6,544 10.55 4,014 10.25 0.8081
2023-11-15 2023-09-30 13F FORTINET COM 34959E109 62,032 16,180 35.29 3,640 62.43 0.8180
2023-02-02 2022-12-31 13F FORTINET COM 34959E109 45,852 1,106 2.47 2,242 1.96 0.5936
2022-11-14 2022-09-30 13F FORTINET COM 34959E109 44,746 607 1.38 2,198 -11.97 0.6495
2022-08-04 2022-06-30 13F FORTINET COM 34959E109 44,139 35,368 403.24 2,497 -16.68 0.6980
2022-05-13 2022-03-31 13F FORTINET COM 34959E109 8,771 -1,076 -10.93 2,997 -15.32 0.7379
2022-02-11 2021-12-31 13F FORTINET COM 34959E109 9,847 -149 -1.49 3,539 3.48 0.7961
2021-12-27 2021-09-30 13F FORTINET COM 34959E109 9,996 -343 -3.32 3,420 38.86 0.7877
2021-08-13 2021-06-30 13F FORTINET COM 34959E109 10,339 -1,029 -9.05 2,463 17.51 0.7263
2021-05-14 2021-03-31 13F FORTINET COM 34959E109 11,368 -2,271 -16.65 2,096 3.46 0.6768
2021-02-11 2020-12-31 13F FORTINET COM 34959E109 13,639 533 4.07 2,026 31.22 0.6961
2020-11-13 2020-09-30 13F FORTINET COM 34959E109 13,106 -1,247 -8.69 1,544 -21.62 0.6046
2020-08-11 2020-06-30 13F FORTINET COM 34959E109 14,353 -1,252 -8.02 1,970 24.76 0.8031
2020-05-11 2020-03-31 13F FORTINET COM 34959E109 15,605 559 3.72 1,579 -1.68 0.7532
2020-02-13 2019-12-31 13F FORTINET COM 34959E109 15,046 -345 -2.24 1,606 35.99 0.7352
2019-11-12 2019-09-30 13F FORTINET COM 34959E109 15,391 736 5.02 1,181 -1.09 0.6045
2019-08-09 2019-06-30 13F FORTINET COM 34959E109 14,655 957 6.99 1,194 20.24 0.6419
2019-06-04 2019-03-31 13F FORTINET COM 34959E109 13,698 13,698 993 0.5755
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.