Fortinet, Inc.
MX ˙ BMV ˙ US34959E1091
SecurityMX:FTNT / Fortinet, Inc.
InstitutionSequoia Financial Advisors, LLC
Latest Disclosed Ownership33,212 shares
Latest Disclosed Value $ 2,714,112
Sequoia Financial Advisors, LLC reports 39.34% increase in ownership of FTNT / Fortinet, Inc.

On April 30, 2026 - Sequoia Financial Advisors, LLC filed a 13F-HR form disclosing ownership of 33,212 shares of Fortinet, Inc. (MX:FTNT) valued at $2,714,112 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 3, 2026 disclosing 23,836 shares of Fortinet, Inc.. This represents a change in shares of 39.34% 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)
2026-04-30 2026-03-31 13F FORTINET COM 34959E109 33,212 9,376 39.34 2,714 43.45 0.0152
2026-02-03 2025-12-31 13F FORTINET COM 34959E109 23,836 7,973 50.26 1,893 41.94 0.0106
2025-10-29 2025-09-30 13F FORTINET COM 34959E109 15,863 -4,236 -21.08 1,334 -37.24 0.0081
2025-07-25 2025-06-30 13F FORTINET COM 34959E109 20,099 3,706 22.61 2,125 34.69 0.0145
2025-04-23 2025-03-31 13F FORTINET COM 34959E109 16,393 679 4.32 1,578 6.27 0.0122
2025-08-08 2024-12-31 13F/A-1 FORTINET COM 34959E109 15,714 3,659 30.35 1,485 58.89 0.0143
2025-02-07 2024-12-31 13F FORTINET COM 34959E109 15,714 3,659 1,485 0.0143
2024-10-21 2024-09-30 13F FORTINET COM 34959E109 12,055 917 8.23 935 39.20 0.0100
2024-07-15 2024-06-30 13F FORTINET COM 34959E109 11,138 -656 -5.56 671 -16.65 0.0081
2024-04-30 2024-03-31 13F FORTINET COM 34959E109 11,794 -270 -2.24 806 14.02 0.0100
2024-01-26 2023-12-31 13F FORTINET COM 34959E109 12,064 6,008 99.21 706 98.87 0.0088
2023-11-08 2023-09-30 13F FORTINET COM 34959E109 6,056 -623 -9.33 355 -29.56 0.0062
2023-08-08 2023-06-30 13F FORTINET COM 34959E109 6,679 169 2.60 505 16.67 0.0087
2023-04-25 2023-03-31 13F FORTINET COM 34959E109 6,510 897 15.98 433 57.66 0.0096
2023-02-10 2022-12-31 13F/A-1 FORTINET COM 34959E109 5,613 5,613 274 0.0067
2023-01-18 2022-12-31 13F FORTINET COM 34959E109 5,613 5,613 274 0.0062
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.