Who owns Varonis Systems, Inc. (VRNS)
Which tracked institutional funds hold VRNS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VRNS company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
62 tracked funds added or opened VRNS while 139 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VRNS’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes VRNS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in VRNS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 299 tracked filers holding VRNS, 189 increased or opened the position and 155 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VRNS between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 24
- VANGUARD PORTFOLIO MANAGEMENT LLC$161M
- VANGUARD CAPITAL MANAGEMENT LLC$110M
- Alyeska Investment Group, L.P.$56M
- VANGUARD FIDUCIARY TRUST CO$17M
- Point72 Asset Management, L.P.$14M
- Qube Research & Technologies Ltd$4M
Full exits 40
- VANGUARD GROUP INC$435M
- RGM Capital, LLC$104M
- CADIAN CAPITAL MANAGEMENT, LP$75M
- SOMA EQUITY PARTNERS LP$74M
- NOMURA HOLDINGS INC$37M
- JENNISON ASSOCIATES LLC$34M
Largest adds
- CITADEL ADVISORS LLC$35M
- TWO SIGMA INVESTMENTS, LP$23M
- NORGES BANK$23M
- Senvest Management, LLC$22M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$16M
- JANE STREET GROUP, LLC$14M
Largest trims
- BlackRock, Inc.$235M
- FIRST TRUST ADVISORS LP$85M
- FMR LLC$83M
- VOYA INVESTMENT MANAGEMENT LLC$62M
- BNP PARIBAS ASSET MANAGEMENT Holding S.A.$43M
- TREMBLANT CAPITAL GROUP$38M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,483,115 | $161M | 4.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 6,211,806 | $133M | 3.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 5,100,514 | $110M | 2.9% | 2026-Q1 |
| TREMBLANT CAPITAL GROUP added | 3,579,668 | $77M | 2.1% | 2026-Q1 |
| Pictet Asset Management Holding SA added | 3,123,056 | $67M | 1.8% | 2026-Q1 |
| STATE STREET CORP added | 2,908,597 | $62M | 1.7% | 2026-Q1 |
| Penserra Capital Management LLC added | 2,891,462 | $62M | 1.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,884,132 | $62M | 1.7% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 2,803,987 | $60M | 1.6% | 2026-Q1 |
| Alyeska Investment Group, L.P. added | 2,625,186 | $56M | 1.5% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 2,582,147 | $55M | 1.5% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 2,413,609 | $52M | 1.4% | 2026-Q1 |
| NORGES BANK added | 1,269,257 | $51M | 1.4% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 2,360,807 | $51M | 1.4% | 2026-Q1 |
| AMERICAN CAPITAL MANAGEMENT INC added | 2,328,379 | $50M | 1.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,200,041 | $47M | 1.3% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 2,166,414 | $46M | 1.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 2,156,578 | $46M | 1.2% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 2,154,931 | $46M | 1.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 2,147,019 | $46M | 1.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 2,006,461 | $43M | 1.2% | 2026-Q1 |
| Stephens Investment Management Group LLC added | 1,992,760 | $43M | 1.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 1,571,934 | $34M | 0.9% | 2026-Q1 |
| Clal Insurance Enterprises Holdings Ltd | 1,460,000 | $31M | 0.8% | 2026-Q1 |
| Senvest Management, LLC added | 1,448,943 | $31M | 0.8% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,409,487 | $30M | 0.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,429,212 | $30M | 0.8% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 1,403,066 | $30M | 0.8% | 2026-Q1 |
| BAMCO INC /NY/ added | 1,239,294 | $27M | 0.7% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,145,978 | $25M | 0.7% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,104,629 | $24M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,064,003 | $23M | 0.6% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,033,207 | $22M | 0.6% | 2026-Q1 |
| EMERALD ADVISERS, LLC trimmed | 869,021 | $19M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 852,210 | $18M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 810,743 | $17M | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 747,658 | $16M | 0.4% | 2026-Q1 |
| FMR LLC trimmed | 675,841 | $15M | 0.4% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 656,239 | $14M | 0.4% | 2026-Q1 |
| UBS Group AG trimmed | 644,489 | $14M | 0.4% | 2026-Q1 |
| Phoenix Financial Ltd. trimmed | 557,836 | $12M | 0.3% | 2026-Q1 |
| EMERALD MUTUAL FUND ADVISERS TRUST | 555,882 | $12M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 552,203 | $12M | 0.3% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 537,235 | $12M | 0.3% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 521,263 | $11M | 0.3% | 2026-Q1 |
| Kopion Asset Management, LLC added | 495,694 | $11M | 0.3% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 464,065 | $10M | 0.3% | 2026-Q1 |
| HERALD INVESTMENT MANAGEMENT Ltd trimmed | 463,500 | $10M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board added | 401,000 | $9M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 384,625 | $8M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 384,828 | $8M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 358,152 | $8M | 0.2% | 2026-Q1 |
| Verition Fund Management LLC added | 357,946 | $8M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 348,237 | $7M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 346,700 | $7M | 0.2% | 2026-Q1 |
| Trexquant Investment LP added | 343,905 | $7M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC added | 328,802 | $7M | 0.2% | 2026-Q1 |
| PEREGRINE CAPITAL MANAGEMENT LLC added | 326,153 | $7M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 313,741 | $7M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 302,462 | $6M | 0.2% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 282,767 | $6M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 276,351 | $6M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 274,485 | $6M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 269,865 | $6M | 0.2% | 2026-Q1 |
| BARCLAYS PLC trimmed | 247,717 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 13,250,661 | $435M | 11.6% | 2025-Q4 stale |
| MACQUARIE GROUP LTD trimmed | 2,502,555 | $144M | 3.8% | 2025-Q3 stale |
| Hood River Capital Management LLC trimmed | 1,908,011 | $110M | 2.9% | 2025-Q3 stale |
| RGM Capital, LLC added | 3,160,093 | $104M | 2.8% | 2025-Q4 stale |
| Greenvale Capital LLP added | 1,725,000 | $99M | 2.6% | 2025-Q3 stale |
| CADIAN CAPITAL MANAGEMENT, LP added | 2,282,581 | $75M | 2.0% | 2025-Q4 stale |
| SOMA EQUITY PARTNERS LP added | 2,255,117 | $74M | 2.0% | 2025-Q4 stale |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 1,286,079 | $74M | 2.0% | 2025-Q3 stale |
| LOOMIS SAYLES & CO L P trimmed | 1,139,191 | $65M | 1.7% | 2025-Q3 stale |
| Atreides Management, LP new | 658,415 | $38M | 1.0% | 2025-Q3 stale |
| NOMURA HOLDINGS INC added | 1,122,872 | $37M | 1.0% | 2025-Q4 stale |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 612,673 | $35M | 0.9% | 2025-Q3 stale |
| JENNISON ASSOCIATES LLC added | 1,036,934 | $34M | 0.9% | 2025-Q4 stale |
| Driehaus Capital Management LLC trimmed | 551,702 | $32M | 0.8% | 2025-Q3 stale |
| AXA Investment Managers S.A. new | 511,400 | $29M | 0.8% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC added | 713,741 | $29M | 0.8% | 2025-Q1 stale |
| TWO SIGMA ADVISERS, LP trimmed | 837,000 | $27M | 0.7% | 2025-Q4 stale |
| MILLENNIUM MANAGEMENT LLC trimmed | 780,981 | $26M | 0.7% | 2025-Q4 stale |
| Thematics Asset Management trimmed | 434,697 | $25M | 0.7% | 2025-Q3 stale |
| J. Goldman & Co LP new | 448,202 | $23M | 0.6% | 2025-Q2 stale |
| Woodline Partners LP added | 649,361 | $21M | 0.6% | 2025-Q4 stale |
| AustralianSuper Pty Ltd | 602,379 | $20M | 0.5% | 2025-Q4 stale |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 338,034 | $19M | 0.5% | 2025-Q3 stale |
| ION Fund Management Ltd new | 480,000 | $16M | 0.4% | 2025-Q4 stale |
| PINEBRIDGE INVESTMENTS, L.P. trimmed | 303,050 | $15M | 0.4% | 2025-Q2 stale |
| NOMURA ASSET MANAGEMENT CO LTD trimmed | 347,400 | $11M | 0.3% | 2025-Q4 stale |
| Swedbank AB | 328,309 | $11M | 0.3% | 2025-Q4 stale |
| OBERWEIS ASSET MANAGEMENT INC/ | 176,600 | $10M | 0.3% | 2025-Q3 stale |
| WCM INVESTMENT MANAGEMENT, LLC trimmed | 289,128 | $10M | 0.3% | 2025-Q4 stale |
| Engineers Gate Manager LP added | 138,000 | $8M | 0.2% | 2025-Q3 stale |
| 1832 Asset Management L.P. added | 136,200 | $8M | 0.2% | 2025-Q3 stale |
| Hodges Capital Management Inc. added | 126,450 | $7M | 0.2% | 2025-Q3 stale |
| AXIOM INVESTORS LLC /DE trimmed | 214,080 | $7M | 0.2% | 2025-Q4 stale |
| Nicholas Investment Partners, LP new | 107,322 | $6M | 0.2% | 2025-Q3 stale |
| CASTLEARK MANAGEMENT LLC added | 104,061 | $6M | 0.2% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.