Varonis SystemsVRNS
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 321 institutions reported holding Varonis Systems Inc. (VRNS) in their 13F filings, down 39 from Q3 2025. 49 opened new positions and 96 sold out. The largest holders were Vanguard Group Inc. ($440.1M), BlackRock, Inc. ($368.2M) and First Trust Advisors LP ($145.2M). 5 famous investors held it, including Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Varonis Systems Inc.
- CUSIP
- 922280102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 49 | $244.2M |
| Exits | 96 | $766.2M |
All 13F filers, Q3 2025 → Q4 2025: 23,673,055 shares bought and 26,343,477 shares sold, net −2,670,422 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 321 holders
| Vanguard Group Inc. | 0.01% | Add +6.5% | 13,418,273 | $440.1M |
| BlackRock, Inc. | 0.01% | Add +6.0% | 11,226,717 | $368.2M |
| First Trust Advisors LP | 0.11% | Add +40.6% | 4,427,245 | $145.2M |
| Tremblant Capital Group | 2.94% | Add +678.0% | 3,509,649 | $115.1M |
| Voya Investment Management LLC | 0.13% | Add +4.8% | 3,471,503 | $113.9M |
| RGM Capital, LLC | 5.03% | Add +17.1% | 3,160,093 | $103.7M |
| FMR LLC | 0.01% | Add +45.4% | 2,959,155 | $97.1M |
| State Street Corp. | 0.00% | Add +4.0% | 2,835,650 | $93.0M |
| Geode Capital Management, LLC | 0.01% | Add +5.7% | 2,833,180 | $92.9M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.10% | New | 2,732,556 | $89.6M |
| Clearbridge Investments, LLC | 0.07% | Add +12.1% | 2,544,180 | $83.4M |
| Nomura Asset Management International Inc. | 0.12% | — | 2,361,646 | $77.5M |
| Cadian Capital Management, LP | 5.41% | Add +25.7% | 2,282,581 | $74.9M |
| Penserra Capital Management LLC | 0.89% | Add +80.1% | 2,281,839 | $74.8M |
| Soma Equity Partners LP | 4.32% | Add +4.8% | 2,255,117 | $74.0M |
| Pictet Asset Management Holding SA | 0.07% | Add +99.1% | 2,178,380 | $71.5M |
| Stephens Investment Management Group LLC | 0.72% | Add +6.7% | 1,690,349 | $55.4M |
| Morgan Stanley | 0.00% | Add +60.1% | 1,548,868 | $50.8M |
| American Capital Management Inc. | 2.18% | Add +10.0% | 1,509,039 | $49.5M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.07% | Add +20.2% | 1,472,020 | $48.3M |
| Jacobs Levy Equity Management, Inc. | 0.19% | New | 1,471,418 | $48.3M |
| Clal Insurance Enterprises Holdings Ltd | 0.31% | Add +7.3% | 1,460,000 | $47.9M |
| Principal Financial Group Inc. | 0.02% | Reduce -0.0% | 1,410,846 | $46.3M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -58.4% | 1,233,424 | $40.5M |
| Baron Capital (BAMCO) | 0.11% | Add +119.3% | 1,226,240 | $40.2M |
| Neuberger Berman Group LLC | 0.03% | Add +8.2% | 1,198,738 | $39.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -2.4% | 1,195,613 | $39.2M |
| UBS Group AG | 0.01% | Reduce -5.1% | 1,175,699 | $38.6M |
| Nomura Holdings Inc. | 0.11% | New | 1,122,872 | $36.8M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +8.3% | 1,067,012 | $35.0M |
| Northern Trust Corp. | 0.00% | Reduce -0.8% | 1,039,950 | $34.1M |
| Jennison Associates LLC | 0.02% | Add +92.5% | 1,036,934 | $34.0M |
| Emerald Advisers, LLC | 0.92% | Reduce -0.3% | 907,764 | $29.8M |
| Manufacturers Life Insurance Company, The | 0.02% | Add +23.4% | 887,713 | $29.1M |
| Norges Bank | 0.00% | — | 878,383 | $28.8M |
| Phoenix Financial Ltd. | 0.30% | Reduce -39.1% | 853,336 | $28.0M |
| Bank of America Corp. | 0.00% | Reduce -14.5% | 845,329 | $27.7M |
| Two Sigma Advisers, LP | 0.05% | Reduce -54.3% | 837,000 | $27.5M |
| Millennium Management | 0.02% | Reduce -38.5% | 780,981 | $25.6M |
| Migdal Insurance & Financial Holdings Ltd. | 0.21% | Add +127.2% | 732,189 | $24.0M |
| Two Sigma Investments, LP | 0.04% | Reduce -53.4% | 708,070 | $23.2M |
| Woodline Partners LP | 0.08% | New | 649,361 | $21.3M |
| AustralianSuper Pty Ltd | 0.09% | No change | 602,379 | $19.8M |
| Emerald Mutual Fund Advisers Trust | 0.89% | No change | 555,882 | $18.2M |
| Ameriprise Financial Inc. | 0.00% | Reduce -37.1% | 537,040 | $17.6M |
| AQR Capital Management | 0.01% | Reduce -34.7% | 498,561 | $16.4M |
| Barclays PLC | 0.01% | Reduce -11.1% | 487,791 | $16.0M |
| HERALD INVESTMENT MANAGEMENT Ltd | 2.07% | Add +9.0% | 483,500 | $15.9M |
| ION Fund Management Ltd | 2.01% | — | 480,000 | $15.7M |
| Bank of New York Mellon Corp | 0.00% | Reduce -1.3% | 471,460 | $15.5M |
| Bank of Montreal | 0.01% | Add +0.1% | 458,258 | $15.0M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Add +357.4% | 442,670 | $14.5M |
| Wells Fargo & Company | 0.00% | Add +3.1% | 442,273 | $14.5M |
| Harvey Partners, LLC | 1.20% | Add +0.1% | 406,085 | $13.3M |
| Legal & General Group Plc | 0.00% | Reduce -50.5% | 374,037 | $12.3M |
| Royal Bank of Canada | 0.00% | Reduce -42.5% | 360,042 | $11.8M |
| Nomura Asset Management Co. Ltd. | 0.03% | Reduce -35.8% | 347,400 | $11.4M |
| Kopion Asset Management, LLC | 7.79% | Add +84.6% | 331,969 | $10.9M |
| Swedbank AB | 0.01% | No change | 328,309 | $10.8M |
| Raymond James Financial Inc. | 0.00% | Reduce -22.9% | 308,719 | $10.2M |
| Citigroup Inc. | 0.01% | Add +59.4% | 302,729 | $9.9M |
| Russell Investments Group, Ltd. | 0.01% | Add +2717.5% | 302,518 | $9.9M |
| WCM Investment Management, LLC | 0.02% | Reduce -33.1% | 289,128 | $9.6M |
| Senvest Management, LLC | 0.29% | Add +250.1% | 286,292 | $9.4M |
| Peregrine Capital Management LLC | 0.28% | Add +8.6% | 283,367 | $9.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +48.9% | 279,750 | $9.2M |
| Assenagon Asset Management S.A. | 0.01% | Add +63.8% | 270,606 | $8.9M |
| Panagora Asset Management Inc. | 0.03% | Add +2.2% | 266,171 | $8.7M |
| BW Gestao de Investimentos Ltda. | 0.30% | Reduce -17.7% | 263,169 | $8.6M |
| Deutsche Bank AG | 0.00% | Reduce -12.6% | 246,257 | $8.1M |
| Citadel Advisors | 0.01% | New | 244,789 | $8.0M |
| KBC Group NV | 0.02% | Add +58.3% | 239,698 | $7.9M |
| Nuveen, LLC | 0.00% | Reduce -46.6% | 238,139 | $7.8M |
| Swiss National Bank | 0.00% | Add +1.8% | 220,954 | $7.2M |
| Man Group plc | 0.01% | Reduce -58.6% | 216,798 | $7.1M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.02% | Add +86.9% | 216,009 | $7.1M |
| Axiom Investors LLC | 0.06% | Reduce -39.1% | 214,080 | $7.0M |
| Victory Capital Management Inc. | 0.00% | Reduce -59.2% | 210,789 | $6.9M |
| State of Wisconsin Investment Board | 0.02% | Reduce -12.4% | 205,271 | $6.7M |
| Vident Advisory, LLC | 0.06% | Reduce -17.3% | 205,055 | $6.7M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +3.8% | 204,514 | $6.7M |
| Susquehanna International Group, LLP | 0.01% | Add +650.2% | 196,519 | $6.4M |
| Kornitzer Capital Management Inc. | 0.12% | Reduce -41.2% | 180,358 | $5.9M |
| Verition Fund Management LLC | 0.03% | Reduce -39.4% | 161,020 | $5.3M |
| Ieq Capital, LLC | 0.02% | Reduce -29.3% | 160,981 | $5.3M |
| Meridiem Capital Partners LP | 0.32% | New | 154,638 | $5.1M |
| Nicholas Company, Inc. | 0.09% | Reduce -4.4% | 154,615 | $5.1M |
| Marshall Wace, LLP | 0.00% | Add +622.3% | 154,364 | $5.1M |
| California Public Employees Retirement System | 0.00% | Reduce -55.1% | 147,256 | $4.8M |
| Public Sector Pension Investment Board | 0.02% | New | 146,902 | $4.8M |
| Rhumbline Advisers | 0.00% | Reduce -16.3% | 146,224 | $4.8M |
| SG Americas Securities, LLC | 0.01% | Add +492.1% | 145,014 | $4.8M |
| Sei Investments Co. | 0.00% | Reduce -60.7% | 144,831 | $4.8M |
| Harber Asset Management LLC | 1.92% | New | 139,385 | $4.6M |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd | 0.29% | Add +49.5% | 128,465 | $4.2M |
| Raiffeisen Bank International AG | 0.05% | No change | 120,000 | $4.0M |
| Invesco Ltd. | 0.00% | Add +14.8% | 119,313 | $3.9M |
| EFG International AG | 0.08% | — | 119,175 | $3.9M |
| Alliancebernstein L.P. | 0.00% | Reduce -11.6% | 118,427 | $3.9M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Reduce -54.0% | 112,674 | $3.7M |
"% of holder's portfolio" is VRNS's weight in each manager's 13F, not the share of Varonis Systems Inc. the manager owns.