Ownership history in Pier Capital, LLC Β· 11 quarters on record
This page tracks every 13F SEC filing in which Pier Capital, LLC reported a position in Varonis Systems Inc (VRNS). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π Pier Capital, LLC outperformed the S&P 500 by +45.3% annually on this VRNS position. Timing score: 30% (3/10 decisions correct). Average cost basis: $19.86. Maximum drawdown during holding period: β28.4%.
π₯ Exceptional β beat the S&P 500 by 45.3% per year on this position.
10 quarters analyzed
β οΈ Poor timing β buys often preceded drops, trims preceded rallies.
3 of 10 add/trim decisions correct
Best entry: $9.67 (2014 Q2) Β· Worst: $56.50 (2024 Q3)
πͺ Held through 2 major drawdowns (>20%).
6 adds Β· 5 trims. Bought during 2 of 3 down-price quarters. π More buys than sells across the holding period.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.53% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.
As of 2025 Q4 β sorted by position size