Varonis Sys Inc (VRNS) Hedge Fund Ownership (Q2 2026)

Varonis Sys Inc (VRNS)

341 + Investors. Track Smart Money conviction in VRNS. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — VRNS

Based on 348 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added VRNS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (99% of max)

99% of all-time peak

348 hedge funds hold VRNS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q

+15 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 62% buying

231 buying141 selling

Last quarter: 231 funds were net buyers (100 opened a brand new position + 131 added to an existing one). Only 141 were sellers (89 trimmed + 52 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+44 vs last Q)

new funds entering per quarter

Funds opening a new VRNS position: 64 → 72 → 56 → 100. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 16% medium ■ 28% new

195 out of 348 hedge funds have held VRNS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +96% but shares only +5% — price-driven

Value

+96%

+5%

Last quarter: the total dollar value of institutional holdings rose +96%, but actual share count only changed +5%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

62 → 64 → 72 → 56 → 100 new funds/Q

New funds entering each quarter: 64 → 72 → 56 → 100. A growing number of institutions are discovering VRNS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 63% veterans vs 27% newcomers

■ 63% veterans ■ 10% 1-2yr ■ 27% new

Entry-cohort mix of 370 holders: 233 (63%) are 2+ year veterans, 36 entered 1–2 years ago, and 101 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds

58 of 345 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in VRNS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.6

out of 10

Low Exit Risk

Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	341	300	13.67%
13F Shares	115M	115M	0.52%
Total Value	$4.60B	$2.41B	90.44%
New Positions	98	56	+42
Increased Positions	122	133	-11
Closed Positions	54	76	-22
Reduced Positions	85	78	+7
Total Calls	14	10	40.0%
Total Puts	11	5	120.0%
PUT/CALL Ratio	0.79	0.5	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

341

300

13.67%

13F Shares

115M

0.52%

Total Value

$4.60B

$2.41B

90.44%

New Positions

+42

Increased Positions

122

133

-11

Closed Positions

-22

Reduced Positions

Total Calls

40.0%

Total Puts

120.0%

PUT/CALL Ratio

0.79

0.5

Neutral

Institutional Holders (2026 Q2)

341 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in VRNS. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 VRNS holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Kopion Asset Management, LLC	10.13%	382,088	$16.0M
2	Cadian Capital Management, LP	5.04%	1,585,693	$66.5M
3	Tremblant Capital Group	4.52%	3,749,840	$157.3M
4	American Capital Management Inc	4.22%	2,241,704	$94.1M
5	HERALD INVESTMENT MANAGEMENT Ltd	2.17%	380,834	$16.0M
6	Senvest Management, LLC	1.56%	1,270,877	$53.3M
7	Thames Capital Management LLC	1.32%	381,281	$16.0M
8	Stephens Investment Management Group LLC	0.97%	2,158,912	$90.6M
9	Emerald Advisers, LLC	0.83%	841,193	$35.3M
10	Emerald Mutual Fund Advisers Trust	0.82%	555,882	$23.3M
11	One68 Global Capital, LLC	0.73%	8,000	$336K
12	Intellectus Partners, LLC	0.71%	97,576	$4.1M
13	Oribel Capital Management, LP	0.57%	444,100	$18.6M
14	Oribel Capital Management, LP	0.57%	444,100	$18.6M
15	Jacobs Levy Equity Management, Inc	0.50%	3,331,623	$139.8M
16	Odyssean, LLC	0.45%	66,475	$2.8M
17	Washington Capital Management, Inc	0.41%	14,820	$622K
18	nVerses Capital, LLC	0.40%	6,263	$263K
19	IQ EQ FUND MANAGEMENT (IRELAND) Ltd	0.40%	148,542	$6.2M
20	Peregrine Capital Management LLC	0.38%	279,309	$11.7M
21	Mirova	0.23%	150,000	$6.3M
22	Concentric Capital Strategies, LP	0.23%	97,526	$4.1M
23	Neo Ivy Capital Management	0.19%	19,180	$805K
24	Bayforest Capital Ltd	0.17%	4,266	$179K
25	Nicholas Investment Partners, LP	0.16%	69,040	$2.9M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Varonis Sys Inc (VRNS)

What does the Smart Money Trend signal show for VRNS?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added VRNS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for VRNS?

More buyers than sellers — 62% buying: Last quarter: 231 funds were net buyers (100 opened a brand new position + 131 added to an existing one). Only 141 were sellers (89 trimmed + 52 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for VRNS holders?

Elite ownership — 54% AUM from top-100 funds: 58 of 345 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in VRNS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held VRNS?

56% of holders stayed for 2+ years: 195 out of 348 hedge funds have held VRNS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Varonis Sys Inc (VRNS)

Smart Money Signals — VRNS

Buying streak — 1 quarter in a row

At the ownership peak (99% of max)

Steady growth — +5% more funds vs a year ago

More buyers than sellers — 62% buying

More new buyers each quarter (+44 vs last Q)

56% of holders stayed for 2+ years

Value +96% but shares only +5% — price-driven

Growing discovery — still being found

Veteran-anchored — 63% veterans vs 27% newcomers

Elite ownership — 54% AUM from top-100 funds

Institutional Sentiment Summary — VRNS

Hedge Fund Ownership: VRNS

Market Analysis: VRNS

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: VRNS

Hedge Fund Positioning: VRNS

Statistics: VRNS

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Varonis Sys Inc (VRNS)

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