Varonis Systems Inc: which funds bought and sold
Institutions that bought and sold Varonis Systems shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 213 institutions that filed 13F reports for both quarters added to or opened positions in Varonis Systems, and 130 cut or closed them. Together they added a net 3.4M shares, +3.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 3.0M shares (+11.4%); index fund managers were net buyers of 1.8M shares (+5.5%). 88 opened a new position and 41 sold out entirely.
Bought, Q2 2026 213 institutions, 88 of them new holders Sold, Q2 2026 130 institutions, 41 of them sold out
Net change, all compared +3.4M shares (+3.2%)
Net change, active managers +3.0M shares (+11.4%), 34 bought, 19 sold
Buyers versus sellers
213 bought 37 130 sold
Active managers and hedge funds 34 bought · 19 sold · +3.0M
Index fund managers 8 bought · 3 sold · +1.8M
Other institutions 171 bought · 108 sold · −1.4M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Cadian Capital Management, LP Hedge fund | +1.6M New position | 1.6M | $66.5M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +1.5M +109.3% | 2.9M | $124M |
| Blackrock, Inc. Index funds | +1.5M +13.1% | 12.8M | $537M |
| Voya Investment Management LLC | +1.3M +54.1% | 3.7M | $156M |
| Franklin Resources Inc Active manager | +1.2M +3819.0% | 1.2M | $52.2M |
| Nuveen, LLC | +1.2M +386.5% | 1.5M | $61.7M |
| Neuberger Berman Group LLC Active manager | +946K +43.7% | 3.1M | $130M |
| Millennium Management LLC Hedge fund | +775K New position | 775K | $32.5M |
| Jacobs Levy Equity Management, Inc Active manager | +749K +29.0% | 3.3M | $140M |
| Wellington Management Group LLP Active manager | +732K New position | 732K | $30.7M |
| Acadian Asset Management LLC Active manager | +590K +2963.0% | 610K | $25.6M |
| Balyasny Asset Management L.P. Hedge fund | +505K +1794.6% | 534K | $22.4M |
| AQR Capital Management LLC Hedge fund | +464K +41.8% | 1.6M | $66.1M |
| First Trust Advisors LP | +395K +14.1% | 3.2M | $134M |
| Royce & Associates LP Active manager | +384K New position | 384K | $16.1M |
| Thames Capital Management LLC | +381K New position | 381K | $16M |
| Jpmorgan Chase & Co | +305K +21.4% | 1.7M | $70M |
| HRT Financial LP | +297K +162.4% | 480K | $20.1M |
| Connor, Clark & Lunn Investment Management Ltd. | +291K +105.9% | 565K | $23.7M |
| Oribel Capital Management, LP | +279K +168.7% | 444K | $18.6M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Cadian Capital Management, LP Hedge fund | +1.6M New position | 1.6M | $66.5M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +1.5M +109.3% | 2.9M | $124M |
| Franklin Resources Inc Active manager | +1.2M +3819.0% | 1.2M | $52.2M |
| Neuberger Berman Group LLC Active manager | +946K +43.7% | 3.1M | $130M |
| Millennium Management LLC Hedge fund | +775K New position | 775K | $32.5M |
| Jacobs Levy Equity Management, Inc Active manager | +749K +29.0% | 3.3M | $140M |
| Wellington Management Group LLP Active manager | +732K New position | 732K | $30.7M |
| Acadian Asset Management LLC Active manager | +590K +2963.0% | 610K | $25.6M |
| Balyasny Asset Management L.P. Hedge fund | +505K +1794.6% | 534K | $22.4M |
| AQR Capital Management LLC Hedge fund | +464K +41.8% | 1.6M | $66.1M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Pictet Asset Management Holding SA | −3.1M −99.5% | 17K | $710,844 |
| Alyeska Investment Group, L.P. Hedge fund | −2.3M −88.5% | 301K | $12.6M |
| Citadel Advisors LLC Hedge fund | −1.5M −76.9% | 464K | $19.5M |
| BAMCO Inc Active manager | −1.2M Sold out | 0 | — |
| Two Sigma Investments, LP Hedge fund | −1.0M −47.4% | 1.1M | $47.4M |
| Point72 Asset Management, L.P. Hedge fund | −656K Sold out | 0 | — |
| Jane Street Group, LLC | −611K −81.8% | 136K | $5.7M |
| Phoenix Financial Ltd. | −558K Sold out | 0 | — |
| Penserra Capital Management LLC | −371K −12.8% | 2.5M | $106M |
| Trexquant Investment LP Hedge fund | −344K Sold out | 0 | — |
| Canada Pension Plan Investment Board | −333K −96.1% | 13K | $562,264 |
| Goldman Sachs Group Inc | −311K −14.1% | 1.9M | $79.3M |
| Morgan Stanley | −280K −24.4% | 866K | $36.3M |
| Raymond James Financial Inc | −275K −71.5% | 110K | $4.6M |
| Renaissance Technologies LLC Hedge fund | −267K −69.4% | 118K | $4.9M |
| Susquehanna International Group, LLP | −264K −84.2% | 49K | $2.1M |
| Y-Intercept (Hong Kong) Ltd | −253K −89.5% | 30K | $1.2M |
| SG Americas Securities, LLC | −218K −66.3% | 111K | $4.6M |
| Public Sector Pension Investment Board | −201K −50.0% | 201K | $8.4M |
| Senvest Management, LLC | −178K −12.3% | 1.3M | $53.3M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Alyeska Investment Group, L.P. Hedge fund | −2.3M −88.5% | 301K | $12.6M |
| Citadel Advisors LLC Hedge fund | −1.5M −76.9% | 464K | $19.5M |
| BAMCO Inc Active manager | −1.2M Sold out | 0 | — |
| Two Sigma Investments, LP Hedge fund | −1.0M −47.4% | 1.1M | $47.4M |
| Point72 Asset Management, L.P. Hedge fund | −656K Sold out | 0 | — |
| Trexquant Investment LP Hedge fund | −344K Sold out | 0 | — |
| Renaissance Technologies LLC Hedge fund | −267K −69.4% | 118K | $4.9M |
| Cinctive Capital Management LP Hedge fund | −170K Sold out | 0 | — |
| D. E. Shaw & Co., Inc. Hedge fund | −163K −85.2% | 28K | $1.2M |
| Centerbook Partners LP Hedge fund | −148K Sold out | 0 | — |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Cadian Capital Management, LPHedge fund | 1.6M | $66.5M |
| Millennium Management LLCHedge fund | 775K | $32.5M |
| Wellington Management Group LLPActive manager | 732K | $30.7M |
| Royce & Associates LPActive manager | 384K | $16.1M |
| Thames Capital Management LLC | 381K | $16M |
| Erste Asset Management Gmbh | 190K | $7.7M |
| Mirova | 150K | $6.3M |
| Algert Global LLCHedge fund | 138K | $5.8M |
| Pinebridge Investments LLC | 131K | $5.5M |
| Healthcare Of Ontario Pension Plan Trust Fund | 125K | $5.2M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| BAMCO IncActive manager | 1.2M | $26.6M |
| Point72 Asset Management, L.P.Hedge fund | 656K | $14.1M |
| Phoenix Financial Ltd. | 558K | $12M |
| Trexquant Investment LPHedge fund | 344K | $7.4M |
| Cinctive Capital Management LPHedge fund | 170K | $3.6M |
| AGF Management Ltd | 155K | $3.3M |
| Centerbook Partners LPHedge fund | 148K | $3.2M |
| Harvey Partners, LLC | 140K | $3M |
| Xtx Topco Ltd | 95K | $2M |
| Occudo Quantitative Strategies LP | 59K | $1.6M |
Who holds the shares
- Institutions reporting
- 348
- Ten largest holders
- 43.5% of 13F-reported shares
- Index fund managers
- 31.0% of 13F-reported shares
- Active managers and hedge funds
- 26.3% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 34 | 19 | 12 | 7 | +3.0M | +11.4% |
| Index fund managers | 8 | 3 | 0 | 0 | +1.8M | +5.5% |
| Other institutions | 171 | 108 | 76 | 34 | −1.4M | −2.8% |