Varonis Systems
VRNS
120 hedge funds and large institutions have $530M invested in Varonis Systems in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 28 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
71% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 28
58% more capital invested
Capital invested by funds: $336M → $530M (+$194M)
43.19% more ownership
Funds ownership: 140.81% → 184% (+43%)
3% more funds holding
Funds holding: 116 → 120 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Ion Asset Management
Herzliya,
Israel
|
+$30.6M |
| 2 |
BlackRock
New York
|
+$28.8M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$15.9M |
| 4 |
CCM
Cadian Capital Management
New York
|
+$14.9M |
| 5 |
KRC
Kingdom Ridge Capital
White Plains,
New York
|
+$8.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.7M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$8.16M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$4.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.17M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$2.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCG
126
Lisanti Capital Growth
New York
| – | -$681K | -76,215 | Closed |
|
|
UFF
127
USA Financial Formulas
Ada,
Michigan
| – | -$461K | -51,579 | Closed |
|
128
Goldman Sachs
New York
| – | -$397K | -44,409 | Closed |
|
|
AIMCA
129
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$397K | -44,400 | Closed |
|
130
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$363K | -40,665 | Closed |
|
|
HIP
131
Hatteras Investment Partners
Raleigh,
North Carolina
| – | -$359K | -40,227 | Closed |
|
132
American Century Companies
Kansas City,
Missouri
| – | -$335K | -37,539 | Closed |
|
133
UBS Group
Zurich,
Switzerland
| – | -$44K | -4,959 | Closed |
|
|
PCM
134
Prelude Capital Management
New York
| – | -$13K | -1,500 | Closed |
|
|
CG
135
Cutler Group
San Francisco,
California
| – | -$11.9K | -1,242 | Closed |
|
|
TRCT
136
Tower Research Capital (TRC)
New York
| – | -$4K | -489 | Closed |
|
VRNS Hedge Fund Activity: Q1 2017 in Review
120 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Varonis Systems (VRNS) for Q1 2017, worth a combined $530M — up 58% from $336M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new VRNS positions and 16 closed out — a net gain of 12 holders — while 48 added to existing stakes and 28 trimmed.
The largest buyer was Ion Asset Management, opening a new position worth an estimated $30.6M. The largest seller was Morgan Stanley, cutting an estimated $12.7M.
- 120 institutional investors held Varonis Systems (VRNS) as of Q1 2017, up from 116 in Q4 2016.
- Funds reported $530M of Varonis Systems stock for Q1 2017, up 58% quarter-over-quarter.
- 28 funds opened new Varonis Systems positions in Q1 2017 and 16 closed out, a net change of +12 holders.
- The largest Varonis Systems buyer in Q1 2017 was Ion Asset Management, an estimated $30.6M added.
- The largest Varonis Systems seller in Q1 2017 was Morgan Stanley, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2017.