Varonis Systems
VRNS
275 hedge funds and large institutions have $2.65B invested in Varonis Systems in 2023 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 98 increasing their positions, 87 reducing their positions, and 24 closing their positions.
283% more call options, than puts
Call options by funds: $9.88M | Put options by funds: $2.58M
96% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 24
13% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 87
9% more capital invested
Capital invested by funds: $2.43B → $2.65B (+$215M)
8% more funds holding
Funds holding: 255 → 275 (+20)
2.48% more ownership
Funds ownership: 92.13% → 94.61% (+2.5%)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$30.7M |
| 2 |
Millennium Management
New York
|
+$23.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$14.4M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$13M |
| 5 |
D.E. Shaw & Co
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$42.8M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$37.9M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$33.4M |
| 4 |
BlackRock
New York
|
-$29.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$17.2M |
VRNS Hedge Fund Activity: Q1 2023 in Review
275 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Varonis Systems (VRNS) for Q1 2023, worth a combined $2.65B — up 8.8% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new VRNS positions and 24 closed out — a net gain of 23 holders — while 98 added to existing stakes and 87 trimmed.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $30.7M. The largest seller was Tremblant Capital Group, cutting an estimated $42.8M.
- 275 institutional investors held Varonis Systems (VRNS) as of Q1 2023, up from 255 in Q4 2022.
- Funds reported $2.65B of Varonis Systems stock for Q1 2023, up 8.8% quarter-over-quarter.
- 47 funds opened new Varonis Systems positions in Q1 2023 and 24 closed out, a net change of +23 holders.
- The largest Varonis Systems buyer in Q1 2023 was Scopia Capital Management, an estimated $30.7M added.
- The largest Varonis Systems seller in Q1 2023 was Tremblant Capital Group, an estimated $42.8M sold.
Based on aggregated 13F filings for Q1 2023.