Varonis Systems
VRNS
254 hedge funds and large institutions have $2.72B invested in Varonis Systems in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 100 increasing their positions, 91 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
39% more call options, than puts
Call options by funds: $2.62M | Put options by funds: $1.88M
10% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 91
3% more capital invested
Capital invested by funds: $2.65B → $2.72B (+$72.3M)
1.63% less ownership
Funds ownership: 94.61% → 92.97% (-1.6%)
8% less funds holding
Funds holding: 275 → 254 (-21)
50% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RGM Capital
Naples,
Florida
|
+$26.9M |
| 2 |
BlackRock
New York
|
+$19.9M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$17.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.3M |
| 5 |
ER
EVR Research
Richmond,
Virginia
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$41.9M |
| 2 |
Millennium Management
New York
|
-$41.3M |
| 3 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$18.7M |
| 4 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$15M |
VRNS Hedge Fund Activity: Q2 2023 in Review
254 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Varonis Systems (VRNS) for Q2 2023, worth a combined $2.72B — up 2.7% from $2.65B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of VRNS and 18 opened new positions — a net loss of 18 holders — while 91 trimmed existing stakes and 100 added.
The largest buyer was RGM Capital, adding an estimated $26.9M. The largest seller was William Blair Investment Management, cutting an estimated $41.9M.
- 254 institutional investors held Varonis Systems (VRNS) as of Q2 2023, down from 275 in Q1 2023.
- Funds reported $2.72B of Varonis Systems stock for Q2 2023, up 2.7% quarter-over-quarter.
- 18 funds opened new Varonis Systems positions in Q2 2023 and 36 closed out, a net change of -18 holders.
- The largest Varonis Systems buyer in Q2 2023 was RGM Capital, an estimated $26.9M added.
- The largest Varonis Systems seller in Q2 2023 was William Blair Investment Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2023.