Varonis Systems Inc (VRNS) 13F Positioning & Ownership Changes (Q2 2026)

VRNS ranks #1773 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

VRNS is a top-conviction position for Cadian Capital Management, LP — at 5.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in VRNS belongs to BlackRock, Inc., but the position matters far more to Cadian Capital Management, LP, who has 5.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Wealth Enhancement Advisory Services, LLC has added to its VRNS position for two straight quarters, increasing it by $1.6M to reach $2.2M today.

VRNS is up 0.6% today, and institutions have been net buyers of $592.2M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

VRNS reported a net loss of $141.4M over the trailing twelve months.

• Not yet profitable — net loss of $141.4M over the trailing twelve months
• Revenue grew 26.5% year over year
• Net income declined year over year, from -$102.9M to -$141.4M
• Generated $147.4M in positive operating cash flow
• Current ratio of 1.97x — enough short-term assets to cover short-term liabilities
• Liabilities run x equity — a highly leveraged balance sheet worth noting