Vault-13

CYBERARK SOFTWARE LTD CYBR

SHS · Common Stock · CUSIP M2682V108

466 institutional holders +64 vs Q3 2023
40,693,28840.7m shares reported held*
$8.9bnreported value*
81 new 153 added 165 reduced 28 sold out net bought ≈ $410.4m (+1.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($21.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $219.03. Options: 22 managers hold calls ($163.2m notional), 19 hold puts ($127.8m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 366Q4 22: 391Q1 23: 378Q2 23: 372Q3 23: 402Q4 23: 466466Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022366
Q4 2022391
Q1 2023378
Q2 2023372
Q3 2023402
Q4 2023466

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 180 bought or addedQ4 22: 174 cut or sold outQ4 22Q1 23: 162 bought or addedQ1 23: 186 cut or sold outQ1 23Q2 23: 171 bought or addedQ2 23: 186 cut or sold outQ2 23Q3 23: 211 bought or addedQ3 23: 151 cut or sold outQ3 23Q4 23: 234 bought or addedQ4 23: 193 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022180174
Q1 2023162186
Q2 2023171186
Q3 2023211151
Q4 2023234193

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150m$200mQ1 23 calls: $63.0mQ1 23 puts: $39.1mQ1 23P/C 0.62Q2 23 calls: $76.2mQ2 23 puts: $65.4mQ2 23P/C 0.86Q3 23 calls: $103.8mQ3 23 puts: $87.4mQ3 23P/C 0.84Q4 23 calls: $163.2mQ4 23 puts: $127.8mQ4 23P/C 0.78
Numbers
QuarterCallsPutsP/C
Q1 2023$63.0m$39.1m0.62
Q2 2023$76.2m$65.4m0.86
Q3 2023$103.8m$87.4m0.84
Q4 2023$163.2m$127.8m0.78

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +708,716+708.7k
JENNISON ASSOCIATES LLC Added +472,961+473.0k
MORGAN STANLEY Added +424,009+424.0k
Alyeska Investment Group, L.P. Added +340,706+340.7k
WELLINGTON MANAGEMENT GROUP LLP Added +339,572+339.6k
Avala Global LP New +326,447+326.4k
JPMORGAN CHASE & CO Added +314,961+315.0k
Contour Asset Management LLC New +221,888+221.9k
Point72 Asset Management, L.P. Added +190,350+190.3k
AMERICAN CENTURY COMPANIES INC Added +189,429+189.4k

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Reduced -766,551-766.6k
FRANKLIN RESOURCES INC Reduced -364,325-364.3k
WASATCH ADVISORS LP Reduced -315,252-315.3k
Pictet Asset Management Holding SA Reduced -247,900-247.9k
Whale Rock Capital Management LLC Reduced -144,219-144.2k
RGM Capital, LLC Reduced -124,818-124.8k
FIRST TRUST ADVISORS LP Reduced -110,866-110.9k
BARCLAYS PLC Reduced -105,693-105.7k
Polar Capital Holdings Plc Reduced -105,100-105.1k
Aberdeen Group plc Reduced -99,457-99.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $37.2m169.8k shares
CITADEL ADVISORS LLC Reduced $26.1m119.1k shares
D. E. Shaw & Co., Inc. Unchanged $21.8m99.5k shares
Hodges Capital Management Inc. Added $12.8m1.6k shares
Squarepoint Ops LLC Added $9.2m42.1k shares
SG Americas Securities, LLC Unchanged $7.3m100.0k shares
Walleye Capital LLC Reduced $5.8m26.5k shares
JANE STREET GROUP, LLC Added $5.8m26.3k shares
BNP PARIBAS FINANCIAL MARKETS Unchanged $5.5m250 shares
WOLVERINE TRADING, LLC Added $5.3m24.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $20.6m94.2k shares
Walleye Capital LLC Reduced $20.0m91.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $18.5m84.3k shares
Squarepoint Ops LLC Added $11.8m53.8k shares
PEAK6 Investments LLC Added $11.2m51.3k shares
D. E. Shaw & Co., Inc. Added $8.2m37.5k shares
SIMPLEX TRADING, LLC Added $8.1m36.9k shares
JANE STREET GROUP, LLC Reduced $7.1m32.3k shares
GTS SECURITIES LLC Reduced $6.2m28.5k shares
Walleye Trading LLC Added $6.0m27.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Pentwater Capital Management LP (0.0%, 2026-05-15)

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 1,914,6181.9m $419.4m $419.4m 0.01% Reduced -38.6k -38,629
2 WASATCH ADVISORS LP 2.22% of their portfolio SALT LAKE CITY, UT 1,841,9291.8m $403.5m $403.5m 2.22% Reduced -315.3k -315,252
3 WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio Boston, MA 1,297,1991.3m $284.2m $284.2m 0.05% Added +339.6k +339,572
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,170,5361.2m $256.4m $256.4m 0.01% Added +424.0k +424,009
5 Pictet Asset Management Holding SA 0.27% of their portfolio CAROUGE, V8 1,135,3371.1m $248.7m $248.7m 0.27% Reduced -247.9k -247,900
6 JENNISON ASSOCIATES LLC 0.17% of their portfolio NEW YORK, NY 1,053,9641.1m $230.9m $230.9m 0.17% Added +473.0k +472,961
7 RGM Capital, LLC 9.06% of their portfolio NAPLES, FL 1,009,7101.0m $221.2m $221.2m 9.06% Reduced -124.8k -124,818
8 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 979,985980.0k $214.7m $214.7m 0.05% Reduced -4.7k -4,709
9 VOYA INVESTMENT MANAGEMENT LLC 0.22% of their portfolio ATLANTA, GA 976,281976.3k $213.9m $213.9m 0.22% Added +167.8k +167,800
10 BROWN CAPITAL MANAGEMENT LLC 3.02% of their portfolio BALTIMORE, MD 917,366917.4k $200.9m $200.9m 3.02% Reduced -86.2k -86,191
11 FIRST TRUST ADVISORS LP 0.22% of their portfolio Wheaton, IL 916,367916.4k $200.7m $200.7m 0.22% Reduced -110.9k -110,866
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 894,100894.1k $195.9m $195.9m 0.01% Added +315.0k +314,961
13 AMERICAN CAPITAL MANAGEMENT INC 6.32% of their portfolio NEW YORK, NY 843,670843.7k $184.8m $184.8m 6.32% Reduced -6.3k -6,345
14 Legal & General Group Plc 0.06% of their portfolio London, X0 812,243812.2k $177.9m $177.9m 0.06% Reduced -186 -186
15 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 775,260775.3k $169.8m $169.8m 0.01% Added +12.0k +12,045
16 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio BOSTON, MA 754,892754.9k $165.4m $165.4m 0.17% Added +708.7k +708,716
17 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 734,841734.8k $161.0m $161.0m 0.04% Added +7.0k +7,050
18 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.43% of their portfolio Paris, I0 703,442703.4k $154.1m $154.1m 0.43% Reduced -57.5k -57,485
19 CITADEL ADVISORS LLC 0.15% of their portfolio MIAMI, FL 687,023687.0k $150.5m $150.5m 0.15% Added +80.7k +80,693
20 Greenvale Capital LLP 12.59% of their portfolio LONDON, X0 675,000675.0k $147.9m $147.9m 12.59% Reduced -58.1k -58,084
21 LORD, ABBETT & CO. LLC 0.26% of their portfolio JERSEY CITY, NJ 667,064667.1k $146.1m $146.1m 0.26% Added +128.3k +128,332
22 Artisan Partners Limited Partnership 0.22% of their portfolio Milwaukee, WI 639,224639.2k $140.0m $140.0m 0.22% Reduced -48.4k -48,375
23 TimesSquare Capital Management, LLC 1.78% of their portfolio NEW YORK, NY 552,529552.5k $121.0m $121.0m 1.78% Reduced -1.4k -1,440
24 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 507,125507.1k $111.1m $111.1m 0.05% Reduced -364.3k -364,325
25 Polar Capital Holdings Plc 0.66% of their portfolio London, X0 489,709489.7k $107.3m $107.3m 0.66% Reduced -105.1k -105,100
26 GW&K Investment Management, LLC 0.98% of their portfolio BOSTON, MA 479,487479.5k $105.0m $105.0m 0.98% Reduced -14.5k -14,538
27 Swedbank AB 0.17% of their portfolio STOCKHOLM, V7 473,800473.8k $103.8m $103.8m 0.17% Added +48.9k +48,900
28 NORGES BANK 0.02% of their portfolio OSLO, Q8 460,156460.2k $100.8m $100.8m 0.02% Added +29.4k +29,399
29 Stephens Investment Management Group LLC 1.47% of their portfolio LITTLE ROCK, AR 457,710457.7k $100.3m $100.3m 1.47% Reduced -10.5k -10,523
30 AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio KANSAS CITY, MO 424,559424.6k $93.0m $93.0m 0.06% Added +189.4k +189,429
31 AXA S.A. 0.15% of their portfolio PARIS, I0 422,026422.0k $92.4m $92.4m 0.15% Added +54.9k +54,853
32 MACQUARIE GROUP LTD 0.10% of their portfolio Sydney, NSW 2000, C3 394,826394.8k $86.5m $86.5m 0.10% Reduced -3.6k -3,577
33 CREDIT SUISSE AG/ 0.08% of their portfolio ZURICH, V8 387,934387.9k $85.0m $85.0m 0.08% Reduced -40.7k -40,737
34 Whale Rock Capital Management LLC 1.48% of their portfolio Boston, MA 378,027378.0k $82.8m $82.8m 1.48% Reduced -144.2k -144,219
35 Alyeska Investment Group, L.P. 0.54% of their portfolio CHICAGO, IL 365,369365.4k $80.0m $80.0m 0.54% Added +340.7k +340,706
36 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 345,333345.3k $75.6m $75.6m 0.04% Reduced -105.7k -105,693
37 NOMURA HOLDINGS INC 0.68% of their portfolio TOKYO, M0 345,099345.1k $75.6m $75.6m 0.68% Reduced -19.8k -19,776
38 Driehaus Capital Management LLC 0.88% of their portfolio Chicago, IL 334,942334.9k $73.4m $73.4m 0.88% Added +67.6k +67,570
39 Avala Global LP 5.52% of their portfolio NEW YORK, NY 326,447326.4k $71.5m $71.5m 5.52% New
40 Praesidium Investment Management Company, LLC 8.82% of their portfolio New York, NY 326,428326.4k $71.5m $71.5m 8.82% Reduced -38.1k -38,066
41 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 324,760324.8k $70.9m $70.9m 0.01% Added +11.7k +11,650
42 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 318,689318.7k $69.8m $69.8m 0.09% Reduced -9.2k -9,177
43 ACADIAN ASSET MANAGEMENT LLC 0.25% of their portfolio Boston, MA 293,263293.3k $64.2m $64.2m 0.25% Reduced -2.6k -2,630
44 BAMCO INC /NY/ 0.15% of their portfolio NEW YORK, NY 256,431256.4k $56.2m $56.2m 0.15% Added +12.1k +12,140
45 FMR LLC 0.00% of their portfolio BOSTON, MA 256,120256.1k $56.1m $56.1m 0.00% Added +67.8k +67,831
46 Point72 Asset Management, L.P. 0.17% of their portfolio STAMFORD, CT 250,650250.7k $54.9m $54.9m 0.17% Added +190.3k +190,350
47 Contour Asset Management LLC 2.01% of their portfolio NEW YORK, NY 221,888221.9k $48.6m $48.6m 2.01% New
48 LOOMIS SAYLES & CO L P 0.07% of their portfolio BOSTON, MA 220,408220.4k $48.3m $48.3m 0.07% Added +14.5k +14,544
49 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 214,854214.9k $47.1m $47.1m 0.01% Added +18.4k +18,360
50 Aberdeen Group plc 0.10% of their portfolio EDINBURGH, X0 210,342210.3k $46.1m $46.1m 0.10% Reduced -99.5k -99,457
51 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 209,201209.2k $45.8m $45.8m 0.02% Reduced -24.1k -24,111
52 JARISLOWSKY, FRASER Ltd 0.26% of their portfolio MONTREAL, A8 204,291204.3k $44.7m $44.7m 0.26% Reduced -48.0k -47,994
53 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 193,426193.4k $42.4m $42.4m 0.04% Added +64.8k +64,764
54 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 185,020185.0k $40.5m $40.5m 0.04% Added +2.7k +2,726
55 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 173,649173.6k $38.0m $38.0m 0.06% Reduced -96.7k -96,664
56 Mirae Asset Global Investments Co., Ltd. 0.08% of their portfolio SEOUL, M5 170,129170.1k $37.3m $37.3m 0.08% Reduced -37.3k -37,328
57 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 168,762168.8k $37.0m $37.0m 0.02% Reduced -36.3k -36,252
58 Connor, Clark & Lunn Investment Management Ltd. 0.17% of their portfolio VANCOUVER, A1 162,947162.9k $35.7m $35.7m 0.17% Reduced -10.0k -9,981
59 NICHOLAS COMPANY, INC. 0.60% of their portfolio MILWAUKEE, WI 154,335154.3k $33.8m $33.8m 0.60% Added +6.1k +6,145
60 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 149,510149.5k $32.8m $32.8m 0.01% Reduced -50.5k -50,509
61 Handelsbanken Fonder AB 0.16% of their portfolio STOCKHOLM, V7 146,285146.3k $32.0m $32.0m 0.16% Reduced -17.3k -17,322
62 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 144,333144.3k $31.6m $31.6m 0.00% Added +14.3k +14,331
63 BAILLIE GIFFORD & CO 0.02% of their portfolio EDINBURGH, X0 143,515143.5k $31.4m $31.4m 0.02% Reduced -65.7k -65,749
64 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 138,007138.0k $30.2m $30.2m 0.01% Reduced -15.2k -15,237
65 Hood River Capital Management LLC 0.81% of their portfolio PALM BEACH GARDENS, FL 133,731133.7k $29.3m $29.3m 0.81% Added +18.7k +18,715
66 Trivest Advisors Ltd 1.31% of their portfolio Hong Kong, K3 131,755131.8k $28.9m $28.9m 1.31% New
67 Swiss National Bank 0.02% of their portfolio ZURICH, V8 130,600130.6k $28.6m $28.6m 0.02% Reduced -4.5k -4,500
68 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 120,489120.5k $26.4m $26.4m 0.04% Added +83.0k +82,978
69 Thematics Asset Management 1.15% of their portfolio PARIS, I0 119,000119.0k $26.1m $26.1m 1.15% Added +3.0k +3,000
70 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 113,957114.0k $25.0m $25.0m 0.02% Reduced -4.2k -4,220
71 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 113,219113.2k $24.8m $24.8m 0.01% Added +23.3k +23,301
72 KENNEDY CAPITAL MANAGEMENT LLC 0.53% of their portfolio ST LOUIS, MO 111,043111.0k $24.3m $24.3m 0.53% Reduced -2.7k -2,680
73 ExodusPoint Capital Management, LP 0.28% of their portfolio NEW YORK, NY 101,411101.4k $22.2m $22.2m 0.28% New
74 NZS Capital, LLC 1.14% of their portfolio DENVER, CO 99,11299.1k $21.7m $21.7m 1.14% Reduced -41.5k -41,514
75 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 98,99799.0k $21.7m $21.7m 0.01% Added +7.5k +7,454
76 TCW GROUP INC 0.24% of their portfolio LOS ANGELES, CA 98,16698.2k $21.5m $21.5m 0.24% Added +3.0k +3,000
77 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 97,99598.0k $21.5m $21.5m 0.03% Reduced -67.7k -67,688
78 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 97,85597.9k $21.4m $21.4m 0.06% New
79 ASHFORD CAPITAL MANAGEMENT INC 2.86% of their portfolio WILMINGTON, DE 97,41097.4k $21.3m $21.3m 2.86% Added +52.5k +52,490
80 Stony Point Capital LLC 6.73% of their portfolio NEW YORK, NY 93,02693.0k $20.4m $20.4m 6.73% Reduced -4.8k -4,824
81 PICTON MAHONEY ASSET MANAGEMENT 0.92% of their portfolio Toronto, A6 90,44190.4k $19.8m $19.8m 0.92% Added +2.5k +2,547
82 Aperture Investors, LLC 3.49% of their portfolio New York, NY 90,40990.4k $19.8m $19.8m 3.49% Added +8.7k +8,690
83 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 89,76089.8k $19.7m $19.7m 0.02% Reduced -10.6k -10,577
84 Noked Israel Ltd 5.11% of their portfolio Ramat Hasharon, L3 88,34688.3k $19.4m $19.4m 5.11% New
85 Migdal Insurance & Financial Holdings Ltd. 0.39% of their portfolio Petach Tikva, L3 88,00088.0k $19.3m $19.3m 0.39% Reduced -6.0k -6,000
86 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 86,70986.7k $19.0m $19.0m 0.00% Added +523 +523
87 VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.45% of their portfolio San Francisco, CA 84,22584.2k $18.4m $18.4m 0.45% Added +2 +2
88 Robeco Institutional Asset Management B.V. 0.04% of their portfolio ROTTERDAM, P7 82,38982.4k $18.0m $18.0m 0.04% Added +22.4k +22,366
89 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 82,12482.1k $18.0m $18.0m 0.01% Reduced -181 -181
90 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 81,66981.7k $17.9m $17.9m 0.02% Reduced -766.6k -766,551
91 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 77,39977.4k $17.0m $17.0m 0.03% Added +16.8k +16,792
92 State of New Jersey Common Pension Fund D 0.06% of their portfolio TRENTON, NJ 74,90274.9k $16.4m $16.4m 0.06% Added +1.2k +1,190
93 NATIXIS ADVISORS, LLC 0.04% of their portfolio Boston, MA 74,75074.8k $16.4m $16.4m 0.04% Added +5.0k +4,953
94 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 71,28571.3k $15.6m $15.6m 0.01% Reduced -3.4k -3,366
95 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 68,76868.8k $15.1m $15.1m 0.00% Reduced -7.1k -7,075
96 TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio STAMFORD, CT 67,04767.0k $14.7m $14.7m 0.20% Added +47.8k +47,835
97 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 67,03467.0k $14.7m $14.7m 0.00% Added +3.5k +3,467
98 Nepsis Inc. 4.15% of their portfolio Minneapolis, MN 66,46166.5k $14.6m $14.6m 4.15% Reduced -3.2k -3,212
99 FEDERATED HERMES, INC. 0.04% of their portfolio PITTSBURGH, PA 65,98466.0k $14.5m $14.5m 0.04% Added +11.6k +11,583
100 Granahan Investment Management, LLC 0.47% of their portfolio WALTHAM, MA 64,42064.4k $14.1m $14.1m 0.47% Reduced -7.8k -7,813