Vault-13

CYBERARK SOFTWARE LTD CYBR

SHS · Common Stock · CUSIP M2682V108

661 institutional holders +46 vs Q4 2024
45,569,28245.6m shares reported held*
$15.4bnreported value*
91 new 254 added 223 reduced 49 sold out net bought ≈ $581.9m (+1.3m 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 ($30.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $339.01. Options: 24 managers hold calls ($202.3m notional), 17 hold puts ($76.0m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 366Q4 22: 391Q1 23: 378Q2 23: 372Q3 23: 402Q4 23: 466Q1 24: 541Q2 24: 549Q3 24: 562Q4 24: 615Q1 25: 661661Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022366
Q4 2022391
Q1 2023378
Q2 2023372
Q3 2023402
Q4 2023466
Q1 2024541
Q2 2024549
Q3 2024562
Q4 2024615
Q1 2025661

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 171 bought or addedQ2 23: 186 cut or sold outQ3 23: 211 bought or addedQ3 23: 151 cut or sold outQ3 23Q4 23: 234 bought or addedQ4 23: 193 cut or sold outQ1 24: 295 bought or addedQ1 24: 211 cut or sold outQ1 24Q2 24: 273 bought or addedQ2 24: 247 cut or sold outQ3 24: 266 bought or addedQ3 24: 259 cut or sold outQ3 24Q4 24: 313 bought or addedQ4 24: 239 cut or sold outQ1 25: 345 bought or addedQ1 25: 272 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023171186
Q3 2023211151
Q4 2023234193
Q1 2024295211
Q2 2024273247
Q3 2024266259
Q4 2024313239
Q1 2025345272

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ2 24 calls: $445.4mQ2 24 puts: $323.4mQ2 24P/C 0.73Q3 24 calls: $285.5mQ3 24 puts: $351.9mQ3 24P/C 1.23Q4 24 calls: $161.0mQ4 24 puts: $85.2mQ4 24P/C 0.53Q1 25 calls: $202.3mQ1 25 puts: $76.0mQ1 25P/C 0.38
Numbers
QuarterCallsPutsP/C
Q2 2024$445.4m$323.4m0.73
Q3 2024$285.5m$351.9m1.23
Q4 2024$161.0m$85.2m0.53
Q1 2025$202.3m$76.0m0.38

Biggest buyers

PRICE T ROWE ASSOCIATES INC /MD/ Added +921,523+921.5k
VOYA INVESTMENT MANAGEMENT LLC Added +895,212+895.2k
BlackRock, Inc. Added +572,667+572.7k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +335,634+335.6k
Amundi Added +331,498+331.5k
FMR LLC Added +287,878+287.9k
CONGRESS ASSET MANAGEMENT CO Added +250,441+250.4k
UBS Group AG Added +248,440+248.4k
CIBC Private Wealth Group LLC Added +219,469+219.5k
Polar Capital Holdings Plc Added +173,472+173.5k

Biggest sellers

Nepsis Inc. Reduced -517,510-517.5k
CITADEL ADVISORS LLC Reduced -470,682-470.7k
Whale Rock Capital Management LLC Sold out -452,351-452.4k
JENNISON ASSOCIATES LLC Reduced -311,717-311.7k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -276,078-276.1k
Anomaly Capital Management, LP Sold out -271,453-271.5k
ACADIAN ASSET MANAGEMENT LLC Reduced -259,499-259.5k
WASATCH ADVISORS LP Reduced -218,868-218.9k
WELLINGTON MANAGEMENT GROUP LLP Reduced -216,962-217.0k
Artisan Partners Limited Partnership Reduced -187,371-187.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $52.2m154.4k shares
CITADEL ADVISORS LLC Added $48.7m144.0k shares
GOLDMAN SACHS GROUP INC Added $21.2m62.6k shares
IMC-Chicago, LLC Added $13.9m41.1k shares
Walleye Trading LLC Added $11.3m33.3k shares
BANK OF AMERICA CORP /DE/ New $8.6m25.4k shares
JANE STREET GROUP, LLC Reduced $8.4m24.9k shares
PEAK6 LLC Reduced $6.6m19.5k shares
MILLENNIUM MANAGEMENT LLC Added $5.8m17.1k shares
Walleye Capital LLC Added $5.6m16.6k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $22.6m67.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $18.8m55.5k shares
IMC-Chicago, LLC Reduced $7.5m22.3k shares
Walleye Trading LLC Added $5.4m15.9k shares
D. E. Shaw & Co., Inc. Added $4.3m12.6k shares
Point72 Asset Management, L.P. Added $4.0m11.9k shares
JANE STREET GROUP, LLC Unchanged $3.6m10.6k shares
PEAK6 LLC Added $3.4m10.1k shares
Cubist Systematic Strategies, LLC New $2.8m8.3k shares
MILLENNIUM MANAGEMENT LLC New $878.8k2.6k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.03% of their portfolio New York, NY 3,860,2813.9m $1.3bn $1.3bn 0.03% Added +572.7k +572,667
2 VOYA INVESTMENT MANAGEMENT LLC 0.33% of their portfolio ATLANTA, GA 1,777,7961.8m $600.9m $600.9m 0.33% Added +895.2k +895,212
3 FMR LLC 0.03% of their portfolio BOSTON, MA 1,450,9581.5m $490.4m $490.4m 0.03% Added +287.9k +287,878
4 JENNISON ASSOCIATES LLC 0.31% of their portfolio NEW YORK, NY 1,292,0271.3m $436.7m $436.7m 0.31% Reduced -311.7k -311,717
5 THOMA BRAVO, L.P. 2.65% of their portfolio CHICAGO, IL 1,142,5381.1m $386.2m $386.2m 2.65% Unchanged
6 Invesco Ltd. 0.07% of their portfolio ATLANTA, GA 1,129,8941.1m $381.9m $381.9m 0.07% Added +122.4k +122,423
7 FIRST TRUST ADVISORS LP 0.31% of their portfolio Wheaton, IL 1,035,5271.0m $350.0m $350.0m 0.31% Added +95.8k +95,759
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 979,181979.2k $331.0m $331.0m 0.04% Added +921.5k +921,523
9 WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio Boston, MA 933,316933.3k $315.5m $315.5m 0.06% Reduced -217.0k -216,962
10 Pictet Asset Management Holding SA 0.30% of their portfolio CAROUGE, V8 808,883808.9k $273.4m $273.4m 0.30% Reduced -69.6k -69,552
11 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 806,596806.6k $272.6m $272.6m 0.01% Added +54.0k +53,993
12 LORD, ABBETT & CO. LLC 0.95% of their portfolio JERSEY CITY, NJ 790,661790.7k $267.2m $267.2m 0.95% Reduced -82.4k -82,398
13 Polar Capital Holdings Plc 1.60% of their portfolio London, X0 775,704775.7k $262.2m $262.2m 1.60% Added +173.5k +173,472
14 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio NEW YORK, NY 740,504740.5k $250.3m $250.3m 0.06% Added +335.6k +335,634
15 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 675,032675.0k $228.2m $228.2m 0.02% Added +106.4k +106,435
16 NORGES BANK 0.03% of their portfolio OSLO, Q8 648,521648.5k $219.2m $219.2m 0.03% Added +38.1k +38,060
17 BROWN CAPITAL MANAGEMENT LLC 6.07% of their portfolio BALTIMORE, MD 595,620595.6k $201.3m $201.3m 6.07% Reduced -33.4k -33,447
18 Legal & General Group Plc 0.05% of their portfolio London, X0 588,444588.4k $198.9m $198.9m 0.05% Added +2.8k +2,750
19 Amundi 0.07% of their portfolio Paris, I0 547,466547.5k $179.5m $179.5m 0.07% Added +331.5k +331,498
20 RGM Capital, LLC 7.34% of their portfolio NAPLES, FL 524,152524.2k $177.2m $177.2m 7.34% Reduced -101.7k -101,660
21 WASATCH ADVISORS LP 0.97% of their portfolio SALT LAKE CITY, UT 513,406513.4k $173.5m $173.5m 0.97% Reduced -218.9k -218,868
22 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 508,987509.0k $172.0m $172.0m 0.01% Added +50.1k +50,062
23 Allspring Global Investments Holdings, LLC 0.30% of their portfolio CHARLOTTE, NC 504,895504.9k $175.8m $175.8m 0.30% Reduced -3.5k -3,460
24 AMERICAN CAPITAL MANAGEMENT INC 6.86% of their portfolio NEW YORK, NY 498,771498.8k $168.6m $168.6m 6.86% Reduced -143.6k -143,638
25 TimesSquare Capital Management, LLC 2.49% of their portfolio NEW YORK, NY 457,199457.2k $154.5m $154.5m 2.49% Reduced -103.2k -103,154
26 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 448,496448.5k $151.6m $151.6m 0.01% Added +156.7k +156,668
27 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.39% of their portfolio Paris, I0 432,278432.3k $146.1m $146.1m 0.39% Reduced -12.0k -11,960
28 Driehaus Capital Management LLC 1.40% of their portfolio Chicago, IL 430,974431.0k $145.7m $145.7m 1.40% Reduced -47.1k -47,122
29 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 424,015424.0k $142.6m $142.6m 0.01% Added +32.0k +32,009
30 CITADEL ADVISORS LLC 0.13% of their portfolio MIAMI, FL 390,379390.4k $131.9m $131.9m 0.13% Reduced -470.7k -470,682
31 1832 Asset Management L.P. 0.25% of their portfolio TORONTO, A6 383,546383.5k $129.6m $129.6m 0.25% Reduced -55.8k -55,809
32 UBS Group AG 0.03% of their portfolio ZURICH, V8 381,080381.1k $128.8m $128.8m 0.03% Added +248.4k +248,440
33 Stephens Investment Management Group LLC 1.79% of their portfolio LITTLE ROCK, AR 366,619366.6k $123.9m $123.9m 1.79% Reduced -43.2k -43,186
34 MACQUARIE GROUP LTD 0.15% of their portfolio Sydney, NSW 2000, C3 366,125366.1k $123.8m $123.8m 0.15% Reduced -16.6k -16,594
35 Qube Research & Technologies Ltd 0.19% of their portfolio LONDON, X0 364,576364.6k $123.2m $123.2m 0.19% Added +34.5k +34,458
36 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 362,296362.3k $122.5m $122.5m 0.05% Added +3.7k +3,726
37 Greenvale Capital LLP 11.68% of their portfolio LONDON, X0 355,000355.0k $120.0m $120.0m 11.68% Reduced -97.4k -97,385
38 CONGRESS ASSET MANAGEMENT CO 0.84% of their portfolio BOSTON, MA 332,770332.8k $112.5m $112.5m 0.84% Added +250.4k +250,441
39 CIBC Private Wealth Group LLC 0.22% of their portfolio ATLANTA, GA 331,467331.5k $104.5m $104.5m 0.22% Added +219.5k +219,469
40 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 331,123331.1k $111.9m $111.9m 0.03% Reduced -79.8k -79,837
41 FEDERATED HERMES, INC. 0.23% of their portfolio PITTSBURGH, PA 318,753318.8k $107.7m $107.7m 0.23% Added +4.7k +4,722
42 GW&K Investment Management, LLC 0.98% of their portfolio BOSTON, MA 314,270314.3k $106.2m $106.2m 0.98% Reduced -137.4k -137,417
43 Avala Global LP 7.11% of their portfolio NEW YORK, NY 308,087308.1k $104.1m $104.1m 7.11% Added +1.1k +1,145
44 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 306,537306.5k $103.6m $103.6m 0.02% Reduced -48.8k -48,824
45 AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio KANSAS CITY, MO 280,128280.1k $94.7m $94.7m 0.06% Reduced -30.2k -30,231
46 CI INVESTMENTS INC. 0.39% of their portfolio TORONTO, Z4 273,757273.8k $92.5m $92.5m 0.39% Added +65.8k +65,779
47 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 260,022260.0k $87.9m $87.9m 0.03% Added +14.5k +14,530
48 Hood River Capital Management LLC 1.49% of their portfolio PALM BEACH GARDENS, FL 257,601257.6k $87.1m $87.1m 1.49% Added +4.6k +4,626
49 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 254,495254.5k $86.0m $86.0m 0.07% Added +77.3k +77,331
50 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio BOSTON, MA 250,991251.0k $84.8m $84.8m 0.07% Reduced -276.1k -276,078
51 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 241,925241.9k $81.8m $81.8m 0.02% Reduced -135.8k -135,835
52 BAMCO INC /NY/ 0.24% of their portfolio NEW YORK, NY 237,537237.5k $80.3m $80.3m 0.24% Reduced -25.1k -25,060
53 Cartenna Capital, LP 6.47% of their portfolio STAMFORD, CT 237,500237.5k $80.3m $80.3m 6.47% Added +16.1k +16,117
54 Penserra Capital Management LLC 1.42% of their portfolio ORINDA, CA 236,303236.3k $79.9m $79.9m 1.42% Added +34.9k +34,882
55 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 230,545230.5k $77.9m $77.9m 0.01% Added +10.6k +10,581
56 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 230,362230.4k $77.9m $77.9m 0.06% First filing
57 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 212,122212.1k $71.7m $71.7m 0.01% Added +6.1k +6,125
58 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 206,140206.1k $69.7m $69.7m 0.05% Added +1.4k +1,410
59 Clearbridge Investments, LLC 0.06% of their portfolio NEW YORK, NY 205,344205.3k $69.4m $69.4m 0.06% Reduced -35.5k -35,457
60 BLAIR WILLIAM & CO/IL 0.21% of their portfolio CHICAGO, IL 204,708204.7k $69.2m $69.2m 0.21% Added +37.5k +37,506
61 Clal Insurance Enterprises Holdings Ltd 0.68% of their portfolio Tel-aviv, L3 195,752195.8k $66.2m $66.2m 0.68% Added +52.5k +52,500
62 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 189,355189.4k $64.0m $64.0m 0.06% Reduced -36.9k -36,920
63 California Public Employees Retirement System 0.04% of their portfolio Sacramento, CA 185,504185.5k $62.7m $62.7m 0.04% Reduced -757 -757
64 Balyasny Asset Management L.P. 0.16% of their portfolio Chicago, IL 184,280184.3k $62.3m $62.3m 0.16% Added +32.6k +32,560
65 TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio NEW YORK, NY 175,182175.2k $59.2m $59.2m 0.13% Added +136.0k +136,038
66 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 169,194169.2k $56.7m $56.7m 0.03% Reduced -1.5k -1,516
67 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.12% of their portfolio CAUSEWAY BAY, K3 168,904168.9k $57.1m $57.1m 0.12% Added +9.1k +9,139
68 Handelsbanken Fonder AB 0.23% of their portfolio STOCKHOLM, V7 167,566167.6k $56.6m $56.6m 0.23% Reduced -8.2k -8,200
69 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 167,149167.1k $56.5m $56.5m 0.02% Added +21.9k +21,896
70 GROUPAMA ASSET MANAGMENT 1.12% of their portfolio PARIS, I0 167,145167.1k $56.1m $56.1m 1.12% Added +34.2k +34,249
71 TWO SIGMA ADVISERS, LP 0.12% of their portfolio NEW YORK, NY 153,400153.4k $51.8m $51.8m 0.12% Added +136.9k +136,900
72 SOROS FUND MANAGEMENT LLC 0.89% of their portfolio NEW YORK, NY 147,127147.1k $49.7m $49.7m 0.89% Added +6.8k +6,809
73 JARISLOWSKY, FRASER Ltd 0.30% of their portfolio MONTREAL, A8 142,749142.7k $48.2m $48.2m 0.30% Added +2.1k +2,096
74 Assenagon Asset Management S.A. 0.08% of their portfolio SENNINGERBERG, N4 135,328135.3k $45.7m $45.7m 0.08% Added +115.3k +115,260
75 LMR Partners LLP 0.91% of their portfolio LONDON, X0 134,605134.6k $45.5m $45.5m 0.91% Reduced -39.5k -39,500
76 Vident Advisory, LLC 0.66% of their portfolio Alpharetta, GA 133,296133.3k $45.1m $45.1m 0.66% Added +79.0k +79,030
77 Swiss National Bank 0.03% of their portfolio ZURICH, V8 130,900130.9k $44.2m $44.2m 0.03% Added +11.8k +11,800
78 SG Americas Securities, LLC 0.15% of their portfolio NEW YORK, NY 130,865130.9k $44.2m $44.2m 0.15% Reduced -36.9k -36,894
79 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 126,572126.6k $42.8m $42.8m 0.04% Added +45.5k +45,542
80 Point72 Asset Management, L.P. 0.12% of their portfolio STAMFORD, CT 126,526126.5k $42.8m $42.8m 0.12% Reduced -170.7k -170,660
81 Grandeur Peak Global Advisors, LLC 4.67% of their portfolio SALT LAKE CITY, UT 124,616124.6k $42.1m $42.1m 4.67% Reduced -6.8k -6,777
82 Spyglass Capital Management LLC 2.89% of their portfolio Greenbrae, CA 124,511124.5k $42.1m $42.1m 2.89% Added +8.3k +8,290
83 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 122,025122.0k $41.2m $41.2m 0.01% First filing
84 Praesidium Investment Management Company, LLC 7.58% of their portfolio New York, NY 119,937119.9k $40.5m $40.5m 7.58% Reduced -65.2k -65,199
85 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 119,055119.1k $40.2m $40.2m 0.05% Reduced -71.1k -71,075
86 BAILLIE GIFFORD & CO 0.04% of their portfolio EDINBURGH, X0 118,801118.8k $40.2m $40.2m 0.04% Reduced -4.5k -4,474
87 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 117,196117.2k $39.6m $39.6m 0.09% Added +17.2k +17,239
88 AXA S.A. 0.13% of their portfolio PARIS, I0 115,971116.0k $39.2m $39.2m 0.13% Reduced -29.2k -29,171
89 TCW GROUP INC 0.34% of their portfolio LOS ANGELES, CA 112,777112.8k $38.1m $38.1m 0.34% Reduced -84 -84
90 NICHOLAS COMPANY, INC. 0.66% of their portfolio MILWAUKEE, WI 112,015112.0k $37.9m $37.9m 0.66% Reduced -17.3k -17,270
91 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 109,896109.9k $37.1m $37.1m 0.01% Added +7.2k +7,237
92 Artisan Partners Limited Partnership 0.06% of their portfolio Milwaukee, WI 106,486106.5k $36.0m $36.0m 0.06% Reduced -187.4k -187,371
93 LOOMIS SAYLES & CO L P 0.05% of their portfolio BOSTON, MA 97,70997.7k $33.0m $33.0m 0.05% Reduced -46.6k -46,630
94 NOMURA ASSET MANAGEMENT CO LTD 0.10% of their portfolio TOKYO, M0 96,88096.9k $32.7m $32.7m 0.10% Added +84.7k +84,690
95 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 96,15396.2k $32.5m $32.5m 0.03% Reduced -11.7k -11,698
96 Woodline Partners LP 0.21% of their portfolio San Francisco, CA 95,45695.5k $32.3m $32.3m 0.21% New
97 CREDIT AGRICOLE S A 0.12% of their portfolio Montrouge Cedex, I0 94,68094.7k $32.0m $32.0m 0.12% Added +1.2k +1,242
98 STRS OHIO 0.13% of their portfolio COLUMBUS, OH 94,54894.5k $32.0m $32.0m 0.13% Reduced -14.4k -14,400
99 Walleye Capital LLC 0.35% of their portfolio NEW YORK, NY 93,81393.8k $31.7m $31.7m 0.35% Added +78.5k +78,491
100 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 93,73193.7k $31.7m $31.7m 0.04% Reduced -34.7k -34,675