Vault-13

CYBERARK SOFTWARE LTD CYBR

SHS · Common Stock · CUSIP M2682V108

745 institutional holders +84 vs Q1 2025
45,751,22445.8m shares reported held*
$18.6bnreported value*
138 new 269 added 233 reduced 52 sold out net sold ≈ $73.6m (-155.1k 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 ($36.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $405.73. Options: 28 managers hold calls ($660.6m notional), 22 hold puts ($133.2m).

Trends to Q2 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: 661Q2 25: 745745Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025745

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 211 bought or addedQ3 23: 151 cut or sold outQ4 23: 234 bought or addedQ4 23: 193 cut or sold outQ4 23Q1 24: 295 bought or addedQ1 24: 211 cut or sold outQ2 24: 273 bought or addedQ2 24: 247 cut or sold outQ2 24Q3 24: 266 bought or addedQ3 24: 259 cut or sold outQ4 24: 313 bought or addedQ4 24: 239 cut or sold outQ4 24Q1 25: 345 bought or addedQ1 25: 272 cut or sold outQ2 25: 407 bought or addedQ2 25: 285 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023211151
Q4 2023234193
Q1 2024295211
Q2 2024273247
Q3 2024266259
Q4 2024313239
Q1 2025345272
Q2 2025407285

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 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 0.38Q2 25 calls: $660.6mQ2 25 puts: $133.2mQ2 25P/C 0.20
Numbers
QuarterCallsPutsP/C
Q3 2024$285.5m$351.9m1.23
Q4 2024$161.0m$85.2m0.53
Q1 2025$202.3m$76.0m0.38
Q2 2025$660.6m$133.2m0.20

Biggest buyers

GROUPAMA ASSET MANAGMENT New +4,000,000+4.0m
FMR LLC Added +1,105,901+1.1m
PRICE T ROWE ASSOCIATES INC /MD/ Added +775,956+776.0k
NORGES BANK Added +444,216+444.2k
BlackRock, Inc. Added +172,936+172.9k
Clal Insurance Enterprises Holdings Ltd Added +167,000+167.0k
LAZARD ASSET MANAGEMENT LLC Added +155,294+155.3k
Anatole Investment Management Ltd New +142,733+142.7k
Fiera Capital Corp New +128,153+128.2k
NEUBERGER BERMAN GROUP LLC Added +124,535+124.5k

Biggest sellers

THOMA BRAVO, L.P. Sold out -1,142,538-1.1m
VOYA INVESTMENT MANAGEMENT LLC Reduced -888,493-888.5k
WASATCH ADVISORS LP Reduced -460,664-460.7k
Polar Capital Holdings Plc Reduced -352,278-352.3k
Amundi Reduced -306,958-307.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -206,893-206.9k
AMERICAN CENTURY COMPANIES INC Reduced -182,096-182.1k
Greenvale Capital LLP Reduced -170,000-170.0k
LORD, ABBETT & CO. LLC Reduced -167,638-167.6k
TWO SIGMA INVESTMENTS, LP Reduced -164,764-164.8k

Biggest calls

UBS Group AG Added $333.3m819.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $71.2m175.0k shares
CITADEL ADVISORS LLC Reduced $40.1m98.6k shares
JANE STREET GROUP, LLC Added $31.4m77.1k shares
Walleye Trading LLC Added $27.6m67.8k shares
GOLDMAN SACHS GROUP INC Added $27.5m67.7k shares
MAPLELANE CAPITAL, LLC New $26.4m65.0k shares
IMC-Chicago, LLC Added $24.4m59.9k shares
PEAK6 LLC Added $11.5m28.2k shares
SIMPLEX TRADING, LLC Added $10.5m25.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.5m89.6k shares
CITADEL ADVISORS LLC Reduced $20.5m50.3k shares
IMC-Chicago, LLC Added $11.5m28.3k shares
JANE STREET GROUP, LLC Added $8.8m21.7k shares
PEAK6 LLC Added $8.8m21.6k shares
Verition Fund Management LLC New $6.6m16.1k shares
D. E. Shaw & Co., Inc. Added $6.3m15.6k shares
Cubist Systematic Strategies, LLC Added $5.4m13.3k shares
UBS Group AG New $5.3m13.0k shares
WOLVERINE TRADING, LLC New $4.9m12.2k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.03% of their portfolio New York, NY 4,033,2174.0m $1.6bn $1.6bn 0.03% Added +172.9k +172,936
2 GROUPAMA ASSET MANAGMENT 0.07% of their portfolio PARIS, I0 4,000,0004.0m $4.1m $4.1m 0.07% New
3 FMR LLC 0.06% of their portfolio BOSTON, MA 2,556,8592.6m $1.0bn $1.0bn 0.06% Added +1.1m +1,105,901
4 PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio BALTIMORE, MD 1,755,1371.8m $714.1m $714.1m 0.08% Added +776.0k +775,956
5 JENNISON ASSOCIATES LLC 0.30% of their portfolio NEW YORK, NY 1,261,0411.3m $513.1m $513.1m 0.30% Reduced -31.0k -30,986
6 FIRST TRUST ADVISORS LP 0.37% of their portfolio Wheaton, IL 1,129,8451.1m $459.7m $459.7m 0.37% Added +94.3k +94,318
7 NORGES BANK 0.06% of their portfolio OSLO, Q8 1,092,7371.1m $444.6m $444.6m 0.06% Added +444.2k +444,216
8 Invesco Ltd. 0.07% of their portfolio ATLANTA, GA 1,082,7491.1m $440.5m $440.5m 0.07% Reduced -47.1k -47,145
9 WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio Boston, MA 925,548925.5k $376.6m $376.6m 0.07% Reduced -7.8k -7,768
10 VOYA INVESTMENT MANAGEMENT LLC 0.36% of their portfolio ATLANTA, GA 889,303889.3k $361.8m $361.8m 0.36% Reduced -888.5k -888,493
11 Pictet Asset Management Holding SA 0.34% of their portfolio CAROUGE, V8 827,901827.9k $336.7m $336.7m 0.34% Added +19.0k +19,018
12 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 817,272817.3k $332.5m $332.5m 0.01% Added +10.7k +10,676
13 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio NEW YORK, NY 742,528742.5k $302.1m $302.1m 0.06% Added +2.0k +2,024
14 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 644,257644.3k $262.1m $262.1m 0.02% Reduced -30.8k -30,775
15 LORD, ABBETT & CO. LLC 0.82% of their portfolio JERSEY CITY, NJ 623,023623.0k $253.5m $253.5m 0.82% Reduced -167.6k -167,638
16 BROWN CAPITAL MANAGEMENT LLC 7.04% of their portfolio BALTIMORE, MD 594,888594.9k $242.0m $242.0m 7.04% Reduced -732 -732
17 Legal & General Group Plc 0.06% of their portfolio London, X0 572,973573.0k $233.1m $233.1m 0.06% Reduced -15.5k -15,471
18 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 542,120542.1k $220.6m $220.6m 0.01% Added +33.1k +33,133
19 Allspring Global Investments Holdings, LLC 0.34% of their portfolio CHARLOTTE, NC 524,623524.6k $205.5m $205.5m 0.34% Added +19.7k +19,728
20 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 508,746508.7k $207.0m $207.0m 0.02% Added +60.2k +60,250
21 RGM Capital, LLC 7.86% of their portfolio NAPLES, FL 477,055477.1k $194.1m $194.1m 7.86% Reduced -47.1k -47,097
22 Driehaus Capital Management LLC 1.48% of their portfolio Chicago, IL 454,923454.9k $185.1m $185.1m 1.48% Added +23.9k +23,949
23 Swedbank AB 0.20% of their portfolio STOCKHOLM, V7 446,900446.9k $181.8m $181.8m 0.20% First filing
24 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 436,339436.3k $176.4m $176.4m 0.01% Added +12.3k +12,324
25 Polar Capital Holdings Plc 0.90% of their portfolio London, X0 423,426423.4k $172.3m $172.3m 0.90% Reduced -352.3k -352,278
26 AMERICAN CAPITAL MANAGEMENT INC 7.05% of their portfolio NEW YORK, NY 417,703417.7k $170.0m $170.0m 7.05% Reduced -81.1k -81,068
27 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.40% of their portfolio Paris, I0 401,673401.7k $163.4m $163.4m 0.40% Reduced -30.6k -30,605
28 NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio NEW YORK, NY 379,030379.0k $154.2m $154.2m 0.12% Added +124.5k +124,535
29 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 377,568377.6k $153.6m $153.6m 0.06% Added +15.3k +15,272
30 1832 Asset Management L.P. 0.26% of their portfolio TORONTO, A6 372,503372.5k $151.6m $151.6m 0.26% Reduced -11.0k -11,043
31 Clal Insurance Enterprises Holdings Ltd 1.45% of their portfolio Tel-aviv, L3 362,752362.8k $147.6m $147.6m 1.45% Added +167.0k +167,000
32 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio BOSTON, MA 351,276351.3k $142.9m $142.9m 0.10% Added +100.3k +100,285
33 Stephens Investment Management Group LLC 1.83% of their portfolio LITTLE ROCK, AR 340,316340.3k $138.5m $138.5m 1.83% Reduced -26.3k -26,303
34 Qube Research & Technologies Ltd 0.19% of their portfolio LONDON, X0 339,070339.1k $138.0m $138.0m 0.19% Reduced -25.5k -25,506
35 CIBC Private Wealth Group LLC 0.24% of their portfolio ATLANTA, GA 331,650331.6k $134.9m $134.9m 0.24% Added +183 +183
36 Cartenna Capital, LP 7.98% of their portfolio STAMFORD, CT 320,000320.0k $130.2m $130.2m 7.98% Added +82.5k +82,500
37 FEDERATED HERMES, INC. 0.24% of their portfolio PITTSBURGH, PA 314,615314.6k $128.0m $128.0m 0.24% Reduced -4.1k -4,138
38 GW&K Investment Management, LLC 1.14% of their portfolio BOSTON, MA 314,033314.0k $127.8m $127.8m 1.14% Reduced -237 -237
39 TimesSquare Capital Management, LLC 1.79% of their portfolio NEW YORK, NY 305,448305.4k $124.3m $124.3m 1.79% Reduced -151.8k -151,751
40 CONGRESS ASSET MANAGEMENT CO 0.82% of their portfolio BOSTON, MA 294,451294.5k $119.8m $119.8m 0.82% Reduced -38.3k -38,319
41 Balyasny Asset Management L.P. 0.27% of their portfolio Chicago, IL 290,148290.1k $118.1m $118.1m 0.27% Added +105.9k +105,868
42 JANUS HENDERSON GROUP PLC 0.06% of their portfolio LONDON, X0 288,675288.7k $117.4m $117.4m 0.06% Added +119.5k +119,481
43 UBS Group AG 0.02% of their portfolio ZURICH, V8 287,478287.5k $117.0m $117.0m 0.02% Reduced -93.6k -93,602
44 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 287,374287.4k $116.9m $116.9m 0.02% Reduced -19.2k -19,163
45 MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 263,710263.7k $107.3m $107.3m 0.10% Added +74.4k +74,355
46 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 259,940259.9k $105.8m $105.8m 0.09% Reduced -130.4k -130,439
47 Avala Global LP 5.49% of their portfolio NEW YORK, NY 258,887258.9k $105.3m $105.3m 5.49% Reduced -49.2k -49,200
48 Penserra Capital Management LLC 1.47% of their portfolio ORINDA, CA 258,107258.1k $105.0m $105.0m 1.47% Added +21.8k +21,804
49 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 254,051254.1k $103.4m $103.4m 0.03% Reduced -77.1k -77,072
50 BAMCO INC /NY/ 0.27% of their portfolio NEW YORK, NY 248,101248.1k $100.9m $100.9m 0.27% Added +10.6k +10,564
51 LAZARD ASSET MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 243,637243.6k $99.1m $99.1m 0.14% Added +155.3k +155,294
52 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 241,744241.7k $98.4m $98.4m 0.02% Reduced -181 -181
53 Amundi 0.03% of their portfolio Paris, I0 240,508240.5k $93.3m $93.3m 0.03% Reduced -307.0k -306,958
54 Hood River Capital Management LLC 1.36% of their portfolio PALM BEACH GARDENS, FL 239,366239.4k $97.4m $97.4m 1.36% Reduced -18.2k -18,235
55 MACQUARIE GROUP LTD 0.12% of their portfolio Sydney, NSW 2000, C3 233,604233.6k $95.0m $95.0m 0.12% Reduced -132.5k -132,521
56 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 230,867230.9k $93.9m $93.9m 0.07% Added +24.7k +24,727
57 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 227,656227.7k $92.6m $92.6m 0.01% Reduced -2.9k -2,889
58 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 227,155227.2k $92.4m $92.4m 0.03% Reduced -32.9k -32,867
59 Clearbridge Investments, LLC 0.07% of their portfolio NEW YORK, NY 210,546210.5k $85.7m $85.7m 0.07% Added +5.2k +5,202
60 BLAIR WILLIAM & CO/IL 0.23% of their portfolio CHICAGO, IL 200,178200.2k $81.4m $81.4m 0.23% Reduced -4.5k -4,530
61 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 194,539194.5k $79.2m $79.2m 0.01% Reduced -17.6k -17,583
62 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 185,934185.9k $75.7m $75.7m 0.01% Added +97.4k +97,412
63 Greenvale Capital LLP 6.73% of their portfolio LONDON, X0 185,000185.0k $75.3m $75.3m 6.73% Reduced -170.0k -170,000
64 GROUPAMA ASSET MANAGMENT 1.17% of their portfolio PARIS, I0 177,313177.3k $70.6m $70.6m 1.17% Added +10.2k +10,168
65 CI INVESTMENTS INC. 0.27% of their portfolio TORONTO, Z4 175,595175.6k $71.4m $71.4m 0.27% Reduced -98.2k -98,162
66 Handelsbanken Fonder AB 0.25% of their portfolio STOCKHOLM, V7 174,267174.3k $70.9m $70.9m 0.25% Added +6.7k +6,701
67 California Public Employees Retirement System 0.04% of their portfolio Sacramento, CA 171,607171.6k $69.8m $69.8m 0.04% Reduced -13.9k -13,897
68 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio CAUSEWAY BAY, K3 170,888170.9k $69.5m $69.5m 0.13% Added +2.0k +1,984
69 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 166,542166.5k $67.8m $67.8m 0.02% Reduced -607 -607
70 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 165,276165.3k $67.2m $67.2m 0.04% Added +38.7k +38,704
71 Assenagon Asset Management S.A. 0.10% of their portfolio SENNINGERBERG, N4 155,435155.4k $63.2m $63.2m 0.10% Added +20.1k +20,107
72 STRS OHIO 0.24% of their portfolio COLUMBUS, OH 155,166155.2k $63.1m $63.1m 0.24% Added +60.6k +60,618
73 JARISLOWSKY, FRASER Ltd 0.36% of their portfolio MONTREAL, A8 153,324153.3k $62.4m $62.4m 0.36% Added +10.6k +10,575
74 Swiss National Bank 0.04% of their portfolio ZURICH, V8 148,100148.1k $60.3m $60.3m 0.04% Added +17.2k +17,200
75 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 145,114145.1k $59.0m $59.0m 0.01% Added +35.2k +35,218
76 Anatole Investment Management Ltd 10.00% of their portfolio CENTRAL, K3 142,733142.7k $58.1m $58.1m 10.00% New
77 Vident Advisory, LLC 0.65% of their portfolio Alpharetta, GA 142,179142.2k $57.8m $57.8m 0.65% Added +8.9k +8,883
78 PointState Capital LP 1.23% of their portfolio New York, NY 141,435141.4k $57.5m $57.5m 1.23% Added +112.5k +112,488
79 Woodline Partners LP 0.30% of their portfolio San Francisco, CA 139,532139.5k $56.8m $56.8m 0.30% Added +44.1k +44,076
80 Spyglass Capital Management LLC 3.10% of their portfolio Greenbrae, CA 129,248129.2k $52.6m $52.6m 3.10% Added +4.7k +4,737
81 Fiera Capital Corp 0.18% of their portfolio MONTREAL, A8 128,153128.2k $52.1m $52.1m 0.18% New
82 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 124,488124.5k $50.7m $50.7m 0.01% Added +2.5k +2,463
83 Grandeur Peak Global Advisors, LLC 5.80% of their portfolio SALT LAKE CITY, UT 118,313118.3k $48.1m $48.1m 5.80% Reduced -6.3k -6,303
84 BAILLIE GIFFORD & CO 0.04% of their portfolio EDINBURGH, X0 117,918117.9k $48.0m $48.0m 0.04% Reduced -883 -883
85 AXA S.A. 0.14% of their portfolio PARIS, I0 117,542117.5k $47.8m $47.8m 0.14% Added +1.6k +1,571
86 Man Group plc 0.10% of their portfolio LONDON, X0 117,166117.2k $47.7m $47.7m 0.10% Added +113.2k +113,220
87 NZS Capital, LLC 1.61% of their portfolio DENVER, CO 116,707116.7k $47.5m $47.5m 1.61% Added +25.5k +25,526
88 AMI ASSET MANAGEMENT CORP 2.68% of their portfolio LOS ANGELES, CA 115,327115.3k $46.9m $46.9m 2.68% Added +41.7k +41,724
89 NOMURA ASSET MANAGEMENT CO LTD 0.13% of their portfolio TOKYO, M0 114,980115.0k $46.8m $46.8m 0.13% Added +18.1k +18,100
90 TCW GROUP INC 0.36% of their portfolio LOS ANGELES, CA 112,395112.4k $45.7m $45.7m 0.36% Reduced -382 -382
91 AustralianSuper Pty Ltd 0.23% of their portfolio MELBOURNE, C3 111,438111.4k $45.3m $45.3m 0.23% New
92 SG Americas Securities, LLC 0.20% of their portfolio NEW YORK, NY 111,399111.4k $45.3m $45.3m 0.20% Reduced -19.5k -19,466
93 Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 5.31% of their portfolio WARSZAWA, R9 110,380110.4k $44.9m $44.9m 5.31% New
94 LMR Partners LLP 0.67% of their portfolio LONDON, X0 105,000105.0k $42.7m $42.7m 0.67% Reduced -29.6k -29,605
95 Praesidium Investment Management Company, LLC 7.46% of their portfolio New York, NY 104,000104.0k $42.3m $42.3m 7.46% Reduced -15.9k -15,937
96 NICHOLAS COMPANY, INC. 0.67% of their portfolio MILWAUKEE, WI 98,07598.1k $39.9m $39.9m 0.67% Reduced -13.9k -13,940
97 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 98,04198.0k $39.9m $39.9m 0.04% Added +26.3k +26,308
98 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 98,03298.0k $39.9m $39.9m 0.02% Reduced -182.1k -182,096
99 KBC Group NV 0.11% of their portfolio Brussels, C9 97,27197.3k $39.6m $39.6m 0.11% Added +31.8k +31,765
100 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 92,82992.8k $37.8m $37.8m 0.03% Reduced -3.3k -3,324