Vault-13

FIVERR INTL LTD FVRR

ORD SHS · Common Stock · CUSIP M4R82T106

224 institutional holders +5 vs Q3 2023
20,558,14720.6m shares reported held*
53.2% of all shares outstanding*
$559.6mreported value*
28 new 62 added 68 reduced 28 sold out net bought ≈ $71.4m (+2.8m 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 ($109 this quarter). Holder counts are more reliable. Shares outstanding: 38.7m as of 2023-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $27.22. Options: 14 managers hold calls ($25.0m notional), 12 hold puts ($17.9m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 231Q4 22: 222Q1 23: 226Q2 23: 236Q3 23: 219Q4 23: 224224Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022231
Q4 2022222
Q1 2023226
Q2 2023236
Q3 2023219
Q4 2023224

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 74 bought or addedQ4 22: 112 cut or sold outQ4 22Q1 23: 93 bought or addedQ1 23: 87 cut or sold outQ1 23Q2 23: 110 bought or addedQ2 23: 91 cut or sold outQ2 23Q3 23: 85 bought or addedQ3 23: 108 cut or sold outQ3 23Q4 23: 90 bought or addedQ4 23: 96 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202274112
Q1 20239387
Q2 202311091
Q3 202385108
Q4 20239096

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 23 calls: $29.2mQ1 23 puts: $16.9mQ1 23P/C 0.58Q2 23 calls: $25.2mQ2 23 puts: $20.8mQ2 23P/C 0.83Q3 23 calls: $23.4mQ3 23 puts: $18.2mQ3 23P/C 0.78Q4 23 calls: $25.0mQ4 23 puts: $17.9mQ4 23P/C 0.72
Numbers
QuarterCallsPutsP/C
Q1 2023$29.2m$16.9m0.58
Q2 2023$25.2m$20.8m0.83
Q3 2023$23.4m$18.2m0.78
Q4 2023$25.0m$17.9m0.72

Biggest buyers

Engine Capital Management, LP New +705,091+705.1k
Greenhouse Funds LLLP Added +656,309+656.3k
MORGAN STANLEY Added +586,440+586.4k
Migdal Insurance & Financial Holdings Ltd. Added +510,000+510.0k
Invenomic Capital Management LP New +336,096+336.1k
RENAISSANCE TECHNOLOGIES LLC Added +264,699+264.7k
NORDEA INVESTMENT MANAGEMENT AB Added +229,653+229.7k
Man Group plc New +200,585+200.6k
Cubist Systematic Strategies, LLC Added +177,688+177.7k
Nuveen Asset Management, LLC Added +161,990+162.0k

Biggest sellers

BAILLIE GIFFORD & CO Reduced -234,179-234.2k
BlackRock Inc. Reduced -198,298-198.3k
Man Group plc Sold out -179,639-179.6k
MILLENNIUM MANAGEMENT LLC Reduced -139,618-139.6k
Capital International Investors Reduced -133,334-133.3k
BANK OF AMERICA CORP /DE/ Reduced -125,433-125.4k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -122,827-122.8k
Granahan Investment Management, LLC Reduced -122,402-122.4k
ACADIAN ASSET MANAGEMENT LLC Reduced -117,780-117.8k
Graham Capital Management, L.P. Sold out -85,362-85.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $4.5m166.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.5m166.1k shares
JANE STREET GROUP, LLC Added $3.5m127.4k shares
PEAK6 Investments LLC Added $2.6m94.0k shares
IMC-Chicago, LLC Added $2.5m93.5k shares
SIMPLEX TRADING, LLC Added $1.9m69.1k shares
D. E. Shaw & Co., Inc. Added $1.6m59.7k shares
GTS SECURITIES LLC Reduced $1.5m53.3k shares
GROUP ONE TRADING LLC Added $1.1m40.9k shares
Walleye Capital LLC Reduced $664.2k24.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.2m228.1k shares
CITADEL ADVISORS LLC Reduced $3.3m121.6k shares
IMC-Chicago, LLC Added $1.9m70.0k shares
PEAK6 Investments LLC Reduced $1.8m64.9k shares
Walleye Capital LLC Added $1.3m47.2k shares
GTS SECURITIES LLC Unchanged $985.4k36.2k shares
Walleye Trading LLC Added $827.5k30.4k shares
JANE STREET GROUP, LLC Reduced $759.4k27.9k shares
SIMPLEX TRADING, LLC Added $661.0k24.3k shares
GROUP ONE TRADING LLC Added $147.0k5.4k 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.

HolderStakeChangeShares Last filed
AMERIPRISE FINANCIAL INC 13G · institution -0.2 pts · filed 2026-08-14 9.8% -0.2 pts 3.5m≈ $36.4m 2026-08-14
Kaufman Micha 13G · exempt (held before listing) filed 2025-02-14 8.0% 3.0m≈ $30.7m 2025-02-14
Kolber Jonathan 13G · exempt (held before listing) filed 2025-07-31 5.8% 2.1m≈ $21.5m 2025-07-31

Insider purchases and sales in Q4 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital International Investors 0.01% of their portfolio Los Angeles, CA 1,518,9591.5m $41.3m $41.3m 0.01% Reduced -133.3k -133,334
2 Greenhouse Funds LLLP 2.26% of their portfolio BALTIMORE, MD 1,220,9691.2m $33.2m $33.2m 2.26% Added +656.3k +656,309
3 BlackRock Inc. 0.00% of their portfolio New York, NY 1,089,8261.1m $29.7m $29.7m 0.00% Reduced -198.3k -198,298
4 Migdal Insurance & Financial Holdings Ltd. 0.47% of their portfolio Petach Tikva, L3 862,955863.0k $23.5m $23.5m 0.47% Added +510.0k +510,000
5 BAILLIE GIFFORD & CO 0.02% of their portfolio EDINBURGH, X0 820,553820.6k $22.3m $22.3m 0.02% Reduced -234.2k -234,179
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 804,546804.5k $21.9m $21.9m 0.00% Added +586.4k +586,440
7 Avory & Company, LLC 13.99% of their portfolio MIAMI, FL 734,636734.6k $20.0m $20.0m 13.99% Added +38.6k +38,604
8 FEDERATED HERMES, INC. 0.05% of their portfolio PITTSBURGH, PA 725,000725.0k $19.7m $19.7m 0.05% Added +25.0k +25,000
9 Engine Capital Management, LP 3.17% of their portfolio NEW YORK, NY 705,091705.1k $19.2m $19.2m 3.17% New
10 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 660,519660.5k $18.0m $18.0m 0.02% Reduced -139.6k -139,618
11 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 591,699591.7k $16.1m $16.1m 0.02% Added +264.7k +264,699
12 Deer Management Co. LLC 1.98% of their portfolio LARCHMONT, NY 561,426561.4k $15.3m $15.3m 1.98% Unchanged
13 BRIGHTLIGHT CAPITAL MANAGEMENT LP 10.94% of their portfolio WESTPORT, CT 557,200557.2k $15.2m $15.2m 10.94% Unchanged
14 BAMCO INC /NY/ 0.04% of their portfolio NEW YORK, NY 522,029522.0k $14.2m $14.2m 0.04% Added +128.8k +128,798
15 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 422,626422.6k $11.7m $11.7m 0.01% Added +229.7k +229,653
16 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 421,468421.5k $11.5m $11.5m 0.01% Reduced -80.2k -80,181
17 MENORA MIVTACHIM HOLDINGS LTD. 0.10% of their portfolio Ramat Gan, L3 417,508417.5k $11.4m $11.4m 0.10% Added +130.0k +130,000
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 376,433376.4k $10.2m $10.2m 0.00% Added +46.1k +46,097
19 Granahan Investment Management, LLC 0.33% of their portfolio WALTHAM, MA 363,867363.9k $9.9m $9.9m 0.33% Reduced -122.4k -122,402
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 339,699339.7k $9.2m $9.2m 0.00% Added +11.7k +11,661
21 Invenomic Capital Management LP 0.49% of their portfolio BOSTON, MA 336,096336.1k $9.1m $9.1m 0.49% New
22 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 333,448333.4k $9.1m $9.1m 0.04% Reduced -122.8k -122,827
23 Kent Lake Capital LLC 3.42% of their portfolio RENO, NV 325,000325.0k $8.8m $8.8m 3.42% Added +25.0k +25,000
24 Chevy Chase Trust Holdings, LLC 0.03% of their portfolio BETHESDA, MD 294,722294.7k $8.0m $8.0m 0.03% Added +1.7k +1,660
25 Cubist Systematic Strategies, LLC 0.10% of their portfolio STAMFORD, CT 289,385289.4k $7.9m $7.9m 0.10% Added +177.7k +177,688
26 Analyst IMS Investment Management Services Ltd. 0.37% of their portfolio Tel-aviv, L3 261,607261.6k $7.1m $7.1m 0.37% Unchanged
27 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 245,946245.9k $6.7m $6.7m 0.01% Reduced -23.1k -23,052
28 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 242,587242.6k $6.6m $6.6m 0.01% Reduced -22.1k -22,071
29 NORGES BANK 0.00% of their portfolio OSLO, Q8 209,911209.9k $5.7m $5.7m 0.00% Reduced -42.0k -42,042
30 Man Group plc 0.02% of their portfolio LONDON, X0 200,585200.6k $5.5m $5.5m 0.02% New
31 Whetstone Capital Advisors, LLC 2.64% of their portfolio SHAWNEE MISSION, KS 192,587192.6k $5.2m $5.2m 2.64% Added +949 +949
32 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 188,789188.8k $5.1m $5.1m 0.00% Added +162.0k +161,990
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 171,371171.4k $4.7m $4.7m 0.00% Added +97.4k +97,439
34 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 167,513167.5k $4.6m $4.6m 0.01% Reduced -10.7k -10,672
35 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 152,942152.9k $4.2m $4.2m 0.02% Reduced -208 -208
36 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 115,825115.8k $3.2m $3.2m 0.01% Added +40.7k +40,693
37 Amundi 0.00% of their portfolio Paris, I0 115,706115.7k $3.1m $3.1m 0.00% Added +26.6k +26,598
38 Taylor Frigon Capital Management LLC 1.58% of their portfolio SCOTTSDALE, AZ 115,638115.6k $3.1m $3.1m 1.58% Reduced -1.0k -1,046
39 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 103,598103.6k $2.8m $2.8m 0.01% Reduced -117.8k -117,780
40 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 101,450101.5k $2.8m $2.8m 0.01% Reduced -39.6k -39,590
41 Arkadios Wealth Advisors 0.21% of their portfolio ATLANTA, GA 91,49291.5k $2.5m $2.5m 0.21% Added +13.1k +13,068
42 ESSEX INVESTMENT MANAGEMENT CO LLC 0.45% of their portfolio BOSTON, MA 84,77084.8k $2.3m $2.3m 0.45% Added +9.7k +9,694
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 82,44282.4k $2.2m $2.2m 0.00% Reduced -13.1k -13,108
44 ARK Investment Management LLC 0.01% of their portfolio ST. PETERSBURG, FL 76,33476.3k $2.1m $2.1m 0.01% Added +2.8k +2,849
45 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 74,83674.8k $2.0m $2.0m 0.01% Reduced -69.9k -69,867
46 CONSOLIDATED PRESS INTERNATIONAL HOLDINGS LTD 0.25% of their portfolio SYDNEY, C3 74,44474.4k $2.0m $2.0m 0.25% Unchanged
47 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 73,03973.0k $2.1m $2.1m 0.00% Reduced -44 -44
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 71,88171.9k $2.0m $2.0m 0.00% Reduced -2.7k -2,683
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 69,90469.9k $1.9m $1.9m 0.00% Added +61.4k +61,390
50 PDT Partners, LLC 0.20% of their portfolio New York, NY 68,14268.1k $1.9m $1.9m 0.20% Reduced -11.1k -11,122
51 Penserra Capital Management LLC 0.03% of their portfolio ORINDA, CA 66,67966.7k $1.8m $1.8m 0.03% Added +3.5k +3,461
52 Swiss National Bank 0.00% of their portfolio ZURICH, V8 64,60564.6k $1.8m $1.8m 0.00% Reduced -7.0k -7,000
53 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 61,40061.4k $1.5m $1.5m 0.00% Unchanged
54 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 51,15351.2k $1.4m $1.4m 0.00% Reduced -970 -970
55 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 50,93250.9k $1.4m $1.4m 0.00% Added +2.4k +2,398
56 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 42,69442.7k $1.2m $1.2m 0.00% Reduced -30.7k -30,746
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 42,68742.7k $1.2m $1.2m 0.00% Unchanged
58 Bullseye Asset Management LLC 0.53% of their portfolio DENVER, CO 40,62140.6k $1.1m $1.1m 0.53% Added +3.9k +3,861
59 Legato Capital Management LLC 0.14% of their portfolio San Francisco, CA 39,93239.9k $1.1m $1.1m 0.14% Added +5.1k +5,143
60 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 39,04339.0k $1.1m $1.1m 0.02% Reduced -61.1k -61,117
61 EAGLE GLOBAL ADVISORS LLC 0.06% of their portfolio Houston, TX 38,00038.0k $1.0m $1.0m 0.06% Unchanged
62 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 36,85036.9k $1.0m $1.0m 0.00% Unchanged
63 Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio Bala Cynwyd, PA 36,09236.1k $982.4k $982.4k 0.02% First filing
64 Divisadero Street Capital Management, LP 0.22% of their portfolio MIAMI, FL 35,44835.4k $964.9k $964.9k 0.22% New
65 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 33,96134.0k $924.0k $924.0k 0.00% New
66 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 33,34833.3k $907.7k $907.7k 0.01% New
67 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 32,43432.4k $882.9k $882.9k 0.00% Added +4.6k +4,626
68 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 32,24732.2k $877.8k $877.8k 0.00% New
69 Aigen Investment Management, LP 0.15% of their portfolio NEW YORK, NY 30,47230.5k $829.4k $829.4k 0.15% Added +19.8k +19,755
70 Baader Bank Aktiengesellschaft 0.07% of their portfolio Unterschleissheim, 2M 30,46030.5k $829.1k $829.1k 0.07% Unchanged
71 Vident Advisory, LLC 0.02% of their portfolio Alpharetta, GA 29,59129.6k $805.5k $805.5k 0.02% Reduced -1.2k -1,200
72 Concentric Capital Strategies, LP 0.10% of their portfolio Stamford, CT 29,22929.2k $795.6k $795.6k 0.10% New
73 IMC-Chicago, LLC 0.03% of their portfolio CHICAGO, IL 28,93428.9k $787.6k $787.6k 0.03% Reduced -6.4k -6,379
74 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 27,80627.8k $756.9k $756.9k 0.00% Added +2.1k +2,107
75 Potrero Capital Research LLC 0.41% of their portfolio SAN FRANCISCO, CA 27,72327.7k $754.6k $754.6k 0.41% Reduced -4.4k -4,434
76 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 27,35127.4k $744.5k $744.5k 0.02% Added +1.3k +1,269
77 PRELUDE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 25,83625.8k $703.3k $703.3k 0.06% Added +10.2k +10,154
78 Olympiad Research LP 0.55% of their portfolio Stamford, CT 25,73725.7k $700.6k $700.6k 0.55% Added +8.3k +8,277
79 Virtu Financial LLC 0.06% of their portfolio New York, NY 25,52525.5k $695.0k $695.0k 0.06% New
80 J. Goldman & Co LP 0.04% of their portfolio NEW YORK, NY 25,15525.2k $684.7k $684.7k 0.04% New
81 FMR LLC 0.00% of their portfolio BOSTON, MA 25,14425.1k $684.4k $684.4k 0.00% Added +11.2k +11,248
82 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 24,74124.7k $673.5k $673.5k 0.00% Reduced -125.4k -125,433
83 Legal & General Group Plc 0.00% of their portfolio London, X0 24,63224.6k $670.5k $670.5k 0.00% Reduced -13.6k -13,621
84 SEVEN EIGHT CAPITAL, LP 0.08% of their portfolio New York, NY 24,35724.4k $663.0k $663.0k 0.08% New
85 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 24,28524.3k $661.0k $661.0k 0.00% Added +672 +672
86 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 23,63323.6k $643.3k $643.3k 0.00% Added +4.1k +4,063
87 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 23,12423.1k $629.4k $629.4k 0.01% Reduced -2.5k -2,548
88 APG Asset Management N.V. 0.00% of their portfolio Amsterdam, P7 21,80621.8k $537.3k $537.3k 0.00% New
89 Aquatic Capital Management LLC 0.02% of their portfolio CHICAGO, IL 21,70021.7k $591.0k $591.0k 0.02% Reduced -44.2k -44,200
90 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 21,52121.5k $586.0k $586.0k 0.00% Reduced -5.1k -5,060
91 Centiva Capital, LP 0.04% of their portfolio New York, NY 20,52520.5k $558.7k $558.7k 0.04% New
92 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 20,01920.0k $545.0k $545.0k 0.00% Reduced -40 -40
93 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 18,75918.8k $510.6k $510.6k 0.01% Added +7.2k +7,207
94 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 18,66518.7k $507.9k $507.9k 0.01% Added +1.6k +1,640
95 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 18,61918.6k $506.8k $506.8k 0.00% Reduced -304 -304
96 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 17,99518.0k $489.8k $489.8k 0.00% Reduced -11.6k -11,615
97 Quantbot Technologies LP 0.03% of their portfolio NEW YORK, NY 17,85917.9k $486.1k $486.1k 0.03% New
98 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 17,80717.8k $484.7k $484.7k 0.01% New
99 FOX RUN MANAGEMENT, L.L.C. 0.12% of their portfolio GREENWICH, CT 17,45117.5k $475.0k $475.0k 0.12% Reduced -2.7k -2,660
100 MOODY NATIONAL BANK TRUST DIVISION 0.04% of their portfolio GALVESTON, TX 16,64416.6k $453.1k $453.1k 0.04% Reduced -4.2k -4,150