FIVERR INTL LTD FVRR
ORD SHS · Common Stock · CUSIP M4R82T106
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersTel Aviv, Israel
- FilingsSEC EDGAR
* 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 ($2.9m this quarter). Holder counts are more reliable. Shares outstanding: 36.1m as of 2025-12-31, 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 ≈ $24.39. Options: 11 managers hold calls ($21.9m notional), 9 hold puts ($21.4m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 231 |
| Q4 2022 | 222 |
| Q1 2023 | 226 |
| Q2 2023 | 236 |
| Q3 2023 | 219 |
| Q4 2023 | 224 |
| Q1 2024 | 196 |
| Q2 2024 | 185 |
| Q3 2024 | 169 |
| Q4 2024 | 187 |
| Q1 2025 | 181 |
| Q2 2025 | 196 |
| Q3 2025 | 185 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 90 | 96 |
| Q1 2024 | 96 | 106 |
| Q2 2024 | 76 | 100 |
| Q3 2024 | 60 | 87 |
| Q4 2024 | 76 | 74 |
| Q1 2025 | 73 | 84 |
| Q2 2025 | 93 | 66 |
| Q3 2025 | 83 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $90.2m | $33.5m | 0.37 |
| Q1 2025 | $27.7m | $10.6m | 0.38 |
| Q2 2025 | $24.4m | $11.6m | 0.47 |
| Q3 2025 | $21.9m | $21.4m | 0.97 |
Biggest buyers
| Invenomic Capital Management LP | New | +622.4k |
| Engine Capital Management, LP | Added | +598.4k |
| CITADEL ADVISORS LLC | Added | +588.6k |
| AMERIPRISE FINANCIAL INC | Added | +566.6k |
| GOLDMAN SACHS GROUP INC | Added | +364.4k |
| UBS Group AG | Added | +222.7k |
| BANK OF AMERICA CORP /DE/ | Added | +206.7k |
| Analyst IMS Investment Management Services Ltd. | Added | +150.0k |
| Point72 Asset Management, L.P. | Added | +146.9k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +77.7k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.4m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -330.6k |
| Pier Capital, LLC | Sold out | -289.5k |
| MORGAN STANLEY | Reduced | -274.1k |
| J. Goldman & Co LP | Sold out | -237.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -176.2k |
| Kent Lake PR LLC | Sold out | -150.0k |
| JANE STREET GROUP, LLC | Sold out | -140.5k |
| Trexquant Investment LP | Reduced | -135.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Sold out | -112.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $6.3m259.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.7m194.2k shares |
| PEAK6 LLC | Reduced | $4.1m170.0k shares |
| IMC-Chicago, LLC | Added | $3.8m154.9k shares |
| WOLVERINE TRADING, LLC | New | $1.3m53.1k shares |
| JANE STREET GROUP, LLC | Reduced | $685.9k28.1k shares |
| SIMPLEX TRADING, LLC | Added | $485.0k19.9k shares |
| Squarepoint Ops LLC | Reduced | $271.0k11.1k shares |
| GROUP ONE TRADING LLC | Reduced | $65.9k2.7k shares |
| Walleye Capital LLC | Reduced | $48.8k2.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $10.9m448.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.6m188.3k shares |
| IMC-Chicago, LLC | Added | $1.6m64.9k shares |
| GROUP ONE TRADING LLC | Added | $1.5m61.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m42.6k shares |
| WOLVERINE TRADING, LLC | New | $938.3k37.0k shares |
| JANE STREET GROUP, LLC | Added | $649.3k26.6k shares |
| Walleye Trading LLC | Reduced | $92.8k3.8k shares |
| Walleye Capital LLC | Reduced | $2.4k100 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.
| Holder | Stake |
|---|---|
| AMERIPRISE FINANCIAL INC 13G · institution -0.2 pts · filed 2026-08-14 | 9.8% |
| Kaufman Micha 13G · exempt (held before listing) filed 2025-02-14 | 8.0% |
| Kolber Jonathan 13G · exempt (held before listing) filed 2025-07-31 | 5.8% |
Insider purchases and sales in Q3 2025
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 Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 2.7m $65.7m | Added +566.6k |
| Capital International Investors 0.01% of their portfolio | 1.5m $37.1m | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio | 1.4m $35.1m | Added +60.8k |
| Avory & Company, LLC 15.65% of their portfolio | 1.1m $26.0m | Added +8.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.0m $25.4m | Reduced -2.4m |
| Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio | 1.0m $24.7m | Reduced -66.2k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 945.4k $23.1m | Added +588.6k |
| BlackRock, Inc. 0.00% of their portfolio | 923.8k $22.6m | Added +61.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 840.6k $20.5m | Added +35.8k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 740.0k $18.1m | Reduced -30.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 635.2k $15.5m | Added +364.4k |
| Engine Capital Management, LP 1.81% of their portfolio | 623.7k $15.2m | Added +598.4k |
| Invenomic Capital Management LP 0.79% of their portfolio | 622.4k $15.2m | New |
| Analyst IMS Investment Management Services Ltd. 0.47% of their portfolio | 618.7k $15.1m | Added +150.0k |
| Deer Management Co. LLC 1.23% of their portfolio | 561.4k $13.7m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 556.3k $13.6m | Added +34.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 544.3k $13.2m | Added +77.7k |
| Chevy Chase Trust Holdings, LLC 0.03% of their portfolio | 489.1k $11.9m | Reduced -26.2k |
| STATE STREET CORP 0.00% of their portfolio | 426.8k $10.4m | Added +4.6k |
| MORGAN STANLEY 0.00% of their portfolio | 398.1k $9.7m | Reduced -274.1k |
| BAMCO INC /NY/ 0.03% of their portfolio | 389.4k $9.5m | Reduced -2.2k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 381.2k $9.3m | Reduced -37.0k |
| UBS Group AG 0.00% of their portfolio | 366.1k $8.9m | Added +222.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 296.4k $7.2m | Added +206.7k |
| INVESTMENT HOUSE LLC 0.34% of their portfolio | 292.3k $7.1m | Added +14.9k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.37% of their portfolio | 275.8k $6.7m | Reduced -31.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 217.9k $5.3m | Added +27.2k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 148.8k $3.6m | Reduced -330.6k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 148.4k $3.6m | Added +146.9k |
| Jump Financial, LLC 0.05% of their portfolio | 146.5k $3.6m | Reduced -24.5k |
| Walleye Capital LLC 0.03% of their portfolio | 137.5k $3.4m | Added +67.7k |
| Accurate Wealth Management, LLC 0.41% of their portfolio | 135.6k $3.1m | Added +7.0k |
| Arkadios Wealth Advisors 0.08% of their portfolio | 130.1k $3.2m | Reduced -2.0k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 115.6k $2.8m | Reduced -52.9k |
| Taylor Frigon Capital Management LLC 1.30% of their portfolio | 109.4k $2.6m | Added +16.4k |
| Engineers Gate Manager LP 0.03% of their portfolio | 102.2k $2.5m | Reduced -1.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 89.8k $2.2m | Added +9.4k |
| BloombergSen Inc. 0.17% of their portfolio | 83.7k $2.0m | Reduced -12.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 83.4k $2.0m | Reduced -176.2k |
| Trexquant Investment LP 0.02% of their portfolio | 82.3k $2.0m | Reduced -135.1k |
| CALIFORNIA FIRST LEASING CORP 0.71% of their portfolio | 79.6k $1.9m | Unchanged |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.28% of their portfolio | 75.6k $1.8m | Added +2.6k |
| ARK Investment Management LLC 0.01% of their portfolio | 75.6k $1.8m | Added +8.7k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 74.3k $1.8m | Added +1.5k |
| HRT FINANCIAL LP 0.01% of their portfolio | 73.8k $1.8m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 71.7k $1.7m | Added +402 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 66.8k $1.6m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 66.2k $1.6m | Reduced -6.0k |
| Aberdeen Group plc 0.00% of their portfolio | 65.3k $1.6m | Reduced -6.3k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 63.4k $1.5m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 61.2k $1.5m | Unchanged |
| Bullseye Asset Management LLC 0.77% of their portfolio | 60.0k $1.5m | Added +3.0k |
| Swiss National Bank 0.00% of their portfolio | 58.4k $1.4m | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 53.6k $1.3m | Added +25.4k |
| Boston Partners 0.00% of their portfolio | 53.6k $1.3m | Added +6.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 53.5k $1.3m | Added +170 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 51.3k $1.3m | Added +6.8k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 47.2k $1.2m | Added +38.5k |
| Numerai GP LLC 0.16% of their portfolio | 46.9k $1.1m | Reduced -6.0k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 45.1k $1.1m | Added +9.2k |
| Verition Fund Management LLC 0.01% of their portfolio | 45.0k $1.1m | Reduced -16.9k |
| IMC-Chicago, LLC 0.02% of their portfolio | 43.4k $1.1m | New |
| Man Group plc 0.00% of their portfolio | 42.2k $1.0m | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 41.1k $1.0m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 39.9k $973.5k | Added +26.2k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 38.1k $929.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 37.7k $920.8k | Added +4.4k |
| Penserra Capital Management LLC 0.01% of their portfolio | 35.9k $876.0k | Reduced -1.9k |
| Blueshift Asset Management, LLC 0.26% of their portfolio | 34.8k $849.3k | New |
| Heron Bay Capital Management 0.14% of their portfolio | 31.6k $772.6k | New |
| XTX Topco Ltd 0.04% of their portfolio | 31.4k $766.6k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 31.0k $757.2k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 30.0k $731.6k | Unchanged |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 27.8k $678.0k | Added +23.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 27.7k $676.8k | Reduced -28.4k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 27.4k $669.9k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 27.3k $665.5k | Added +1.5k |
| Tidal Investments LLC 0.00% of their portfolio | 25.2k $614.9k | Reduced -228 |
| PDT Partners, LLC 0.03% of their portfolio | 22.0k $536.7k | Reduced -90.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 21.9k $535.1k | New |
| Legato Capital Management LLC 0.06% of their portfolio | 21.8k $532.4k | Unchanged |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 20.1k $489.9k | New |
| Nuveen, LLC 0.00% of their portfolio | 19.9k $485.5k | Unchanged |
| Legal Advantage Investments, Inc. 0.21% of their portfolio | 18.8k $458.9k | Reduced -1.0k |
| DANSKE BANK A/S 0.00% of their portfolio | 17.9k $437.3k | Reduced -6.4k |
| PharVision Advisers, LLC 0.24% of their portfolio | 17.3k $422.0k | Added +9.3k |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 16.8k $408.9k | Unchanged |
| Handelsbanken Fonder AB 0.00% of their portfolio | 16.1k $393.0k | Added +7.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 15.0k $366.2k | Added +672 |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 13.8k $335.9k | Reduced -880 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 13.2k $322.2k | Reduced -2.5k |
| State of Wyoming 0.03% of their portfolio | 11.5k $280.4k | Reduced -1.7k |
| Walleye Trading LLC 0.00% of their portfolio | 11.5k $279.6k | Reduced -1.6k |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 11.1k $271.0k | Reduced -75.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 11.0k $269.2k | Reduced -2.0k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 10.8k $263.7k | Added +4.0k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 10.4k $254.0k | Reduced -676 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 9.9k $241.0k | New |
| DARK FOREST CAPITAL MANAGEMENT LP 0.01% of their portfolio | 9.0k $220.4k | New |
| FOX RUN MANAGEMENT, L.L.C. 0.03% of their portfolio | 8.8k $215.2k | New |