JFROG LTD FROG
ORD SHS · Common Stock · CUSIP M6191J100
* 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 ($2.0m this quarter). Holder counts are more reliable. Shares outstanding: 118.3m as of 2025-10-31, 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 ≈ $47.34. Options: 13 managers hold calls ($64.6m notional), 12 hold puts ($30.1m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 168 |
| Q4 2022 | 176 |
| Q1 2023 | 182 |
| Q2 2023 | 189 |
| Q3 2023 | 217 |
| Q4 2023 | 241 |
| Q1 2024 | 277 |
| Q2 2024 | 266 |
| Q3 2024 | 245 |
| Q4 2024 | 248 |
| Q1 2025 | 279 |
| Q2 2025 | 295 |
| Q3 2025 | 308 |
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 | 121 | 109 |
| Q1 2024 | 169 | 105 |
| Q2 2024 | 142 | 141 |
| Q3 2024 | 128 | 126 |
| Q4 2024 | 118 | 106 |
| Q1 2025 | 160 | 100 |
| Q2 2025 | 158 | 122 |
| Q3 2025 | 151 | 140 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $12.1m | $11.6m | 0.95 |
| Q1 2025 | $36.2m | $11.2m | 0.31 |
| Q2 2025 | $57.0m | $20.8m | 0.37 |
| Q3 2025 | $64.6m | $30.1m | 0.47 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | New | +2.0m |
| LORD, ABBETT & CO. LLC | New | +1.2m |
| Whale Rock Capital Management LLC | Added | +1.2m |
| LAZARD ASSET MANAGEMENT LLC | Added | +1.1m |
| Sumitomo Mitsui Trust Group, Inc. | New | +1.1m |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | +892.8k |
| JPMORGAN CHASE & CO | Added | +784.1k |
| Shannon River Fund Management LLC | Added | +647.1k |
| LOOMIS SAYLES & CO L P | New | +605.5k |
| Amundi | Added | +512.1k |
Biggest sellers
| Point72 Asset Management, L.P. | Reduced | -2.0m |
| Thrivent Financial for Lutherans | Sold out | -1.8m |
| Champlain Investment Partners, LLC | Sold out | -1.2m |
| Hood River Capital Management LLC | Sold out | -1.1m |
| AXA S.A. | Sold out | -810.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -790.8k |
| Migdal Insurance & Financial Holdings Ltd. | Reduced | -784.0k |
| Cercano Management LLC | Sold out | -521.8k |
| TimesSquare Capital Management, LLC | Reduced | -505.3k |
| CITADEL ADVISORS LLC | Reduced | -459.5k |
Biggest calls
| PEAK6 LLC | Added | $25.4m537.4k shares |
| JANE STREET GROUP, LLC | Added | $9.7m206.0k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | $9.5m200.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.4m135.3k shares |
| IMC-Chicago, LLC | Reduced | $3.2m67.8k shares |
| Walleye Trading LLC | Added | $2.7m57.8k shares |
| CITADEL ADVISORS LLC | Reduced | $2.4m50.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m33.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m24.3k shares |
| Verition Fund Management LLC | New | $1.2m25.0k shares |
Biggest puts
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | $9.5m200.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.0m126.1k shares |
| IMC-Chicago, LLC | Added | $3.8m79.6k shares |
| CITADEL ADVISORS LLC | Reduced | $3.2m67.7k shares |
| Walleye Trading LLC | Added | $3.0m64.0k shares |
| PEAK6 LLC | Unchanged | $2.1m44.4k shares |
| SIMPLEX TRADING, LLC | Added | $804.0k17.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $633.3k12.8k shares |
| JANE STREET GROUP, LLC | New | $591.6k12.5k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $312.4k6.6k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-07-28 | 6.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 6 | $19.3m | $4.9m |
| Q1 2024 | 0 | — | 7 | $30.8m | $18.1m |
| Q2 2024 | 0 | — | 5 | $13.2m | $11.3m |
| Q3 2024 | 0 | — | 5 | $6.6m | $5.7m |
| Q4 2024 | 0 | — | 6 | $9.5m | $6.7m |
| Q1 2025 | 0 | — | 6 | $20.8m | $18.0m |
| Q2 2025 | 0 | — | 6 | $22.0m | $16.8m |
| Q3 2025 | 0 | — | 7 | $26.0m | $21.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-30 | Wassenaar Yvonne Director | Sold plan | $68.5k1.4k shares |
| 2025-09-09 | Simon Frederic Director | Sold plan | $1.8m35.0k shares |
| 2025-09-08 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold plan | $1.9m38.2k shares |
| 2025-09-08 | Notman Tali CHIEF REVENUE OFFICER | Sold plan | $656.7k13.1k shares |
| 2025-09-03 | Grabscheid Eduard CHIEF FINANCIAL OFFICER | Sold plan | $232.1k4.9k shares |
| 2025-09-02 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold | $1.4m29.1k shares |
| 2025-09-02 | Notman Tali CHIEF REVENUE OFFICER | Sold | $690.5k14.5k shares |
| 2025-09-02 | Grabscheid Eduard CHIEF FINANCIAL OFFICER | Sold plan | $128.8k2.7k shares |
| 2025-08-28 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $3.3m64.9k shares |
| 2025-08-28 | Wassenaar Yvonne Director | Sold plan | $67.0k1.4k shares |
| 2025-08-27 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $1.8m37.6k shares |
| 2025-08-22 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $2.4m50.0k shares |
| 2025-08-22 | Simon Frederic Director | Sold plan | $2.4m50.0k shares |
| 2025-08-18 | Grabscheid Eduard CHIEF FINANCIAL OFFICER | Sold plan | $731.6k16.4k shares |
| 2025-08-14 | Sela Yossi Director | Sold | $1.2m28.7k shares |
| 2025-08-13 | Sela Yossi Director | Sold | $1.2m29.1k shares |
| 2025-08-12 | Simon Frederic Director | Sold plan | $1.4m35.0k shares |
| 2025-08-08 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $1.3m30.0k shares |
| 2025-08-07 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $785.3k20.0k shares |
| 2025-08-07 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold plan | $624.8k15.0k shares |
| 2025-08-01 | Notman Tali CHIEF REVENUE OFFICER | Sold plan | $71.2k1.7k shares |
| 2025-07-08 | Simon Frederic Director | Sold plan | $1.5m35.0k shares |
| 2025-07-08 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold plan | $626.3k15.0k shares |
| 2025-07-07 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $370.2k8.7k shares |
| 2025-07-03 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $1.7m41.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 9.1m $432.7m | Added +224.5k |
| Optimus Prime Fund Management Co., Ltd. 19.71% of their portfolio | 4.7m $222.5m | Unchanged |
| Whale Rock Capital Management LLC 1.62% of their portfolio | 2.9m $137.7m | Added +1.2m |
| TimesSquare Capital Management, LLC 1.96% of their portfolio | 2.9m $137.1m | Reduced -505.3k |
| WASATCH ADVISORS LP 0.69% of their portfolio | 2.7m $128.3m | Added +153.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.7m $127.2m | Added +784.1k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 2.5m $116.5m | Added +12.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.0m $97.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.9m $89.6m | Reduced -151.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio | 1.8m $86.0m | Added +195.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.7m $78.5m | Added +229.8k |
| Fiera Capital Corp 0.25% of their portfolio | 1.6m $77.6m | Reduced -36.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.6m $76.1m | Added +170.1k |
| Praesidium Investment Management Company, LLC 13.81% of their portfolio | 1.5m $70.8m | Reduced -28.5k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 1.5m $70.0m | Reduced -26.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.3m $59.6m | Reduced -50.6k |
| Grandeur Peak Global Advisors, LLC 7.99% of their portfolio | 1.3m $59.5m | Reduced -86.7k |
| BAMCO INC /NY/ 0.16% of their portfolio | 1.2m $59.1m | Added +100.0k |
| LORD, ABBETT & CO. LLC 0.17% of their portfolio | 1.2m $57.4m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $56.5m | Reduced -207.8k |
| BlackRock, Inc. 0.00% of their portfolio | 1.2m $56.1m | Added +51.8k |
| LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio | 1.2m $56.1m | Added +1.1m |
| AXA Investment Managers S.A. 0.15% of their portfolio | 1.1m $53.8m | First filing |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.1m $51.4m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 1.1m $50.0m | Added +500.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 1.0m $48.0m | Reduced -7.6k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 999.0k $47.3m | Reduced -89.9k |
| BAILLIE GIFFORD & CO 0.03% of their portfolio | 973.3k $46.1m | Reduced -73 |
| Clal Insurance Enterprises Holdings Ltd 0.34% of their portfolio | 946.8k $44.8m | Reduced -30.0k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.38% of their portfolio | 892.8k $42.3m | New |
| Shannon River Fund Management LLC 6.58% of their portfolio | 863.9k $40.9m | Added +647.1k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 785.4k $37.2m | Added +84.9k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 745.4k $35.3m | Reduced -459.5k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 724.1k $34.3m | Reduced -2.0m |
| ALKEON CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 714.4k $33.8m | Added +500.0k |
| Aberdeen Group plc 0.05% of their portfolio | 609.7k $29.4m | Reduced -149.6k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 605.5k $28.7m | New |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 596.3k $28.2m | Added +327.2k |
| Artisan Partners Limited Partnership 0.04% of their portfolio | 589.2k $27.9m | Reduced -23.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 586.9k $27.8m | Added +71.1k |
| LIGHT STREET CAPITAL MANAGEMENT, LLC 4.61% of their portfolio | 579.3k $27.4m | Reduced -29.5k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 574.8k $27.2m | Reduced -405.4k |
| Amundi 0.01% of their portfolio | 550.9k $26.7m | Added +512.1k |
| Legal & General Group Plc 0.01% of their portfolio | 547.8k $25.9m | Added +66.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio | 538.3k $25.5m | Reduced -141.2k |
| Polar Capital Holdings Plc 0.12% of their portfolio | 529.8k $25.1m | Added +311.4k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 519.0k $24.6m | Added +120.6k |
| Daventry Group, LP 15.65% of their portfolio | 467.1k $22.1m | New |
| Kinetic Partners Management, LP 1.02% of their portfolio | 447.0k $21.2m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 443.2k $21.0m | Added +23.5k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 416.2k $19.7m | Added +274.5k |
| STATE STREET CORP 0.00% of their portfolio | 413.1k $19.6m | Added +417 |
| Woodline Partners LP 0.09% of their portfolio | 412.0k $19.5m | Added +15.0k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 401.1k $19.0m | Added +59.9k |
| Atreides Management, LP 0.49% of their portfolio | 397.2k $18.8m | New |
| ROYCE & ASSOCIATES LP 0.18% of their portfolio | 377.9k $17.9m | Reduced -27.4k |
| SEGALL BRYANT & HAMILL, LLC 0.22% of their portfolio | 356.0k $16.8m | Added +8.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.37% of their portfolio | 349.2k $16.5m | Added +117.2k |
| Thematics Asset Management 0.74% of their portfolio | 346.7k $16.4m | New |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.06% of their portfolio | 334.5k $15.8m | Added +323.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 329.5k $15.6m | Added +38.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 328.1k $15.5m | Added +182.0k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 322.2k $15.3m | New |
| ASHFORD CAPITAL MANAGEMENT INC 1.63% of their portfolio | 309.4k $14.6m | Reduced -10.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.43% of their portfolio | 300.7k $14.2m | Reduced -7.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 291.4k $13.8m | New |
| G2 Investment Partners Management LLC 2.72% of their portfolio | 279.4k $13.2m | Added +188.6k |
| Cinctive Capital Management LP 0.66% of their portfolio | 278.9k $13.2m | New |
| Migdal Insurance & Financial Holdings Ltd. 0.14% of their portfolio | 274.0k $13.0m | Reduced -784.0k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.95% of their portfolio | 273.9k $13.0m | Added +174.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 263.9k $12.5m | Added +8.5k |
| BLAIR WILLIAM & CO/IL 0.03% of their portfolio | 262.3k $12.4m | Reduced -39.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 251.8k $11.9m | Reduced -63.8k |
| HERALD INVESTMENT MANAGEMENT Ltd 1.57% of their portfolio | 250.0k $11.8m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 240.3k $11.4m | Reduced -6.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 233.4k $11.0m | Reduced -319.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 222.0k $10.5m | Added +18.1k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.07% of their portfolio | 215.2k $10.2m | Reduced -5.6k |
| Swiss National Bank 0.01% of their portfolio | 188.8k $8.9m | Added +2.8k |
| PDT Partners, LLC 0.53% of their portfolio | 176.3k $8.3m | Reduced -3 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 166.4k $7.9m | Added +185 |
| Granahan Investment Management, LLC 0.32% of their portfolio | 164.5k $7.8m | Reduced -72.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 164.5k $7.8m | Reduced -11.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 157.1k $7.4m | Added +13.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 154.5k $7.3m | Reduced -99.2k |
| J. Safra Sarasin Holding AG 0.11% of their portfolio | 149.8k $7.1m | New |
| PICTON MAHONEY ASSET MANAGEMENT 0.09% of their portfolio | 148.7k $7.0m | Added +93.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 143.3k $6.8m | Reduced -69.4k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 141.6k $6.7m | Added +97.8k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 141.5k $6.7m | New |
| Prescott Group Capital Management, L.L.C. 0.65% of their portfolio | 130.0k $6.2m | Unchanged |
| Lisanti Capital Growth, LLC 1.47% of their portfolio | 126.9k $6.0m | Added +16.7k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 120.2k $5.7m | Reduced -7.4k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 119.5k $5.7m | Reduced -2.0k |
| Verition Fund Management LLC 0.03% of their portfolio | 119.3k $5.6m | Added +15.4k |
| Granite Investment Partners, LLC 0.30% of their portfolio | 111.0k $5.3m | Reduced -17.3k |
| George Kaiser Family Foundation 0.73% of their portfolio | 110.1k $5.2m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 108.1k $5.1m | Reduced -52.9k |
| Pier Capital, LLC 0.79% of their portfolio | 107.4k $5.1m | Reduced -181.0k |
| Siren, L.L.C. 0.20% of their portfolio | 107.1k $5.1m | Unchanged |