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 ($4.7m this quarter). Holder counts are more reliable. Shares outstanding: 119.6m as of 2026-02-06, 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 ≈ $62.47. Options: 13 managers hold calls ($67.2m notional), 12 hold puts ($24.7m).
Trends to Q4 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 |
| Q4 2025 | 333 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 173 | 153 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $36.2m | $11.2m | 0.31 |
| Q2 2025 | $57.0m | $20.8m | 0.37 |
| Q3 2025 | $64.6m | $30.1m | 0.47 |
| Q4 2025 | $67.2m | $24.7m | 0.37 |
Biggest buyers
| FMR LLC | Added | +3.9m |
| Whale Rock Capital Management LLC | Added | +2.4m |
| Invesco Ltd. | Added | +2.1m |
| Anatole Investment Management Ltd | New | +1.4m |
| MORGAN STANLEY | Added | +1.3m |
| Assenagon Asset Management S.A. | Added | +1.2m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | New | +1.1m |
| 1832 Asset Management L.P. | Added | +1.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +773.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +701.8k |
Biggest sellers
| WASATCH ADVISORS LP | Reduced | -1.3m |
| Shannon River Fund Management LLC | Sold out | -863.9k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -765.7k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -732.7k |
| CITADEL ADVISORS LLC | Reduced | -611.5k |
| MARSHALL WACE, LLP | Sold out | -574.8k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -483.2k |
| Daventry Group, LP | Sold out | -467.1k |
| Bank of New York Mellon Corp | Reduced | -429.1k |
| Woodline Partners LP | Sold out | -412.0k |
Biggest calls
| PEAK6 LLC | Reduced | $18.3m292.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.1m258.0k shares |
| IMC-Chicago, LLC | Added | $7.5m119.5k shares |
| JANE STREET GROUP, LLC | Reduced | $6.8m109.3k shares |
| CITADEL ADVISORS LLC | Added | $5.9m95.2k shares |
| Walleye Capital LLC | New | $3.1m49.1k shares |
| Walleye Trading LLC | Reduced | $2.8m44.5k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m35.9k shares |
| D. E. Shaw & Co., Inc. | New | $1.5m24.7k shares |
| GROUP ONE TRADING LLC | Added | $849.5k13.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.4m134.1k shares |
| IMC-Chicago, LLC | Reduced | $4.8m77.1k shares |
| JANE STREET GROUP, LLC | Added | $3.2m51.6k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m43.2k shares |
| Walleye Capital LLC | Added | $1.9m30.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.3m21.2k shares |
| GROUP ONE TRADING LLC | Added | $493.4k7.9k shares |
| Walleye Trading LLC | Reduced | $493.4k7.9k shares |
| Squarepoint Ops LLC | New | $474.7k7.6k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $393.5k6.3k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2025 | 0 | — | 9 | $47.6m | $44.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-12 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $3.1m45.0k shares |
| 2025-12-10 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $4.8m70.0k shares |
| 2025-12-10 | Sela Yossi Director | Sold plan | $1.8m25.0k shares |
| 2025-12-08 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold plan | $3.1m48.7k shares |
| 2025-12-08 | Notman Tali CHIEF REVENUE OFFICER | Sold plan | $865.6k13.4k shares |
| 2025-12-05 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $3.2m50.0k shares |
| 2025-12-05 | Sela Yossi Director | Sold plan | $3.2m50.0k shares |
| 2025-12-05 | Steele Elisa Director | Sold plan | $346.3k5.5k shares |
| 2025-12-03 | Grabscheid Eduard CHIEF FINANCIAL OFFICER | Sold plan | $209.1k3.4k shares |
| 2025-12-02 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold | $1.7m28.5k shares |
| 2025-12-02 | Notman Tali CHIEF REVENUE OFFICER | Sold | $862.8k14.2k shares |
| 2025-12-02 | Simon Frederic Director | Sold plan | $762.9k12.5k shares |
| 2025-12-02 | Grabscheid Eduard CHIEF FINANCIAL OFFICER | Sold plan | $222.5k3.7k shares |
| 2025-12-02 | Wassenaar Yvonne Director | Sold plan | $82.2k1.4k shares |
| 2025-12-01 | Simon Frederic Director | Sold plan | $4.1m67.5k shares |
| 2025-12-01 | Landman Yoav CHIEF TECHNOLOGY OFFICER, director | Sold plan | $2.4m40.0k shares |
| 2025-11-25 | Simon Frederic Director | Sold plan | $4.9m80.0k shares |
| 2025-11-25 | Vitus Andrew L. Director · See footnote | Sold | $371.9k6.0k shares |
| 2025-11-10 | Simon Frederic Director | Sold plan | $2.4m37.1k shares |
| 2025-11-07 | Simon Frederic Director | Sold plan | $5.9m100.0k shares |
| 2025-11-06 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold plan | $690.1k15.0k shares |
| 2025-10-20 | Wassenaar Yvonne Director | Sold plan | $65.8k1.4k shares |
| 2025-10-14 | Simon Frederic Director | Sold plan | $1.6m35.0k shares |
| 2025-10-07 | Shlomi Ben Haim CHIEF EXECUTIVE OFFICER, director | Sold plan | $721.2k15.0k shares |
| 2025-10-01 | Notman Tali CHIEF REVENUE OFFICER | Sold plan | $79.9k1.7k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 9.5m $593.7m | Added +362.7k |
| Whale Rock Capital Management LLC 4.23% of their portfolio | 5.3m $330.9m | Added +2.4m |
| Optimus Prime Fund Management Co., Ltd. 23.66% of their portfolio | 4.7m $293.6m | Unchanged |
| FMR LLC 0.01% of their portfolio | 3.9m $242.6m | Added +3.9m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.9m $179.2m | Added +181.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.7m $167.6m | Added +633.2k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 2.7m $166.0m | Added +195.4k |
| TimesSquare Capital Management, LLC 2.35% of their portfolio | 2.5m $155.8m | Reduced -400.8k |
| Fiera Capital Corp 0.45% of their portfolio | 2.3m $140.8m | Added +614.4k |
| Invesco Ltd. 0.01% of their portfolio | 2.1m $131.4m | Added +2.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.7m $106.1m | Added +91.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio | 1.6m $102.1m | Reduced -183.1k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 2.79% of their portfolio | 1.6m $99.2m | Added +694.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.6m $97.6m | Added +1.3m |
| Assenagon Asset Management S.A. 0.14% of their portfolio | 1.5m $96.4m | Added +1.2m |
| Praesidium Investment Management Company, LLC 17.48% of their portfolio | 1.5m $94.4m | Added +15.5k |
| BAMCO INC /NY/ 0.25% of their portfolio | 1.5m $93.3m | Added +244.4k |
| Ensign Peak Advisors, Inc 0.16% of their portfolio | 1.4m $90.3m | Reduced -32.0k |
| WASATCH ADVISORS LP 0.54% of their portfolio | 1.4m $90.3m | Reduced -1.3m |
| 1832 Asset Management L.P. 0.11% of their portfolio | 1.4m $90.0m | Added +1.0m |
| Anatole Investment Management Ltd 14.43% of their portfolio | 1.4m $86.6m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.3m $84.1m | Added +331.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $76.8m | Reduced -429.1k |
| NORGES BANK 0.01% of their portfolio | 1.2m $76.4m | Not comparable |
| LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio | 1.2m $75.6m | Added +24.3k |
| Grandeur Peak Global Advisors, LLC 10.13% of their portfolio | 1.2m $75.2m | Reduced -53.1k |
| LORD, ABBETT & CO. LLC 0.23% of their portfolio | 1.2m $73.4m | Reduced -37.9k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.1m $70.4m | Reduced -765.7k |
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $69.3m | Reduced -76.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 1.1m $68.9m | Added +773.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.08% of their portfolio | 1.1m $67.2m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 1.1m $67.2m | Reduced -11.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.1m $66.6m | Reduced -192.5k |
| BAILLIE GIFFORD & CO 0.05% of their portfolio | 871.0k $54.4m | Reduced -102.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 717.3k $46.3m | Reduced -281.7k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 712.8k $44.5m | Added +107.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 701.8k $43.8m | New |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 695.1k $43.4m | Reduced -90.3k |
| Amundi 0.01% of their portfolio | 658.4k $41.1m | Added +107.5k |
| Clal Insurance Enterprises Holdings Ltd 0.26% of their portfolio | 646.8k $40.4m | Reduced -300.0k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 581.3k $36.3m | Reduced -142.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 574.0k $35.9m | Reduced -483.2k |
| Polar Capital Holdings Plc 0.16% of their portfolio | 548.4k $34.3m | Added +18.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 542.8k $33.9m | Reduced -44.1k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 538.4k $33.6m | Added +533.8k |
| Legal & General Group Plc 0.01% of their portfolio | 534.6k $33.4m | Reduced -13.1k |
| Kinetic Partners Management, LP 1.49% of their portfolio | 490.4k $30.6m | Added +43.4k |
| LIGHT STREET CAPITAL MANAGEMENT, LLC 4.44% of their portfolio | 462.0k $28.9m | Reduced -117.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 461.0k $28.8m | Reduced -732.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 454.8k $28.4m | Added +11.6k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 435.0k $27.2m | Reduced -84.1k |
| CYPRESS POINT INVESTMENT MANAGEMENT LP 5.69% of their portfolio | 424.0k $26.5m | First filing |
| ALKEON CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 414.4k $25.9m | Reduced -300.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.09% of their portfolio | 411.4k $25.7m | Added +76.9k |
| Atreides Management, LP 0.54% of their portfolio | 404.3k $25.3m | Added +7.0k |
| STATE STREET CORP 0.00% of their portfolio | 401.1k $25.1m | Reduced -12.0k |
| Aberdeen Group plc 0.04% of their portfolio | 398.3k $24.9m | Reduced -211.4k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 390.6k $24.4m | Reduced -205.6k |
| ROYCE & ASSOCIATES LP 0.23% of their portfolio | 359.9k $22.5m | Reduced -18.0k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.55% of their portfolio | 358.0k $22.4m | Added +84.0k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 348.8k $21.8m | Reduced -470 |
| Artisan Partners Limited Partnership 0.03% of their portfolio | 344.2k $21.5m | Reduced -245.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 314.1k $19.6m | Added +92.1k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 312.1k $19.5m | Added +170.6k |
| ASHFORD CAPITAL MANAGEMENT INC 2.15% of their portfolio | 309.1k $19.3m | Reduced -290 |
| UBS Group AG 0.00% of their portfolio | 296.4k $18.5m | Added +221.2k |
| Migdal Insurance & Financial Holdings Ltd. 0.15% of their portfolio | 274.0k $17.1m | Unchanged |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.52% of their portfolio | 273.1k $17.1m | Reduced -27.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 268.9k $16.8m | Added +5.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 252.7k $15.8m | Reduced -285.6k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 248.4k $15.5m | Reduced -152.7k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 247.6k $15.5m | Added +105.9k |
| NZS Capital, LLC 0.45% of their portfolio | 236.2k $14.8m | New |
| HERALD INVESTMENT MANAGEMENT Ltd 1.87% of their portfolio | 230.0k $14.3m | Reduced -20.0k |
| BLAIR WILLIAM & CO/IL 0.04% of their portfolio | 224.4k $14.0m | Reduced -37.9k |
| Calamos Advisors LLC 0.06% of their portfolio | 223.7k $14.0m | Added +164.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 221.5k $13.8m | Reduced -30.3k |
| Swiss National Bank 0.01% of their portfolio | 195.6k $12.2m | Added +6.8k |
| J. Safra Sarasin Holding AG 0.20% of their portfolio | 193.5k $12.1m | Added +43.6k |
| SEGALL BRYANT & HAMILL, LLC 0.16% of their portfolio | 189.4k $11.8m | Reduced -166.6k |
| Robeco Schweiz AG 0.25% of their portfolio | 180.8k $11.3m | New |
| PDT Partners, LLC 0.71% of their portfolio | 176.3k $11.0m | Reduced -2 |
| SEI INVESTMENTS CO 0.01% of their portfolio | 174.3k $10.9m | Added +54.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 173.9k $10.9m | Added +19.4k |
| Walleye Capital LLC 0.06% of their portfolio | 163.1k $10.2m | Added +150.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 160.5k $10.0m | Reduced -3.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 159.1k $9.9m | Added +1.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 152.4k $9.5m | Reduced -14.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 151.7k $9.5m | Added +73.6k |
| PICTON MAHONEY ASSET MANAGEMENT 0.10% of their portfolio | 151.4k $9.5m | Added +2.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 150.7k $9.4m | Added +7.4k |
| Granahan Investment Management, LLC 0.40% of their portfolio | 150.6k $9.4m | Reduced -13.9k |
| Lisanti Capital Growth, LLC 2.14% of their portfolio | 144.4k $9.0m | Added +17.5k |
| Nuveen, LLC 0.00% of their portfolio | 142.4k $8.9m | Added +77.4k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.06% of their portfolio | 141.1k $8.8m | Reduced -74.0k |
| G2 Investment Partners Management LLC 2.02% of their portfolio | 135.5k $8.5m | Reduced -143.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 133.9k $8.4m | Reduced -611.5k |
| Prescott Group Capital Management, L.L.C. 0.75% of their portfolio | 130.0k $8.1m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 123.3k $7.7m | Reduced -168.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 112.9k $7.1m | Added +15.1k |