Vault-13

VALENS SEMICONDUCTOR LTD VLN

ORDINARY SHARES · Common Stock · CUSIP M9607U115

54 institutional holders +7 vs Q1 2026
39,830,15939.8m shares reported held*
$140.6mreported value*
19 new 19 added 7 reduced 12 sold out net bought ≈ $11.6m (+5.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $3.53. Options: 5 managers hold calls ($4.0m notional), 6 hold puts ($2.1m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 25Q4 22: 36Q1 23: 49Q2 23: 58Q3 23: 46Q4 23: 46Q1 24: 45Q2 24: 49Q3 24: 40Q4 24: 52Q1 25: 50Q2 25: 44Q3 25: 44Q4 25: 45Q1 26: 47Q2 26: 5454Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202225
Q4 202236
Q1 202349
Q2 202358
Q3 202346
Q4 202346
Q1 202445
Q2 202449
Q3 202440
Q4 202452
Q1 202550
Q2 202544
Q3 202544
Q4 202545
Q1 202647
Q2 202654

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 11 bought or addedQ3 24: 26 cut or sold outQ4 24: 31 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 24 cut or sold outQ2 25: 14 bought or addedQ2 25: 24 cut or sold outQ2 25Q3 25: 23 bought or addedQ3 25: 17 cut or sold outQ4 25: 21 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 25 bought or addedQ1 26: 22 cut or sold outQ2 26: 38 bought or addedQ2 26: 19 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241126
Q4 20243113
Q1 20252224
Q2 20251424
Q3 20252317
Q4 20252119
Q1 20262522
Q2 20263819

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 25 calls: $75.9kQ3 25 puts: $61.8kQ3 25P/C 0.81Q4 25 calls: $69.0kQ4 25 puts: $67.0kQ4 25P/C 0.97Q1 26 calls: $232.6kQ1 26 puts: $136.7kQ1 26P/C 0.59Q2 26 calls: $4.0mQ2 26 puts: $2.1mQ2 26P/C 0.53
Numbers
QuarterCallsPutsP/C
Q3 2025$75.9k$61.8k0.81
Q4 2025$69.0k$67.0k0.97
Q1 2026$232.6k$136.7k0.59
Q2 2026$4.0m$2.1m0.53

Biggest buyers

STATE STREET CORP New +2,213,690+2.2m
TWO SIGMA INVESTMENTS, LP Added +788,163+788.2k
JANE STREET GROUP, LLC Added +590,961+591.0k
PEAK6 LLC New +579,788+579.8k
MARSHALL WACE, LLP Added +572,762+572.8k
Mitsubishi UFJ Asset Management Co., Ltd. New +524,116+524.1k
ARK Investment Management LLC Added +364,082+364.1k
HRT FINANCIAL LP New +243,406+243.4k
AMERIPRISE FINANCIAL INC Added +186,000+186.0k
Qube Research & Technologies Ltd Added +176,274+176.3k

Biggest sellers

MEITAV INVESTMENT HOUSE LTD Sold out -1,074,243-1.1m
Penn Capital Management Company, LLC Sold out -270,802-270.8k
MILLENNIUM MANAGEMENT LLC Reduced -239,502-239.5k
ENVESTNET ASSET MANAGEMENT INC Sold out -133,760-133.8k
&PARTNERS Sold out -133,760-133.8k
OPPENHEIMER & CO INC Sold out -76,982-77.0k
MORGAN STANLEY Reduced -70,897-70.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -52,178-52.2k
NORTHERN TRUST CORP Reduced -46,198-46.2k
EFG International AG Sold out -40,000-40.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.1m1.4m shares
TUDOR INVESTMENT CORP ET AL New $288.4k127.6k shares
Caption Management, LLC Added $242.0k107.1k shares
JANE STREET GROUP, LLC New $182.2k80.6k shares
CITADEL ADVISORS LLC Reduced $135.6k60.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $920.3k407.2k shares
JANE STREET GROUP, LLC New $350.8k155.2k shares
CITADEL ADVISORS LLC Added $298.5k132.1k shares
GROUP ONE TRADING LLC Added $218.1k96.5k shares
IMC-Chicago, LLC Added $178.1k78.8k shares
SIMPLEX TRADING, LLC Added $152.6k67.5k 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
Value Base Ltd. 13D · may seek influence +1.4 pts · filed 2025-11-24
Stated purposeItem 4 of the Schedule 13D is amended to add the following: In consideration for Mr. Yaacobi's services as a director, the Issuer made certain equity grants to Mr. Yaacobi on March 12, 2025 through a company wholly-owned by Mr. Yaacobi. These equity grants were as follows: (1) A total of 35,689 options to purchase Ordinary Shares of the Issuer (the "Options"), granted pursuant to the Issuer's 2021 Share Incentive Plan. The Options have an exercise price of U.S. $2.410 and vest over one year in equal quarterly installments, beginning on April 15, 2025. The Options do not have voting rights, cannot be transferred and, prior to vesting, will terminate upon termination of service to the Issuer. (2) A total of 25,630 restricted stock units of the Issuer (the "RSUs"), granted pursuant to the… Full filing
20.8% +1.4 pts 21.3m≈ $48.1m 2025-11-24

Insider purchases and sales since 1 Apr 2026

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)

BuyingSelling
10010Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 1 sellingQ1 26Q2 26: 0 buyingQ2 26: 6 sellingQ3 26: 0 buyingQ3 26: 3 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—1$1.6k—
Q2 20260—6$359.3k$266.3k
Q3 20260—3$24.3k$13.7k
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-07 Rozenberg Haine Yael VP Finance Sold plan 625 $1.70 $1.1k625 shares -0%
2026-07-23 Rozenberg Haine Yael VP Finance Sold plan 2,750 $1.73 $4.8k2.8k shares -2%
2026-07-22 Rozenberg Haine Yael VP Finance Sold plan 3,125 $1.71 $5.3k3.1k shares -2%
2026-07-20 Rozenberg Haine Yael VP Finance Sold plan 1,458 $1.71 $2.5k1.5k shares -1%
2026-07-14 LICHTMAN MOSHE Director · Held by NGR Ltd. An entity wholly owned by the reporting person Sold 3,750 $2.01 $7.5k3.8k shares -3%
2026-07-14 Yaacobi Tal Director Sold 3,750 $2.01 $7.5k3.8k shares -5%
2026-07-01 Yaacobi Tal Director Sold 1,400 $2.22 $3.1k1.4k shares -2%
2026-06-15 Rozenberg Haine Yael VP Finance Sold plan 18,827 $2.35 $44.3k18.8k shares -12%
2026-06-15 Chairman David SVP, R&D Sold plan 4,000 $2.43 $9.7k4.0k shares -1%
2026-05-29 Yarel - Toledano Adi Director Sold plan 17,225 $3.53 $60.8k17.2k shares -10%
2026-05-29 Boim Amir SVP, Operations and PMO Sold plan 8,507 $3.55 $30.2k8.5k shares -2%
2026-05-28 Yarel - Toledano Adi Director Sold plan 5,100 $3.50 $17.9k5.1k shares -3%
2026-05-28 Boim Amir SVP, Operations and PMO Sold plan 1,431 $3.50 $5.0k1.4k shares -<1%
2026-05-13 Yarel - Toledano Adi Director Sold plan 19,179 $3.02 $57.9k19.2k shares -10%
2026-05-13 Chairman David SVP, R&D Sold plan 4,000 $2.98 $11.9k4.0k shares -1%
2026-05-08 Chairman David SVP, R&D Sold plan 4,000 $2.54 $10.2k4.0k shares -1%
2026-04-30 Yarel - Toledano Adi Director Sold 38,358 $2.28 $87.5k38.4k shares -17%
2026-04-23 Chairman David SVP, R&D Sold plan 3,600 $1.67 $6.0k3.6k shares -1%
2026-04-22 Chairman David SVP, R&D Sold plan 400 $1.65 $660400 shares -<1%
2026-04-16 LICHTMAN MOSHE Director · Held by NGR Ltd. An entity wholly owned by the reporting person Sold 3,750 $1.47 $5.5k3.8k shares -3%
2026-04-16 Yaacobi Tal Director Sold 3,750 $1.47 $5.5k3.8k shares -5%
2026-04-16 Chairman David SVP, R&D Sold plan 2,384 $1.50 $3.6k2.4k shares -1%
2026-04-15 Chairman David SVP, R&D Sold plan 5,616 $1.47 $8.2k5.6k shares -1%

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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Value Base Ltd. 29.92% of their portfolio Tel Aviv, L3 21,491,92221.5m $48.6m $48.6m 29.92% Added +11.8k +11,763
2 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 2,401,1432.4m $5.4m $5.4m 0.00% Added +572.8k +572,762
3 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,213,6902.2m $5.0m $5.0m 0.00% New
4 Clal Insurance Enterprises Holdings Ltd 0.02% of their portfolio Tel-aviv, L3 1,984,5372.0m $4.5m $4.5m 0.02% Unchanged
5 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,682,0421.7m $3.8m $3.8m 0.00% Added +186.0k +186,000
6 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 1,468,2291.5m $3.3m $3.3m 0.00% Added +156.5k +156,529
7 ARK Investment Management LLC 0.02% of their portfolio ST. PETERSBURG, FL 1,412,5701.4m $3.2m $3.2m 0.02% Added +364.1k +364,082
8 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 971,883971.9k $2.2m $2.2m 0.00% Added +788.2k +788,163
9 HERALD INVESTMENT MANAGEMENT Ltd 0.29% of their portfolio LONDON, X0 950,000950.0k $2.1m $2.1m 0.29% Unchanged
10 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 697,804697.8k $1.6m $1.6m 0.00% Reduced -239.5k -239,502
11 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 602,786602.8k $1.4m $1.4m 0.00% Added +591.0k +590,961
12 PEAK6 LLC 0.03% of their portfolio AUSTIN, TX 579,788579.8k $1.3m $1.3m 0.03% New
13 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 524,116524.1k $1.2m $1.2m 0.00% New
14 Phoenix Financial Ltd. 0.01% of their portfolio Givatayim, L3 336,785336.8k $761.1k $761.1k 0.01% Unchanged
15 Man Group plc 0.00% of their portfolio LONDON, X0 262,400262.4k $593.0k $593.0k 0.00% Added +146.3k +146,257
16 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 243,406243.4k $550.0k $550.0k 0.00% New
17 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 193,439193.4k $437.2k $437.2k 0.00% Added +176.3k +176,274
18 Migdal Insurance & Financial Holdings Ltd. 0.00% of their portfolio Petach Tikva, L3 179,616179.6k $405.9k $405.9k 0.00% Unchanged
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 178,353178.4k $403.1k $403.1k 0.00% Reduced -46.2k -46,198
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 175,614175.6k $396.9k $396.9k 0.00% Added +107.7k +107,692
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 131,480131.5k $297.1k $297.1k 0.00% Reduced -70.9k -70,897
22 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 99,64499.6k $225.2k $225.2k 0.00% Added +24.6k +24,553
23 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 98,53798.5k $222.7k $222.7k 0.00% New
24 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 95,00795.0k $214.7k $214.7k 0.00% New
25 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 94,08694.1k $212.6k $212.6k 0.00% Added +57.2k +57,219
26 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 83,58883.6k $188.9k $188.9k 0.00% New
27 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 83,00583.0k $188.0k $188.0k 0.01% New
28 Centiva Capital, LP 0.01% of their portfolio New York, NY 80,64680.6k $182.3k $182.3k 0.01% Added +58.9k +58,865
29 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 70,05470.1k $158.3k $158.3k 0.00% Added +65.2k +65,150
30 St. Louis Trust Co 5.23% of their portfolio SAINT LOUIS, MO 58,77458.8k $50.7m $50.7m 5.23% Unchanged
31 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 54,50854.5k $123.2k $123.2k 0.00% Reduced -9.5k -9,459
32 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 45,63845.6k $103.1k $103.1k 0.00% Reduced -23.0k -22,991
33 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 43,45843.5k $98.2k $98.2k 0.00% Unchanged
34 AXQ CAPITAL, LP 0.01% of their portfolio JERSEY CITY, NJ 37,97338.0k $85.8k $85.8k 0.01% New
35 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 33,30133.3k $75.3k $75.3k 0.00% Unchanged
36 Caption Management, LLC 0.00% of their portfolio OKLAHOMA CITY, OK 23,00223.0k $52.0k $52.0k 0.00% New
37 T3 Companies, LLC 0.06% of their portfolio NEW YORK, NY 22,50022.5k $50.9k $50.9k 0.06% New
38 SIG BROKERAGE, LP 0.01% of their portfolio BALA CYNWYD, PA 19,95420.0k $45.1k $45.1k 0.01% New
39 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 19,80819.8k $44.8k $44.8k 0.00% New
40 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 17,50017.5k $39.5k $39.5k 0.00% New
41 Founders Capital Management 0.01% of their portfolio HOUSTON, TX 14,00014.0k $31.6k $31.6k 0.01% Unchanged
42 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 13,39613.4k $30.3k $30.3k 0.00% Reduced -362 -362
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,37510.4k $23.4k $23.4k 0.00% Reduced -52.2k -52,178
44 BlackRock, Inc. 0.00% of their portfolio New York, NY 7,5767.6k $17.1k $17.1k 0.00% Unchanged
45 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,4655.5k $12.3k $12.3k 0.00% Added +3.1k +3,120
46 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 3,7663.8k $8.5k $8.5k 0.00% Added +3.0k +3,041
47 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,1343.1k $7.1k $7.1k 0.00% Added +2.9k +2,895
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,8052.8k $6.0k $6.0k 0.00% New
49 Lodestone Wealth Management LLC 0.00% of their portfolio SPOKANE, WA 2,5002.5k $5.7k $5.7k 0.00% New
50 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,5331.5k $3.3k $3.3k 0.00% Added +370 +370
51 Quarry LP 0.00% of their portfolio NEW YORK, NY 1,2371.2k $2.8k $2.8k 0.00% New
52 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 1,0161.0k $2.3k $2.3k 0.00% Added +1.0k +1,012
53 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 455455 $901 $901 0.00% New
54 Beaird Harris Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 315315 $712 $712 0.00% New