CADIAN CAPITAL MANAGEMENT, LP: VARONIS SYS INC (VRNS): Quarterly 13F Position History
As of Q2 2026, CADIAN CAPITAL MANAGEMENT, LP reported 1,585,693 shares of VARONIS SYS INC (VRNS), worth $66.5M and representing 5.0% of its 13F equity book. Quarter-over-quarter share count change: + 1,585,693 (re-initiated) . The position first appeared in Q2 2016 and has been disclosed across 41 13F-HR filings in Pactolio's tracked window.
- 1,585,693Shares Held (Latest Filing)
- $66.5MReported Market Value (Latest Filing)
- 5.0%Portfolio Weight (% of 13F Equity Book)
- +1,585,693Quarter-over-Quarter Share Change
- +$66.5MQuarter-over-Quarter Value Change
- 3,992,029Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,585,693 | +1,585,693 | – | $66.5M | 5.0% | $42.0 |
| Q1 2026 | 0 | 2,282,581 | -100.0% | $0 | 0.0% | – |
| Q4 2025 | 2,282,581 | +466,481 | +25.7% | $74.9M | 5.4% | $32.8 |
| Q3 2025 | 1,816,100 | +1,816,100 | – | $104.4M | 6.2% | $57.5 |
| Q2 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2024 | 0 | 3,801,242 | -100.0% | $0 | 0.0% | – |
| Q2 2024 | 3,801,242 | 190,787 | -4.8% | $182.3M | 9.1% | $48.0 |
| Q1 2024 | 3,992,029 | +840,849 | +26.7% | $188.3M | 6.7% | $47.2 |
| Q4 2023 | 3,151,180 | 423,154 | -11.8% | $142.7M | 5.7% | $45.3 |
| Q3 2023 | 3,574,334 | +919,334 | +34.6% | $109.2M | 4.4% | $30.5 |
| Q2 2023 | 2,655,000 | +715,000 | +36.9% | $70.8M | 3.3% | $26.6 |
| Q1 2023 | 1,940,000 | 436,134 | -18.4% | $50.5M | 3.1% | $26.0 |
| Q4 2022 | 2,376,134 | +1,884,524 | +383.3% | $56.9M | 4.1% | $23.9 |
| Q3 2022 | 491,610 | +491,610 | – | $13.0M | 0.8% | $26.5 |
| Q2 2022 | 0 | 250,200 | -100.0% | $0 | 0.0% | – |
| Q1 2022 | 250,200 | +250,200 | – | $11.9M | 0.6% | $47.5 |
| Q4 2021 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2021 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2021 | 0 | 346,386 | -100.0% | $0 | 0.0% | – |
| Q1 2021 | 346,386 | 671,036 | -66.0% | $17.8M | 0.7% | $51.3 |
| Q4 2020 | 1,017,422 | 1,293,182 | -56.0% | $166.5M | 4.3% | $163.6 |
| Q3 2020 | 2,310,604 | 271,040 | -10.5% | $266.7M | 8.7% | $115.4 |
| Q2 2020 | 2,581,644 | +261,029 | +11.2% | $228.4M | 9.5% | $88.5 |
| Q1 2020 | 2,320,615 | +445,561 | +23.8% | $147.8M | 7.3% | $63.7 |
| Q4 2019 | 1,875,054 | 20,937 | -1.1% | $145.7M | 6.4% | $77.7 |
| Q3 2019 | 1,895,991 | +906,438 | +91.6% | $113.3M | 5.4% | $59.8 |
| Q2 2019 | 989,553 | +487,453 | +97.1% | $61.3M | 2.8% | $61.9 |
| Q1 2019 | 502,100 | +502,100 | – | $29.9M | 1.2% | $59.6 |
| Q4 2018 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2018 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2018 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2018 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2017 | 0 | 2,134,043 | -100.0% | $0 | 0.0% | – |
| Q3 2017 | 2,134,043 | 269,335 | -11.2% | $89.4M | 4.2% | $41.9 |
| Q2 2017 | 2,403,378 | +630,374 | +35.6% | $89.4M | 4.4% | $37.2 |
| Q1 2017 | 1,773,004 | +518,669 | +41.4% | $56.4M | 2.7% | $31.8 |
| Q4 2016 | 1,254,335 | +95,842 | +8.3% | $33.6M | 1.8% | $26.8 |
| Q3 2016 | 1,158,493 | 26,468 | -2.2% | $34.9M | 1.8% | $30.1 |
| Q2 2016 | 1,184,961 | – | – | $28.5M | 1.6% | $24.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did CADIAN CAPITAL MANAGEMENT, LP first disclose a VRNS position in 13F-HR filings?
CADIAN CAPITAL MANAGEMENT, LP first reported VARONIS SYS INC (VRNS) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was CADIAN CAPITAL MANAGEMENT, LP's most recent quarter-over-quarter share-count change in VRNS?
Between Q1 2026 and Q2 2026, CADIAN CAPITAL MANAGEMENT, LP added 1,585,693 shares of VRNS (re-initiated), bringing the total reported position to 1,585,693 shares at a market value of $66.5M.
Does the implied price-per-share represent CADIAN CAPITAL MANAGEMENT, LP's cost basis in VRNS?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.