JFrog Ltd.

FROG • NASDAQ

JFrog Ltd. is a software - application company in the technology sector on NASDAQ, led by Shlomi Ben Haim, with a market cap of $6.9B. As of Q3 2025, 72% of shares are held by 302 institutional investors, with VANGUARD GROUP INC as the largest holder at 7.83%.

CEOShlomi Ben Haim

Market Cap$6.9B

Software - Application

Technology

Employees1.4K

Websitejfrog.com

Country

United States of America

Overview

Overview of institutional ownership in FROG as of Q3 2025 with a market cap of $5.5B

All Institutions

Institutions: 302
Value Held: $4.0B
Shares Held: 83.7M
Avg Position: $13.1M
Median Position: $1.5M

Hedge Funds

Hedge Funds: 52
Value Held: $794.9M
Shares Held: 16.8M
Avg Position: $15.3M
Median Position: $4.7M

Ownership Breakdown

Institutional (non-HF)

57.32%

$3.2B

Hedge Funds

14.39%

$794.9M

Retail & Other

28.3%

$1.6B

Based on market cap of $5.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FROG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$432.7M 0.01% of portfolio	7.83% 9.1M shares	Q3 2020 Held for 5y 3m	$6.69T
Optimus Prime Fund Management Co., Ltd. RIA/Wealth	John Christian Gesek Managing Partner	$222.5M 19.71% of portfolio	4.03% 4.7M shares	Q4 2020 Held for 5 years	$1.1B
W Whale Rock Capital Management LLC Hedge Fund•Long/Short	Alexander Corrado Sacerdote CEO	$137.7M 1.62% of portfolio	2.49% 2.9M shares	Q2 2025 Held for 6 months	$8.5B
TimesSquare Capital Management, LLC Long Only Manager	Grant Richard Babyak CEO	$137.1M 1.95% of portfolio	2.48% 2.9M shares	Q3 2020 Held for 5y 3m	$7.0B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$128.3M 0.69% of portfolio	2.32% 2.7M shares	Q3 2022 Held for 3y 3m	$18.6B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$116.5M 0.07% of portfolio	2.11% 2.5M shares	Q4 2023 Held for 2 years	$161.58B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$97.0M 0.01% of portfolio	1.76% 2.0M shares	Q3 2025 Held for 3 months	$912.31B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$89.6M 0.03% of portfolio	1.62% 1.9M shares	Q3 2024 Held for 1y 3m	$317.45B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	David Allen Lippe CEO	$86.0M 0.11% of portfolio	1.56% 1.8M shares	Q3 2021 Held for 4y 3m	$75.8B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$78.5M 0.01% of portfolio	1.42% 1.7M shares	Q4 2020 Held for 5 years	$556.34B

Net Capital Flow

Institutional buying and selling activity for FROG in Q3 2025

Traded: +$218.1M
Buyers: 158
Sellers: 131
Total Bought: +$871.8M
Total Sold: −$653.6M
Avg Position: $11.8M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$97.0M +2.0M shares	$97.0M 2.0M shares
LORD, ABBETT & CO. LLC Long Only Manager	+$57.4M +1.2M shares	$57.4M 1.2M shares
W Whale Rock Capital Management LLC Hedge Fund•Long/Short	+$56.5M +1.2M shares	$137.7M 2.9M shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$52.9M +1.1M shares	$56.1M 1.2M shares
S Sumitomo Mitsui Trust Holdings, Inc. Institution	+$51.4M +1.1M shares	$51.4M 1.1M shares
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	+$42.3M +892.8K shares	$42.3M 892.8K shares
S Shannon River Fund Management CO LLC Hedge Fund•Long/Short	+$30.6M +647.1K shares	$40.9M 863.9K shares
LOOMIS SAYLES & CO L P Long Only Manager	+$28.7M +605.5K shares	$28.7M 605.5K shares
A Amundi Institution	+$24.8M +512.1K shares	$26.7M 550.9K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	+$23.7M +500.1K shares	$50.0M 1.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$96.0M −2.0M shares	$34.3M 724.1K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$81.1M −1.8M shares	Sold Off 0 shares
C Champlain Investment Partners, LLC Long Only Manager	−$54.4M −1.2M shares	Sold Off 0 shares
Hood River Capital Management LLC Long Only Manager	−$46.1M −1.1M shares	Sold Off 0 shares
A AXA Institution	−$35.5M −810.0K shares	Sold Off 0 shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	−$34.7M −790.8K shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$26.5M −559.7K shares	$63.6M 1.3M shares
TimesSquare Capital Management, LLC Long Only Manager	−$23.9M −505.3K shares	$137.1M 2.9M shares
Cercano Management LLC Family Office	−$22.9M −521.8K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$21.8M −459.5K shares	$35.3M 745.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FROG in Q3 2025

New Positions: 26
New Value: $136.6M
Exited Positions: 34
Exited Value: $332.8M

New Positions

Institution	Position Value
S Sumitomo Mitsui Trust Holdings, Inc. Institution	$51.4M 1.1M shares
Kinetic Partners Management, LP Hedge Fund•Long/Short	$21.2M 447.0K shares
Atreides Management, LP Hedge Fund•Long/Short	$18.8M 397.2K shares
T Thematics Asset Management Institution	$16.4M 346.7K shares
J. Safra Sarasin Holding AG Fund of Funds	$7.1M 149.8K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$4.6M 96.8K shares
P PUBLIC SECTOR PENSION INVESTMENT BOARD Institution	$3.2M 68.6K shares
W WILSON ASSET MANAGEMENT PTY LTD Institution	$3.1M 66.2K shares
D L CARLSON INVESTMENT GROUP INC RIA/Wealth	$3.0M 64.1K shares
SCALAR GAUGE MANAGEMENT, LLC Hedge Fund•Long/Short	$2.7M 58.0K shares

Exited Positions

Institution	Previous Position
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$81.1M 1.8M shares
C Champlain Investment Partners, LLC Long Only Manager	$54.4M 1.2M shares
Hood River Capital Management LLC Long Only Manager	$46.1M 1.1M shares
A AXA Institution	$35.5M 810.0K shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	$34.7M 790.8K shares
Cercano Management LLC Family Office	$22.9M 521.8K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$18.1M 413.2K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$13.3M 303.9K shares
F Flight Deck Capital, LP Hedge Fund	$5.3M 121.4K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$4.4M 101.4K shares

Options Activity

Institutions with the largest Call and Put options positions in FROG as of Q3 2025

Call Positions: 14
Call Value: $46.5M
Put Positions: 12
Put Value: $24.3M

Call Positions

Institution	Position Value
P PEAK6 LLC Institution	$12.7M 2.7K contracts
J JANE STREET GROUP, LLC Institution	$9.7M 2.1K contracts
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	$9.5M 2.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.4M 1.4K contracts
Walleye Trading LLC RIA/Wealth	$2.7M 578.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.4M 507.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.2M 243.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$1.2M 250.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$473.3K 100.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$213.0K 45.0 contracts

Put Positions

Institution	Position Value
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	$9.5M 2.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.0M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.2M 677.0 contracts
Walleye Trading LLC RIA/Wealth	$3.0M 640.0 contracts
P PEAK6 LLC Institution	$1.1M 222.0 contracts
W WOLVERINE TRADING, LLC Institution	$633.3K 128.0 contracts
J JANE STREET GROUP, LLC Institution	$591.6K 125.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$312.4K 66.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$23.7K 5.0 contracts
LEUCADIA NATIONAL CORP Institution	- - contracts

Most Committed Institutions

Institutions with FROG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Optimus Prime Fund Management Co., Ltd. RIA/Wealth	John Christian Gesek Managing Partner	19.71% $222.5M	4.03% 4.7M shares	Q4 2020 Held for 5 years	$1.1B
D Daventry Group, LP Hedge Fund•Long/Short	Andrew Lawrence Dantzig CEO	15.65% $22.1M	0.40% 467.1K shares	Q3 2024 Held for 1y 3m	$141.3M
Praesidium Investment Management Company, LLC Hedge Fund•Value	Kevin Sean Oram Managing Partner	13.81% $70.8M	1.28% 1.5M shares	Q1 2023 Held for 2y 9m	$512.7M
Grandeur Peak Global Advisors, LLC Long Only Manager	Blake Harold Walker CEO	7.99% $59.5M	1.08% 1.3M shares	Q4 2021 Held for 4 years	$745.4M
S Shannon River Fund Management CO LLC Hedge Fund•Long/Short	Spencer Marshal Waxman Managing Partner	6.58% $40.9M	0.74% 863.9K shares	Q2 2025 Held for 6 months	$621.2M
L LIGHT STREET CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Glen Thomas Kacher Founder	4.61% $27.4M	0.50% 579.3K shares	Q1 2023 Held for 2y 9m	$594.5M
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	Joshua M Goldberg Managing Partner	2.83% $13.2M	0.24% 279.4K shares	Q2 2025 Held for 6 months	$467.4M
Ararat Capital Management, LP Hedge Fund•Long/Short	Raffi Charles Tokatlian Managing Partner	2.42% $4.8M	0.09% 101.1K shares	Q3 2023 Held for 2y 3m	$197.8M
Bullseye Asset Management LLC Hedge Fund•Long/Short	William Hughes Bales Member	2.12% $4.0M	0.07% 85.5K shares	Q3 2020 Held for 5y 3m	$191.0M
TimesSquare Capital Management, LLC Long Only Manager	Grant Richard Babyak CEO	1.95% $137.1M	2.48% 2.9M shares	Q3 2020 Held for 5y 3m	$7.0B

Hedge Fund Spotlight

Discover hedge funds investing in FROG

Cinctive Capital Management LP

Hedge Fund • Multi-Strategy

Portfolio ManagerLawrence Joseph Sapanski

Portfolio Value: $2.0B
Positions: 376
Last Reported: Q3 2025

Sector Allocation

Position in JFrog Ltd.

Market Value: $13.2M
Shares Held: 278.9K
Portfolio Weight: 0.66%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Vistra VST	Independent Power Producers Utilities	$38.5M	1.92%
2 CyberArk Software CYBR	Software - Infrastructure Technology	$31.9M	1.59%
3 Ross Stores ROST	Apparel - Retail Consumer Cyclical	$31.5M	1.57%