Varonis Systems Inc (VRNS)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	11,702,641	$473,371,848	0.01%
2.	Pictet Asset Management Holding Sa	1,721,890	$69,699,836	0.08%
3.	Principal Financial Group Inc	1,604,709	$64,910,479	0.04%
4.	Stephens Investment Management Group Llc	1,604,558	$64,904,371	0.94%
5.	Phoenix Holdings Ltd.	1,482,287	$59,964,104	0.92%