13FPulse
FR

FROG JFrog Ltd.

2026Q2 · CUSIP M6191J100 · Enterprise Software · Sector: Technology

Piling in

Net holder growth ranks near the top of the market

Funds that own it
406
Institutions that reported holding it to the SEC
Net increase in holders
+82
Last quarter 324 → now 406
How unusual is that
Top 5%
Stronger buying than 98% of US stocks
What the filings say, in one paragraph

406 funds held FROG at the end of 2026Q2, up 82 from the quarter before. That is stronger buying than 97.5% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $600M(YoY +26.4%), return on equity is -4.6%. FROG has had 9 buying rushes in its history. It sits in the Technology sector, tagged Enterprise Software.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2020Q4: holders=143 2021Q1: holders=162 2021Q2: holders=149 2021Q3: holders=159 2021Q4: holders=176 2022Q1: holders=173 2022Q2: holders=167 2022Q3: holders=164 2022Q4: holders=175 2023Q1: holders=178 2023Q2: holders=184 2023Q3: holders=214 2023Q4: holders=240 2024Q1: holders=272 2024Q2: holders=263 2024Q3: holders=243 2024Q4: holders=248 2025Q1: holders=274 2025Q2: holders=293 2025Q3: holders=311 2025Q4: holders=332 2026Q1: holders=324 2026Q2: holders=406 -82 -41 +0 +41 +82 128278427 20Q421Q221Q422Q222Q423Q223Q424Q224Q425Q225Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 9 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5%
2025Q3 Top 20%
2025Q2 Top 20%
2025Q1 Top 10%
2024Q1 Top 10%
2023Q3 Top 5%
2021Q3 Top 20%
2021Q1 Top 20%
2020Q4 Top 20%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
194
Change in large funds
+39
Total value they hold
$10.3B
Funds buying for the first time
137
Funds that sold out entirely
55
Price change that quarter
Funds holding puts (bearish)
11
Funds holding calls (bullish)
14

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.37
EPS YoY
Revenue (TTM)
$0.6B
Revenue YoY
+26.4%
Net margin
-7.3%
ROE
-4.6%
Debt ratio
35.5%
FCF (TTM)
$170M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -0.21 2021-12-31: EPS -0.24 2022-03-31: EPS -0.20 2022-06-30: EPS -0.24 2022-09-30: EPS -0.24 2022-12-31: EPS -0.23 2023-03-31: EPS -0.21 2023-06-30: EPS -0.15 2023-09-30: EPS -0.13 2023-12-31: EPS -0.10 2024-03-31: EPS -0.08 2024-06-30: EPS -0.13 2024-09-30: EPS -0.21 2024-12-31: EPS -0.21 2025-03-31: EPS -0.16 2025-06-30: EPS -0.19 2025-09-30: EPS -0.14 2025-12-31: EPS -0.13 2026-03-31: EPS -0.07 2026-06-30: EPS -0.03 0M 82M 164M $M -0.26 -0.13 0.00 2019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
-19M16M50M 20192020202120222023202420252026
Latest quarter $37M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.