Radware (RDWR): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
1 concentrated manager holds it with a median weight of 3.7%. 1 officer or director bought in 6 months.
Who owns Radware?
Holders reporting more than 5% of the shares to the SEC (Schedules 13D/13G): Morgan Stanley, 5.7% (13G/A filed Aug 12, 2026), Artisan Partners Limited Partnership, 5.5% (13G/A filed Aug 13, 2026), Legal & General Group, 5.4% (13G filed May 8, 2026), Roy Zisapel, 5.1% (13G filed Apr 24, 2025) and Amplify Cybersecurity ETF, a series of the Amplify ETF Trust, 5.1% (13G filed Nov 14, 2025). As of Jun 30, 2026, the largest holders reported on Form 13F were Senvest Management (9.4% of the shares), Penserra Capital Management (6.3%) and Morgan Stanley (5.6%).
Which institutions hold the most Radware shares?
Per Form 13F filings as of Jun 30, 2026, as a share of all shares outstanding:
- 1. Senvest Management: 9.4%
- 2. Penserra Capital Management: 6.3%
- 3. Morgan Stanley: 5.6%
- 4. Artisan Partners Limited Partnership: 5.5%
- 5. Legal & General Group: 5.4%
- 6. Acadian Asset Management: 3.9%
- 7. BlackRock: 3.9%
- 8. Neuberger Berman Group: 3.8%
- 9. Renaissance Technologies: 3.0%
- 10. Mirae Asset Global Etfs Holdings: 1.9%
How much of Radware do institutions own?
The 134 institutions that file 13F reported 70.1% of the shares as of Jun 30, 2026 (not counting 1 position with implausible figures).
Sources:13G/A by Morgan Stanley (Aug 12, 2026) ↗13G/A by Artisan Partners Limited Partnership (Aug 13, 2026) ↗13G by Legal & General Group (May 8, 2026) ↗13G by Roy Zisapel (Apr 24, 2025) ↗13G by Amplify Cybersecurity ETF, a series of the Amplify ETF Trust (Nov 14, 2025) ↗All of the company's proxy statements on EDGAR ↗
13F percentages divide the shares each institution reports by the shares outstanding on the cover of the company's latest report before the quarter end (Dec 31, 2025). Entities of the same group file separately and are not added up. We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Radware revenue
Radware reported annual revenue of $301.9 million for fiscal year 2025 (year ended December 31, 2025), according to its Form 20-F filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Change in managers (1 → 1): 0 opened · 0 exited = 0
Net flow in the quarter: $0K (0 shares) · bought $0 and sold $0Shares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
Concentrated managers holding it
- Senvest Management$125M3.7%
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Largest holders of RDWR (all 13F filers)
- Senvest Managementconcentrated4.0 MInvestment firm · 9.38% of the company0
- Penserra Capital Management2.7 MType not verified · 6.31% of the company−223 K
- Morgan Stanley2.4 MBank or trading desk · 5.59% of the company−642 K
- Artisan Partners Limited Partnership2.4 MInvestment firm · 5.50% of the company−375 K
- Legal & General Group2.3 MIndex manager · 5.38% of the company+24 K
- Acadian Asset Management1.7 MQuant or multi-manager · 3.93% of the company−15 K
- BlackRock1.7 MIndex manager · 3.87% of the company+138 K
- Neuberger Berman Group1.6 MInvestment firm · 3.82% of the company+79 K
- Renaissance Technologies1.3 MQuant or multi-manager · 2.96% of the company−111 K
- Mirae Asset Global Etfs Holdings838 KIndex manager · 1.94% of the company−68 K
- Senvest Managementconcentrated
- Shares
- 4.0 M
- Change
- 0
- % of the company
- 9.38%
See more
- Type
- Investment firm
- Value
- $125M
- Shares
- 2.7 M
- Change
- −223 K
- % of the company
- 6.31%
See more
- Type
- Type not verified
- Value
- $84.0M
- Shares
- 2.4 M
- Change
- −642 K
- % of the company
- 5.59%
See more
- Type
- Bank or trading desk
- Value
- $74.5M
- Shares
- 2.4 M
- Change
- −375 K
- % of the company
- 5.50%
See more
- Type
- Investment firm
- Value
- $73.3M
- Shares
- 2.3 M
- Change
- +24 K
- % of the company
- 5.38%
See more
- Type
- Index manager
- Value
- $71.6M
- Shares
- 1.7 M
- Change
- −15 K
- % of the company
- 3.93%
See more
- Type
- Quant or multi-manager
- Value
- $52.3M
- Shares
- 1.7 M
- Change
- +138 K
- % of the company
- 3.87%
See more
- Type
- Index manager
- Value
- $51.6M
- Shares
- 1.6 M
- Change
- +79 K
- % of the company
- 3.82%
See more
- Type
- Investment firm
- Value
- $50.7M
- Shares
- 1.3 M
- Change
- −111 K
- % of the company
- 2.96%
See more
- Type
- Quant or multi-manager
- Value
- $39.4M
- Shares
- 838 K
- Change
- −68 K
- % of the company
- 1.94%
See more
- Type
- Index manager
- Value
- $25.8M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Held by institutions (13F)
Institutions (13F): 70.1% of the shares · top 10: 48.7% · in index firms: 18.6% of the institutional total
Q2 2026: 70.1%
Shares reported by the 134 13F filers as of Jun 30, 2026 (not counting 1 position with implausible figures), divided by the shares outstanding on the cover of the company's latest report (Dec 31, 2025). It is not all institutional ownership: only managers above $100M file a 13F, and it excludes short positions. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. We only publish it where the figure is credible: not for ADRs, companies with more than one share class or stale shares-outstanding data.
Fundamentals
12-month figures to Dec 31, 2025 · balance sheet as of Dec 31, 2025.
- Operating margin
- 3.8%
- Net margin
- 6.7%
- ROE
- 5.8%
- Revenue (TTM)
- $302M
- Revenue growth
- 9.8%
- Net income (TTM)
- $20.3M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- $41.6M
- Quality vs sector
- 39/100
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2025: 44.7 M
- 1 year
- +3.1%
- 3 years
- −0.5%
- 5 years
- −6.4%
- Buybacks (FY 2025)
- $10.5M
- Share issuance
- no data
- Stock-based compensation
- $24.0M8.0% of revenue
- Dividends paid
- no data
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
43.7% of net income does not come from operations.
- Operating cash flow ÷ net income (12 months)
- 2.47
- Interest coverage (operating income ÷ interest)
- no data
- Debt due within 12 months
- no data
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
- Artisan Partners Limited Partnership5.5%13G · amendmentfiling ↗Event: Jun 30, 2026 · filed: Aug 13, 2026
- Morgan Stanley5.7%13G · amendmentfiling ↗Event: Jun 30, 2026 · filed: Aug 12, 2026
- Morgan Stanley7.2%13G · amendmentfiling ↗Event: Mar 31, 2026 · filed: May 12, 2026
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
This company filed no 8-K forms in the last year. Foreign companies listed in the US (ADRs) report material events on forms 6-K and 20-F, and ETFs and funds do not file 8-Ks. If it is a foreign company listed in the US through ADRs (American Depositary Receipts), what trades are bank-issued certificates that represent shares from its home market. See its filings on EDGAR ↗
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