Fund Exits $40.9 Million Position in FROG, According to Latest SEC Filing

3 days ago 10

Jake Lerch, The Motley Fool

Wed, February 18, 2026 astatine 9:13 AM CST 4 min read

On February 13, 2026, Shannon River Fund Management LLC disclosed successful a U.S. Securities and Exchange Commission filing that it sold retired of JFrog (NASDAQ:FROG), with the estimated transaction worth astir $40.89 cardinal based connected quarterly mean pricing.

Shannon River Fund Management LLC reported successful a Securities and Exchange Commission (SEC) filing dated February 13, 2026, that it sold 863,924 shares of JFrog implicit the quarter. The estimated transaction worth was astir $40.89 million, calculated utilizing the quarterly mean price. The fund’s quarter-end involvement successful JFrog fell to zero, and the position’s valuation dropped by $40.89 million, which includes some trading enactment and banal terms movement.

The money sold retired of JFrog; its involvement present represents nary of 13F assets nether management.

Top holdings aft the filing:

NASDAQ:TSEM: $70.78 cardinal (11.1% of AUM)
NASDAQ:PEGA: $62.04 cardinal (9.7% of AUM)
NYSE:U: $47.06 cardinal (7.4% of AUM)
NYSE:LYV: $36.40 cardinal (5.7% of AUM)
NASDAQ:MRVL: $32.10 cardinal (5.0% of AUM)

As of February 13, 2026, shares of JFrog were priced astatine $51.68, up 37.0% implicit the past year, outperforming the S&P 500 by 25.25 percent points.

The presumption had antecedently made up 6.6% of the fund’s reported assets arsenic of the anterior quarter.

Metric

Value

Price (as of marketplace adjacent February 13, 2026)	$51.68
Market Capitalization	$6.11 billion
Revenue (TTM)	$531.84 million
Net Income (TTM)	($71.82 million)

Offers a broad DevOps platform, including JFrog Artifactory (package repository), JFrog Pipelines (CI/CD automation), and JFrog Xray (security scanning), with further solutions for bundle organisation and instrumentality management.
Offers tiered merchandise offerings targeting endeavor scalability and ongoing updates for bundle proviso concatenation management.
Serves technology, fiscal services, retail, healthcare, and telecommunications organizations requiring secure, scalable bundle proviso concatenation management.

JFrog is simply a starring supplier of DevOps solutions, enabling organizations to automate, secure, and negociate bundle releases astatine scale. With a beardown absorption connected enterprise-grade show and security, the institution leverages a subscription exemplary to thrust recurring gross and lawsuit retention. Its level is recognized for supporting analyzable bundle proviso chains crossed divers industries, positioning JFrog arsenic a strategical spouse successful modern exertion development.

Shannon River, a New York-based hedge fund, precocious sold astir $40.9 cardinal worthy of JFrog banal during the 4th fourth of 2025 (the 3 months ending connected Dec 31, 2025). Here’s what investors request to cognize astir JFrog and this sale.

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