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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F Institutional Ownership · NAVN

Navan Inc NASDAQ NMS - GLOBAL MARKET:NAVN

Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31.

113 new0 added0 reduced0 exited

New Positions(113)

ManagerSharesΔ SharesValueΔ Value% Δ
LIGHTSPEED MANAGEMENT COMPANY, L.L.C.49,921,454+49,921,454$852.7M+$852.7M
AH CAPITAL MANAGEMENT, L.L.C.27,195,364+27,195,364$464.5M+$464.5M
GREENOAKS CAPITAL PARTNERS LLC16,047,328+16,047,328$274.1M+$274.1M
COSMIC MANAGEMENT, LLC7,138,769+7,138,769$121.9M+$121.9M
Napean Trading & Investment Co (Singapore) PTE Ltd5,874,257+5,874,257$100.3M+$100.3M
WELLINGTON MANAGEMENT GROUP LLP5,556,071+5,556,071$94.9M+$94.9M
BlackRock, Inc.4,778,992+4,778,992$81.6M+$81.6M
VANGUARD GROUP INC3,328,317+3,328,317$56.8M+$56.8M
ALKEON CAPITAL MANAGEMENT LLC2,686,828+2,686,828$45.9M+$45.9M
VISTA EQUITY PARTNERS MANAGEMENT, LLC2,538,478+2,538,478$43.4M+$43.4M
Capital International Investors2,433,100+2,433,100$41.6M+$41.6M
Dragoneer Investment Group, LLC2,095,507+2,095,507$35.8M+$35.8M
NORGES BANK2,000,000+2,000,000$34.2M+$34.2M
JENNISON ASSOCIATES LLC1,826,419+1,826,419$31.2M+$31.2M
Schonfeld Strategic Advisors LLC1,311,263+1,311,263$22.4M+$22.4M
CITADEL ADVISORS LLC1,119,121+1,119,121$19.1M+$19.1M
GEODE CAPITAL MANAGEMENT, LLC1,064,850+1,064,850$18.2M+$18.2M
Balyasny Asset Management LLC931,157+931,157$15.9M+$15.9M
GOLDMAN SACHS GROUP INC770,544+770,544$13.2M+$13.2M
Freestone Grove Partners LP753,352+753,352$12.9M+$12.9M
STATE STREET CORP672,891+672,891$11.5M+$11.5M
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND600,000+600,000$10.2M+$10.2M
COATUE MANAGEMENT LLC599,280+599,280$10.2M+$10.2M
FRANKLIN RESOURCES INC593,638+593,638$10.1M+$10.1M
UBS Group AG534,243+534,243$9.1M+$9.1M
TEACHER RETIREMENT SYSTEM OF TEXAS500,000+500,000$8.5M+$8.5M
AMERIPRISE FINANCIAL INC432,041+432,041$7.4M+$7.4M
StepStone Group LP427,033+427,033$7.3M+$7.3M
J. Goldman & Co LP403,737+403,737$6.9M+$6.9M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC318,490+318,490$5.4M+$5.4M
LMR Partners LLP308,753+308,753$5.3M+$5.3M
D. E. Shaw & Co., Inc.300,072+300,072$5.1M+$5.1M
Burkehill Global Management, LP300,000+300,000$5.1M+$5.1M
Ghisallo Capital Management LLC300,000+300,000$5.1M+$5.1M
MARSHALL WACE, LLP293,491+293,491$5.0M+$5.0M
READYSTATE ASSET MANAGEMENT LP280,403+280,403$4.8M+$4.8M
NORTHERN TRUST CORP274,603+274,603$4.7M+$4.7M
MORGAN STANLEY274,399+274,399$4.7M+$4.7M
Cinctive Capital Management LP273,306+273,306$4.7M+$4.7M
SUSQUEHANNA INTERNATIONAL GROUP, LLP253,353+253,353$4.3M+$4.3M
ExodusPoint Capital Management, LP245,864+245,864$4.2M+$4.2M
Woodline Partners LP200,678+200,678$3.4M+$3.4M
Alberta Investment Management Corp200,000+200,000$3.4M+$3.4M
Lunate Capital Ltd200,000+200,000$3.4M+$3.4M
MILLENNIUM MANAGEMENT LLC194,606+194,606$3.3M+$3.3M
Squarepoint Ops LLC150,000+150,000$2.6M+$2.6M
SCOGGIN MANAGEMENT LP135,000+135,000$2.3M+$2.3M
Board of Trustees of The Leland Stanford Junior University110,554+110,554$1.9M+$1.9M
Walleye Capital LLC110,533+110,533$1.9M+$1.9M
Point72 Asset Management, L.P.100,000+100,000$1.7M+$1.7M
Laurion Capital Management LP100,000+100,000$1.7M+$1.7M
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND100,000+100,000$1.7M+$1.7M
SEVEN GRAND MANAGERS, LLC100,000+100,000$1.7M+$1.7M
Bank of New York Mellon Corp84,932+84,932$1.5M+$1.5M
Toroso Investments, LLC79,733+79,733$1.4M+$1.4M
ARMISTICE CAPITAL, LLC63,373+63,373$1.1M+$1.1M
BARCLAYS PLC58,381+58,381$997.1K+$997.1K
WELLS FARGO & COMPANY/MN57,270+57,270$978.2K+$978.2K
Symmetry Investments LP51,000+51,000$871.1K+$871.1K
FORMULA GROWTH LTD50,000+50,000$854.0K+$854.0K
LPL Financial LLC47,500+47,500$811.3K+$811.3K
Nuveen, LLC42,766+42,766$730.4K+$730.4K
JANE STREET GROUP, LLC41,700+41,700$712.2K+$712.2K
RHUMBLINE ADVISERS36,924+36,924$630.7K+$630.7K
JPMORGAN CHASE & CO29,529+29,529$504.4K+$504.4K
DEUTSCHE BANK AG\25,856+25,856$441.6K+$441.6K
BANK OF AMERICA CORP /DE/25,253+25,253$431.3K+$431.3K
SIMPLEX TRADING, LLC24,683+24,683$421.6K+$421.6K
XTX Topco Ltd24,024+24,024$410.3K+$410.3K
FMR LLC22,971+22,971$392.3K+$392.3K
IMC-Chicago, LLC22,946+22,946$391.9K+$391.9K
Invesco Ltd.22,373+22,373$382.1K+$382.1K
MetLife Investment Management, LLC21,313+21,313$364.0K+$364.0K
ALLIANCEBERNSTEIN L.P.18,600+18,600$317.7K+$317.7K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.17,401+17,401$297.2K+$297.2K
Universal- Beteiligungs- und Servicegesellschaft mbH15,041+15,041$256.9K+$256.9K
Cresset Asset Management, LLC15,005+15,005$256.3K+$256.3K
Oversea-Chinese Banking CORP Ltd15,000+15,000$256.2K+$256.2K
MANUFACTURERS LIFE INSURANCE COMPANY, THE14,678+14,678$250.7K+$250.7K
State of Tennessee, Treasury Department21,611+21,611$248.1K+$248.1K
Verition Fund Management LLC12,000+12,000$205.0K+$205.0K
Vanguard Personalized Indexing Management, LLC11,004+11,004$187.9K+$187.9K
Sender Co & Partners, Inc.10,931+10,931$186.7K+$186.7K
Police & Firemen's Retirement System of New Jersey9,634+9,634$164.5K+$164.5K
BNP PARIBAS ARBITRAGE, SNC7,646+7,646$130.6K+$130.6K
STRS OHIO6,600+6,600$112.7K+$112.7K
NEW YORK STATE COMMON RETIREMENT FUND5,900+5,900$100.8K+$100.8K
Tower Research Capital LLC (TRC)3,829+3,829$65.4K+$65.4K
Legal & General Group Plc3,807+3,807$65.0K+$65.0K
Ameritas Investment Partners, Inc.3,036+3,036$51.9K+$51.9K
Russell Investments Group, Ltd.2,963+2,963$50.6K+$50.6K
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM2,301+2,301$39.3K+$39.3K
PRICE T ROWE ASSOCIATES INC /MD/2,175,013+2,175,013$37.1K+$37.1K
Royal Bank of Canada2,075+2,075$35.0K+$35.0K
ADVISOR GROUP HOLDINGS, INC.1,750+1,750$29.9K+$29.9K
CITIGROUP INC846+846$14.4K+$14.4K
Parallel Advisors, LLC750+750$12.8K+$12.8K
Sterling Capital Management LLC620+620$10.6K+$10.6K
Redwood Park Advisors LLC120+120$2.0K+$2.0K
Federation des caisses Desjardins du Quebec87+87$1.5K+$1.5K
UMA Financial Services, Inc.36+36$615+$615
EVERENCE CAPITAL MANAGEMENT INC33,284+33,284$568+$568
EverSource Wealth Advisors, LLC33+33$564+$564
North Star Investment Management Corp.33+33$564+$564
Rialto Wealth Management, LLC32+32$547+$547
MASSMUTUAL TRUST CO FSB/ADV32+32$547+$547
GAMMA Investing LLC25+25$427+$427
SG Americas Securities, LLC15,829+15,829$270+$270
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY13,034+13,034$223+$223
SBI Securities Co., Ltd.13+13$222+$222
FNY Investment Advisers, LLC6,744+6,744$115+$115
AMALGAMATED BANK1,175+1,175$20+$20
Avion Wealth124+124$2+$2

Top Holders by reported value

Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.

ManagerShares$ ValueΔ SharesQoQ %
LIGHTSPEED MANAGEMENT COMPANY, L.L.C.49,921,454$852.7M+49,921,454
AH CAPITAL MANAGEMENT, L.L.C.27,195,364$464.5M+27,195,364
GREENOAKS CAPITAL PARTNERS LLC16,047,328$274.1M+16,047,328
COSMIC MANAGEMENT, LLC7,138,769$121.9M+7,138,769
Napean Trading & Investment Co (Singapore) PTE Ltd5,874,257$100.3M+5,874,257
WELLINGTON MANAGEMENT GROUP LLP5,556,071$94.9M+5,556,071
BlackRock, Inc.4,778,992$81.6M+4,778,992
VANGUARD GROUP INC3,328,317$56.8M+3,328,317
ALKEON CAPITAL MANAGEMENT LLC2,686,828$45.9M+2,686,828
VISTA EQUITY PARTNERS MANAGEMENT, LLC2,538,478$43.4M+2,538,478
Capital International Investors2,433,100$41.6M+2,433,100
Dragoneer Investment Group, LLC2,095,507$35.8M+2,095,507
NORGES BANK2,000,000$34.2M+2,000,000
JENNISON ASSOCIATES LLC1,826,419$31.2M+1,826,419
Schonfeld Strategic Advisors LLC1,311,263$22.4M+1,311,263
CITADEL ADVISORS LLC1,119,121$19.1M+1,119,121
GEODE CAPITAL MANAGEMENT, LLC1,064,850$18.2M+1,064,850
Balyasny Asset Management LLC931,157$15.9M+931,157
GOLDMAN SACHS GROUP INC770,544$13.2M+770,544
Freestone Grove Partners LP753,352$12.9M+753,352

New & Closed Positions this quarter

Closed Positions
0 managers exited
Top five by prior-quarter value

No managers exited their positions this quarter.

Methodology

Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.

Quarter-over-quarter deltas compare each manager's most recently reported share count for NAVN against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.

Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.