Backblaze
BLZE
32 hedge funds and large institutions have $20.6M invested in Backblaze in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 3 reducing their positions, and 2 closing their positions.
659% more call options, than puts
Call options by funds: $1.52M | Put options by funds: $201K
400% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 3
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
18% more capital invested
Capital invested by funds: $17.4M → $20.6M (+$3.17M)
10% more funds holding
Funds holding: 29 → 32 (+3)
2.34% more ownership
Funds ownership: 26.42% → 28.76% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$3.73M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$1.84M |
| 3 |
AIC
AWM Investment Company
New York
|
+$499K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$463K |
| 5 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.18M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$56K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$18.8K |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$9K |
| 5 |
GWSG
GPS Wealth Strategies Group
Centennial,
Colorado
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$3K | +500 | +91% |
|
|
GWSG
28
GPS Wealth Strategies Group
Centennial,
Colorado
| $2K | -$3K | -500 | -53% |
|
29
Osaic Holdings
Scottsdale,
Arizona
| $1K | +$1.21K | +202 | +208% |
|
|
APA
30
American Portfolios Advisors
Holbrook,
New York
| $273 | – | – | – |
|
|
31
Marshall Wace
London,
United Kingdom
| – | -$56K | -10,798 | Closed |
|
|
EMG
32
ETF Managers Group
Summit,
New Jersey
| – | -$9K | -1,884 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | +$108 | +18 | +31% |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | +$552 | +92 | New |
|
BLZE Hedge Fund Activity: Q3 2022 in Review
32 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q3 2022, worth a combined $20.6M — up 18% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BLZE positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 3 trimmed.
The largest buyer was Whetstone Capital Advisors, adding an estimated $3.73M. The largest seller was Morgan Stanley, cutting an estimated $3.18M.
- 32 institutional investors held Backblaze (BLZE) as of Q3 2022, up from 29 in Q2 2022.
- Funds reported $20.6M of Backblaze stock for Q3 2022, up 18% quarter-over-quarter.
- 5 funds opened new Backblaze positions in Q3 2022 and 2 closed out, a net change of +3 holders.
- The largest Backblaze buyer in Q3 2022 was Whetstone Capital Advisors, an estimated $3.73M added.
- The largest Backblaze seller in Q3 2022 was Morgan Stanley, an estimated $3.18M sold.
Based on aggregated 13F filings for Q3 2022.