Backblaze
BLZE
31 hedge funds and large institutions have $28.1M invested in Backblaze in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 5 closing their positions.
26,700% more call options, than puts
Call options by funds: $804K | Put options by funds: $3K
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
37% more capital invested
Capital invested by funds: $20.6M → $28.1M (+$7.51M)
1.1% more ownership
Funds ownership: 28.76% → 29.86% (+1.1%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 32 → 31 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
+$2.16M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$391K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$154K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$152K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$64.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$532K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$350K |
| 3 |
AC
Apogem Capital
New York
|
-$183K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$64K |
| 5 |
Renaissance Technologies
New York
|
-$45.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCT
26
First Community Trust
Dubuque,
Iowa
| $6K | – | – | – |
|
|
NA
27
NewEdge Advisors
New Orleans,
Louisiana
| $2.17K | +$1.69K | +353 | New |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.6K | -$3.54K | -740 | -74% |
|
29
Wells Fargo
San Francisco,
California
| $1.13K | +$508 | +106 | +138% |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $338 | -$1.05K | -220 | -74% |
|
31
Bank of America
Charlotte,
North Carolina
| $166 | +$129 | +27 | New |
|
|
AC
32
Apogem Capital
New York
| – | -$183K | -36,800 | Closed |
|
|
TI
33
Trexquant Investment
Stamford,
Connecticut
| – | -$64K | -12,839 | Closed |
|
|
CT
34
Cambridge Trust
Cambridge,
Massachusetts
| – | -$5K | -1,000 | Closed |
|
|
GWSG
35
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$2K | -450 | Closed |
|
BLZE Hedge Fund Activity: Q4 2022 in Review
31 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q4 2022, worth a combined $28.1M — up 37% from $20.6M a quarter earlier.
Fund positioning in BLZE was balanced in Q4 2022: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 7 trimmed.
The largest buyer was AWM Investment Company, adding an estimated $2.16M. The largest seller was Whetstone Capital Advisors, cutting an estimated $532K.
- 31 institutional investors held Backblaze (BLZE) as of Q4 2022, down from 32 in Q3 2022.
- Funds reported $28.1M of Backblaze stock for Q4 2022, up 37% quarter-over-quarter.
- 5 funds opened new Backblaze positions in Q4 2022 and 5 closed out, a net change of 0 holders.
- The largest Backblaze buyer in Q4 2022 was AWM Investment Company, an estimated $2.16M added.
- The largest Backblaze seller in Q4 2022 was Whetstone Capital Advisors, an estimated $532K sold.
Based on aggregated 13F filings for Q4 2022.