Backblaze
BLZE
103 hedge funds and large institutions have $105M invested in Backblaze in 2024 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
10% more capital invested
Capital invested by funds: $95.2M → $105M (+$9.82M)
8% more funds holding
Funds holding: 95 → 103 (+8)
1.05% more ownership
Funds ownership: 37.28% → 38.33% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
62% less call options, than puts
Call options by funds: $275K | Put options by funds: $724K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.62M |
| 2 |
Renaissance Technologies
New York
|
+$1.55M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.39M |
| 4 |
Goldman Sachs
New York
|
+$1.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$938K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.6M |
| 2 |
Millennium Management
New York
|
-$832K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$818K |
| 4 |
Two Sigma Advisers
New York
|
-$657K |
| 5 |
D.E. Shaw & Co
New York
|
-$638K |
BLZE Hedge Fund Activity: Q3 2024 in Review
103 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q3 2024, worth a combined $105M — up 10% from $95.2M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BLZE positions and 12 closed out — a net gain of 8 holders — while 37 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $1.62M. The largest seller was Acadian Asset Management, cutting an estimated $2.6M.
- 103 institutional investors held Backblaze (BLZE) as of Q3 2024, up from 95 in Q2 2024.
- Funds reported $105M of Backblaze stock for Q3 2024, up 10% quarter-over-quarter.
- 20 funds opened new Backblaze positions in Q3 2024 and 12 closed out, a net change of +8 holders.
- The largest Backblaze buyer in Q3 2024 was BlackRock, an estimated $1.62M added.
- The largest Backblaze seller in Q3 2024 was Acadian Asset Management, an estimated $2.6M sold.
Based on aggregated 13F filings for Q3 2024.