Backblaze
BLZE
56 hedge funds and large institutions have $42.8M invested in Backblaze in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 4 reducing their positions, and 5 closing their positions.
656% more call options, than puts
Call options by funds: $257K | Put options by funds: $34K
450% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 4
360% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 5
89% more capital invested
Capital invested by funds: $22.6M → $42.8M (+$20.2M)
47% more funds holding
Funds holding: 38 → 56 (+18)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.84% less ownership
Funds ownership: 24.4% → 21.57% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.51M |
| 2 |
First Eagle Investment Management
New York
|
+$2.44M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.37M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$636K |
| 5 |
Walleye Capital
New York
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$693K |
| 2 |
AIC
AWM Investment Company
New York
|
-$177K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$76.6K |
| 4 |
Squarepoint
New York
|
-$70K |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
51
SignatureFD
Atlanta,
Georgia
| $2.2K | +$2.17K | +400 | New |
|
|
SFG
52
Steward Financial Group
Colleyville,
Texas
| $1K | +$1.62K | +299 | New |
|
53
Federated Hermes
Pittsburgh,
Pennsylvania
| $985 | +$971 | +179 | New |
|
54
Wells Fargo
San Francisco,
California
| $770 | +$43 | +8 | +6% |
|
55
UBS Group
Zurich,
Switzerland
| $688 | – | – | – |
|
56
Fidelity Investments
Boston,
Massachusetts
| $105 | -$542 | -100 | -84% |
|
|
TMC
57
Trellus Management Company
Delray Beach,
Florida
| – | -$693K | -160,000 | Closed |
|
|
58
Squarepoint
New York
| – | -$70K | -16,177 | Closed |
|
|
CI
59
Clal Insurance
Tel-Aviv,
Israel
| – | -$11K | -2,617 | Closed |
|
60
Simplex Trading
Chicago,
Illinois
| – | -$3.31K | -611 | Closed |
|
61
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -500 | Closed |
|
BLZE Hedge Fund Activity: Q3 2023 in Review
56 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q3 2023, worth a combined $42.8M — up 89% from $22.6M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BLZE positions and 5 closed out — a net gain of 18 holders — while 22 added to existing stakes and 4 trimmed.
The largest buyer was Vanguard Group, adding an estimated $4.51M. The largest seller was Trellus Management Company, exiting entirely with an estimated $693K sold.
- 56 institutional investors held Backblaze (BLZE) as of Q3 2023, up from 38 in Q2 2023.
- Funds reported $42.8M of Backblaze stock for Q3 2023, up 89% quarter-over-quarter.
- 23 funds opened new Backblaze positions in Q3 2023 and 5 closed out, a net change of +18 holders.
- The largest Backblaze buyer in Q3 2023 was Vanguard Group, an estimated $4.51M added.
- The largest Backblaze seller in Q3 2023 was Trellus Management Company, an estimated $693K sold.
Based on aggregated 13F filings for Q3 2023.