Backblaze
BLZE
131 hedge funds and large institutions have $148M invested in Backblaze in 2025 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 61 increasing their positions, 24 reducing their positions, and 13 closing their positions.
154% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 24
154% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 13
29% more capital invested
Capital invested by funds: $115M → $148M (+$32.9M)
18% more funds holding
Funds holding: 111 → 131 (+20)
5.13% more ownership
Funds ownership: 43.96% → 49.09% (+5.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
23% less call options, than puts
Call options by funds: $272K | Put options by funds: $355K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.97M |
| 2 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$2.53M |
| 3 |
BlackRock
New York
|
+$1.8M |
| 4 |
Lazard Asset Management
New York
|
+$1.07M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$918K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$1.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.01M |
| 3 |
D.E. Shaw & Co
New York
|
-$559K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$510K |
| 5 |
SGM
Scalar Gauge Management
Dallas,
Texas
|
-$419K |
BLZE Hedge Fund Activity: Q2 2025 in Review
131 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q2 2025, worth a combined $148M — up 29% from $115M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BLZE positions and 13 closed out — a net gain of 20 holders — while 61 added to existing stakes and 24 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.97M. The largest seller was Thompson Siegel & Walmsley, exiting entirely with an estimated $1.12M sold.
- 131 institutional investors held Backblaze (BLZE) as of Q2 2025, up from 111 in Q1 2025.
- Funds reported $148M of Backblaze stock for Q2 2025, up 29% quarter-over-quarter.
- 33 funds opened new Backblaze positions in Q2 2025 and 13 closed out, a net change of +20 holders.
- The largest Backblaze buyer in Q2 2025 was Royal Bank of Canada, an estimated $2.97M added.
- The largest Backblaze seller in Q2 2025 was Thompson Siegel & Walmsley, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2025.