We are live on ! Find out more
BLZE icon

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
103
Holders Change
+8
Holders Change %
+8.42%
% of All Funds
1.48%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
20
Increased
37
Reduced
28
Closed
12
Calls
$275K
Puts
$724K
Net Calls
-$449K
Net Calls Change
-$1.31M

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$1.62M
2
Renaissance Technologies
Renaissance Technologies
New York
+$1.55M
3
Northern Trust
Northern Trust
Illinois
+$1.39M
4
Goldman Sachs
Goldman Sachs
New York
+$1.08M
5
Citadel Advisors
Citadel Advisors
Florida
+$938K

Top Sellers

Rank Fund Capital Flow
1
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$2.6M
2
Millennium Management
Millennium Management
New York
-$832K
3
GCP
GSA Capital Partners
United Kingdom
-$818K
4
Two Sigma Advisers
Two Sigma Advisers
New York
-$657K
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$638K
Name Holding Trade Value Shares
Change 		Change in
Stake
SCM
101
Sterling Capital Management
North Carolina
$262 +$255 +41 New
S
102
Sachetta
Massachusetts
$128 – – –
CPA
103
Capital Performance Advisors
California
$70 +$68 +11 New
GCP
104
GSA Capital Partners
United Kingdom
– -$818K -132,821 Closed
AGM
105
Alpine Global Management
New York
– -$235K -38,195 Closed
QC
106
Quadrature Capital
United Kingdom
– -$219K -35,633 Closed
Victory Capital Management
107
Victory Capital Management
Texas
– -$168K -27,330 Closed
Walleye Capital
108
Walleye Capital
New York
– -$166K -26,906 Closed
Simplex Trading
109
Simplex Trading
Illinois
– -$160K -25,773 Closed
Man Group
110
Man Group
United Kingdom
– -$136K -22,084 Closed
Bank of Montreal
111
Bank of Montreal
Ontario, Canada
– -$121K -19,412 Closed
HIM
112
Hillsdale Investment Management
Ontario, Canada
– -$89.3K -14,500 Closed
WVP
113
Worth Venture Partners
New Jersey
– -$67K -10,871 Closed
UB
114
UMB Bank
Missouri
– -$49.1K -7,970 Closed
CIBC Private Wealth Group
115
CIBC Private Wealth Group
Georgia
– -$3.12K -500 Closed
1 2 3 4
5

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.