Backblaze
BLZE
118 hedge funds and large institutions have $140M invested in Backblaze in 2024 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 12 closing their positions.
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
117% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 23
33% more capital invested
Capital invested by funds: $105M → $140M (+$34.7M)
15% more funds holding
Funds holding: 103 → 118 (+15)
7.52% more ownership
Funds ownership: 38.33% → 45.84% (+7.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
76% less call options, than puts
Call options by funds: $97K | Put options by funds: $403K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
+$18.2M |
| 2 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
+$12.2M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$3.33M |
| 4 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$2.17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$2.49M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.31M |
| 3 |
SGM
Scalar Gauge Management
Dallas,
Texas
|
-$1.25M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.18M |
| 5 |
Lazard Asset Management
New York
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MGIA
126
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$64.7K | -10,121 | Closed |
|
|
PCM
127
Penserra Capital Management
Orinda,
California
| – | -$13K | -2,085 | Closed |
|
|
SPIA
128
Steward Partners Investment Advisory
New York
| – | -$9.59K | -1,500 | Closed |
|
129
Osaic Holdings
Scottsdale,
Arizona
| – | -$8.57K | -1,341 | Closed |
|
|
NC
130
nVerses Capital
Wellington,
Florida
| – | -$2.56K | -400 | Closed |
|
|
CPA
131
Capital Performance Advisors
Walnut Creek,
California
| – | -$70 | -11 | Closed |
|
BLZE Hedge Fund Activity: Q4 2024 in Review
118 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q4 2024, worth a combined $140M — up 33% from $105M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BLZE positions and 12 closed out — a net gain of 17 holders — while 50 added to existing stakes and 23 trimmed.
The largest buyer was AWM Investment Company, adding an estimated $18.2M. The largest seller was Whetstone Capital Advisors, cutting an estimated $2.49M.
- 118 institutional investors held Backblaze (BLZE) as of Q4 2024, up from 103 in Q3 2024.
- Funds reported $140M of Backblaze stock for Q4 2024, up 33% quarter-over-quarter.
- 29 funds opened new Backblaze positions in Q4 2024 and 12 closed out, a net change of +17 holders.
- The largest Backblaze buyer in Q4 2024 was AWM Investment Company, an estimated $18.2M added.
- The largest Backblaze seller in Q4 2024 was Whetstone Capital Advisors, an estimated $2.49M sold.
Based on aggregated 13F filings for Q4 2024.