Backblaze
BLZE
29 hedge funds and large institutions have $34.3M invested in Backblaze in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 15 closing their positions.
300% more call options, than puts
Call options by funds: $796K | Put options by funds: $199K
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
6.82% less ownership
Funds ownership: 45.83% → 39.01% (-6.8%)
22% less funds holding
Funds holding: 37 → 29 (-8)
44% less capital invested
Capital invested by funds: $61.2M → $34.3M (-$26.9M)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.76M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$1.55M |
| 3 |
Renaissance Technologies
New York
|
+$726K |
| 4 |
AIC
AWM Investment Company
New York
|
+$337K |
| 5 |
State Street
Boston,
Massachusetts
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.71M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$3.37M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.97M |
| 4 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
-$1.01M |
| 5 |
Two Sigma Investments
New York
|
-$640K |
BLZE Hedge Fund Activity: Q1 2022 in Review
29 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Backblaze (BLZE) for Q1 2022, worth a combined $34.3M — down 44% from $61.2M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BLZE and 7 opened new positions — a net loss of 8 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Vanguard Group, adding an estimated $3.76M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $6.71M sold.
- 29 institutional investors held Backblaze (BLZE) as of Q1 2022, down from 37 in Q4 2021.
- Funds reported $34.3M of Backblaze stock for Q1 2022, down 44% quarter-over-quarter.
- 7 funds opened new Backblaze positions in Q1 2022 and 15 closed out, a net change of -8 holders.
- The largest Backblaze buyer in Q1 2022 was Vanguard Group, an estimated $3.76M added.
- The largest Backblaze seller in Q1 2022 was Driehaus Capital Management, an estimated $6.71M sold.
Based on aggregated 13F filings for Q1 2022.