Braze
BRZE
223 hedge funds and large institutions have $2.6B invested in Braze in 2024 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 96 increasing their positions, 52 reducing their positions, and 51 closing their positions.
93% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $8.73M
85% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 52
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
0% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 51
1% less funds holding
Funds holding: 225 → 223 (-2)
4% less capital invested
Capital invested by funds: $2.7B → $2.6B (-$102M)
2.59% less ownership
Funds ownership: 89.11% → 86.51% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$80.5M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
+$35.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$35M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$33M |
| 5 |
JP Morgan Chase
New York
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$50.9M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$26.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$23.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$15.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$14.3M |
BRZE Hedge Fund Activity: Q2 2024 in Review
223 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q2 2024, worth a combined $2.6B — down 3.8% from $2.7B a quarter earlier.
Fund positioning in BRZE was balanced in Q2 2024: 51 funds opened new positions, 51 closed out, 96 added to existing stakes and 52 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $80.5M. The largest seller was Invesco, cutting an estimated $50.9M.
- 223 institutional investors held Braze (BRZE) as of Q2 2024, down from 225 in Q1 2024.
- Funds reported $2.6B of Braze stock for Q2 2024, down 3.8% quarter-over-quarter.
- 51 funds opened new Braze positions in Q2 2024 and 51 closed out, a net change of 0 holders.
- The largest Braze buyer in Q2 2024 was T. Rowe Price Investment Management, an estimated $80.5M added.
- The largest Braze seller in Q2 2024 was Invesco, an estimated $50.9M sold.
Based on aggregated 13F filings for Q2 2024.