Braze
BRZE
193 hedge funds and large institutions have $2.37B invested in Braze in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 76 increasing their positions, 41 reducing their positions, and 23 closing their positions.
126% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 23
85% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 41
52% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $7.2M
17% more funds holding
Funds holding: 165 → 193 (+28)
10% more capital invested
Capital invested by funds: $2.16B → $2.37B (+$215M)
1.62% less ownership
Funds ownership: 77.14% → 75.51% (-1.6%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$56.8M |
| 2 |
BlackRock
New York
|
+$47.7M |
| 3 |
Morgan Stanley
New York
|
+$39.5M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$36.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$94.2M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$58.8M |
| 3 |
IC
Iconiq Capital
San Francisco,
California
|
-$43.9M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$31.1M |
| 5 |
MCAV
Meritech Capital Associates VI
Palo Alto,
California
|
-$27M |
BRZE Hedge Fund Activity: Q3 2023 in Review
193 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q3 2023, worth a combined $2.37B — up 10% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BRZE positions and 23 closed out — a net gain of 29 holders — while 76 added to existing stakes and 41 trimmed.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $56.8M. The largest seller was Deutsche Bank, cutting an estimated $94.2M.
- 193 institutional investors held Braze (BRZE) as of Q3 2023, up from 165 in Q2 2023.
- Funds reported $2.37B of Braze stock for Q3 2023, up 10% quarter-over-quarter.
- 52 funds opened new Braze positions in Q3 2023 and 23 closed out, a net change of +29 holders.
- The largest Braze buyer in Q3 2023 was Champlain Investment Partners, an estimated $56.8M added.
- The largest Braze seller in Q3 2023 was Deutsche Bank, an estimated $94.2M sold.
Based on aggregated 13F filings for Q3 2023.