We are live on ! Find out more

232 hedge funds and large institutions have $3.3B invested in Braze in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 93 increasing their positions, 53 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 24

109% more call options, than puts

Call options by funds: $18.7M | Put options by funds: $8.93M

75% more repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 53

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

39% more capital invested

Capital invested by funds: $2.37B → $3.3B (+$925M)

20% more funds holding

Funds holding: 193232 (+39)

14.99% more ownership

Funds ownership: 75.51%90.51% (+15%)

Holders
232
Holders Change
+39
Holders Change %
+20.21%
% of All Funds
3.38%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.13%
New
64
Increased
93
Reduced
53
Closed
24
Calls
$18.7M
Puts
$8.93M
Net Calls
+$9.73M
Net Calls Change
+$6.02M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$21.1M +$1.03M +20,798 +6%
Acadian Asset Management
27
Acadian Asset Management
Massachusetts
$20.4M +$4.17M +84,318 +28%
Macquarie Group
28
Macquarie Group
Australia
$20.2M +$15.8M +319,405 +534%
Goldman Sachs
29
Goldman Sachs
New York
$20M +$3.26M +65,973 +21%
N
30
Nuveen
North Carolina
$19.5M +$124K +2,517 +0.7%
Wellington Management Group
31
Wellington Management Group
Massachusetts
$18.4M -$2.99M -60,560 -15%
Millennium Management
32
Millennium Management
New York
$16.9M -$2.93M -59,226 -16%
UBS AM
33
UBS AM
Illinois
$16.9M -$40K -809 -0.3%
Victory Capital Management
34
Victory Capital Management
Texas
$16.7M -$4.79M -96,792 -24%
Allspring Global Investments
35
Allspring Global Investments
North Carolina
$16M +$1.38M +27,855 +10%
OPFM
36
Optimus Prime Fund Management
Cayman Islands
$15.9M -$4.55M -92,000 -23%
JP Morgan Chase
37
JP Morgan Chase
New York
$15.3M -$3.26M -65,983 -19%
Squarepoint
38
Squarepoint
New York
$12.9M +$12M +241,892 New
IC
39
IEQ Capital
California
$12.1M +$10.7M +215,979 +1,991%
PI
40
Putnam Investments
Massachusetts
$11.3M +$5.96M +120,640 +130%
PCH
41
Polar Capital Holdings
United Kingdom
$11.1M -$6.53M -132,182 -39%
VEPM
42
Vista Equity Partners Management
California
$11.1M +$10.3M +209,152 New
SCM
43
Steadview Capital Management
United Kingdom
$11.1M -$11.9M -241,165 -54%
First Trust Advisors
44
First Trust Advisors
Illinois
$10.7M +$3.67M +74,156 +58%
CSS
45
Cubist Systematic Strategies
Connecticut
$10.4M +$5.77M +116,789 +147%
State of Wisconsin Investment Board
46
State of Wisconsin Investment Board
Wisconsin
$9.51M +$8.62M +174,303 +3,742%
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$9.48M +$7.86M +158,986 +814%
Bank of America
48
Bank of America
North Carolina
$9.35M +$7.98M +161,478 +1,120%
MGIM
49
M&G Investment Management
United Kingdom
$8.64M +$634K +12,827 +9%
Renaissance Technologies
50
Renaissance Technologies
New York
$8.62M -$1.82M -36,900 -19%

BRZE Hedge Fund Activity: Q4 2023 in Review

232 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q4 2023, worth a combined $3.3B — up 39% from $2.37B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new BRZE positions and 24 closed out — a net gain of 40 holders — while 93 added to existing stakes and 53 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $225M. The largest seller was Cadian Capital Management, cutting an estimated $86.5M.

  • 232 institutional investors held Braze (BRZE) as of Q4 2023, up from 193 in Q3 2023.
  • Funds reported $3.3B of Braze stock for Q4 2023, up 39% quarter-over-quarter.
  • 64 funds opened new Braze positions in Q4 2023 and 24 closed out, a net change of +40 holders.
  • The largest Braze buyer in Q4 2023 was Morgan Stanley, an estimated $225M added.
  • The largest Braze seller in Q4 2023 was Cadian Capital Management, an estimated $86.5M sold.

Based on aggregated 13F filings for Q4 2023.