Braze
BRZE
223 hedge funds and large institutions have $2.16B invested in Braze in 2024 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 103 increasing their positions, 61 reducing their positions, and 34 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 61
58% more call options, than puts
Call options by funds: $11.1M | Put options by funds: $7.03M
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
0% more funds holding
Funds holding: 223 → 223 (0)
5.6% less ownership
Funds ownership: 86.51% → 80.91% (-5.6%)
17% less capital invested
Capital invested by funds: $2.6B → $2.16B (-$445M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$54.3M |
| 2 |
JP Morgan Chase
New York
|
+$42.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$35.8M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$25.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
-$201M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$35.1M |
| 3 |
Morgan Stanley
New York
|
-$16.5M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$16M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$11.6M |
BRZE Hedge Fund Activity: Q3 2024 in Review
223 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q3 2024, worth a combined $2.16B — down 17% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BRZE positions and 34 closed out — a net gain of 2 holders — while 103 added to existing stakes and 61 trimmed.
The largest buyer was BlackRock, adding an estimated $54.3M. The largest seller was Iconiq Capital, cutting an estimated $201M.
- 223 institutional investors held Braze (BRZE) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $2.16B of Braze stock for Q3 2024, down 17% quarter-over-quarter.
- 36 funds opened new Braze positions in Q3 2024 and 34 closed out, a net change of +2 holders.
- The largest Braze buyer in Q3 2024 was BlackRock, an estimated $54.3M added.
- The largest Braze seller in Q3 2024 was Iconiq Capital, an estimated $201M sold.
Based on aggregated 13F filings for Q3 2024.