Braze
BRZE
114 hedge funds and large institutions have $1.5B invested in Braze in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 31 increasing their positions, 26 reducing their positions, and 12 closing their positions.
167% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 12
34% more capital invested
Capital invested by funds: $1.12B → $1.5B (+$385M)
20% more funds holding
Funds holding: 95 → 114 (+19)
19% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 26
4.39% more ownership
Funds ownership: 71.79% → 76.18% (+4.4%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
44% less call options, than puts
Call options by funds: $3.1M | Put options by funds: $5.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.3M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
+$20.8M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$12.7M |
| 4 |
SCM
Steadview Capital Management
London,
United Kingdom
|
+$10.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$37.1M |
| 2 |
Morgan Stanley
New York
|
-$11.3M |
| 3 |
EW
Evoke Wealth
Los Angeles,
California
|
-$5.39M |
| 4 |
Renaissance Technologies
New York
|
-$4.6M |
| 5 |
SPC
Stony Point Capital
New York
|
-$4.47M |
BRZE Hedge Fund Activity: Q1 2023 in Review
114 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q1 2023, worth a combined $1.5B — up 34% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BRZE positions and 12 closed out — a net gain of 20 holders — while 31 added to existing stakes and 26 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $26.3M. The largest seller was Goldman Sachs, cutting an estimated $37.1M.
- 114 institutional investors held Braze (BRZE) as of Q1 2023, up from 95 in Q4 2022.
- Funds reported $1.5B of Braze stock for Q1 2023, up 34% quarter-over-quarter.
- 32 funds opened new Braze positions in Q1 2023 and 12 closed out, a net change of +20 holders.
- The largest Braze buyer in Q1 2023 was Deutsche Bank, an estimated $26.3M added.
- The largest Braze seller in Q1 2023 was Goldman Sachs, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2023.