Braze
BRZE
225 hedge funds and large institutions have $2.7B invested in Braze in 2024 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 91 increasing their positions, 60 reducing their positions, and 49 closing their positions.
117% more call options, than puts
Call options by funds: $31.3M | Put options by funds: $14.5M
52% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 60
4% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 49
1.4% less ownership
Funds ownership: 90.51% → 89.11% (-1.4%)
3% less funds holding
Funds holding: 232 → 225 (-7)
18% less capital invested
Capital invested by funds: $3.3B → $2.7B (-$592M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Iconiq Capital
San Francisco,
California
|
+$162M |
| 2 |
CCM
Cadian Capital Management
New York
|
+$158M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$20.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$16.1M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$311M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$81.1M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$29.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.9M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$14.1M |
BRZE Hedge Fund Activity: Q1 2024 in Review
225 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q1 2024, worth a combined $2.7B — down 18% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of BRZE and 47 opened new positions — a net loss of 2 holders — while 60 trimmed existing stakes and 91 added.
The largest buyer was Iconiq Capital, adding an estimated $162M. The largest seller was Morgan Stanley, cutting an estimated $311M.
- 225 institutional investors held Braze (BRZE) as of Q1 2024, down from 232 in Q4 2023.
- Funds reported $2.7B of Braze stock for Q1 2024, down 18% quarter-over-quarter.
- 47 funds opened new Braze positions in Q1 2024 and 49 closed out, a net change of -2 holders.
- The largest Braze buyer in Q1 2024 was Iconiq Capital, an estimated $162M added.
- The largest Braze seller in Q1 2024 was Morgan Stanley, an estimated $311M sold.
Based on aggregated 13F filings for Q1 2024.