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241 hedge funds and large institutions have $2.55B invested in Braze in 2025 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 98 increasing their positions, 58 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more call options, than puts

Call options by funds: $36.4M | Put options by funds: $18.2M

69% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 58

50% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 36

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8% more funds holding

Funds holding: 223241 (+18)

1.54% more ownership

Funds ownership: 80.14%81.68% (+1.5%)

13% less capital invested

Capital invested by funds: $2.94B → $2.55B (-$385M)

Holders
241
Holders Change
+18
Holders Change %
+8.07%
% of All Funds
3.23%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.08%
New
54
Increased
98
Reduced
58
Closed
36
Calls
$36.4M
Puts
$18.2M
Net Calls
+$18.2M
Net Calls Change
-$9.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
126
Bayesian Capital Management
New York
$664K +$740K +18,400 New
HF
127
HRT Financial
New York
$653K +$729K +18,123 New
GCM
128
Graham Capital Management
Connecticut
$648K -$2.05M -50,892 -74%
VOYA Investment Management
129
VOYA Investment Management
Georgia
$628K -$56.7K -1,409 -7%
AIM
130
Allen Investment Management
New York
$619K
SA
131
Sincerus Advisory
New York
$605K -$146K -3,636 -18%
B
132
Bailard
California
$602K -$146K -3,637 -18%
American Century Companies
133
American Century Companies
Missouri
$593K +$662K +16,441 New
KK
134
KLP Kapitalforvaltning
Norway
$584K +$125K +3,100 +24%
Handelsbanken Fonder
135
Handelsbanken Fonder
Sweden
$581K
Wolverine Trading
136
Wolverine Trading
Illinois
$557K +$597K +14,848 New
KeyBank National Association
137
KeyBank National Association
Ohio
$543K
Qube Research & Technologies (QRT)
138
Qube Research & Technologies (QRT)
United Kingdom
$542K -$648K -16,099 -52%
Mercer Global Advisors
139
Mercer Global Advisors
Colorado
$540K +$65.7K +1,634 +12%
State Board of Administration of Florida Retirement System
140
State Board of Administration of Florida Retirement System
Florida
$540K
CWM
141
CIBC World Markets
New York
$528K +$340K +8,461 +137%
CC
142
Centiva Capital
New York
$521K +$581K +14,432 New
PFSRSONJ
143
Police & Firemen's Retirement System of New Jersey
New Jersey
$508K
AL
144
Arnhold LLC
New York
$499K
DFCM
145
Dark Forest Capital Management
Puerto Rico
$484K +$540K +13,410 New
XT
146
XTX Topco
Cayman Islands
$469K +$523K +13,005 New
Jane Street
147
Jane Street
New York
$463K +$74.7K +1,856 +17%
SG Americas Securities
148
SG Americas Securities
New York
$455K +$34.9K +868 +7%
Mariner
149
Mariner
Kansas
$447K +$131K +3,245 +36%
HSBC Holdings
150
HSBC Holdings
United Kingdom
$409K -$265K -6,590 -37%

BRZE Hedge Fund Activity: Q1 2025 in Review

241 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q1 2025, worth a combined $2.55B — down 13% from $2.94B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new BRZE positions and 36 closed out — a net gain of 18 holders — while 98 added to existing stakes and 58 trimmed.

The largest buyer was Westfield Capital Management, opening a new position worth an estimated $60.9M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $106M.

  • 241 institutional investors held Braze (BRZE) as of Q1 2025, up from 223 in Q4 2024.
  • Funds reported $2.55B of Braze stock for Q1 2025, down 13% quarter-over-quarter.
  • 54 funds opened new Braze positions in Q1 2025 and 36 closed out, a net change of +18 holders.
  • The largest Braze buyer in Q1 2025 was Westfield Capital Management, an estimated $60.9M added.
  • The largest Braze seller in Q1 2025 was T. Rowe Price Investment Management, an estimated $106M sold.

Based on aggregated 13F filings for Q1 2025.