Braze
BRZE
165 hedge funds and large institutions have $2.16B invested in Braze in 2023 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 55 increasing their positions, 20 reducing their positions, and 20 closing their positions.
255% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 20
175% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 20
45% more funds holding
Funds holding: 114 → 165 (+51)
44% more capital invested
Capital invested by funds: $1.5B → $2.16B (+$655M)
0.96% more ownership
Funds ownership: 76.18% → 77.14% (+0.96%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
17% less call options, than puts
Call options by funds: $7.44M | Put options by funds: $8.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$66.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$44.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$30.6M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMC
Battery Management Corp
Boston,
Massachusetts
|
-$69.2M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$68M |
| 3 |
MCAV
Meritech Capital Associates V
Palo Alto,
California
|
-$47.4M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$30.6M |
| 5 |
JCAM
Jericho Capital Asset Management
New York
|
-$23.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
176
Virtu Financial
New York
| – | -$578K | -16,714 | Closed |
|
|
DC
177
Diametric Capital
Boston,
Massachusetts
| – | -$529K | -15,300 | Closed |
|
|
LCM
178
Landscape Capital Management
Englewood,
New Jersey
| – | -$525K | -15,193 | Closed |
|
179
Marshall Wace
London,
United Kingdom
| – | -$500K | -14,457 | Closed |
|
|
ACM
180
Aquatic Capital Management
Chicago,
Illinois
| – | -$277K | -8,000 | Closed |
|
|
YIH
181
Y-Intercept (HK)
Hong Kong
| – | -$249K | -7,193 | Closed |
|
|
ASN
182
Advisory Services Network
Atlanta,
Georgia
| – | -$9.64K | -279 | Closed |
|
|
IA
183
IFP Advisors
Tampa,
Florida
| – | -$18.7K | -200 | Closed |
|
|
AAS
184
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$5.56K | -175 | Closed |
|
|
SSB
185
Sandy Spring Bank
Olney,
Maryland
| – | -$3.46K | -100 | Closed |
|
BRZE Hedge Fund Activity: Q2 2023 in Review
165 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q2 2023, worth a combined $2.16B — up 44% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new BRZE positions and 20 closed out — a net gain of 51 holders — while 55 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, adding an estimated $66.2M. The largest seller was Battery Management Corp, cutting an estimated $69.2M.
- 165 institutional investors held Braze (BRZE) as of Q2 2023, up from 114 in Q1 2023.
- Funds reported $2.16B of Braze stock for Q2 2023, up 44% quarter-over-quarter.
- 71 funds opened new Braze positions in Q2 2023 and 20 closed out, a net change of +51 holders.
- The largest Braze buyer in Q2 2023 was BlackRock, an estimated $66.2M added.
- The largest Braze seller in Q2 2023 was Battery Management Corp, an estimated $69.2M sold.
Based on aggregated 13F filings for Q2 2023.