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96 hedge funds and large institutions have $1.46B invested in Braze in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more call options, than puts

Call options by funds: $3.34M | Put options by funds: $1.78M

82% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 17

35% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 23

16% more funds holding

Funds holding: 8396 (+13)

9% more capital invested

Capital invested by funds: $1.34B → $1.46B (+$119M)

4.49% more ownership

Funds ownership: 75.54%80.03% (+4.5%)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

Holders
96
Holders Change
+13
Holders Change %
+15.66%
% of All Funds
1.65%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
31
Increased
31
Reduced
23
Closed
17
Calls
$3.34M
Puts
$1.78M
Net Calls
+$1.56M
Net Calls Change
+$1.01M
Name Holding Trade Value Shares
Change
Change in
Stake
IC
1
Iconiq Capital
California
$302M +$44.9M +1,062,987 +14%
BMC
2
Battery Management Corp
Massachusetts
$184M
CCM
3
Cadian Capital Management
New York
$161M +$73.6M +1,742,969 +61%
Morgan Stanley
4
Morgan Stanley
New York
$143M +$60.8M +1,441,220 +54%
Vanguard Group
5
Vanguard Group
Pennsylvania
$107M +$28M +662,837 +27%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$87.3M +$70M +1,658,690 +196%
AllianceBernstein
7
AllianceBernstein
Tennessee
$69.2M +$6.28M +148,796 +8%
SV
8
Sapphire Ventures
Texas
$60.8M
MCAV
9
Meritech Capital Associates V
California
$47.8M -$60M -1,421,356 -51%
JCAM
10
Jericho Capital Asset Management
New York
$28.8M +$5.83M +138,002 +20%
Westfield Capital Management
11
Westfield Capital Management
Massachusetts
$22.6M -$7.47M -176,948 -21%
MCAV
12
Meritech Capital Associates VI
California
$21.5M
Victory Capital Management
13
Victory Capital Management
Texas
$20.7M +$25M +592,989 New
BlackRock
14
BlackRock
New York
$17.5M +$11.2M +264,224 +111%
SCM
15
Steadview Capital Management
United Kingdom
$15.4M +$18.7M +442,892 New
DCM
16
Driehaus Capital Management
Illinois
$11.9M -$12M -284,601 -45%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$10.4M +$7.07M +167,388 +126%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$9.69M -$579K -13,725 -5%
OPFM
19
Optimus Prime Fund Management
Cayman Islands
$9.2M
Voloridge Investment Management
20
Voloridge Investment Management
Florida
$9.08M +$6.57M +155,693 +148%
VCM
21
Valiant Capital Management
California
$8.83M -$20.5M -485,441 -66%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$7.58M +$9.19M +217,770 New
EW
23
Evoke Wealth
California
$6.88M
SPC
24
Stony Point Capital
New York
$6.04M +$160K +3,800 +2%
MAM
25
Melqart Asset Management
United Kingdom
$5.79M +$7.01M +166,130 New

BRZE Hedge Fund Activity: Q3 2022 in Review

96 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q3 2022, worth a combined $1.46B — up 8.8% from $1.34B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new BRZE positions and 17 closed out — a net gain of 14 holders — while 31 added to existing stakes and 23 trimmed.

The largest buyer was Cadian Capital Management, adding an estimated $73.6M. The largest seller was Meritech Capital Associates V, cutting an estimated $60M.

  • 96 institutional investors held Braze (BRZE) as of Q3 2022, up from 83 in Q2 2022.
  • Funds reported $1.46B of Braze stock for Q3 2022, up 8.8% quarter-over-quarter.
  • 31 funds opened new Braze positions in Q3 2022 and 17 closed out, a net change of +14 holders.
  • The largest Braze buyer in Q3 2022 was Cadian Capital Management, an estimated $73.6M added.
  • The largest Braze seller in Q3 2022 was Meritech Capital Associates V, an estimated $60M sold.

Based on aggregated 13F filings for Q3 2022.