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193 hedge funds and large institutions have $2.37B invested in Braze in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 76 increasing their positions, 41 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

126% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 23

85% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 41

52% more call options, than puts

Call options by funds: $10.9M | Put options by funds: $7.2M

17% more funds holding

Funds holding: 165193 (+28)

10% more capital invested

Capital invested by funds: $2.16B → $2.37B (+$215M)

1.62% less ownership

Funds ownership: 77.14%75.51% (-1.6%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
193
Holders Change
+28
Holders Change %
+16.97%
% of All Funds
3.06%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.1%
New
52
Increased
76
Reduced
41
Closed
23
Calls
$10.9M
Puts
$7.2M
Net Calls
+$3.71M
Net Calls Change
+$5.19M
Name Holding Trade Value Shares
Change
Change in
Stake
IC
1
Iconiq Capital
California
$265M -$43.9M -1,000,000 -15%
Morgan Stanley
2
Morgan Stanley
New York
$252M +$39.5M +899,894 +20%
Vanguard Group
3
Vanguard Group
Pennsylvania
$246M +$10M +228,089 +5%
BlackRock
4
BlackRock
New York
$172M +$47.7M +1,085,035 +42%
CCM
5
Cadian Capital Management
New York
$156M -$58.8M -1,336,930 -29%
BMC
6
Battery Management Corp
Massachusetts
$152M
AllianceBernstein
7
AllianceBernstein
Tennessee
$95.8M -$14.3M -326,484 -14%
SV
8
Sapphire Ventures
Texas
$81.6M
Invesco
9
Invesco
Georgia
$60.5M +$35.6M +810,295 +168%
CIP
10
Champlain Investment Partners
Vermont
$60.4M +$56.8M +1,293,395 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
11
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$60.1M +$36.3M +826,100 +180%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$48.8M +$13.1M +297,592 +40%
State Street
13
State Street
Massachusetts
$47.8M +$10.8M +246,586 +32%
T. Rowe Price Investment Management
14
T. Rowe Price Investment Management
Maryland
$36.4M +$453K +10,309 +1%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$36.2M +$3.62M +82,341 +12%
Norges Bank
16
Norges Bank
Norway
$34.7M -$9.68M -220,170 -23%
Voloridge Investment Management
17
Voloridge Investment Management
Florida
$30.7M +$11.3M +257,950 +65%
Northern Trust
18
Northern Trust
Illinois
$22.5M +$6.13M +139,416 +41%
SCM
19
Steadview Capital Management
United Kingdom
$21M -$15.1M -342,544 -43%
Citadel Advisors
20
Citadel Advisors
Florida
$20.9M +$17.3M +394,575 +745%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$20.6M +$11.8M +269,449 +157%
DCM
22
Driehaus Capital Management
Illinois
$19.6M +$18.4M +419,104 New
Victory Capital Management
23
Victory Capital Management
Texas
$19.2M +$439K +9,984 +2%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$19M +$928K +21,119 +5%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$18.7M -$1.56M -35,453 -8%

BRZE Hedge Fund Activity: Q3 2023 in Review

193 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q3 2023, worth a combined $2.37B — up 10% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new BRZE positions and 23 closed out — a net gain of 29 holders — while 76 added to existing stakes and 41 trimmed.

The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $56.8M. The largest seller was Deutsche Bank, cutting an estimated $94.2M.

  • 193 institutional investors held Braze (BRZE) as of Q3 2023, up from 165 in Q2 2023.
  • Funds reported $2.37B of Braze stock for Q3 2023, up 10% quarter-over-quarter.
  • 52 funds opened new Braze positions in Q3 2023 and 23 closed out, a net change of +29 holders.
  • The largest Braze buyer in Q3 2023 was Champlain Investment Partners, an estimated $56.8M added.
  • The largest Braze seller in Q3 2023 was Deutsche Bank, an estimated $94.2M sold.

Based on aggregated 13F filings for Q3 2023.