Braze
BRZE
232 hedge funds and large institutions have $3.3B invested in Braze in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 93 increasing their positions, 53 reducing their positions, and 24 closing their positions.
167% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 24
109% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $8.93M
75% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 53
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
39% more capital invested
Capital invested by funds: $2.37B → $3.3B (+$925M)
20% more funds holding
Funds holding: 193 → 232 (+39)
14.99% more ownership
Funds ownership: 75.51% → 90.51% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$225M |
| 2 |
BMC
Battery Management Corp
Boston,
Massachusetts
|
+$72.8M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$63.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$48.9M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$86.5M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$49.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$22.1M |
| 4 |
SCM
Steadview Capital Management
London,
United Kingdom
|
-$11.9M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$9.33M |
BRZE Hedge Fund Activity: Q4 2023 in Review
232 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Braze (BRZE) for Q4 2023, worth a combined $3.3B — up 39% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BRZE positions and 24 closed out — a net gain of 40 holders — while 93 added to existing stakes and 53 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $225M. The largest seller was Cadian Capital Management, cutting an estimated $86.5M.
- 232 institutional investors held Braze (BRZE) as of Q4 2023, up from 193 in Q3 2023.
- Funds reported $3.3B of Braze stock for Q4 2023, up 39% quarter-over-quarter.
- 64 funds opened new Braze positions in Q4 2023 and 24 closed out, a net change of +40 holders.
- The largest Braze buyer in Q4 2023 was Morgan Stanley, an estimated $225M added.
- The largest Braze seller in Q4 2023 was Cadian Capital Management, an estimated $86.5M sold.
Based on aggregated 13F filings for Q4 2023.