Blaize Holdings
BZAI
98 hedge funds and large institutions have $56.6M invested in Blaize Holdings in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 6 closing their positions.
403% more call options, than puts
Call options by funds: $1.72M | Put options by funds: $343K
367% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 6
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
29% more funds holding
Funds holding: 76 → 98 (+22)
1.96% more ownership
Funds ownership: 24.21% → 26.17% (+2%)
42% less capital invested
Capital invested by funds: $97.2M → $56.6M (-$40.6M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.63M |
| 3 |
CF
Cantor Fitzgerald
New York
|
+$2.49M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.58M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$2.02M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.62M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.1M |
| 4 |
RCMF
RK Capital Management (Florida)
Weston,
Florida
|
-$844K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$454K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
HighTower Advisors
Chicago,
Illinois
| – | -$138K | -39,963 | Closed |
|
|
KCP
102
Kera Capital Partners
San Jose,
California
| – | -$54.5K | -15,785 | Closed |
|
103
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$5.62K | -1,630 | Closed |
|
|
AAP
104
Arax Advisory Partners
Denver,
Colorado
| – | -$677 | -196 | Closed |
|
BZAI Hedge Fund Activity: Q4 2025 in Review
98 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Blaize Holdings (BZAI) for Q4 2025, worth a combined $56.6M — down 42% from $97.2M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BZAI positions and 6 closed out — a net gain of 22 holders — while 33 added to existing stakes and 18 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.13M. The largest seller was B. Riley Financial, cutting an estimated $2.02M.
- 98 institutional investors held Blaize Holdings (BZAI) as of Q4 2025, up from 76 in Q3 2025.
- Funds reported $56.6M of Blaize Holdings stock for Q4 2025, down 42% quarter-over-quarter.
- 28 funds opened new Blaize Holdings positions in Q4 2025 and 6 closed out, a net change of +22 holders.
- The largest Blaize Holdings buyer in Q4 2025 was Millennium Management, an estimated $3.13M added.
- The largest Blaize Holdings seller in Q4 2025 was B. Riley Financial, an estimated $2.02M sold.
Based on aggregated 13F filings for Q4 2025.