BACKBLAZE INC BLZE
COM CL A · Common Stock · CUSIP 05637B105
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSan Francisco, CA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($372.9k this quarter). Holder counts are more reliable. Shares outstanding: 61.9m as of 2026-07-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $15.83. Options: 11 managers hold calls ($18.0m notional), 7 hold puts ($2.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 32 |
| Q4 2022 | 32 |
| Q1 2023 | 36 |
| Q2 2023 | 39 |
| Q3 2023 | 57 |
| Q4 2023 | 73 |
| Q1 2024 | 96 |
| Q2 2024 | 96 |
| Q3 2024 | 104 |
| Q4 2024 | 120 |
| Q1 2025 | 113 |
| Q2 2025 | 132 |
| Q3 2025 | 150 |
| Q4 2025 | 144 |
| Q1 2026 | 138 |
| Q2 2026 | 169 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 55 | 39 |
| Q4 2024 | 74 | 35 |
| Q1 2025 | 67 | 47 |
| Q2 2025 | 92 | 37 |
| Q3 2025 | 89 | 59 |
| Q4 2025 | 85 | 72 |
| Q1 2026 | 65 | 77 |
| Q2 2026 | 122 | 57 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.8m | $48.3k | 0.03 |
| Q4 2025 | $6.2m | $172.0k | 0.03 |
| Q1 2026 | $449.5k | $204.9k | 0.46 |
| Q2 2026 | $18.0m | $2.6m | 0.15 |
Biggest buyers
| Driehaus Capital Management LLC | New | +2.7m |
| BlackRock, Inc. | Added | +1.0m |
| NEXT CENTURY GROWTH INVESTORS LLC | New | +687.5k |
| Nuveen, LLC | Added | +506.7k |
| Halter Ferguson Financial Inc. | New | +457.8k |
| Jump Financial, LLC | Added | +410.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +388.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +372.1k |
| Qube Research & Technologies Ltd | Added | +333.8k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +323.5k |
Biggest sellers
| Whetstone Capital Advisors, LLC | Sold out | -1.5m |
| D. E. Shaw & Co., Inc. | Reduced | -688.9k |
| Pillsbury Lake Capital LLC | Reduced | -621.4k |
| Point72 Asset Management, L.P. | Sold out | -540.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -410.0k |
| CITADEL ADVISORS LLC | Sold out | -304.9k |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P | Reduced | -245.0k |
| CastleKnight Management LP | Reduced | -207.2k |
| GSA CAPITAL PARTNERS LLP | Sold out | -191.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Sold out | -174.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $5.3m336.8k shares |
| JANE STREET GROUP, LLC | New | $3.6m226.3k shares |
| Kultura Capital Management LP | New | $2.7m167.1k shares |
| IMC-Chicago, LLC | Added | $1.6m101.2k shares |
| GROUP ONE TRADING LLC | Added | $1.6m99.1k shares |
| CITADEL ADVISORS LLC | New | $1.4m91.2k shares |
| SIMPLEX TRADING, LLC | Added | $897.7k56.6k shares |
| Belvedere Trading LLC | New | $352.1k22.2k shares |
| Walleye Capital LLC | New | $342.6k21.6k shares |
| Verition Fund Management LLC | New | $242.7k15.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $856.4k54.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $699.4k44.1k shares |
| JANE STREET GROUP, LLC | Added | $623.3k39.3k shares |
| IMC-Chicago, LLC | New | $253.8k16.0k shares |
| SIMPLEX TRADING, LLC | Added | $145.9k9.2k shares |
| GROUP ONE TRADING LLC | Added | $49.2k3.1k shares |
| Walleye Capital LLC | New | $3.2k200 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +2.2 pts · filed 2026-07-27 | 7.5% |
Fell to 5% or below in the last year: AWM Investment Company, Inc. (2.3%, 2026-05-04), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $123.2k | — |
| Q1 2025 | 0 | — | 3 | $102.4k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $236.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-21 | Budman Gleb CEO and Chairperson, director | Sold | $203.4k12.9k shares |
| 2026-08-21 | Suidan Marc Chief Financial Officer | Sold | $33.4k2.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 4.7m $74.9m | Added +1.0m |
| Driehaus Capital Management LLC 0.25% of their portfolio | 2.7m $42.6m | New |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.5m $39.9m | Added +170.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 1.8m $28.3m | Added +147.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $24.2m | Added +179.9k |
| AWM Investment Company, Inc. 1.93% of their portfolio | 1.4m $22.2m | Unchanged |
| Pillsbury Lake Capital LLC 5.84% of their portfolio | 1.3m $21.2m | Reduced -621.4k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $19.3m | Added +104.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 1.2m $18.3m | Added +323.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.1m $16.7m | Added +388.3k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 766.2k $12.2m | Added +333.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 762.6k $12.1m | Reduced -410.0k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.58% of their portfolio | 687.5k $10.9m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 628.6k $10.0m | Added +111.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 613.8k $9.7m | Reduced -94.1k |
| Nuveen, LLC 0.00% of their portfolio | 577.8k $9.2m | Added +506.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 550.1k $8.7m | Added +249.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 495.4k $7.9m | Added +372.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 483.6k $7.7m | Added +50.2k |
| Jump Financial, LLC 0.07% of their portfolio | 469.1k $7.4m | Added +410.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 468.3k $7.4m | Added +150.6k |
| Halter Ferguson Financial Inc. 1.18% of their portfolio | 457.8k $7.3m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 423.6k $6.7m | Added +35.0k |
| MORGAN STANLEY 0.00% of their portfolio | 407.9k $6.5m | Added +249.0k |
| FMR LLC 0.00% of their portfolio | 354.5k $5.6m | Added +307.4k |
| P.A.W. CAPITAL CORP 3.89% of their portfolio | 320.0k $5.1m | Reduced -40.0k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.37% of their portfolio | 316.9k $5.0m | Reduced -157.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 316.3k $5.0m | Added +254.8k |
| PERKINS CAPITAL MANAGEMENT INC 3.68% of their portfolio | 308.7k $4.9m | Reduced -30.3k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 297.1k $4.7m | Added +136.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 249.7k $4.0m | Added +233.5k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 244.9k $3.9m | Added +23.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 243.3k $3.6m | Added +107.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.07% of their portfolio | 242.4k $3.8m | Reduced -114.3k |
| Trexquant Investment LP 0.02% of their portfolio | 226.1k $3.6m | New |
| UBS Group AG 0.00% of their portfolio | 215.7k $3.4m | Reduced -88.4k |
| NORGES BANK 0.00% of their portfolio | 215.4k $3.4m | Not comparable |
| HRT FINANCIAL LP 0.01% of their portfolio | 195.1k $3.1m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 193.8k $3.1m | Added +13.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 169.7k $2.7m | Added +48.5k |
| Regal Partners Ltd 0.14% of their portfolio | 163.1k $2.6m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 156.9k $2.5m | Reduced -21.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 155.4k $2.5m | Added +123.4k |
| Jupiter Topco LLC 0.00% of their portfolio | 151.0k $2.4m | First filing |
| Cerity Partners LLC 0.00% of their portfolio | 147.7k $2.3m | Added +1.7k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 132.4k $2.1m | Added +39.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 128.9k $2.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 123.2k $2.0m | Added +107.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 120.1k $1.9m | Added +75.2k |
| Scientech Research LLC 1.45% of their portfolio | 112.5k $1.8m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 102.5k $1.6m | Added +48.5k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 93.9k $1.5m | New |
| Informed Momentum Co LLC 0.13% of their portfolio | 89.5k $1.4m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 86.6k $1.4m | Reduced -9.9k |
| CastleKnight Management LP 0.05% of their portfolio | 86.1k $1.4m | Reduced -207.2k |
| XTX Topco Ltd 0.02% of their portfolio | 80.3k $1.3m | Reduced -46.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 76.1k $1.2m | Added +58.8k |
| SCALAR GAUGE MANAGEMENT, LLC 0.66% of their portfolio | 75.0k $1.2m | New |
| Mariner, LLC 0.00% of their portfolio | 73.8k $1.2m | Added +31.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 71.7k $1.1m | Added +4.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 69.8k $1.1m | Reduced -16.0k |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 69.6k $1.1m | Added +67.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 62.8k $995.8k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 58.3k $924.7k | Reduced -428 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 57.7k $915.1k | Added +32.2k |
| Cetera Investment Advisers 0.00% of their portfolio | 57.3k $908.7k | New |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 56.4k $894.3k | Added +36.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 53.8k $185.6k | Added +20.6k |
| Penbrook Management LLC 0.54% of their portfolio | 53.7k $851.7k | Reduced -18.4k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 51.5k $816.6k | Added +37.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 50.1k $795.4k | Reduced -688.9k |
| BARCLAYS PLC 0.00% of their portfolio | 50.0k $793.1k | Reduced -48.4k |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P 0.61% of their portfolio | 50.0k $793.0k | Reduced -245.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 49.9k $792.1k | Added +706 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 48.8k $775.0k | Added +4.7k |
| PDT Partners, LLC 0.04% of their portfolio | 48.8k $773.7k | Unchanged |
| Integrated Quantitative Investments LLC 0.11% of their portfolio | 44.2k $701.2k | New |
| Quadrature Capital Ltd 0.01% of their portfolio | 43.3k $686.8k | New |
| BAILARD, INC. 0.01% of their portfolio | 42.4k $672.5k | New |
| Walleye Trading LLC 0.01% of their portfolio | 42.1k $668.1k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 36.7k $646.2k | Added +18.3k |
| Quantbot Technologies LP 0.02% of their portfolio | 36.4k $577.8k | Added +3.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 36.2k $574.1k | Reduced -11.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 34.0k $539.9k | Added +15.0k |
| Cornerstone Investment Partners, LLC 0.02% of their portfolio | 32.7k $518.3k | New |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.00% of their portfolio | 31.9k $505.4k | New |
| Invesco Ltd. 0.00% of their portfolio | 31.8k $504.0k | Reduced -13.7k |
| Foundations Investment Advisors, LLC 0.00% of their portfolio | 30.0k $475.8k | New |
| SLT Holdings LLC 0.30% of their portfolio | 30.0k $475.8k | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 29.9k $474.2k | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 28.2k $446.7k | Added +12.6k |
| CITIGROUP INC 0.00% of their portfolio | 27.9k $442.2k | Added +24.9k |
| Creative Planning 0.00% of their portfolio | 27.8k $440.2k | Added +16.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 27.0k $428.5k | Added +733 |
| StoneX Group Inc. 0.01% of their portfolio | 26.4k $257.7k | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 23.5k $372.2k | New |
| Arax Advisory Partners 0.00% of their portfolio | 23.1k $366.3k | Added +22.8k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 22.7k $360.0k | Unchanged |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 22.2k $352.4k | New |
| TRU INDEPENDENCE ASSET MANAGEMENT 2, LLC 0.19% of their portfolio | 21.9k $348.1k | New |