Vault-13

BLAIZE HLDGS INC BZAIW

*W EXP 01/13/203 · Equity WRT · CUSIP 092915115

22 institutional holders +0 vs Q1 2026
7,345,3817.3m shares reported held*
$2.5mreported value*
2 new 2 added 6 reduced 2 sold out net sold ≈ $104.6k (-315.7k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.34.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q1 25: 25Q2 25: 25Q3 25: 24Q4 25: 21Q1 26: 22Q2 26: 2222Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202525
Q2 202525
Q3 202524
Q4 202521
Q1 202622
Q2 202622

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q2 25: 4 bought or addedQ2 25: 5 cut or sold outQ2 25Q3 25: 6 bought or addedQ3 25: 10 cut or sold outQ3 25Q4 25: 5 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 5 bought or addedQ1 26: 6 cut or sold outQ1 26Q2 26: 4 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 202545
Q3 2025610
Q4 2025513
Q1 202656
Q2 202648

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60k$80kQ3 25 calls: $69.7kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$69.7k$00.00
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

StoneX Group Inc. New +45,830+45.8k
Virtu Financial LLC New +10,185+10.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,183+1.2k
GOLDMAN SACHS GROUP INC Added +653+653

Biggest sellers

Hudson Bay Capital Management LP Reduced -101,911-101.9k
Ionic Capital Management LLC Sold out -84,427-84.4k
Clear Street Group Inc. Reduced -70,054-70.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -55,646-55.6k
Sculptor Capital LP Reduced -33,911-33.9k
Ground Swell Capital, LLC Sold out -10,357-10.4k
Apollon Wealth Management, LLC Reduced -10,000-10.0k
RPO LLC Reduced -7,200-7.2k

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)

BuyingSelling
404Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 3 sellingQ3 26: 0 buyingQ3 26: 2 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—3$826.4k$826.4k
Q3 20260—2$123.1k$123.1k
DateInsiderTradeSharesPrice ValueTheir holding
2026-07-06 Cannestra Anthony Director Sold plan 50,000 $1.35 $67.5k50.0k shares -100%
2026-07-01 Sehmi Harminder Chief Financial Officer Sold plan 40,609 $1.37 $55.6k40.6k shares -14%
2026-06-08 Cannestra Anthony Director Sold plan 50,000 $1.68 $84.0k50.0k shares -100%
2026-06-01 Sehmi Harminder Chief Financial Officer Sold plan 40,609 $1.82 $73.9k40.6k shares -12%
2026-05-11 Cannestra Anthony Director Sold plan 50,000 $1.85 $92.5k50.0k shares -100%
2026-05-01 Sehmi Harminder Chief Financial Officer Sold plan 40,609 $1.97 $80.0k40.6k shares -11%
2026-04-20 Sehmi Harminder Chief Financial Officer Sold plan 123,460 $2.28 $281.5k123.5k shares -24%
2026-04-17 Munagala Dinakar Chief Executive Officer, director Sold plan 50,000 $2.54 $127.0k50.0k shares -9%
2026-04-06 Cannestra Anthony Director Sold plan 50,000 $1.75 $87.5k50.0k shares -100%

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 1,000,0001.0m $330.3k $330.3k 0.00% Unchanged
2 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 900,000900.0k $297.3k $297.3k 0.00% Unchanged
3 Caption Management, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 898,556898.6k $296.8k $296.8k 0.01% Unchanged
4 Saba Capital Management, L.P. 0.01% of their portfolio NEW YORK, NY 874,225874.2k $309.6k $309.6k 0.01% Unchanged
5 MMCAP International Inc. SPC 0.02% of their portfolio GRAND CAYMAN, E9 750,000750.0k $247.7k $247.7k 0.02% Unchanged
6 LMR Partners LLP 0.00% of their portfolio LONDON, X0 615,000615.0k $203.1k $203.1k 0.00% Unchanged
7 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 559,887559.9k $198.3k $198.3k 0.00% Unchanged
8 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 353,877353.9k $116.9k $116.9k 0.00% Reduced -101.9k -101,911
9 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 349,730349.7k $115.5k $115.5k 0.00% Reduced -55.6k -55,646
10 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 209,250209.2k $69.1k $69.1k 0.00% Unchanged
11 Sculptor Capital LP 0.00% of their portfolio New York, NY 188,799188.8k $62.4k $62.4k 0.00% Reduced -33.9k -33,911
12 Q Global Advisors, LLC 0.03% of their portfolio FORT WORTH, TX 150,000150.0k $50.0k $50.0k 0.03% Unchanged
13 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 134,700134.7k $44.5k $44.5k 0.00% Unchanged
14 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 131,375131.4k $43.4k $43.4k 0.00% Reduced -70.1k -70,054
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 49,72449.7k $16.4k $16.4k 0.00% Added +1.2k +1,183
16 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 48,52048.5k $16.0k $16.0k 0.00% Reduced -10.0k -10,000
17 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 45,83045.8k $19.1k $19.1k 0.00% New
18 RPO LLC 0.05% of their portfolio Stamford, CT 38,32038.3k $12.7k $12.7k 0.05% Reduced -7.2k -7,200
19 Yakira Capital Management, Inc. 0.00% of their portfolio Westport, CT 26,43926.4k $8.7k $8.7k 0.00% Unchanged
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,96411.0k $3.6k $3.6k 0.00% Added +653 +653
21 Virtu Financial LLC 0.00% of their portfolio New York, NY 10,18510.2k $3.0k $3.0k 0.00% New
22 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,9673.0k $891 $891 0.00% Unchanged