BRAZE INC BRZE
COM CL A · Common Stock · CUSIP 10576N102 · ISIN US10576N1028
American software company
* 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 ($714.5k this quarter). Holder counts are more reliable. Shares outstanding: 112.6m as of 2026-05-20, 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 ≈ $21.69. Options: 10 managers hold calls ($36.6m notional), 11 hold puts ($7.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 96 |
| Q4 2022 | 96 |
| Q1 2023 | 115 |
| Q2 2023 | 166 |
| Q3 2023 | 194 |
| Q4 2023 | 234 |
| Q1 2024 | 226 |
| Q2 2024 | 225 |
| Q3 2024 | 226 |
| Q4 2024 | 224 |
| Q1 2025 | 242 |
| Q2 2025 | 222 |
| Q3 2025 | 233 |
| Q4 2025 | 260 |
| Q1 2026 | 258 |
| Q2 2026 | 246 |
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 | 135 | 95 |
| Q4 2024 | 113 | 120 |
| Q1 2025 | 148 | 93 |
| Q2 2025 | 134 | 127 |
| Q3 2025 | 147 | 106 |
| Q4 2025 | 176 | 90 |
| Q1 2026 | 171 | 113 |
| Q2 2026 | 136 | 115 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $28.7m | $14.3m | 0.50 |
| Q4 2025 | $39.1m | $26.8m | 0.68 |
| Q1 2026 | $90.3m | $24.0m | 0.27 |
| Q2 2026 | $36.6m | $7.2m | 0.20 |
Biggest buyers
| FMR LLC | Added | +12.2m |
| Pictet Asset Management Holding SA | Added | +5.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.1m |
| First Eagle Investment Management, LLC | Added | +1.1m |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Added | +1.1m |
| CITIGROUP INC | Added | +922.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +852.4k |
| NEXT CENTURY GROWTH INVESTORS LLC | New | +747.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +583.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +547.4k |
Biggest sellers
| Point72 Asset Management, L.P. | Reduced | -3.0m |
| UBS Group AG | Reduced | -2.2m |
| BARCLAYS PLC | Reduced | -1.6m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -1.4m |
| JPMORGAN CHASE & CO | Reduced | -1.2m |
| CITADEL ADVISORS LLC | Reduced | -1.1m |
| Walleye Capital LLC | Reduced | -1.0m |
| JANE STREET GROUP, LLC | Sold out | -886.4k |
| Schonfeld Strategic Advisors LLC | Reduced | -795.4k |
| 1832 Asset Management L.P. | Sold out | -730.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.0m507.1k shares |
| CITADEL ADVISORS LLC | Reduced | $8.3m383.1k shares |
| JANE STREET GROUP, LLC | Reduced | $4.4m202.9k shares |
| Verition Fund Management LLC | New | $3.3m150.0k shares |
| GROUP ONE TRADING LLC | Reduced | $3.1m142.0k shares |
| IMC-Chicago, LLC | Reduced | $2.9m131.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5m116.3k shares |
| Walleye Capital LLC | Added | $724.4k33.4k shares |
| Walleye Trading LLC | Reduced | $325.4k15.0k shares |
| Point72 Asset Management, L.P. | New | $141.0k6.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.2m56.0k shares |
| IMC-Chicago, LLC | Added | $1.2m54.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m54.2k shares |
| CITIGROUP INC | New | $1.1m50.0k shares |
| JANE STREET GROUP, LLC | Reduced | $876.3k40.4k shares |
| D. E. Shaw & Co., Inc. | Reduced | $694.1k32.0k shares |
| Walleye Trading LLC | Added | $312.3k14.4k shares |
| Walleye Capital LLC | Added | $303.7k14.0k shares |
| PEAK6 LLC | New | $216.9k10.0k shares |
| GROUP ONE TRADING LLC | Added | $117.1k5.4k 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 |
|---|---|
| FMR LLC 13G · institution +2.6 pts · filed 2026-08-06 | 15.0% |
| BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-07-27 | 7.1% |
| MCG7 Capital Inc. 13G · exempt (held before listing) -1.2 pts · filed 2026-05-14 | 6.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: INTEGRATED CORE STRATEGIES (US) LLC (1.4%, 2026-10-16), Battery Ventures XI-A, L.P. (4.6%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Magnuson William (4.8%, 2026-02-03), MILLENNIUM MANAGEMENT LLC (4.7%, 2026-01-21)
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 | — | 8 | $7.1m | $6.7m |
| Q1 2025 | 0 | — | 7 | $4.2m | $4.1m |
| Q2 2025 | 0 | — | 7 | $2.9m | $2.8m |
| Q3 2025 | 0 | — | 6 | $2.5m | $2.3m |
| Q4 2025 | 0 | — | 6 | $2.2m | $2.1m |
| Q1 2026 | 0 | — | 6 | $1.2m | $1.2m |
| Q2 2026 | 0 | — | 2 | $903.0k | $192.9k |
| Q3 2026 | 0 | — | 3 | $8.3m | $8.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-27 | Hyman Jonathan Chief Technology Officer | Sold plan | $1.4m42.0k shares |
| 2026-08-24 | McDonnell Edward M. Chief Revenue Officer | Sold plan | $932.9k29.7k shares |
| 2026-08-24 | Hyman Jonathan Chief Technology Officer | Sold plan | $310.4k10.0k shares |
| 2026-08-19 | Malik Astha Chief Business Officer | Sold plan | $464.9k15.7k shares |
| 2026-08-19 | Hyman Jonathan Chief Technology Officer | Sold plan | $282.3k9.4k shares |
| 2026-08-13 | Hyman Jonathan Chief Technology Officer | Sold plan | $1.1m35.0k shares |
| 2026-08-10 | Malik Astha Chief Business Officer | Sold plan | $930.6k33.7k shares |
| 2026-08-10 | Hyman Jonathan Chief Technology Officer | Sold plan | $276.7k10.1k shares |
| 2026-08-07 | Hyman Jonathan Chief Technology Officer | Sold plan | $483.7k17.9k shares |
| 2026-07-15 | Malik Astha Chief Business Officer | Sold plan | $1.4m51.4k shares |
| 2026-07-15 | Hyman Jonathan Chief Technology Officer | Sold plan | $66.7k2.5k shares |
| 2026-07-14 | Hyman Jonathan Chief Technology Officer | Sold plan | $801.9k31.3k shares |
| 2026-04-09 | Wiseman Susan General Counsel | Sold | $710.1k35.0k shares |
| 2026-04-06 | Winkles Isabelle Chief Financial Officer | Sold plan | $192.9k8.3k 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 |
|---|---|---|
| FMR LLC 0.02% of their portfolio | 16.9m $366.4m | Added +12.2m |
| BlackRock, Inc. 0.00% of their portfolio | 8.4m $182.2m | Added +535.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 5.6m $121.1m | Added +128.9k |
| Pictet Asset Management Holding SA 0.10% of their portfolio | 5.0m $109.5m | Added +5.0m |
| BATTERY MANAGEMENT CORP. 27.26% of their portfolio | 4.6m $100.4m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.0m $86.4m | Added +53.5k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 3.8m $82.2m | Reduced -594.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.19% of their portfolio | 2.6m $56.8m | Reduced -1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $55.2m | Added +264.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 2.5m $53.6m | Added +583.4k |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $52.1m | Added +118.4k |
| Optimus Prime Fund Management Co., Ltd. 3.23% of their portfolio | 2.0m $43.6m | Added +120.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.8m $38.9m | Added +852.4k |
| Nuveen, LLC 0.01% of their portfolio | 1.7m $37.9m | Added +299.5k |
| Solel Partners LP 6.16% of their portfolio | 1.7m $36.3m | Unchanged |
| SAPPHIRE VENTURES, L.P. 34.81% of their portfolio | 1.7m $36.1m | Unchanged |
| Stephens Investment Management Group LLC 0.35% of their portfolio | 1.5m $33.0m | Added +149.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $29.9m | Reduced -584.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.3m $27.7m | Reduced -1.1m |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 1.2m $26.5m | Added +1.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.2m $26.4m | Added +1.1m |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 1.2m $25.0m | Added +1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.2m $25.0m | Added +547.4k |
| UBS Group AG 0.00% of their portfolio | 1.1m $24.2m | Reduced -2.2m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $24.2m | Reduced -156.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $22.3m | Reduced -1.2m |
| CITIGROUP INC 0.01% of their portfolio | 932.8k $20.2m | Added +922.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 904.5k $19.6m | Added +89.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 866.3k $18.8m | Reduced -39.4k |
| Verition Fund Management LLC 0.13% of their portfolio | 859.7k $18.6m | Added +363.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 831.0k $18.0m | Added +36.4k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.86% of their portfolio | 747.3k $16.2m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 692.6k $15.0m | Added +30.5k |
| Champlain Investment Partners, LLC 0.38% of their portfolio | 679.0k $14.7m | Reduced -643.9k |
| ShawSpring Partners LLC 5.99% of their portfolio | 641.2k $13.9m | Reduced -470.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 627.9k $13.6m | Reduced -99.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 585.0k $12.7m | Added +417.8k |
| Freestone Grove Partners LP 0.08% of their portfolio | 582.4k $12.6m | Reduced -170.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 544.7k $11.8m | Added +14.5k |
| Archon Capital Management LLC 4.67% of their portfolio | 529.7k $11.5m | Added +127.0k |
| GLENMEDE TRUST CO NA 0.05% of their portfolio | 521.0k $11.3m | Reduced -17.9k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 503.9k $10.9m | New |
| Squarepoint Ops LLC 0.02% of their portfolio | 391.3k $8.5m | Added +116.1k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 385.0k $8.4m | New |
| MORGAN STANLEY 0.00% of their portfolio | 378.4k $8.2m | Reduced -727.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 361.8k $7.8m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.14% of their portfolio | 352.8k $7.7m | Added +47.6k |
| MONIMUS CAPITAL MANAGEMENT, LP 1.76% of their portfolio | 319.1k $6.9m | Added +82.7k |
| CIBC Bancorp USA Inc. 0.01% of their portfolio | 302.5k $6.6m | Reduced -2.4k |
| SG Americas Securities, LLC 0.00% of their portfolio | 297.4k $6.5m | Reduced -97.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio | 286.5k $6.2m | Added +44.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 283.2k $6.1m | Reduced -14.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 237.9k $5.6m | Added +33.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 237.4k $5.1m | Added +127.9k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 233.0k $5.1m | Reduced -60.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 224.9k $4.9m | Reduced -262.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 222.4k $4.8m | Added +28.1k |
| Quantinno Capital Management LP 0.01% of their portfolio | 217.9k $4.7m | Added +18.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 216.2k $4.7m | Added +32.5k |
| PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio | 173.4k $3.8m | Reduced -426.8k |
| Swiss National Bank 0.00% of their portfolio | 165.0k $3.6m | Added +3.2k |
| Bullseye Asset Management LLC 1.69% of their portfolio | 152.9k $3.3m | Added +305 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 148.4k $3.2m | Added +19.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 146.0k $3.2m | Reduced -26.2k |
| Jain Global LLC 0.04% of their portfolio | 144.3k $3.1m | Reduced -71.9k |
| Creative Planning 0.00% of their portfolio | 139.5k $3.0m | Reduced -5.9k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.37% of their portfolio | 125.0k $2.7m | Unchanged |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 122.7k $2.7m | Reduced -103.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 119.7k $2.6m | Added +12.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 117.1k $2.5m | Reduced -45.5k |
| Walleye Capital LLC 0.01% of their portfolio | 117.1k $2.5m | Reduced -1.0m |
| Dana Investment Advisors, Inc. 0.06% of their portfolio | 109.6k $2.4m | Added +40.9k |
| Invesco Ltd. 0.00% of their portfolio | 105.7k $2.3m | Reduced -9.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 105.2k $2.3m | Reduced -3.0m |
| Corient Private Wealth LP 0.00% of their portfolio | 102.9k $2.2m | Added +5.4k |
| Vestcor Inc 0.05% of their portfolio | 100.0k $2.2m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 98.9k $2.1m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 93.1k $2.0m | Reduced -11.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 90.7k $2.0m | Added +62.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 84.9k $1.8m | Reduced -82.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 82.1k $1.8m | Added +49.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 81.3k $1.8m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 80.8k $1.8m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 76.9k $1.7m | Added +17.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 72.4k $1.6m | Added +12.2k |
| Legal & General Group Plc 0.00% of their portfolio | 68.8k $1.5m | Added +1.6k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 67.7k $1.5m | Added +8.3k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 58.3k $1.3m | Added +137 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 55.9k $1.2m | Added +600 |
| Cetera Investment Advisers 0.00% of their portfolio | 51.0k $1.1m | Added +12.7k |
| Jasper Ridge Partners, L.P. 0.02% of their portfolio | 49.3k $1.1m | Unchanged |
| Prospera Financial Services Inc 0.02% of their portfolio | 48.7k $1.1m | Added +7.7k |
| Mariner, LLC 0.00% of their portfolio | 47.8k $1.0m | Reduced -12.1k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 46.4k $1.0m | Added +988 |
| Blackstone Inc. 0.00% of their portfolio | 45.6k $988.2k | Added +724 |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 45.2k $980.9k | New |
| Palogic Value Management, L.P. 0.35% of their portfolio | 45.0k $976.8k | Added +18.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 44.1k $956.4k | Added +2.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 41.6k $902.0k | Unchanged |
| Odyssean, LLC 0.14% of their portfolio | 39.8k $862.7k | Added +4.3k |