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. Holder counts are more reliable. Implied quarter-end price ≈ $43.79. Options: 7 managers hold calls ($7.4m notional), 9 hold puts ($8.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 96 |
| Q4 2022 | 96 |
| Q1 2023 | 115 |
| Q2 2023 | 166 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 57 | 44 |
| Q1 2023 | 64 | 37 |
| Q2 2023 | 125 | 41 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.3m | $1.8m | 0.53 |
| Q4 2022 | $7.6m | $6.2m | 0.82 |
| Q1 2023 | $3.1m | $5.5m | 1.78 |
| Q2 2023 | $7.4m | $8.9m | 1.20 |
Biggest buyers
| BlackRock Inc. | Added | +1.9m |
| VANGUARD GROUP INC | Added | +1.6m |
| DEUTSCHE BANK AG\ | Added | +1.3m |
| NORGES BANK | Added | +899.6k |
| T. Rowe Price Investment Management, Inc. | Added | +622.8k |
| STATE STREET CORP | Added | +513.7k |
| Invesco Ltd. | Added | +472.1k |
| Schonfeld Strategic Advisors LLC | Added | +451.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +430.2k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +386.1k |
Biggest sellers
| BATTERY MANAGEMENT CORP. | Reduced | -2.0m |
| ICONIQ Capital, LLC | Reduced | -2.0m |
| Meritech Capital Associates V L.L.C. | Sold out | -1.4m |
| CADIAN CAPITAL MANAGEMENT, LP | Reduced | -899.4k |
| Jericho Capital Asset Management L.P. | Sold out | -667.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -276.7k |
| FMR LLC | Reduced | -244.5k |
| Optimus Prime Fund Management Co., Ltd. | Reduced | -202.0k |
| MORGAN STANLEY | Reduced | -141.5k |
| HRT FINANCIAL LP | Sold out | -138.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m87.8k shares |
| CITADEL ADVISORS LLC | Added | $2.2m51.3k shares |
| JANE STREET GROUP, LLC | Added | $989.7k22.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $306.0k7.0k shares |
| GROUP ONE TRADING LLC | Added | $52.5k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | New | $0100 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.6m82.8k shares |
| CITADEL ADVISORS LLC | Added | $3.0m68.8k shares |
| GROUP ONE TRADING LLC | New | $687.5k15.7k shares |
| SIMPLEX TRADING, LLC | Added | $634.0k14.5k shares |
| JANE STREET GROUP, LLC | New | $621.8k14.2k shares |
| Walleye Trading LLC | New | $271.5k6.2k shares |
| Walleye Capital LLC | New | $70.1k1.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | New | $0400 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 in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 3 | $42.2m | 0 | — | — |
| Q1 2022 | 0 | — | 1 | $321.7k | — |
| Q2 2022 | 2 | $15.0m | 4 | $3.2m | — |
| Q3 2022 | 2 | $37.0m | 5 | $8.0m | — |
| Q4 2022 | 2 | $32.3k | 3 | $1.9m | — |
| Q1 2023 | 0 | — | 2 | $163.4k | — |
| Q2 2023 | 0 | — | 6 | $2.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-15 | Magnuson William Chief Executive Officer, director | Sold | $335.1k11.3k shares |
| 2023-05-15 | Winkles Isabelle Chief Financial Officer | Sold | $153.2k5.2k shares |
| 2023-05-15 | Kleeger Myles Pres & CCO | Sold | $139.5k4.7k shares |
| 2023-05-15 | Hyman Jonathan Chief Technology Officer | Sold | $103.4k3.5k shares |
| 2023-05-15 | Wiseman Susan General Counsel | Sold | $77.8k2.6k shares |
| 2023-05-15 | Malik Pankaj Chief Accounting Officer | Sold | $77.2k2.6k shares |
| 2023-04-14 | BROWN MICHAEL MAURICE 10% owner | Sold | $809.4k24.9k shares |
| 2023-04-14 | BROWN MICHAEL MAURICE 10% owner | Sold | $381.3k11.7k shares |
| 2023-04-14 | BROWN MICHAEL MAURICE 10% owner | Sold | $95.3k2.9k shares |
| 2023-04-13 | Wiseman Susan General Counsel | Sold | $333.2k10.0k shares |
| 2023-04-13 | Feldman Jesse 10% owner | Sold | $256.0k7.5k shares |
| 2023-04-13 | BROWN MICHAEL MAURICE 10% owner | Sold | $212.0k6.2k shares |
| 2023-04-12 | Feldman Jesse 10% owner | Sold | $144.7k4.3k shares |
| 2023-04-11 | Battery Ventures XI-B Side Fund, L.P. +7 10% owner · By Trust | Sold | $1.4m43.0k shares |
| 2023-04-11 | Winkles Isabelle Chief Financial Officer | Sold | $892.9k27.0k shares |
| 2023-04-10 | Winkles Isabelle Chief Financial Officer | Sold | $20.1k600 shares |
| 2023-04-05 | Malik Pankaj Chief Accounting Officer | Sold | $47.3k1.4k shares |
| 2023-04-04 | Malik Pankaj Chief Accounting Officer | Sold | $53.5k1.5k 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 2023
| Manager | Shares | Change |
|---|---|---|
| ICONIQ Capital, LLC 4.90% of their portfolio | 6.7m $292.1m | Reduced -2.0m |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.0m $220.6m | Added +1.6m |
| CADIAN CAPITAL MANAGEMENT, LP 9.70% of their portfolio | 4.7m $205.1m | Reduced -899.4k |
| MORGAN STANLEY 0.02% of their portfolio | 4.5m $196.5m | Reduced -141.5k |
| BATTERY MANAGEMENT CORP. 29.29% of their portfolio | 3.2m $142.0m | Reduced -2.0m |
| BlackRock Inc. 0.00% of their portfolio | 2.6m $114.1m | Added +1.9m |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.4m $104.1m | Added +263.2k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 2.2m $95.1m | Added +1.3m |
| SAPPHIRE VENTURES, L.P. 41.98% of their portfolio | 1.7m $76.4m | Unchanged |
| NORGES BANK 0.01% of their portfolio | 963.6k $42.2m | Added +899.6k |
| Steadview Capital Management LLC 8.55% of their portfolio | 792.2k $34.7m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 789.9k $34.6m | Added +430.2k |
| STATE STREET CORP 0.00% of their portfolio | 775.9k $34.0m | Added +513.7k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 768.4k $33.6m | Added +622.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 747.6k $32.7m | Added +385.6k |
| Schonfeld Strategic Advisors LLC 0.27% of their portfolio | 710.0k $31.1m | Added +451.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 693.0k $30.3m | Added +217.6k |
| Meritech Capital Associates VI L.L.C. 32.01% of their portfolio | 616.7k $27.0m | Unchanged |
| CIBC Private Wealth Group LLC 0.03% of their portfolio | 613.0k $26.8m | Added +44.2k |
| Invesco Ltd. 0.01% of their portfolio | 483.7k $21.2m | Added +472.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio | 459.0k $20.1m | Added +199.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 434.6k $19.0m | Added +108.9k |
| Optimus Prime Fund Management Co., Ltd. 2.58% of their portfolio | 422.2k $18.5m | Reduced -202.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 401.2k $17.6m | Added +165.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 399.0k $17.5m | Added +316.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 386.1k $16.9m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 342.4k $15.0m | Added +255.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 292.3k $12.8m | Added +168.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 277.5k $12.2m | Added +94.6k |
| Polar Capital Holdings Plc 0.08% of their portfolio | 267.2k $11.7m | Added +110.2k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 258.8k $11.3m | Added +229.1k |
| FMR LLC 0.00% of their portfolio | 254.4k $11.1m | Reduced -244.5k |
| Strategic Vision Investment Ltd 5.14% of their portfolio | 231.1k $10.1m | New |
| Cavalry Management Group, LLC 3.81% of their portfolio | 197.7k $8.7m | New |
| SQN Investors LP 3.84% of their portfolio | 189.4k $8.3m | New |
| Cubist Systematic Strategies, LLC 0.09% of their portfolio | 182.2k $8.0m | Added +30.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 172.1k $7.5m | Added +53.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 158.8k $7.0m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 158.7k $7.0m | New |
| 1832 Asset Management L.P. 0.01% of their portfolio | 150.0k $6.6m | New |
| TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio | 148.2k $6.5m | Added +131.8k |
| Weiss Multi-Strategy Advisers LLC 0.12% of their portfolio | 122.8k $5.4m | Added +44.9k |
| Trexquant Investment LP 0.14% of their portfolio | 122.4k $5.4m | New |
| Jefferies Financial Group Inc. 0.11% of their portfolio | 117.6k $5.1m | Added +109.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 116.5k $5.1m | New |
| GILDER GAGNON HOWE & CO LLC 0.07% of their portfolio | 110.5k $4.8m | Added +561 |
| UBS Group AG 0.00% of their portfolio | 103.1k $4.5m | Added +94.6k |
| Global IMC LLC 1.16% of their portfolio | 90.2k $3.9m | New |
| Swiss National Bank 0.00% of their portfolio | 87.6k $3.8m | Added +25.4k |
| Quantbot Technologies LP 0.25% of their portfolio | 85.5k $3.7m | Added +70.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 85.4k $3.7m | Reduced -43.7k |
| JSF Financial, LLC 1.23% of their portfolio | 79.1k $3.5m | Reduced -12.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 70.8k $3.1m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 56.4k $2.5m | New |
| Quadrature Capital Ltd 0.05% of their portfolio | 55.6k $2.4m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 53.0k $2.3m | Reduced -15.1k |
| Jasper Ridge Partners, L.P. 0.11% of their portfolio | 49.3k $2.2m | Added +16.5k |
| PDT Partners, LLC 0.29% of their portfolio | 48.8k $2.1m | Reduced -3.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.9k $2.1m | Added +21.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 44.1k $1.9m | New |
| CITIZENS FINANCIAL GROUP INC/RI 0.07% of their portfolio | 44.0k $1.9m | New |
| JACOB ASSET MANAGEMENT OF NEW YORK LLC 2.11% of their portfolio | 42.7k $1.9m | Reduced -404 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 41.5k $1.8m | Added +17.2k |
| Legal & General Group Plc 0.00% of their portfolio | 35.7k $1.6m | Added +25.7k |
| AlpInvest Partners B.V. 0.43% of their portfolio | 35.6k $1.6m | Added +14.8k |
| Eagle Bay Advisors LLC 0.86% of their portfolio | 34.3k $1.5m | Unchanged |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.15% of their portfolio | 32.7k $1.4m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 32.6k $1.4m | Reduced -276.7k |
| Holocene Advisors, LP 0.01% of their portfolio | 32.2k $1.4m | Added +17.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 32.1k $1.4m | Added +1.6k |
| Checchi Capital Advisers, LLC 0.11% of their portfolio | 29.4k $1.3m | Unchanged |
| Creative Planning 0.00% of their portfolio | 28.9k $1.3m | Added +101 |
| Temasek Holdings (Private) Ltd 0.01% of their portfolio | 26.4k $1.2m | New |
| Walleye Capital LLC 0.02% of their portfolio | 25.6k $1.1m | New |
| Bayesian Capital Management, LP 0.11% of their portfolio | 23.4k $1.0m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.04% of their portfolio | 23.0k $1.0m | Reduced -2.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 23.0k $795.6k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 21.5k $942.5k | New |
| Amundi 0.00% of their portfolio | 21.0k $916.1k | Added +15.1k |
| Bullseye Asset Management LLC 0.45% of their portfolio | 20.6k $905.0k | Added +6.6k |
| Stanley-Laman Group, Ltd. 0.15% of their portfolio | 20.6k $901.4k | Reduced -1.6k |
| O'Neil Global Advisors, Inc. 0.18% of their portfolio | 20.2k $886.0k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 19.9k $870.5k | Added +5.1k |
| CITIGROUP INC 0.00% of their portfolio | 18.7k $819.1k | Reduced -11.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 18.3k $803.5k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 17.4k $759.9k | Added +16.6k |
| FORA Capital, LLC 0.11% of their portfolio | 17.2k $752.9k | New |
| Allen Investment Management, LLC 0.01% of their portfolio | 17.2k $751.2k | Unchanged |
| Pearl River Capital, LLC 0.12% of their portfolio | 16.9k $742.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 16.6k $727.8k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 16.2k $708.4k | Reduced -63.7k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 15.7k $688.2k | New |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 15.7k $686.7k | Reduced -159 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 14.7k $641.7k | New |
| BARCLAYS PLC 0.00% of their portfolio | 14.1k $619.3k | Added +11.0k |
| SG Americas Securities, LLC 0.01% of their portfolio | 13.7k $602.0k | Added +4.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 13.7k $599.9k | New |
| Nebula Research & Development LLC 0.45% of their portfolio | 13.7k $599.6k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 13.4k $588.4k | New |
| Renaissance Capital LLC 0.33% of their portfolio | 13.4k $587.4k | Reduced -2.9k |