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 ($6.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.84. Options: 16 managers hold calls ($16.8m notional), 10 hold puts ($8.7m).
Trends to Q2 2024
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 |
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 |
| Q3 2023 | 126 | 64 |
| Q4 2023 | 151 | 76 |
| Q1 2024 | 135 | 109 |
| Q2 2024 | 143 | 103 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $10.9m | $7.2m | 0.66 |
| Q4 2023 | $18.7m | $8.9m | 0.48 |
| Q1 2024 | $31.3m | $14.5m | 0.46 |
| Q2 2024 | $16.8m | $8.7m | 0.52 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +2.0m |
| JPMORGAN CHASE & CO | Added | +998.2k |
| ICONIQ Capital, LLC | Added | +881.1k |
| CITADEL ADVISORS LLC | Added | +877.7k |
| Champlain Investment Partners, LLC | Added | +827.1k |
| VANGUARD GROUP INC | Added | +452.6k |
| Optimus Prime Fund Management Co., Ltd. | Added | +450.0k |
| BlackRock Inc. | Added | +442.0k |
| CADIAN CAPITAL MANAGEMENT, LP | Added | +367.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +352.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -8.3m |
| Invesco Ltd. | Reduced | -1.3m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -662.0k |
| Driehaus Capital Management LLC | Sold out | -525.0k |
| D. E. Shaw & Co., Inc. | Reduced | -391.0k |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -323.5k |
| FEDERATED HERMES, INC. | Reduced | -286.8k |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -237.6k |
| FRANKLIN RESOURCES INC | Sold out | -213.6k |
| Cubist Systematic Strategies, LLC | Reduced | -165.2k |
Biggest calls
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Added | $5.8m150.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.4m62.1k shares |
| JANE STREET GROUP, LLC | Reduced | $2.1m53.9k shares |
| Walleye Capital LLC | Reduced | $1.1m28.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m28.8k shares |
| ROYAL BANK OF CANADA | Unchanged | $932.0k24.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $633.1k16.3k shares |
| WOLVERINE TRADING, LLC | Added | $617.6k15.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $582.6k15.0k shares |
| IMC-Chicago, LLC | Reduced | $458.3k11.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $3.2m83.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m39.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $936.0k24.1k shares |
| ROYAL BANK OF CANADA | Unchanged | $932.0k24.0k shares |
| PEAK6 Investments LLC | New | $734.1k18.9k shares |
| IMC-Chicago, LLC | Added | $644.7k16.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $341.8k8.8k shares |
| Walleye Capital LLC | Reduced | $240.8k6.2k shares |
| GROUP ONE TRADING LLC | Added | $128.2k3.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 2024
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 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 | — |
| Q3 2023 | 0 | — | 7 | $25.6m | $25.6m |
| Q4 2023 | 0 | — | 7 | $11.2m | $9.5m |
| Q1 2024 | 0 | — | 7 | $4.2m | $4.1m |
| Q2 2024 | 0 | — | 8 | $5.0m | $4.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | Malik Pankaj Chief Accounting Officer | Sold | $86.3k2.3k shares |
| 2024-06-21 | Malik Pankaj Chief Accounting Officer | Sold | $92.2k2.6k shares |
| 2024-06-03 | Winkles Isabelle Chief Financial Officer | Sold plan | $166.6k4.5k shares |
| 2024-05-20 | Kleeger Myles Pres & CCO | Sold plan | $270.8k6.3k shares |
| 2024-05-20 | Winkles Isabelle Chief Financial Officer | Sold plan | $174.8k4.1k shares |
| 2024-05-17 | Winkles Isabelle Chief Financial Officer | Sold plan | $176.7k4.2k shares |
| 2024-05-17 | Magnuson William Chief Executive Officer, director | Sold plan | $3.6k86 shares |
| 2024-05-17 | Kleeger Myles Pres & CCO | Sold plan | $1.9k44 shares |
| 2024-05-17 | Hyman Jonathan Chief Technology Officer | Sold plan | $1.3k30 shares |
| 2024-05-17 | Wiseman Susan General Counsel | Sold plan | $80019 shares |
| 2024-05-17 | Malik Pankaj Chief Accounting Officer | Sold plan | $50512 shares |
| 2024-05-16 | Magnuson William Chief Executive Officer, director | Sold plan | $745.0k17.8k shares |
| 2024-05-16 | Kleeger Myles Pres & CCO | Sold plan | $383.2k9.2k shares |
| 2024-05-16 | Winkles Isabelle Chief Financial Officer | Sold plan | $342.6k8.2k shares |
| 2024-05-16 | Hyman Jonathan Chief Technology Officer | Sold plan | $266.6k6.4k shares |
| 2024-05-16 | Wiseman Susan General Counsel | Sold plan | $160.1k3.8k shares |
| 2024-05-16 | Malik Pankaj Chief Accounting Officer | Sold plan | $114.7k2.7k shares |
| 2024-05-15 | FERNANDEZ PHILLIP M Director | Sold plan | $63.8k1.5k shares |
| 2024-05-03 | Hyman Jonathan Chief Technology Officer | Sold plan | $42.4k1.0k shares |
| 2024-05-01 | Winkles Isabelle Chief Financial Officer | Sold plan | $184.2k4.5k shares |
| 2024-04-15 | FERNANDEZ PHILLIP M Director | Sold plan | $62.7k1.5k shares |
| 2024-04-12 | Winkles Isabelle Chief Financial Officer | Sold plan | $843.6k20.0k shares |
| 2024-04-12 | Machado Fernando Director | Sold | $100.2k2.4k shares |
| 2024-04-11 | Winkles Isabelle Chief Financial Officer | Sold plan | $358.8k8.4k shares |
| 2024-04-04 | Wiseman Susan General Counsel | Sold | $327.3k7.6k 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 2024
| Manager | Shares | Change |
|---|---|---|
| ICONIQ Capital, LLC 7.11% of their portfolio | 8.6m $332.1m | Added +881.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.3m $246.5m | Added +452.6k |
| CADIAN CAPITAL MANAGEMENT, LP 9.47% of their portfolio | 4.9m $190.4m | Added +367.1k |
| BATTERY MANAGEMENT CORP. 48.08% of their portfolio | 4.7m $183.1m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 4.6m $179.8m | Added +442.0k |
| MORGAN STANLEY 0.01% of their portfolio | 4.2m $162.9m | Reduced -8.3m |
| Champlain Investment Partners, LLC 0.69% of their portfolio | 2.9m $113.1m | Added +827.1k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 2.9m $111.6m | Added +2.0m |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.8m $69.6m | Reduced -36.5k |
| SAPPHIRE VENTURES, L.P. 57.69% of their portfolio | 1.7m $67.8m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.5m $56.9m | Added +998.2k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $50.4m | Added +61.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $49.2m | Added +79.8k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.1m $43.5m | Reduced -4.2k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.0m $40.3m | Added +877.7k |
| NORGES BANK 0.01% of their portfolio | 885.1k $34.4m | Reduced -121.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.10% of their portfolio | 881.7k $34.2m | Reduced -662.0k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 858.3k $33.3m | Added +352.4k |
| Optimus Prime Fund Management Co., Ltd. 3.82% of their portfolio | 835.0k $32.4m | Added +450.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 786.2k $30.5m | Added +64.6k |
| Fiera Capital Corp 0.09% of their portfolio | 780.6k $30.3m | Added +7.6k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 650.4k $25.3m | Added +117.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 608.8k $23.6m | Added +133.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 477.7k $18.6m | Added +73.8k |
| FEDERATED HERMES, INC. 0.04% of their portfolio | 455.2k $17.7m | Reduced -286.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 452.1k $17.6m | Added +41.9k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 428.4k $16.6m | Reduced -60.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 392.0k $15.2m | Added +38.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 371.6k $14.4m | Added +163.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 367.6k $14.3m | Added +45.5k |
| WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 347.9k $13.2m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 340.2k $13.2m | Reduced -14.4k |
| Granite Investment Partners, LLC 0.54% of their portfolio | 332.8k $12.9m | New |
| Squarepoint Ops LLC 0.05% of their portfolio | 317.3k $12.3m | Reduced -55.4k |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 298.7k $11.6m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 263.9k $10.3m | Added +57.5k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 261.7k $10.2m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 258.0k $10.0m | Added +29.4k |
| Polar Capital Holdings Plc 0.06% of their portfolio | 257.7k $10.0m | Added +56.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 238.8k $9.3m | Added +56.5k |
| Trexquant Investment LP 0.14% of their portfolio | 236.3k $9.2m | Added +176.5k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 223.3k $8.7m | Reduced -79.3k |
| IEQ CAPITAL, LLC 0.11% of their portfolio | 219.1k $8.5m | Reduced -1.3k |
| Man Group plc 0.02% of their portfolio | 215.5k $8.4m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 214.9k $8.3m | Added +16.3k |
| CIBC Private Wealth Group LLC 0.01% of their portfolio | 195.1k $7.6m | Added +151.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 189.2k $7.3m | New |
| INDUSTRY VENTURES, L.L.C. 11.30% of their portfolio | 188.8k $7.3m | New |
| M&G PLC 0.04% of their portfolio | 171.8k $6.7m | Added +19.0k |
| Engineers Gate Manager LP 0.14% of their portfolio | 164.2k $6.4m | Reduced -2.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 162.5k $6.3m | Reduced -1.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 155.1k $6.0m | Added +26.1k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 144.5k $5.6m | Reduced -165.2k |
| VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.15% of their portfolio | 141.6k $5.5m | Reduced -158.0k |
| Steadview Capital Management LLC 1.84% of their portfolio | 141.0k $5.5m | Reduced -7.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 112.2k $4.4m | Added +86.5k |
| Quantbot Technologies LP 0.20% of their portfolio | 108.8k $4.2m | Added +54.4k |
| Swiss National Bank 0.00% of their portfolio | 108.7k $4.2m | Added +2.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 106.1k $4.1m | Added +59.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 98.1k $3.8m | Added +51.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 93.2k $3.6m | Reduced -6.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 89.6k $3.5m | New |
| Cresset Asset Management, LLC 0.01% of their portfolio | 89.0k $3.5m | New |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 81.6k $3.2m | Added +33.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 75.4k $2.9m | Added +2.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 72.4k $2.8m | Added +2.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 71.2k $2.8m | Added +25 |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 67.5k $2.6m | Reduced -6.6k |
| Jump Financial, LLC 0.05% of their portfolio | 67.4k $2.6m | Reduced -25.4k |
| Neo Ivy Capital Management 0.51% of their portfolio | 66.3k $2.6m | First filing |
| Aquatic Capital Management LLC 0.09% of their portfolio | 65.8k $2.6m | Added +24.6k |
| Verition Fund Management LLC 0.02% of their portfolio | 64.0k $2.5m | Added +22.9k |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 61.2k $2.4m | New |
| TD Asset Management Inc 0.00% of their portfolio | 60.3k $2.3m | Added +45.8k |
| Crestline Management, L.P. 0.18% of their portfolio | 58.3k $2.3m | Added +35.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 57.4k $2.2m | Reduced -391.0k |
| Holocene Advisors, LP 0.01% of their portfolio | 55.3k $2.1m | New |
| B. Metzler seel. Sohn & Co. AG 0.02% of their portfolio | 54.0k $2.1m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 53.7k $2.1m | Added +23 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 53.2k $2.1m | Reduced -37.1k |
| Legal & General Group Plc 0.00% of their portfolio | 53.2k $2.1m | Added +1.8k |
| JSF Financial, LLC 0.61% of their portfolio | 51.6k $2.0m | Unchanged |
| Jasper Ridge Partners, L.P. 0.06% of their portfolio | 49.3k $1.9m | Unchanged |
| SEVEN EIGHT CAPITAL, LP 0.19% of their portfolio | 47.3k $1.8m | Added +20.7k |
| Renaissance Capital LLC 1.01% of their portfolio | 46.7k $1.8m | Added +11.8k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 45.1k $1.8m | Reduced -3.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 45.1k $1.8m | Reduced -67.9k |
| BARCLAYS PLC 0.00% of their portfolio | 43.3k $1.7m | Reduced -4.9k |
| Invesco Ltd. 0.00% of their portfolio | 43.2k $1.7m | Reduced -1.3m |
| Nebula Research & Development LLC 0.26% of their portfolio | 41.7k $1.6m | Added +29.1k |
| Aigen Investment Management, LP 0.30% of their portfolio | 40.1k $1.6m | New |
| BESSEMER GROUP INC 0.00% of their portfolio | 39.3k $1.5m | Added +11.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 37.8k $1.5m | Reduced -8.8k |
| Congress Park Capital LLC 0.58% of their portfolio | 37.3k $1.4m | New |
| AlphaQuest LLC 0.19% of their portfolio | 35.4k $1.4m | Added +31.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 35.0k $1.4m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 34.6k $1.3m | Added +3.9k |
| Eagle Bay Advisors LLC 0.81% of their portfolio | 34.3k $1.3m | Unchanged |
| Woodline Partners LP 0.01% of their portfolio | 34.2k $1.3m | Added +25.1k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.23% of their portfolio | 33.8k $1.3m | Added +12.8k |