SEZZLE INC SEZL
COM · Common Stock · CUSIP 78435P105
Financial technology company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersMinneapolis, MN
- Founded2016
- Websitesezzle.com
- 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 ($1.3m this quarter). Holder counts are more reliable. Shares outstanding: 33.7m as of 2026-08-04, 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 ≈ $171.27. Options: 15 managers hold calls ($410.7m notional), 17 hold puts ($326.5m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2023 | 5 |
| Q4 2023 | 12 |
| Q1 2024 | 24 |
| Q2 2024 | 45 |
| Q3 2024 | 89 |
| Q4 2024 | 128 |
| Q1 2025 | 133 |
| Q2 2025 | 234 |
| Q3 2025 | 210 |
| Q4 2025 | 220 |
| Q1 2026 | 221 |
| Q2 2026 | 324 |
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 | 60 | 20 |
| Q4 2024 | 90 | 34 |
| Q1 2025 | 71 | 69 |
| Q2 2025 | 178 | 61 |
| Q3 2025 | 132 | 136 |
| Q4 2025 | 135 | 99 |
| Q1 2026 | 137 | 93 |
| Q2 2026 | 213 | 105 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $56.4m | $56.5m | 1.00 |
| Q4 2025 | $47.4m | $53.8m | 1.14 |
| Q1 2026 | $81.3m | $49.4m | 0.61 |
| Q2 2026 | $410.7m | $326.5m | 0.80 |
Biggest buyers
| Driehaus Capital Management LLC | New | +476.0k |
| Divisadero Street Capital Management, LP | Added | +337.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +250.9k |
| FIRST TRUST ADVISORS LP | Added | +83.5k |
| WELLS FARGO & COMPANY/MN | Added | +82.6k |
| MARSHALL WACE, LLP | Added | +76.7k |
| Portolan Capital Management, LLC | Added | +65.7k |
| CITIGROUP INC | Added | +65.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH | New | +54.5k |
| Walleye Capital LLC | New | +51.5k |
Biggest sellers
| ARDSLEY ADVISORY PARTNERS LP | Reduced | -85.0k |
| Accredited Investors Inc. | Reduced | -79.2k |
| Proem Advisors LLC | Sold out | -68.2k |
| PEREGRINE CAPITAL MANAGEMENT LLC | Reduced | -64.7k |
| HUSSMAN STRATEGIC ADVISORS, INC. | Sold out | -63.0k |
| Buckley Capital Advisors, LLC | Sold out | -62.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -54.9k |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -51.7k |
| G2 Investment Partners Management LLC | Reduced | -48.5k |
| Trexquant Investment LP | Sold out | -44.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $113.3m660.1k shares |
| CITADEL ADVISORS LLC | Added | $75.9m442.5k shares |
| JANE STREET GROUP, LLC | Added | $64.7m377.1k shares |
| Caption Management, LLC | Reduced | $50.0m291.5k shares |
| IMC-Chicago, LLC | Added | $40.3m234.9k shares |
| GROUP ONE TRADING LLC | Added | $29.9m174.5k shares |
| Jain Global LLC | New | $12.0m70.0k shares |
| D. E. Shaw & Co., Inc. | New | $7.7m44.8k shares |
| PEAK6 LLC | New | $7.0m40.6k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $3.1m18.0k shares |
Biggest puts
| Schonfeld Strategic Advisors LLC | New | $100.4m584.7k shares |
| Caption Management, LLC | Added | $92.7m540.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.5m230.3k shares |
| GROUP ONE TRADING LLC | Added | $23.9m139.4k shares |
| CITADEL ADVISORS LLC | Added | $16.3m94.8k shares |
| IMC-Chicago, LLC | Added | $14.5m84.3k shares |
| Jain Global LLC | New | $12.0m70.0k shares |
| JANE STREET GROUP, LLC | Added | $7.4m42.9k shares |
| SIMPLEX TRADING, LLC | Added | $6.1m35.6k shares |
| TWO SIGMA INVESTMENTS, LP | New | $3.1m18.2k 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 |
|---|---|
| Youakim Charles 13D · may seek influence -4.5 pts · filed 2026-09-14 | 39.6% |
| BlackRock, Inc. 13G · institution new · filed 2026-01-21 | 7.1% |
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 | 1 | $82.2k | 3 | $8.4m | $885.9k |
| Q1 2025 | 0 | — | 1 | $3.0m | $3.0m |
| Q2 2025 | 0 | — | 4 | $55.9m | $48.6m |
| Q3 2025 | 0 | — | 3 | $6.2m | $6.2m |
| Q4 2025 | 1 | $70.0k | 1 | $466.1k | $466.1k |
| Q1 2026 | 0 | — | 7 | $3.6m | $2.2m |
| Q2 2026 | 0 | — | 3 | $14.4m | $14.4m |
| Q3 2026 | 2 | $44.0k | 4 | $8.7m | $8.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-18 | Hunt Bryan Cecil Director | Bought | $29.0k250 shares |
| 2026-08-27 | Brehm Kyle M. Director | Sold | $125.9k1.0k shares |
| 2026-08-20 | Khurana Rajeev General Counsel | Bought | $15.0k129 shares |
| 2026-07-16 | Paradis Paul Director & President, director | Sold plan | $2.1m10.7k shares |
| 2026-07-16 | Brading Lee Dickson Chief Financial Officer | Sold plan | $84.6k434 shares |
| 2026-07-15 | Brading Lee Dickson Chief Financial Officer | Sold plan | $1.9m9.9k shares |
| 2026-07-15 | Paradis Paul Director & President, director | Sold plan | $1.6m8.2k shares |
| 2026-07-06 | Brading Lee Dickson Chief Financial Officer | Sold plan | $18.5k100 shares |
| 2026-07-01 | Brading Lee Dickson Chief Financial Officer | Sold plan | $1.8m10.0k shares |
| 2026-07-01 | Sabzivand Amin Chief Operating Officer | Sold plan | $1.2m6.9k shares |
| 2026-06-26 | Brading Lee Dickson Chief Financial Officer | Sold plan | $945.1k5.6k shares |
| 2026-06-25 | Brading Lee Dickson Chief Financial Officer | Sold plan | $731.1k4.4k shares |
| 2026-06-18 | Paradis Paul Director & President, director | Sold plan | $4.3m26.4k shares |
| 2026-06-18 | Brading Lee Dickson Chief Financial Officer | Sold plan | $629.8k3.9k shares |
| 2026-06-12 | Paradis Paul Director & President, director | Sold plan | $3.5m26.4k shares |
| 2026-05-27 | Krause Justin SVP FINANCE AND CONTROLLER | Sold plan | $374.1k3.2k shares |
| 2026-05-11 | Paradis Paul Director & President, director | Sold plan | $76.9k768 shares |
| 2026-05-08 | Paradis Paul Director & President, director | Sold plan | $19.4k193 shares |
| 2026-05-07 | Paradis Paul Director & President, director | Sold plan | $2.6m25.4k shares |
| 2026-05-07 | Krause Justin SVP FINANCE AND CONTROLLER | Sold plan | $1.3m11.8k 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. 0.01% of their portfolio | 2.5m $436.5m | Added +5.3k |
| Divisadero Street Capital Management, LP 6.61% of their portfolio | 1.6m $283.1m | Added +337.9k |
| Accredited Investors Inc. 5.99% of their portfolio | 807.4k $138.6m | Reduced -79.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 760.3k $130.5m | Reduced -3.3k |
| STATE STREET CORP 0.00% of their portfolio | 659.9k $113.3m | Added +37.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 631.8k $108.4m | Added +250.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 557.8k $95.7m | Added +36.7k |
| MORGAN STANLEY 0.00% of their portfolio | 496.7k $85.3m | Added +29.3k |
| Driehaus Capital Management LLC 0.47% of their portfolio | 476.0k $81.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 467.5k $80.2m | Added +9.3k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 439.9k $75.5m | Added +46.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 352.6k $60.5m | Added +39.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 271.2k $46.5m | Reduced -54.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 260.5k $44.7m | Added +13.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 221.6k $38.0m | Reduced -28.9k |
| ARDSLEY ADVISORY PARTNERS LP 4.01% of their portfolio | 215.0k $36.9m | Reduced -85.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 166.6k $28.6m | Added +12.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 158.6k $27.2m | Added +6.2k |
| CITIGROUP INC 0.01% of their portfolio | 153.3k $26.3m | Added +65.6k |
| Portolan Capital Management, LLC 0.87% of their portfolio | 135.7k $23.3m | Added +65.7k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 129.2k $22.2m | Added +83.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 120.0k $20.6m | Added +2.5k |
| G2 Investment Partners Management LLC 3.72% of their portfolio | 118.9k $20.4m | Reduced -48.5k |
| Jupiter Topco LLC 0.01% of their portfolio | 113.2k $19.4m | First filing |
| Invesco Ltd. 0.00% of their portfolio | 113.2k $19.4m | Reduced -10.8k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 103.6k $17.8m | Added +76.7k |
| Vident Advisory, LLC 0.13% of their portfolio | 98.9k $17.0m | Added +17.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 98.5k $16.9m | Added +2.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.11% of their portfolio | 93.9k $16.1m | Reduced -23.8k |
| UBS Group AG 0.00% of their portfolio | 92.3k $15.8m | Reduced -979 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 91.7k $15.7m | Added +82.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 86.9k $14.9m | Reduced -26.0k |
| Madison Asset Management, LLC 0.13% of their portfolio | 61.7k $10.6m | Reduced -1.2k |
| NAVELLIER & ASSOCIATES INC 0.80% of their portfolio | 59.1k $10.1m | Added +5.7k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 57.7k $9.9m | Reduced -3.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 54.5k $9.4m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 52.1k $3.3m | Reduced -9.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 51.8k $8.9m | Added +17.6k |
| Walleye Capital LLC 0.04% of their portfolio | 51.5k $8.8m | New |
| LPL Financial LLC 0.00% of their portfolio | 49.1k $8.4m | Added +15.4k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 46.1k $7.9m | Reduced -14.1k |
| CVFG LLC 0.76% of their portfolio | 42.3k $7.3m | Reduced -950 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 41.9k $7.3m | Added +1.6k |
| Legal & General Group Plc 0.00% of their portfolio | 41.6k $7.1m | Added +3.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 38.0k $6.5m | Reduced -5.9k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 37.0k $6.4m | Added +16.1k |
| Nuveen, LLC 0.00% of their portfolio | 36.5k $6.3m | Added +3.6k |
| Swiss National Bank 0.00% of their portfolio | 33.9k $5.8m | Reduced -3.0k |
| LORD, ABBETT & CO. LLC 0.02% of their portfolio | 33.3k $5.7m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 31.0k $5.3m | Added +4.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 30.5k $5.2m | Reduced -6.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 30.0k $5.2m | Reduced -2.4k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 29.6k $5.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 28.1k $4.8m | Reduced -4.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio | 25.8k $4.4m | Reduced -18.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 25.2k $4.3m | New |
| OMERS ADMINISTRATION Corp 0.03% of their portfolio | 25.0k $4.3m | Added +3.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 20.5k $3.5m | Reduced -64.7k |
| Voleon Capital Management LP 0.06% of their portfolio | 20.4k $3.5m | Reduced -43.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 20.3k $3.5m | New |
| FIL Ltd 0.00% of their portfolio | 20.0k $3.4m | New |
| CREDIT AGRICOLE S A 0.01% of their portfolio | 20.0k $3.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 19.4k $3.3m | Reduced -8.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 19.3k $3.3m | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 19.0k $3.3m | Added +1.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 18.8k $3.2m | Reduced -1.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 18.3k $3.1m | Added +3.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 18.1k $3.1m | Added +216 |
| Regal Partners Ltd 0.17% of their portfolio | 17.8k $3.1m | Added +13.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 17.8k $3.0m | Added +830 |
| BARCLAYS PLC 0.00% of their portfolio | 17.5k $3.0m | Added +13.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 17.3k $3.0m | Reduced -210 |
| Creative Planning 0.00% of their portfolio | 17.0k $2.9m | Added +1.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 16.9k $2.9m | Unchanged |
| Bleakley Financial Group, LLC 0.04% of their portfolio | 16.7k $2.9m | New |
| Lisanti Capital Growth, LLC 0.62% of their portfolio | 16.3k $2.8m | New |
| FMR LLC 0.00% of their portfolio | 15.1k $2.6m | Added +11.3k |
| Quadrature Capital Ltd 0.02% of their portfolio | 14.8k $2.5m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 14.6k $2.5m | Added +487 |
| Focus Financial Network, Inc. 0.08% of their portfolio | 14.5k $2.5m | New |
| Quantbot Technologies LP 0.10% of their portfolio | 14.1k $2.4m | New |
| FORA Capital, LLC 0.17% of their portfolio | 14.1k $2.4m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 13.7k $2.4m | Added +3.4k |
| COOKSON PEIRCE & CO INC 0.07% of their portfolio | 13.2k $2.3m | New |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 12.9k $2.2m | Reduced -3.0k |
| SIMPLEX TRADING, LLC 0.06% of their portfolio | 12.6k $2.2m | Added +12.4k |
| Aquatic Capital Management LLC 0.07% of their portfolio | 12.2k $2.1m | Reduced -32.0k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 12.1k $2.1m | Reduced -11.5k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 12.1k $2.1m | Added +8.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 11.8k $2.0m | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 11.7k $2.1m | Reduced -2.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 11.0k $1.9m | Reduced -357 |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 10.7k $1.8m | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 10.6k $1.8m | Reduced -3.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 10.5k $1.8m | New |
| Mariner, LLC 0.00% of their portfolio | 10.1k $1.7m | Added +1.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 9.6k $1.7m | Reduced -5.0k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 9.6k $1.6m | Added +456 |
| Belpointe Asset Management LLC 0.05% of their portfolio | 9.1k $1.6m | New |
| Fortis Capital Advisors, LLC 0.18% of their portfolio | 9.1k $1.6m | New |