BRZE
Braze, Inc. · Technology · Software - Application
Momentum inputs (comparable managers):
holder breadth -12.5% ·
share flow -7.3% ·
net new positions -20.0%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 88 | -7 | 69.49M | $1.51B | +4 | −13 |
| Q1 2026 | 100 | +12 | 58.38M | $1.38B | +18 | −6 |
| Q4 2025 | 87 | +2 | 56.08M | $1.92B | +2 | — |
| Q3 2025 | 14 | -2 | 32.83M | $933.72M | +1 | −4 |
| Q2 2025 | 14 | -1 | 29.53M | $829.91M | — | −1 |
| Q1 2025 | 12 | 0 | 9.44M | $340.46M | +1 | −1 |
| Q4 2024 | 12 | +2 | 10.19M | $426.61M | +3 | −1 |
| Q3 2024 | 9 | -1 | 5.39M | $174.31M | +1 | −2 |
| Q2 2024 | 10 | — | 5.99M | $232.60M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 8.96M | -7.0% | $254.78M | 0.0% | ▼ Trim | 2 | SEC ↗ ×5 |
| 2 | BlackRock ✦ (passive) | 6.79M | +3.1% | $193.05M | 0.0% | ▲ Add | 2 | SEC ↗ ×15 |
| 3 | JPMorgan Chase ✦ | 4.91M | — | $139.66M | 0.0% | n/c | 1 | SEC ↗ ×20 |
| 4 | Millennium Management ✦ | 3.48M | +31.6% | $99.04M | 0.1% | ▲ Add | 6 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 2.00M | +11.2% | $56.84M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 6 | State Street Global Advisors ✦ (passive) | 1.99M | +8.8% | $56.46M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 7 | Citadel Advisors ✦ | 1.16M | -48.1% | $32.92M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 8 | Morgan Stanley ✦ | 1.01M | — | $28.71M | 0.0% | n/c | 1 | SEC ↗ ×8 |
| 9 | Marshall Wace ✦ | 969.02K | -12.2% | $27.56M | 0.0% | ▼ Trim | 6 | SEC ↗ ×3 |
| 10 | Goldman Sachs Group ✦ | 843.93K | — | $24.00M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 11 | Point72 Asset Management ✦ | 298.23K | New | $8.48M | 0.0% | New | 1 | SEC ↗ |
| 12 | T. Rowe Price ✦ | 253.28K | -72.1% | $7.20M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 13 | AQR Capital Management ✦ | 173.97K | +5.6% | $4.95M | 0.0% | ▲ Add | 5 | SEC ↗ ×4 |
| 14 | Fidelity (FMR) ✦ | 2.28K | -87.6% | $64,939 | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Point72 Asset Management | $8.48M | 0.0% |
Exited
| Wellington Management | $31.37M | was 0.0% |
| Norges Bank | $24.47M | was 0.0% |
| Arrowstreet Capital | $9.75M | was 0.0% |
| Renaissance Technologies | $8.29M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 254 holders, 89.56M shares, $2.09B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 9.32K sh · $308,678
Officer · 32.68K sh · $1.05M
Officer · 5.80K sh · $184,251
Officer · 23.93K sh · $748,676
Officer · 10.00K sh · $310,400
Officer · 400 sh · $12,300
Officer · 2.29K sh · $65,826
Officer · 6.92K sh · $210,312
Officer · 200 sh · $6,150
Officer · 7.79K sh · $224,000
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology