undamentalytics Newsletter

Braze, Inc.: which funds bought and sold

Institutions that bought and sold Braze shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 136 institutions that filed 13F reports for both quarters added to or opened positions in Braze, and 113 cut or closed them. Together they added a net 8.9M shares, +9.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 7.4M shares (+26.0%); index fund managers were net buyers of 1.3M shares (+5.2%). 33 opened a new position and 42 sold out entirely.

Bought, Q2 2026 136 institutions, 33 of them new holders Sold, Q2 2026 113 institutions, 42 of them sold out
Net change, all compared +8.9M shares (+9.7%)
Net change, active managers +7.4M shares (+26.0%), 17 bought, 25 sold

Buyers versus sellers

institutions compared, 283
Active managers and hedge funds 17 bought · 25 sold · +7.4M
Index fund managers 10 bought · 1 sold · +1.3M
Other institutions 109 bought · 87 sold · +251K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager +12.2M +259.3% 16.9M $366M
Pictet Asset Management Holding SA +5.0M +38962.5% 5.0M $110M
Arrowstreet Capital, Limited Partnership Hedge fund +1.1M +1207.5% 1.2M $26.4M
First Eagle Investment Management, LLC Active manager +1.1M +669.5% 1.2M $26.5M
Nomura Asset Management International Inc. +1.1M +1106.3% 1.2M $25M
Citigroup Inc +923K +9304.5% 933K $20.2M
American Century Companies Inc Active manager +852K +90.5% 1.8M $38.9M
Next Century Growth Investors LLC +747K New position 747K $16.2M
Manufacturers Life Insurance Company, The +583K +30.9% 2.5M $53.6M
Dimensional Fund Advisors LP +547K +90.4% 1.2M $25M
Blackrock, Inc. Index funds +535K +6.8% 8.4M $182M
T. Rowe Price Investment Management, Inc. Active manager +504K New position 504K $10.9M
Connor, Clark & Lunn Investment Management Ltd. +418K +249.9% 585K $12.7M
Balyasny Asset Management L.P. Hedge fund +385K New position 385K $8.4M
Verition Fund Management LLC Hedge fund +363K +73.2% 860K $18.6M
Wellington Management Group LLP Active manager +362K New position 362K $7.8M
Nuveen, LLC +300K +20.7% 1.7M $37.9M
Geode Capital Management, LLC Index funds +265K +11.6% 2.5M $55.2M
Stephens Investment Management Group LLC +149K +10.9% 1.5M $33M
Vanguard Portfolio Management LLC Index funds +129K +2.4% 5.6M $121M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Point72 Asset Management, L.P. Hedge fund −3.0M −96.6% 105K $2.3M
UBS Group AG −2.2M −66.7% 1.1M $24.2M
Barclays PLC −1.6M −98.8% 18K $394,540
Westfield Capital Management Co LP Active manager −1.4M −34.1% 2.6M $56.8M
Jpmorgan Chase & Co −1.2M −54.0% 1.1M $22.3M
Citadel Advisors LLC Hedge fund −1.1M −46.8% 1.3M $27.7M
Walleye Capital LLC Hedge fund −1.0M −89.6% 117K $2.5M
Jane Street Group, LLC −886K Sold out 0 —
Schonfeld Strategic Advisors LLC Hedge fund −795K −98.8% 9,464 $205,273
1832 Asset Management L.P. −731K Sold out 0 —
Morgan Stanley −727K −65.8% 378K $8.2M
Champlain Investment Partners, LLC Active manager −644K −48.7% 679K $14.7M
Millennium Management LLC Hedge fund −595K −13.6% 3.8M $82.2M
Goldman Sachs Group Inc −584K −29.7% 1.4M $29.9M
Shawspring Partners LLC −471K −42.3% 641K $13.9M
Picton Mahoney Asset Management −427K −71.1% 173K $3.8M
Trexquant Investment LP Hedge fund −390K Sold out 0 —
Deutsche Bank Ag\ −262K −53.8% 225K $4.9M
First Washington Corp −222K Sold out 0 —
Canada Pension Plan Investment Board −214K −91.7% 19K $418,617

New positions

largest by value

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Jane Street Group, LLC 886K $20.9M
1832 Asset Management L.P. 731K $17.3M
Trexquant Investment LPHedge fund 390K $9.2M
First Washington Corp 222K $5.2M
Jump Financial, LLC 165K $3.9M
Healthcare Of Ontario Pension Plan Trust Fund 155K $3.7M
Algert Global LLCHedge fund 77K $1.8M
Nexpoint Asset Management, L.P. 75K $1.8M
HSBC Holdings PLC 60K $1.4M
Magnetar Financial LLCHedge fund 34K $803,637

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
243
Ten largest holders
55.6%
of 13F-reported shares
Index fund managers
25.3%
of 13F-reported shares
Active managers and hedge funds
35.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 17 25 6 7 +7.4M +26.0%
Index fund managers 10 1 0 0 +1.3M +5.2%
Other institutions 109 87 27 35 +251K +0.6%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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