Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Braze Inc (BRZE)

241 + Investors. Track Smart Money conviction in BRZE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -12
Streak
2Q ▼
Buyers last Q
54%

Smart Money Signals — BRZE

Based on 247 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their BRZE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
247 funds currently hold this stock — 94% of the 3.0-year high of 264 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

148 buying126 selling
Last quarter: 148 funds bought or added vs 126 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-24 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 63 → 70 → 62 → 38. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 30% medium ■ 30% new
101 out of 247 hedge funds have held BRZE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

45 → 63 → 70 → 62 → 38 new funds/Q
New funds entering each quarter: 63 → 70 → 62 → 38. BRZE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 51% veterans vs 32% newcomers

■ 51% veterans ■ 17% 1-2yr ■ 32% new
Entry-cohort mix of 259 holders: 132 (51%) are 2+ year veterans, 44 entered 1–2 years ago, and 83 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
50 of 244 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in BRZE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BRZE

In 2026 Q2, 148 hedge funds were net buyers of BRZE (38 opened a new position, 110 added to an existing one), while 126 reduced or exited (76 trimmed, 50 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 56% of total institutional value in BRZE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 247.

Hedge Fund Ownership: BRZE

How many hedge funds hold BRZE — quarterly history vs. share price
Quarterly hedge fund ownership of BRZE vs. share price

Market Analysis: BRZE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BRZE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Braze Inc (BRZE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BRZE has moved relative to its sector benchmark (XLK) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 82d ago
BRZE
+12.6%
XLK
-0.5%

BRZE outperformed XLK by +13.1% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 37d ago
BRZE
-15.6%
XLK
-0.2%

Since the filing became public, BRZE outperformed XLK by -15.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 0 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: BRZE
241 + Investors

Track Smart Money conviction in BRZE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 241 259 -6.95%
13F Shares 102M 95M 7.48%
Total Value $2.18B $2.22B -2.01%
New Positions 37 62 -25
Increased Positions 102 116 -14
Closed Positions 52 66 -14
Reduced Positions 74 54 +20
Total Calls 7 11 -36.36%
Total Puts 8 12 -33.33%
PUT/CALL Ratio 1.14 1.09 Neutral

Statistics: BRZE

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

241 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BRZE. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BRZE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sapphire Ventures, L.P. 34.81% 1,665,798 $36.1M
2 Battery Management Corp. 27.26% 4,628,289 $100.4M
3 Solel Partners LP 6.16% 1,672,000 $36.3M
4 ShawSpring Partners LLC 5.99% 641,194 $13.9M
5 Archon Capital Management LLC 4.67% 529,747 $11.5M
6 Optimus Prime Fund Management Co., Ltd. 3.23% 2,010,000 $43.6M
7 Monimus Capital Management, LP 1.60% 319,141 $6.9M
8 Next Century Growth Investors LLC 0.86% 747,301 $16.2M
9 Champlain Investment Partners, LLC 0.38% 679,048 $14.7M
10 HERALD INVESTMENT MANAGEMENT Ltd 0.37% 125,000 $2.7M
11 Stephens Investment Management Group LLC 0.35% 1,520,241 $33.0M
12 Palogic Value Management, L.P. 0.32% 45,036 $977K
13 Sincerus Advisory, LLC 0.20% 13,766 $299K
14 Peregrine Capital Management LLC 0.20% 283,211 $6.1M
15 Westfield Capital Management Co LP 0.19% 2,617,532 $56.8M
16 Whetstone Capital Advisors, LLC 0.18% 30,927 $671K
17 Susquehanna Fundamental Investments, LLC 0.14% 352,764 $7.7M
18 Odyssean, LLC 0.14% 39,772 $863K
19 JSF Financial, LLC 0.13% 38,558 $836K
20 Capstone Capital Management Ltd 0.11% 11,800 $256K
21 Pictet Asset Management Holding SA 0.10% 5,049,223 $109.5M
22 Verition Fund Management LLC 0.09% 859,726 $18.6M
23 Polymer Capital Management (US) LLC 0.09% 32,094 $696K
24 Virtus Advisers, LLC 0.09% 10,561 $229K
25 Freestone Grove Partners LP 0.08% 582,390 $12.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Braze Inc (BRZE)

What does the Smart Money Trend signal show for BRZE?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their BRZE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BRZE?

Slight buying edge — 54% buying: Last quarter: 148 funds bought or added vs 126 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BRZE holders?

Elite ownership — 56% AUM from top-100 funds: 50 of 244 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in BRZE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BRZE?

41% of holders stayed for 2+ years: 101 out of 247 hedge funds have held BRZE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Braze Inc (BRZE) following the 2026 Q2 hedge fund 13F filings?

As of today, BRZE has moved -15.6% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.2% for the XLK sector ETF — an outperformance of -15.4%. Since the quarter end (June 30, 2026), BRZE has gained +12.6% vs -0.5% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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