Braze, Inc. - Class A Common Stock, $0.0001 par value per share (BRZE) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2021 to Q4 2025

Type / Class
Equity / Class A Common Stock, $0.0001 par value per share
Symbol
BRZE on Nasdaq
Shares outstanding
107,663,170
Price per share
$25.12
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
81,972,561
Total reported value
$2,810,231,492
% of total 13F portfolios
0.02%
Share change
+7,397,295
Value change
+$283,260,518
Number of holders
259
Price from insider filings
$25.12
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Braze, Inc. - Class A Common Stock, $0.0001 par value per share (BRZE) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 9% -11% $254,777,323 +$1,322,688 8,958,415 +0.52% The Vanguard Group 30 Sep 2025
MCG7 Capital Inc. 7.2% -26% $229,566,649 -$30,070,000 7,634,408 -12% MCG7 Capital Inc. 31 Dec 2025
INTEGRATED CORE STRATEGIES (US) LLC 5.6% $215,915,847 6,296,685 Millennium Management LLC 27 Jan 2026
Battery Ventures XI-A, L.P. 5.3% -30% $171,583,870 -$58,835,684 5,706,148 -26% Neeraj Agrawal 31 Dec 2025
Magnuson William 4.8% -6.6% $186,619,364 +$2,225,618 5,442,321 +1.2% Magnuson William 30 Jan 2026
BlackRock, Inc. 6.1% $162,252,943 5,349,586 BlackRock, Inc. 31 Mar 2025
MILLENNIUM MANAGEMENT LLC 4.7% $166,437,852 4,853,774 Millennium Management LLC 14 Jan 2026
CADIAN CAPITAL MANAGEMENT, LP 2.9% -44% $74,506,785 -$53,534,097 2,651,487 -42% Cadian Capital Management, LP 30 Jun 2025

As of 31 Dec 2025, 259 institutional investors reported holding 81,972,561 shares of Braze, Inc. - Class A Common Stock, $0.0001 par value per share (BRZE). This represents 76% of the company’s total 107,663,170 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Braze, Inc. - Class A Common Stock, $0.0001 par value per share (BRZE) together control 57% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 9.1% 9,851,050 +10% 0% $337,792,504
BlackRock, Inc. 6.7% 7,172,379 +5.7% 0% $245,940,875
MILLENNIUM MANAGEMENT LLC 3.7% 4,012,030 +15% 0.1% $137,572,509
BATTERY MANAGEMENT CORP. 3% 3,264,864 +35% 18% $111,952,187
Point72 Asset Management, L.P. 2.9% 3,088,652 +936% 0.17% $105,909,877
ALLIANCEBERNSTEIN L.P. 2.4% 2,576,418 +28% 0.03% $88,345,373
JPMORGAN CHASE & CO 2.2% 2,319,863 -5.5% 0.01% $79,548,129
WESTFIELD CAPITAL MANAGEMENT CO LP 2% 2,187,275 +0.43% 0.31% $75,001,660
Alyeska Investment Group, L.P. 2% 2,105,024 +592% 0.2% $72,181,273
STATE STREET CORP 1.9% 2,084,626 +5% 0% $71,481,826
GEODE CAPITAL MANAGEMENT, LLC 1.9% 2,082,739 +4.2% 0% $71,430,164
CITADEL ADVISORS LLC 1.9% 2,002,451 +73% 0.05% $68,664,045
Optimus Prime Fund Management Co., Ltd. 1.7% 1,780,000 0% 4.9% $61,036,200
Champlain Investment Partners, LLC 1.6% 1,670,640 -38% 0.58% $57,286,246
SAPPHIRE VENTURES, L.L.C. 1.5% 1,665,798 0% 77% $57,120,213
UBS Group AG 1.5% 1,576,931 +23% 0.01% $54,072,964
ShawSpring Partners LLC 1.4% 1,473,005 -20% 9.5% $50,509,341
MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.3% 1,446,064 +3.5% 0.04% $49,585,535
BARCLAYS PLC 1.3% 1,429,076 +1.8% 0.02% $49,003,015
BANK OF AMERICA CORP /DE/ 1.3% 1,359,054 +0.58% 0% $46,601,968
Nuveen, LLC 1.3% 1,353,709 +17% 0.01% $46,418,682
Solel Partners LP 1.2% 1,272,200 +71% 7.1% $43,623,738
Squarepoint Ops LLC 1.2% 1,256,122 +51% 0.09% $43,072,423
Stephens Investment Management Group LLC 1.1% 1,233,143 +8.7% 0.55% $42,284,473
TimesSquare Capital Management, LLC 0.87% 937,020 +3.5% 0.48% $32,130,416

Institutional Holders of Braze, Inc. - Class A Common Stock, $0.0001 par value per share (BRZE) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 81,972,561 $2,810,231,492 +$283,260,518 $34.29 259
2025 Q3 74,731,824 $2,125,394,792 +$81,122,104 $28.44 231
2025 Q2 71,665,549 $2,015,398,369 +$30,387,603 $28.10 219
2025 Q1 69,651,536 $2,511,951,088 -$39,770,882 $36.08 239
2024 Q4 70,096,177 $2,936,073,195 +$159,783,304 $41.88 222
2024 Q3 66,749,323 $2,158,931,035 -$66,449,145 $32.34 223
2024 Q2 67,001,694 $2,602,124,247 +$222,582,258 $38.84 221
2024 Q1 60,987,915 $2,701,189,803 +$161,014,890 $44.30 222
2023 Q4 57,095,398 $3,031,608,859 +$341,504,940 $53.13 230
2023 Q3 50,745,061 $2,371,340,370 +$62,118,541 $46.73 191
2023 Q2 49,221,851 $2,155,411,213 +$278,102,092 $43.79 163
2023 Q1 43,431,587 $1,501,442,327 +$94,137,895 $34.57 113
2022 Q4 40,927,318 $1,116,502,333 -$48,372,722 $27.28 94
2022 Q3 41,937,392 $1,460,683,756 +$168,787,506 $34.83 93
2022 Q2 37,008,681 $1,340,816,936 +$181,265,681 $36.23 81
2022 Q1 30,991,033 $1,285,533,000 +$608,373,242 $41.47 62
2021 Q4 13,525,113 $1,044,184,000 +$1,023,400,000 $77.16 62