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

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

Type / Class
Equity / Class A Common Stock, par value $0.0001 per share
Symbol
BRZE on Nasdaq
Shares outstanding
103,271,787
Price per share
$34.29
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
74,731,748
Total reported value
$2,125,396,952
% of total 13F portfolios
0.01%
Share change
+2,801,100
Value change
+$81,100,222
Number of holders
231
Price from insider filings
$34.29
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Braze, Inc. - Class A Common Stock, par value $0.0001 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. 9.8% $262,313,315 8,634,408 MCG7 Capital Inc. 31 Dec 2024
Battery Ventures XI-A, L.P. 7.4% -40% $206,128,567 -$113,171,743 7,662,772 -35% Neeraj Agrawal 30 Jun 2025
Magnuson William 5.1% $152,933,711 5,377,416 Magnuson William 30 Sep 2025
BlackRock, Inc. 6.1% $162,520,423 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% $71,325,000 -$51,247,943 2,651,487 -42% Cadian Capital Management, LP 30 Jun 2025

As of 30 Sep 2025, 231 institutional investors reported holding 74,731,748 shares of Braze, Inc. - Class A Common Stock, par value $0.0001 per share (BRZE). This represents 72% of the company’s total 103,271,787 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Braze, Inc. - Class A Common Stock, par value $0.0001 per share (BRZE) together control 54% 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 8.7% 8,958,415 -7% 0% $254,777,323
BlackRock, Inc. 6.6% 6,788,065 +3.1% 0% $193,052,570
MILLENNIUM MANAGEMENT LLC 3.4% 3,482,342 +32% 0.08% $99,037,806
Champlain Investment Partners, LLC 2.6% 2,687,928 +11% 0.58% $76,444,672
JPMORGAN CHASE & CO 2.4% 2,455,367 +6% 0% $69,830,653
BATTERY MANAGEMENT CORP. 2.3% 2,425,000 +70% 13% $68,967,000
WESTFIELD CAPITAL MANAGEMENT CO LP 2.1% 2,177,953 +36% 0.26% $61,940,983
ALLIANCEBERNSTEIN L.P. 2% 2,014,016 -13% 0.02% $57,278,615
GEODE CAPITAL MANAGEMENT, LLC 1.9% 1,998,374 +11% 0% $56,842,294
STATE STREET CORP 1.9% 1,985,063 +8.8% 0% $56,455,192
ShawSpring Partners LLC 1.8% 1,848,244 -27% 7.8% $52,564,059
Optimus Prime Fund Management Co., Ltd. 1.7% 1,780,000 +16% 4.5% $50,623,200
CADIAN CAPITAL MANAGEMENT, LP 1.7% 1,763,108 -34% 3% $50,142,792
SAPPHIRE VENTURES, L.L.C. 1.6% 1,665,798 0% 56% $47,375,295
DEUTSCHE BANK AG\ 1.6% 1,647,274 +18% 0.02% $46,848,472
BARCLAYS PLC 1.4% 1,404,395 +443% 0.01% $39,940,993
MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.4% 1,397,305 +2.6% 0.03% $39,739,354
BANK OF AMERICA CORP /DE/ 1.3% 1,351,227 +238% 0% $38,428,900
UBS Group AG 1.2% 1,279,678 +421% 0.01% $36,394,042
CITADEL ADVISORS LLC 1.1% 1,157,581 -48% 0.03% $32,921,603
Nuveen, LLC 1.1% 1,155,781 +198% 0.01% $32,870,412
Stephens Investment Management Group LLC 1.1% 1,134,289 -3% 0.42% $32,259,179
MORGAN STANLEY 0.98% 1,009,546 -73% 0% $28,711,488
MARSHALL WACE, LLP 0.94% 969,019 -12% 0.03% $27,558,901
TimesSquare Capital Management, LLC 0.88% 905,503 +81% 0.37% $25,752,505

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

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 437,823 $14,977,153 +$10,650,894 $34.29 19
2025 Q3 74,731,748 $2,125,396,952 +$81,100,222 $28.44 231
2025 Q2 71,665,549 $2,015,398,369 +$30,387,579 $28.10 219
2025 Q1 69,614,859 $2,510,627,521 -$39,770,761 $36.08 238
2024 Q4 70,082,001 $2,935,469,574 +$193,000,497 $41.88 221
2024 Q3 65,941,991 $2,132,821,934 -$97,844,415 $32.34 222
2024 Q2 66,987,255 $2,601,562,978 +$261,970,623 $38.84 223
2024 Q1 59,959,029 $2,655,610,034 +$146,403,309 $44.30 220
2023 Q4 68,076 $3,616,878 +$2,523,622 $53.13 3
2023 Q3 50,001,540 $2,336,595,838 +$72,398,001 $46.73 188
2023 Q2 48,258,176 $2,113,211,962 +$236,469,643 $43.79 161
2023 Q1 43,430,782 $1,501,403,019 +$93,881,123 $34.57 110
2022 Q4 40,927,213 $1,116,499,468 -$50,163,462 $27.28 93
2022 Q3 41,937,267 $1,460,679,098 +$166,950,353 $34.83 91
2022 Q2 36,995,141 $1,340,122,141 +$185,218,854 $36.23 80
2022 Q1 30,990,936 $1,285,529,000 +$588,268,997 $41.47 60
2021 Q4 13,525,113 $1,044,184,000 +$1,023,399,899 $77.16 62