BRZE ranks #2472 out of 37503 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
BRZE is a top-conviction position for Sapphire Ventures, L.p. — at 34.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in BRZE belongs to FMR LLC, but the position matters far more to Sapphire Ventures, L.p., who has 34.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Fidelity has added to its BRZE position for two straight quarters, increasing it by $366.2M to reach $366.4M today.
Steve Cohen has trimmed its BRZE position for two straight quarters, cutting it by $103.5M while still holding $2.4M.
BRZE is up 0.5% today, and institutions have been net buyers of $247.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.