Millennium group and Integrated Core report stakes in Braze (NASDAQ: BRZE) on 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Braze, Inc. filing reports an amendment to a joint Schedule 13G showing Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander as beneficial owners of Class A Common Stock.
The filing lists 4,154,645 shares (3.7%) reported for Integrated Core Strategies (US) LLC and 4,384,389 shares (3.9%) reported for Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander, each with shared voting and dispositive power.
Positive
- None.
Negative
- None.
Key Figures
Integrated Core Strategies shares: 4,154,645 shares
Millennium-related shares: 4,384,389 shares
Class label: Class A Common Stock
+1 more
4 metrics
Integrated Core Strategies shares
4,154,645 shares
shared voting and dispositive power; percent: 3.7%
Millennium-related shares
4,384,389 shares
shared voting and dispositive power; percent: 3.9%
Class label
Class A Common Stock
par value $0.0001 per share
CUSIP
10576N102
issuer identifier for Class A Common Stock
Key Terms
Schedule 13G/A, shared dispositive power, beneficial owner, Joint Filing Agreement
4 terms
Schedule 13G/A regulatory
"Amendment to a joint Schedule 13G showing"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial owner regulatory
"the reporting persons remained beneficial owners of more than 5% of the outstanding"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Joint Filing Agreement regulatory
"Exhibit I: Joint Filing Agreement, dated as of April 23, 2026"
FAQ
What does Braze (BRZE) Schedule 13G/A amendment report?
It amends a joint Schedule 13G to list group ownership. The filing lists Integrated Core Strategies (US) LLC with 4,154,645 shares (3.7%) and Millennium-related reporting persons with 4,384,389 shares (3.9%) as shared beneficial owners.
Who are the filing persons named on the BRZE 13G/A?
Reporting persons are Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander. Their addresses are shown as c/o Millennium Management LLC, 399 Park Avenue, New York.
How much voting power is disclosed in the amendment for these holders?
Each reporting line shows shared voting power and shared dispositive power. Integrated Core Strategies reports 4,154,645 shared votes; Millennium-related filers report 4,384,389 shared votes in the cover data.
Does the filing admit legal beneficial ownership by Millennium and Mr. Englander?
The filing states the holdings are held by entities subject to Millennium's voting and investment discretion but notes this should not be construed as an admission of beneficial ownership. Additional details appear in Item 4 text.
Is there a joint filing agreement included in the BRZE amendment?
Yes. Exhibit I is a Joint Filing Agreement dated April 23, 2026, among Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.