SCHEDULE: FMR LLC Reports 15% Stake in Braze Inc.
Beneficial Ownership Filing (Schedule 13G Amendment)
FMR LLC and Abigail P. Johnson have updated their beneficial ownership filing for Braze Inc., now reporting a 15.0% stake in the company's Class A Common Stock as of June 30, 2026.
Summary
- FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, reporting their beneficial ownership of Braze Inc. Class A Common Stock.
- As of June 30, 2026, FMR LLC beneficially owns 16,894,686.92 shares, representing 15.0% of the class.
- Abigail P. Johnson also beneficially owns 16,894,686.92 shares, representing 15.0% of the class.
- FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an investment company (IN).
- The filing indicates that other persons have the right to receive or direct the sale of dividends from these shares, but no single other person holds more than 5%.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports a change in beneficial ownership percentage without providing new operational or financial performance data.
Positives
- FMR LLC and Abigail P. Johnson maintain a significant stake, indicating continued confidence or investment strategy in Braze Inc.
Negatives
- The filing does not provide any new operational or financial performance data for Braze Inc., limiting insights into the company's current health.
Risks
- The filing does not explicitly mention any new risks associated with Braze Inc. or the reporting persons' holdings.
Future Outlook
This filing is a Schedule 13G amendment and does not contain forward-looking statements or guidance regarding Braze Inc.'s future performance.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and indicate significant holdings. The 15.0% stake by FMR LLC suggests a substantial investment in the SaaS sector, where Braze Inc. operates.
Comparison to Industry Standards
- No direct comparison to industry standards is provided in this filing, as it pertains to beneficial ownership reporting rather than operational performance.
Related Party Transactions
- The filing mentions that members of the Johnson family, including Abigail P. Johnson, are predominant owners of Series B voting common shares of FMR LLC and have entered into a shareholders' voting agreement. This agreement may deem members of the Johnson family to form a controlling group with respect to FMR LLC under the Investment Company Act of 1940.
Stakeholder Impact
- Shareholders may view the significant stake held by FMR LLC as a sign of institutional support for Braze Inc., potentially influencing market perception.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to report any material changes in their beneficial ownership of Braze Inc. Class A Common Stock.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC (referenced). |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC (referenced). |
| 2026-06-30 | Date of Event Which Requires Filing of this Statement (Reporting period end). |
| 2026-08-05 | Date of joint filing agreement and signature date. |
Keywords
Braze Inc., Schedule 13G, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Class A Common Stock, Investment Company, Holding Company
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